New York (Chelsea), NY, 10011 | $585,000

Perched high-up on the 16th floor this bright, north-facing alcove studio (convertible junior 1 bed) is waiting your creative touch. Apt 16H offers amazing natural light with peaks of the Empire State Building and Manhattan West and serene internal garden vistas. The windowed kitchen is equipped with a Viking oven with 4-burner cooktop, GE dishwasher, and GE fridge. The flexible layout allows for easy transformation, with the alcove area comfortably fitting a Queen-sized bed. It can also be customized to include a hidden closet space, giving it the feel of a junior one-bedroom. Additionally, the apartment features a separate dressing area, offering even more convenience and storage. The original bathroom adds character and charm to this space, providing a classic feel. This studio is perfect for those seeking a quiet retreat with excellent light and an unbeatable location. Schedule your viewing today!

Constructed in 1930, London Terrace Towers is an impeccably-run coop staffed 24 hours a day with door attendants, porters, service personnel, live-in resident manager and on-site management office. Amenities include complimentary access to the famed half Olympic-sized indoor heated swimming pool, sauna, steam and locker rooms. For a nominal fee, residents enjoy the state-of-the-art 3000 sf gym managed by URBN Playground. The common roof terrace is beautifully landscaped and furnished with WIFI and an outdoor shower and boasts views of the Hudson River and Hudson Yards. Residents have use of the newly renovated large common laundry facilities; private storage; bike room; and access to an indoor parking garage (independently operated). The property is wired for both FiOS and Spectrum. This coop allows Pied-a-Terre, Guarantors, Gifting, Co-purchasing and Subletting allowed after 2 years of ownership (all with board approval). 80% financing permitted. 2% Flip Tax, split evenly between buyer and seller. The monthly maintenance includes the pool, steam, sauna and locker rooms, heat, hot water and gas, very low electric (sub-metered). This is a pet-friendly building.

Situated in the midst of the vibrant Chelsea neighborhood, this residence offers unparalleled access to New York City's finest attractions such as the High Line, Hudson Yards, Chelsea Piers, Little Island, Hudson River Park, and Chelsea Market. Photos and renderings are virtually staged. Please reach out to listing agent to schedule a showing.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 19
  • Amenities: Sauna
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building In Basement
  • Complex: London Terrace
  • Year Built: 1932
  • Common Charge: $1,685 Monthly
  • Approx Sq. Feet: 500
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: RPLU-21923286036
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/RPLU-21923286036/465w23rdstreet_newyork_ny?source=qrflyer
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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

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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

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New York (Chelsea), NY, 10011

$585,000

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 $468,000 $468,000 $468,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,114 $3,153 $4,013
Total Monthly Payment $3,206 $3,245 $4,105

* 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.