First Showing 5/18 3-4: 30. No Appointment needed! Come fast to see this large, Art Deco, SPONSOR, NO BOARD APPROVAL one bedroom in a lovely, Chelsea elevator building. 225 W 25th Street #3C is an enormous, fully-renovated, pre-war, one bedroom in excellent condition. The classic Art Deco details abound, such as refinished original oak floors, rounded soffits, carved crown molding, a sunken living room, a separate dining gallery, high ceilings, large rooms, lots of windows and plenty of closet space. It may sound too good to be true but I promise, it's not!
Three different types of oak floor - plank, herringbone and parquet - coupled with hallways and galleries give this apartment the feeling of a larger home. The renovated kitchen has stainless appliances including a dishwasher as well as Corian counters and white lacquer cabinetry and drawers, and a large west-facing window. The ample dining gallery, currently used as an office space, faces south and is the focal point from where the home radiates. The step-down living room has plenty of space for a living area, a large dining table, and even a desk. The bedroom is massive, easily fitting a king bed and plenty of furniture. The windowed bathroom sparkles with marble and tile accents. The apartment has five closets and comes with a huge, private storage cage at no extra cost!
The elevator building with a large lobby has a beautiful roof deck and landscaped common backyard, a central laundry room, bike room, live-in superintendent (who takes packages), and video security through your phone. Perfectly situated between the C/E and the 1 train, blocks from the 23rd and 34th Street crosstown buses, around the corner from Whole Foods, Trader Joes, NY Sports, Blink, and the High Line. Pied a terre, co-purchases and gifting will be considered. Subletting is allowed for three years out of ten. Buyer responsible for sponsor closing costs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,914 | $4,354 | $5,784 |
Total Monthly Payment | $4,006 | $4,446 | $5,876 |
* 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.