Lovely pre-war home with efficient two-bedroom layout and modern renovations in boutique Chelsea coop featuring a spectacularly renovated roof terrace.
Residence 5D is a peaceful urban retreat overflowing with charming details, modern renovations and 7 oversized windows. High ceilings and hardwood floors are accentuated by great natural light from two exposures, including south. The original one-bedroom layout was thoughtfully transformed to maximize space and functionality, making this apartment a paradigm for city living. Every inch exudes character, and significant renovations make this home truly turn-key.
A spacious gallery is well suited for a distinguished art collection and connects each space of the home gracefully. The kitchen deftly balances materials from attractive tile work to generous countertops. Enjoy stainless steel appliances, including a dishwasher, and great storage throughout. Carefully curated light fixtures enhance each space. The bathroom has been fully renovated with a gorgeous shower, vanity and luxurious toto smart toilet. Charming French doors open to a primary bedroom perched over the treetops, flooded with natural light and enamored with views downtown to the Freedom Tower. The cozy second bedroom is a bonus space to be used as you desire. Each bedroom contains a custom designed and adaptable pipe closet system for storage. Most importantly, outside of this being a magnificent apartment, you can enjoy a divine lifestyle in an excellent building at a highly compelling low maintenance.
254 W 25th is an intimate prewar coop built in 1925 and converted in 1988 with 25 units. The carefully drawn fa ade is an architectural gem that stands out on a stunning tree-lined street in the heart of Chelsea. The building boasts a renovated roof terrace overlooking the Empire State building and New York City Skyline, as well as a serene rear garden. It also contains a live-in Super, elevator, central laundry, video-intercom, dedicated owner storage and bike storage. This prime Chelsea location is filled with vibrant neighborhood energy from top tier dining, shopping and galleries. It also has close proximity to the High Line, West Village, Flatiron and Hudson Yards. Situated between 7th and 8th Ave, close transportation is outstanding with the C, E, and 1 subway lines nearby as well as the hub of Penn Station. Whole Foods is just down the block.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,138 |
Total Monthly Payment | $4,078 | $4,074 | $5,230 |
* 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.