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Jean Nouvel's awe-inspiring design of 100 Eleventh Avenue, a far-west Chelsea condominium completed in 2009, has captured the imagination, and is monumentally ensconced in the New York skyline. The far-west site allowed Nouvel unhampered freedom to design an unprecedented structure that embodies spectacular views and light. The Pritzker award-winning architect has successfully created the interesting dichotomy between the vibrant, mosaic-like, asymmetric window facade of varied shapes and sizes with a calm, minimalist interior. The space of 16C, a high floor consisting of approximately 2650+/-sf with 3 bedrooms, and 3. 5 baths, attests to Nouvel's singular achievement with South-West, East and North exposures. The sparse and clean design accentuated by the white terrazzo floors running throughout the unit, provides a gallery like setting in which to accept the unpredictable placement of windows to its east and north with the surprise element of framed "postcard photos" of New York City's skyscrapers, including the Empire State Building and the Met Life Building. The south-west's continual floor-to-ceiling curtain of glass, measuring approximately 70', extends throughout the Great Room, and 2 of the 3 bedrooms including the primary bedroom. Amazing south views encompass the Statue of Liberty, and the Hudson River to its west, providing a hypnotic appreciation of the ever-changing light and movement of shadow. The open and expansive plan of the Great room consists of Living Room, Dining and Kitchen. The loft like space with high ceilings can easily accommodate individual life styles; making it a grand space to entertain, yet to feel at home in. The beauty of 16C is that Nouvel's design has not been tampered with; it exists in its original conception. The architect's hand is everywhere: from the cool stainless-steel kitchen design with top appliances to the details of lighting and bathroom fixtures. The many amenities at 100 Eleventh Avenue include a full-time doorman, a live-in Super, an indoor/outdoor pool with lifeguard on duty, a fitness center, sauna and steam rooms, a garden, and a lifestyle concierge. 100 Eleventh Avenue is stylishly and conveniently situated across from Chelsea Piers, in close proximity to Chelsea Market, Art Galleries, the Meatpacking District, the amazing High Line, Little Island, the Whitney Museum, food shops and restaurants throughout the area. Co-exclusive.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,680,000 | $4,680,000 | $4,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $4,874 | $4,874 | $4,874 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,767 | $27,311 | $38,240 |
| Total Monthly Payment | $29,766 | $32,310 | $43,239 |
* 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.