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This full-floor penthouse at The Paradigm offers an extraordinary opportunity to experience elevated living in one of Chelsea’s premier boutique condominiums. The residence features two spacious bedrooms and two bathrooms, thoughtfully designed to maximize light, space, and comfort. A private keyed elevator opens directly into a north-facing living and dining area with soaring ceilings, a wood-burning fireplace, and a balcony offering iconic views of the Empire State Building and city skyline. The open chef’s kitchen is newly renovated and outfitted with a Viking range, Sub-Zero refrigerator and wine cooler, and a Bosch dishwasher—perfect for entertaining or everyday living. The primary suite includes a south-facing balcony and a spa-like bathroom with a steam shower and a deep six-foot soaking tub. The second bedroom also enjoys southern exposure and its own private balcony. A large private roof deck crowns the home with panoramic views of the Chelsea skyline, creating a peaceful retreat above the city. Enjoy the convenience of electric and water hookups already installed on the terrace. Additional features include an in-unit washer and dryer, central air conditioning, custom lighting, custom built-in cabinetry, and a 250 sqft private storage unit in the basement. The Paradigm is a 13-story, 12-unit condominium built in 2003, featuring a shared roof deck and secure video intercom access. Located in the heart of Chelsea, the building is surrounded by renowned dining, shopping, and cultural destinations including Eataly, Trader Joe’s, Whole Foods, Madison Square Park, and the High Line. Multiple subway lines—including the 1, F/M, and C/E—are just moments away. This rare offering blends architectural elegance with urban ease in one of Manhattan’s most sought-after neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,000
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 |
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Loan Amount | $2,399,200 | $2,399,200 | $2,399,200 |
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 | $4,155 | $4,155 | $4,155 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,811 | $15,362 | $20,408 |
Total Monthly Payment | $18,091 | $19,642 | $24,688 |
* 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.