New York (Chelsea), NY, 10001 | $4,980,000

Residence 8 is an elegantly designed three-bedroom, three-bathroom home with a huge terrace featuring a private, key-accessed elevator that opens directly into a grand foyer. Upon entry, the spacious living room immediately captivates with its expansive 36-foot city views, high ceilings, and top-quality white oak floors. The thoughtfully designed floor plan includes an open kitchen adorned with marble countertops and backsplash, equipped with Gaggenau appliances, a wine fridge, gas convection oven and stove, steam oven, dishwasher, and microwave. The primary bedroom suite boasts floor-to-ceiling windows that flood the space with natural light. The ensuite bathroom features a double vanity, heated marble floors, a deep soaking tub, a walk-in shower, and luxurious materials throughout. The additional bedrooms and bathrooms maintain the same level of high-end finishes, ensuring an elevated living experience for all residents. The residence's beautiful 471-square-foot west-facing private terrace overlooks some of West Chelsea's most architecturally significant buildings, and is an entertainer's dream. The Emerson, which has a doorman 7-days a week from 7am-11pm, is situated in the vibrant West Chelsea neighborhood, surrounded by world-class restaurants, bars, coffee shops, art galleries, and the iconic High Line, with close proximity to Hudson Yards and the Meatpacking District. With only eight units in the entire 10-story building, it offers a boutique living experience. This is a rare opportunity to reside in one of Manhattan’s most desirable neighborhoods.

Features

  • Town: New York
  • Cooling: Central Air,Other
  • Levels: 10
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 0.000000x0.000000
  • Laundry: In Unit,See Remarks
  • Year Built: 2020
  • Common Charge: $2,125 Monthly
  • Approx Sq. Feet: 2,375
  • Est. Taxes: $61,308
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Cooktop,Dryer,Dishwasher,Freezer,Refrigerator,Wine Cooler,Washer
  • MLS#: COMP-161889640641131
  • Days on Market: 202 days
  • Website: https://www.raveis.com
    /prop/COMP-161889640641131/500w25thstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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New York (Chelsea), NY, 10001

$4,980,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,984,000 $3,984,000 $3,984,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 5.966%
Monthly Tax Payment $5,109 $5,109 $5,109
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,934 $24,855 $33,351
Total Monthly Payment $28,168 $30,089 $38,585

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.