The Gallerist Penthouse @ FIVE SIXTY
Located in the heart of West Chelsea's Arts District, this duplex penthouse offers a rare combination of modern design and timeless craftsmanship. Designed by AD100 architect Steven Harris in partnership with Adam Gordon and Tavros Development, this home blends thoughtful details with functional luxury.
Penthouse Features:
- Modern Living at Scale: Key lock elevator access to over 4, 596 sq ft of thoughtfully designed interiors across two, private, full floors. 10-ft ceilings, and large windows provide incredible light and showcase the European oak Chevron patterned floors.
- Timeless Design: Limestone fa ade, 8' bronze-framed French doors, marble Tiffany-style moldings and an incredible Rosario Candela inspired double height entry gallery.
- Outdoor Living: Four private terraces, including a stunning 37' x 13' North-facing entertaining terrace, complete with incredible views.
- Gallery-Ready Walls: Expansive walls designed to showcase art collections enhances the home's connection to the Gallery's in the neighborhood. Added comfort and peace of mind provided by high performance HVAC with humidity and fresh air controls.
- Bespoke Kitchen: Fitted with Jacaranda wood cabinetry, antique bronze hardware, Glassos countertops, La Cornue professional range, Sub-Zero appliances, a walk in pantry. wine and beverage coolers and a custom Range Craft hood. Bright and warm, the kitchen also provides access to large dining terrace, with river views.
- Grand Primary Suite: Includes a private terrace, marble fireplace, and a luxurious Calacatta gold marble en-suite bath with radiant-heated floors and a fully built walk-in closet.
- Additional Suites: Three generously sized bedrooms with marble-clad en suite baths and bespoke detailing throughout.
FIVE SIXTY is a boutique condominium offering privacy and exclusivity, with just six full-floor residences and two duplex penthouses. Residents enjoy a 24-hour attended lobby with Jacaranda wood walls and private storage. Located at the epicenter of art, culture, and culinary excellence, your new home is moments from the The Avenues World School, the High Line, Chelsea Piers, and Hudson River Park. Shown by appointment only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $56,023 | $60,679 | $81,010 |
Total Monthly Payment | $56,148 | $60,804 | $81,135 |
* 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.