Elevated Living at The Chelsea Lane
Discover the best of city living in Residence 14BS, a spacious and sunlit junior 1 bedroom perched on the top floor of The Chelsea Lane. This exceptional home not only offers generous proportions but also boasts sweeping southern views that extend all the way to the Freedom Tower.
Step inside and be greeted by a welcoming foyer that seamlessly transitions into an expansive living and dining area. Natural light pours in, highlighting the room's airy feel and creating a comfortable space to relax or entertain.
The apartment features a thoughtfully designed kitchen- styled with marble countertops, a convenient dining island, and stainless steel appliances, including a built-in microwave, dishwasher, and custom cabinetry. The apartment also features excellent closet space throughout, keeping the living area clutter-free.
Building & Amenities
Located in the sought-after Flatiron District, The Chelsea Lane at 16 West 16th Street offers a full suite of amenities designed to simplify urban living. With a beautifully renovated lobby, a 24-hour doorman, live-in superintendent, on-site management, and a dedicated maintenance team. Additional perks include a laundry room, a peaceful green space, storage, bike room, and garage access-all located on the building's lower level.
Unbeatable Location
Living here means having the best of the city at your fingertips. Visit the Union Square Farmers Market, indulge in the Flatiron District's top dining spots, or explore nearby boutiques and shops. With quick access to all major public transit, getting around the city couldn't be easier.
Don't wait-experience refined city living at The Chelsea Lane. Reach out today to arrange a private showing!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,908 | $4,934 |
Total Monthly Payment | $4,049 | $4,000 | $5,026 |
* 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.