547 West 47th Street, #508, New York (Clinton), NY, 10036 | $780,000

Reduced Pricing at the West Residence Club!

Inquire about our Studio and Select 1BR Rate Buy-Down Program!

Only 10% Deposit at Contract Signing!

547 West 47th Street, 508
The West Residence Club, Hell's Kitchen, New York, NY 10036

547 West 47th Street offers lifestyle driven condominium residences with architecture and interiors by the innovative Dutch design team Concrete Architects and developed by CBSK Ironstate, Premier services for wellness are provided by The Wright Fit.

Residence 508 is a perfectly designed 469 sq. ft. studio residence with north exposure, that looks out onto a lush, landscaped viewing garden, creating an unexpected and transportive experience in the heart of Hell's Kitchen. The galley kitchen features dramatic marble countertops and backsplashes, custom cabinetry with ample storage, and appliances by Miele and Bosch, creating a generously sized kitchen not common for studio residences. The stylishly designed bath features grey terrazzo flooring, pale grey ceramic wall tiles, a honed grey marble countertop on custom matte black vanity, matte black fixtures by Rohl, and a pocket door separating the bathroom from an entry vestibule. All homes at 547 West 47th Street are completed with conveniences such as an in-residence washer and dryer, central air conditioning, private storage included with each home, and motorized roller shades at windows, making these homes perfect urban oasis.

The West Residence Club features a garden entrance with lush landscaping and a 24-hour attended lobby. Residents can enjoy over 30, 000 square feet of amenities at 547 West 47th Street such as the glass-enclosed library with a fireplace and lounge and dedicated co-working spaces. The state-of-the-art indoor/outdoor fitness center with yoga studio was curated by The Wright Fit, creating an inspiring space for personal fitness. Up at the Pool Club, residents can take in views of the Hudson River and Midtown Skyline from the rooftop swimming pool and sundeck, outdoor kitchens, dining areas and lounge spaces.

The complete list of amenities throughout the building include:
- Indoor/Outdoor Fitness Center with On Demand Training available through The Wright Fit
- Rooftop Pool Club with Sundeck, Outdoor Kitchens, Dining Areas and Lounge Spaces
- Outdoor Dog Run and a Pet Spa
- An additional 8th Floor Rooftop Lounge with Midtown skyline views, outdoor kitchens, and dining areas
- Hotel-Style Guest Suites available for use by friends and family of residents
- Private Dining Room and Catering Kitchen for hosting events
- Co-working Space and Conference Room
- Glasshouse Library Lounge with Fireplace
- Full-time Doorman
- Live-in Resident Manager
- Storage included with every home
- House Bicycles courtesy of Trek
- Oversized mail room with packing station and automated lockers for seamless and secure handling of packages
- A playroom and outdoor playground

Equal Housing Opportunity. The complete offering terms are in an offering plan available from sponsor. File No. CD 18-0479. Sponsor: 646 11th Owner LLC, C/O SK Development, 270 Lafayette Street, Suite 506, NY, NY 10012.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 12
  • Amenities: Bike Room; Fitness Room; Pool; Nursery; Cabanas; Roof Deck; Private Storage;
  • Rooms: 2
  • Baths: 1 full
  • Complex: West, The
  • Year Built: 2022
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Concierge
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU618223272018
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /prop/RPLU618223272018/547west47thstreet_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 Corcoran Sunshine Marketing Group

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

547 West 47th Street, #508, New York (Clinton), NY, 10036

$780,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $624,000 $624,000 $624,000
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 N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,310 $4,204 $5,308
Total Monthly Payment $4,402 $4,296 $5,400

* 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.