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BRING YOUR ARCHITECT!
This expansive loft apartment is available for sale for the first time in decades. The sprawling 1, 829 sqft footprint leaves plenty of room to create a functional 3 bedroom, 2. 5 bathroom home with fantastic flow, large rooms and great separation between the bedrooms and living areas.
This loft was the home and studio of the renowned Chilean artist, Juan Downey, whose work can be seen in the Museum of Modern Art, The Whitney, The Smithsonian, Tate Modern, Centre Pompidou and many more.
Built in 1923 as a former fur vault, 150 West 26th Street was converted to a residential loft condominium in 2002. The building has a common roof garden, on-site building manager and permits in unit Washer/Dryers and central Air Conditioning. All of this a stone's throw from the fantastic art galleries, restaurants and cafes that Chelsea has to offer as well as public transportation (1, R, W, F, M, C, E and the LIRR). Don't miss the opportunity to create the home of your dreams in one of the best neighborhoods in Manhattan.
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.
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Our Executive Mortgage Banker:
$1,850,000
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
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,403 | $8,993 | $12,489 |
| Total Monthly Payment | $8,528 | $9,118 | $12,614 |
* 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.