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Presented by![]() Vicky Harris |
Investor dream! Take advantage of extremely low monthlies with this enormous, high-floor view studio loft at Kheel Tower and a gross cap rate of 4. 7%.
This recently renovated home offers tall ceilings and expansive western views through oversized windows overlooking Chelsea and Hudson Yards. The foyer opens up to a kitchen with dining area - rare in a studio apartment. The chef's kitchen features custom cabinets, Corian countertops, and stainless-steel appliances. The large living/sleeping area provides plenty of opportunities for different layouts. The renovated, luxurious bathroom features Carrera marble tile, a new vanity, and modern fixtures. There is an in-unit washer & dryer and laundry is available on multiple floors throughout the building.
The Kheel Tower is a prewar Art Deco loft building with a live-in resident manager (who accepts packages), a video security system, and a large service elevator. The 1 train is practically outside your front door and you're a few blocks from the 2/3/A/C/E as well as Whole Foods & Trader Joe's.
Please note - photos are virtually staged.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.2708
Victoria.Harris@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,910 | $4,349 | $5,777 |
Total Monthly Payment | $4,002 | $4,441 | $5,869 |
* 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.