Breathtaking 3 Bed+ / 3. 5 Bath home perched high above West Chelsea’s streetscape and the High Line Park features breathtaking views south, east and north with sweeping panoramas of the Hudson River, midtown and downtown Manhattan, and beyond. With direct elevator access through a private vestibule, this stately, column-free residence offers a magnificent center galley and a south-facing 30'×19' grand room with adjacent library and formal dining room. Expertly designed interiors by Foster + Partners include a top-of-the-line kitchen by Molteni | DaDa with beveled Blanco de Macael marble countertops and natural stained oak cabinetry, eleven-foot ceilings, custom cove lighting, detailed millwork and deep thresholds throughout. A stunning, corner master bedroom with direct river views features a fully finished, large walk-in closet with extensive custom millwork by Foster + Partners, a luxurious master bathroom oasis with double door entry, a meditative freestanding tub facing south with river views, radiant heated Luna Black granite floors and a custom Corian vanity with integrated lighting. It also includes a separate enclosed shower and water closet with custom designed floor to ceiling translucent glass doors. Two additional en-suite bathrooms have Travertino Striato stone floors and elegant Dornbracht fixtures. With rich materials throughout, this exceptional home offers details that are akin to a more elegant era, reinterpreted through the architect’s modernist sensibility: French-inspired oak herringbone floors frame these distinctive spaces while luminous metal reveals and a deep facade for perimeter seating border each panoramic view. Upgrades include include lighting by award winning Orsman Design, as well as architectural changes by AM/MOR architecture. The unit is fully automated by the highly sophisticated Savant Smart HomeSystem, including automation for Lutron shades, lighting, speakers and climate control. 551 West 21st Street provides an urbane setting in one of the most vibrant and sought after neighborhoods in the world. Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street features a private, gated drive court surrounded by a twenty-foot green wall and a dramatic, awe-inspiring thirty-four-foot, double height lobby with grand chandelier, full-time doorman, concierge, porter and valet services, a state-of-the-art fitness center with a his and her spa, yoga room, residents’ lounge, children’s playroom, bike storage, a live-in super and a dedicated, separate service entrance. Located just across the street from 551 West 21st Street are the famed High Line and Chelsea Piers, proposing endless activities. The building is situated within short walking distance to the A/C/E trains, West Side Highway, Meatpacking District, West Village, and Hudson Yards. Please contact listing agent to schedule your private appointment!
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William Raveis Mortgage, LLC
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Sarah.Alvarez@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 | $8,796,000 | $8,796,000 | $8,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $6,184 | $6,184 | $6,184 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,943 | $54,158 | $73,043 |
Total Monthly Payment | $56,252 | $60,467 | $79,352 |
* 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.