New York (Chelsea), NY, 10001 | $7,795,000
Welcome to 262 West 25th Street, where classic elegance meets modern charm in the heart of Chelsea. Built in 1866, this magnificent two-unit townhouse presents a rare opportunity. This home features both an Upper Triplex and an income-generating Lower Garden Duplex, which can be seamlessly combined into one spacious residence. Whether you're seeking a luxurious home, a pied-a-terre, or a fantastic investment, this property offers the best of all worlds.
Exceptional Potential for Expansion with 5, 791 sf of unused capacity (F. A. R. )
UPPER TRIPLEX FEATURES
CEILING HEIGHTS: Dramatic variations up to 22'
BEDROOMS: Three spacious, sun-filled bedrooms
BATHROOMS: Two Newly renovated, spa-like bathrooms
Primary bathroom with heated floor, Jacuzzi tub, rain-water shower head
Guest bath with steam room with rain-water shower head
GOURMET KITCHEN: Chef's kitchen with an expansive Statuary White Marble Island.
Viking appliances, including a fridge with double drawer
freezer and ice maker.
Marvel Wine Fridge and gas fireplace.
20' tall south-facing windows offering abundant natural light.
DINING ROOM:
Ideal for grand entertaining
LIVING ROOM:
Parlor Ceiling height with a working wood-burning fireplace. Original intricately carved marble mantelpiece
OFFICE LOFT:
Spacious home office with a unique catwalk bridge overlooking the backyard
STORAGE:
Ample closet space throughout, including utility and linen closets Media Room: Sun-drenched, south-facing media room/second bedroom
LAUNDRY ROOM:
Equipped with a suburban-sized washer/dryer and a custom "on-demand" hot
water system
PRIMARY BEDROOM SUITE:
Includes a walk-through dressing area and an en-suite spa
bathroom with heated floors, a skylight, Jacuzzi tub,
and open spa shower
LOWER GARDEN DUPLEX
Currently a high-end rental, easily rentable year-round
BEDROOMS: Two bedrooms, one and a half baths
OUTDOOR SPACE: Dining patio leading to a private
garden Modern
KITCHEN: Features a dishwasher, granite countertops,
and ample cabinet space
POWDER ROOM: Newly built upper-level powder room
STORAGE: Large walk-in pantry
262 West 25th Street offers a unique investment opportunity with its two-unit layout. The Lower Garden Duplex provides a steady income, while the Upper Triplex offers luxurious living and potential as a separate rental unit. Its prime location is close to the High Line, Chelsea Market, The Whitney Museum, Hudson River Park, and conveniently near Whole
Foods and Target.
Features
- Town: New York
- Rooms: 8
- Bedrooms: 5
- Baths: 3 full / 1 half
- Lot Size: 98.00x15.00
- Laundry: Washer Hookup,In Unit
- Style: Walk-Up
- Year Built: 1866
- Cooling: Other
- Basement: Other
- Approx Sq. Feet: 3,900
- Lot Size: 98.00x15.00
- Est. Taxes: $33,348
- View: Other
- Pet Policy: Building Yes,No
- Appliances: Washer Dryer Allowed
- MLS#: RPLU-63223180728
- Days on Market: 52 days
- Website: https://www.raveis.com
/eprop/RPLU-63223180728/262w25thstreet_newyork_ny?source=qrflyer
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 Brown Harris Stevens Residential Sales LLC Phone: (212) 906-9234
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Chelsea), NY, 10001
$7,795,000
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 | $6,236,000 | $6,236,000 | $6,236,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
| Monthly Tax Payment | $2,779 | $2,779 | $2,779 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $34,920 | $38,396 | $51,784 |
| Total Monthly Payment | $37,824 | $41,300 | $54,688 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535