Welcome to Residence 6U at the iconic Chelsea Mercantile, situated in the heart of Chelsea. This spectacular three bedroom, two bathroom apartment just completed a meticulous year long renovation by Lisa Chow and Jason Allen of Workshop DA. This perfectly positioned residence offers an opportunity to have a new development product in one of the most convenient locations in Chelsea.
As you enter the unit, you can’t help but notice the scale of this home, from the 11 ’+ ceilings to voluminous 35’ long great room. South facing light emanates from a bank of seven foot tall windows, complete with automatic blinds, into a dramatic open-plan great room with generously proportioned dining and living areas. The great room seamlessly transitions to an open plan kitchen, featuring custom Italian cabinetry and imported stone countertops. Enjoy a full suite of luxury kitchen appliances, including Viking, Bosch, SubZero and Miele. The wide oak flooring and venetian plaster architectural columns creates a cohesive blend of finishes that’s both form and function.
The expansive Primary Suite is replete with a spacious, custom, walk-in closet, king bed, and en-suite bathroom that would be the envy of any luxury spa or hotel. A secondary home office is situated apart from the master suite providing privacy for you and your guests, or a quiet respite to drive into your work. Plentiful closet space is located throughout the home.
Originally built in 1908, this former textile and garment warehouse was lovingly and meticulously restored to its former glory when reimagined as a boutique, full service, condominium in 2000. Offering a perfect blend of period specific loft like living with modern convenience, residents are treated to unparalleled spaces, luxury finish and utmost privacy in a consummately chic location. At The Chelsea Mercantile, residents enjoy full white-glove service that includes a 24/7 concierge and doormen, a children’s playroom, a state-of-the-art fitness and yoga center, a sprawling 10, 000 sq. ft. roof garden with panoramic 360 degree views, resident manager, a beautifully renovated ODA designed lobby + lounge, and a Whole Foods on the ground floor.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
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 | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,604 | $14,753 | $19,897 |
Total Monthly Payment | $13,729 | $14,878 | $20,022 |
* 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.