Showings commence Monday Dec 16th! ART DECO CLASSIC --NEW Gorgeous Sunny Studio/ Jr 1 in Chelsea! This is truly a special residence with one of the best studio layouts at the legendary Kensington House. The interior bedroom works perfectly with this floorplan and allows a beautiful separation of space. If you love Art Deco then you will love the sunken living area, beautiful dark wood floors, oversized windows and classic Manhattan vibes. Your plants will love it and the sun casts its shine for hours in both the kitchen and main room. The generous entry affords space for a dinette or desk and the bright windowed kitchen with Miele cooktop and stainless steel appliances was opened up into the space for more contemporary living. The interior bedroom with a newly erected non-structural wall fits a full or queen and leads to two closets, and dressing area on the way to the updated tiled modern bathroom with deep tub. **Note the interior bedroom and one livingroom picture are virtually staged** The Kensington House is one of famed early 20th century architect Emery Roth's most beautiful co-ops built in the 1930s in the iconic Art Deco style. The elevators were just redone, and the gorgeous 24 hour doorman attended lobby is one of the most splendid in Chelsea. The updated and planted roofdeck is a wonderful experience with open manhattan views to all directions. One of the best downtown. There is a seasoned and professional staff always available and a resident manager. Pied a Terres are allowed and a friendly subletting policy which is unlimited after 3 years of ownership with board approval. This Chelsea location is perfect. At the corner of West 20th St and Seventh Avenue you are just minutes to several local and express trains (1, 2, 3, A, C, E, F), and easy access to Trader Joes, Whole Foods, tons of home furnishing stores, cute coffee shops and salons, and of course some of the best dining in the city. Showings by appointment through the exclusive broker. Buyer reps welcome. *owner is paying the co-op assessment*
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Our Executive Mortgage Banker:
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$565,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $452,000 | $452,000 | $452,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,122 | $3,045 | $3,845 |
Total Monthly Payment | $3,214 | $3,137 | $3,937 |
* 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.