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Step into luxury living at the Chelsea Mercantile, Unit 16N is a stunning home offering an expansive 2, 029 square feet of thoughtfully designed space featuring high ceilings that create an airy and inviting atmosphere. An enormous great room, open kitchen, primary suit with adjacent and versatile home office and 2. 5 lavish baths. This residence is well-suited for a variety of lifestyles. Bask in the south and west exposures, which fills the unit with wonderful natural light, highlighting the rich hardwood floors throughout. The open-concept kitchen is a chef's dream, showcasing a center island that flows seamlessly into the dining area, ideal space for entertaining. You'll find excellence in every corner, from the meticulously maintained bathrooms with luxurious stall showers to the convenience of in-unit Bosch washer and dryer. Residents enjoy a host of amenities, including a full-time doorman and concierge service, a delightful roof deck with panoramic city views, a state of the art fitness center, private storage cage, Whole Foods on-site, and a garage (additional fee). Although the building maintains a pet-friendly atmosphere, please note there is a limit of one pet per household, with a pet fee applicable. Chelsea is known for its lively art scene, diverse dining options, and close proximity to the High Line and Hudson River Park, offering endless opportunities for urban adventures and relaxation alike. Transportation is a breeze with numerous subway lines nearby, connecting you to the rest of the city within minutes. Experience the pinnacle of sophisticated urban living and make Unit 16N at 252 Seventh Avenue your next home. Schedule a viewing today and see for yourself why this exceptional property should not be missed!
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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 | $14,400 | $14,400 | $14,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $90 | $95 | $121 |
Total Monthly Payment | $165 | $170 | $196 |
* 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.