Mint condition, high-floor, corner, gracious 1-bedroom No board approval is required. Please see the alternative floor plan for creating a home office. Enter the foyer and be immediately taken aback by the grand proportions of this mint-condition one-bedroom. The oversized living room is usually only found in three-bedroom homes. Open western views look onto the highlife and accompanying "starchitect" buildings. Enjoy an elegant hidden bar for entertaining. The separate windowed kitchen has high-end appliances throughout. The expansive bedroom has two large closets and expansive western views. The bath is of 5-star hotel quality. Additional features include hardwood floors, beamed ceilings, through-wall a/c, and four closets. Housed in historic London Terrace, the “465 Tower” is coveted as it houses the indoor Olympic swimming pool and gym. The neighboring sundeck is accessible via an underground passage. The building includes a live-in super, on-site management, a 24-hour doorman, a garage (at an additional charge), gardens, a bike room, and laundry in the basement. Located in Premier West Chelsea, you'll be in the heart of the gallery district, with destination shops and restaurants, the High Line, and the Hudson River nearby. The building allows purchasing as a pied-à-terre, co-purchasing, gifting, and subletting. Pets are welcome at London Terrace Towers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,801 | $6,295 | $8,534 |
Total Monthly Payment | $5,926 | $6,420 | $8,659 |
* 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.