This is a wonderful opportunity to own a beautifully renovated two-bedroom, two-bathroom home in one of Chelsea’s most prominent pre-war co-ops, London Terrace Towers. Upon entering you are greeted to an open floor plan with a wall of bright casement windows overlooking the building’s quiet garden and courtyard. As you pass through the foyer, it is immediately apparent every detail of this home was thoughtfully considered. The open chef’s kitchen features custom cabinetry, a large marble breakfast bar plus top-of-the-line appliances including a Sub-Zero refrigerator and wine cooler, Viking range, Fisher-Paykel dishwasher and a Miele built-in coffer maker. The home features an ideal layout with split bedrooms, offering enhanced privacy. The primary bedroom is large enough for a king-size bed plus additional furniture. The dressing area is lined with closets, one of which is a massive walk-in. The spa-like en-suite primary bathroom is outfitted in Carrera marble and has a large walk-in shower and deep soaking tub. The second bedroom is situated on the other side of the apartment, near the second bathroom, which is equipped with a steam shower and Carrera marble finishes throughout. Additional features of this special home are custom lighting, wide plank hardwood floors, new A/Cs, an integrated sound system and abundant closets and storage throughout. London Terrace Towers is one of most iconic full service prewar buildings in the city, offering an impressive array of amenities including a state-of-the-art fitness center, a heated indoor swimming pool, planted roof terrace, basement storage, and a coveted parking garage. Its prime Chelsea location is in close proximity to the Highline, Chelsea Piers, Hudson Yards, Hudson River Park, the Meatpacking District, the Whitney Museum, many of the world’s finest contemporary art galleries, and some of Manhattan’s best restaurants and shops.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,840 | $8,620 | $11,626 |
Total Monthly Payment | $7,965 | $8,745 | $11,751 |
* 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.