New York (Chelsea), NY, 10001 | $3,550,000

Welcome to this oversized 2-bedroom, 3-bathroom, corner apartment in the highly sought after Chelsea Mercantile! This lofty apartment has high ceilings and oversized windows highlighting the natural light and the expansive north and east city views. With 2202 square feet it can easily be converted to three bedrooms. It offers a perfect blend of luxury, space and convenience. With its great layout, exceptional building amenities and prime location it is an ideal home for those seeking the best of urban living in New York City.

The oversized living room/dining room, 40'x20', is an entertainer's dream, with the open kitchen allowing a seamless transition to your living space. Both bedrooms boast large walk-in closets and en suite baths, The primary bath features double sinks, a soaking tub and a separate shower. There is a washer and dryer in the apartment.

The Chelsea Mercantile is a full service, pet friendly, prewar condo with a full-time doorman, concierge, live-in super, fitness center, enormous, landscaped roof deck, children's playroom, valet service and direct access to a garage. Whole Foods is located downstairs, and transportation and incredible dining are just steps away.

There is an ongoing capital assessment of $380. 72 and a special assessment of $1, 274. 08 monthly until June 2025. The apartment trades with a storage unit.

Some of the rooms in this apartment have been virtually staged. Photos shown are for representation only.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 19
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Building Other,In Unit
  • Complex: Chelsea Mercantile
  • Year Built: 1908
  • Common Charge: $1,893 Monthly
  • Approx Sq. Feet: 2,202
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-8923182065
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/RPLU-8923182065/2527thavenue_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 Coldwell Banker Warburg   Phone: (212) 439-4500

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Chelsea), NY, 10001

$3,550,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,840,000 $2,840,000 $2,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,125 $17,718 $23,774
Total Monthly Payment $16,250 $17,843 $23,899

* 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.