**Discover Your Quiet Oasis in Chelsea!**
Nestled in the heart of Chelsea, this charming alcove studio at London Towers offers a serene retreat with high beamed ceilings in a classic prewar doorman building. Situated at the end of a hallway, this cozy space (approximately 550 sqft) provides a peaceful ambiance with a northern exposure, showcasing a beautiful ivy wall and enveloping you in soothing white noise.
**Key Features: **
**Prime Location: ** Second-floor unit accessible via stairs (optional elevator use).
**Inviting Interiors: ** Windowed kitchen with stainless steel appliances, solid oak flooring, and a spacious changing area with ample storage.
**Comfortable Living Space: ** Two oversized windows in the main room and a dedicated sleeping area that fits a queen-size bed.
**Stylish Bathroom: ** Enjoy a cast iron soaking tub and a pedestal sink for a touch of elegance.
**Utilities Included: ** All utilities (heat, water, electricity, and gas) are covered in the maintenance fee. With an electricity submetering credit of $41. 83 monthly, your effective monthly maintenance is $1, 628. 69.
**Tenancy Details: ** Currently tenant-occupied until April 2025; 24-hour advanced notice required for showings.
**Building Amenities:
**London Terrace Towers is a full-service doorman pre-war co-op from the 1930s, consisting of four stunning gothic-style buildings. Enjoy a range of amenities including:
-Indoor mosaic tile pool with steam room, sauna, and locker room
-Laundry facilities, bike room, storage options
-Rooftop deck for relaxation
-On-site garage for convenient parking (separate management/fee)
-Impressive 3, 000 SF gym available to shareholders for a low fee
-UnlimitedSubletting is permitted after 2 years of ownership, subjectboard approval
**Conveniently Located:
**Just minutes from the High Line, Chelsea Piers, Hudson River, and a variety of restaurants and galleries. Easy access to the C, E, and #1 subway lines ensures you're connected to all that New York City has to offer.
**Flexible Ownership Options:
**The co-op welcomes dogs, co-purchasing, guarantors, and pied--terre owners, making it a versatile choice for various lifestyles.
Dont miss this opportunity to own a piece of tranquility in vibrant West Chelsea! Reach out today for more information or to schedule a viewing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,041 |
Total Monthly Payment | $3,280 | $3,277 | $4,133 |
* 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.