Beautifully renovated studio apartment in a charming, well-maintained 1920s Art Deco building, located in the heart of Chelsea!
Quiet and serene, this apartment allows for the peace and tranquility you desire in a home. An open entryway welcomes you to the light filled studio with views of the neighboring townhouse gardens. The spacious living area gives the flexibility of multiple layouts to fit your lifestyle. The separate kitchen has been renovated with marble countertops, glass tile backsplash, custom cabinetry, and stainless steel appliances, including a dishwasher. Sunlight continues through the window nook in the marble bathroom shower where the blooming trees sway outside. Pre-war details have been maintained throughout including original hardwood floors, as well as the crown and wall moldings. Through-wall AC unit installed. This is a raised first floor apartment with a lobby level below.
The Chelsea Arms is a very desirable prewar, pet friendly, elevator building that is meticulously maintained. The building has a recently renovated entrance lobby, common hallways and laundry room. Flexible board allows for co purchasing, pets and subletting after two years of ownership. The building also has a live-in superintendent, new laundry room, extra storage facilities and bicycle room. The Chelsea Arms is just blocks away from many subway lines, Chelsea Market, Chelsea Piers, The Whitney Museum, The Joyce Theatre, The High Line Park and Little Island. Located in an unbeatable downtown location you will enjoy the many restaurants, shops and boutiques that Chelsea, Meatpacking District & the West Village neighborhoods are famous for. The charming apartment 1F would be the perfect new home in Chelsea!
Current assessment of $209/month till Feb 2027
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,335 | $2,305 | $2,989 |
Total Monthly Payment | $2,410 | $2,380 | $3,064 |
* 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.