New York (Chelsea), NY, 10011 | $595,000

A truly rare offering, available for the first time in nearly half a century. Situated on one of Chelsea’s most picturesque and gracious blocks, this stunning 25-foot-wide Italianate brownstone, built in 1856, is home to Apartment 7—a residence that has remained untouched by modern over-renovation, preserving its authentic character while offering impeccable upkeep. Just two flights up, this one-bedroom with western and southern exposures has soaring 10-foot ceilings, original hardwood floors, and a wood-burning fireplace. These create a warm and inviting atmosphere, while an abundance of storage—including a dedicated storage unit—adds everyday convenience. A welcoming, gallery-like entry hall with two closets leads the way into the apartment. The kitchen, as currently configured, is set along the extended hallway, offering flexibility for future reimagining. The bright living room features west-facing windows and a charming fireplace, while the bedroom enjoys quiet southern light, a full windowed bath, walk-in closet and overhead storage. With the guidance of an architect, the layout presents an opportunity to be thoughtfully redesigned to suit your lifestyle. Perfectly positioned in the Historic Chelsea District between 9th and 10th Avenues, the location is truly exceptional—just one block from the High Line and moments from some of the city’s best restaurants, cafés, and galleries. Nearby Chelsea Piers and Hudson River Park offer amazing fitness and recreational opportunities. With easy access to the A/C/E, L, 1/2/3 trains and crosstown buses, the entire city is at your doorstep. This boutique, self-managed 7-unit co-op is thoughtfully maintained and features a video intercom system and a laundry room with complimentary washer and dryer use. As a small, shareholder-driven building where all residents take an active role, certain policies are in place to preserve its close-knit and well-managed environment; subletting, pied-à-terre ownership, co-purchasing, and gifting are not permitted. Can be combined with Unit 9 just above which is offered for sale separately.

Features

  • Town: New York
  • Levels: 5
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 25.08 x 112.0
  • Laundry: Common On Floor
  • Year Built: 1855
  • Common Charge: $1,815 Monthly
  • Est. Taxes: $0
  • Pet Policy: Building No,No
  • MLS#: RLS20084568
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/RLS20084568/434w20thstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sothebys International Realty   Phone: (212) 606-7660

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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New York (Chelsea), NY, 10011

$595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,851 $2,970 $3,921
Total Monthly Payment $2,943 $3,062 $4,013

* 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.