NEWLY RENOVATED GEM IN CHELSEA!Welcome to Residence 5E, a meticulously renovated and visually stunning apartment located on one of Chelsea's most historic and sought-after blocks. This one-bedroom home combines modern elegance with timeless charm, offering a brand-new kitchen and bathroom outfitted with top-of-the-line appliances. From the moment you step inside, you'll appreciate the thoughtful attention to detail. The newly refinished floors exude sophistication, while the custom-designed storage options-including a spacious walk-in closet at the entry and a full wall of closets in the bedroom-ensure convenience and functionality. Key Features of Residence 5E: -Brand-New Kitchen & Bathroom: Fully renovated with sleek, modern finishes. -Premium Appliances: Includes a Miele stackable washer/dryer, Bosch dishwasher, Blumberg refrigerator, and more. -Investor-Friendly Co-op: Offers condo-like rules with unlimited subletting from day one. -Sunlit Spaces: Enjoy sunny northern and southern exposures. -Ample Storage: Walk-in closet plus a wall of bedroom closets. -Low Maintenance Fees: Financially sound building with pet-friendly policies. Additional Perks: Parents buying for children, guarantors, gifting, co-purchasing, pied- -terres and subletting are all welcome!Positioned in the heart of Chelsea, this charming, sun-drenched home offers unbeatable access to the neighborhood's historic charm, vibrant culture, and convenience. Don't miss your opportunity to own a piece of perfection in one of Manhattan's most desirable locations. Some photos virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,803 | $4,182 | $5,640 |
Total Monthly Payment | $3,895 | $4,274 | $5,732 |
* 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.