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Welcome to 85 8th Avenue, Apartment 4V at The Thomas Eddy — a spacious, fully renovated west-facing alcove studio overlooking the building’s beautifully landscaped private courtyard in the heart of Chelsea. Quiet and filled with natural light, Apartment 4V offers a rare combination of flexibility, functionality, and sophisticated downtown living. The home’s serene courtyard exposure and private balcony create an unexpected sense of calm, while remaining moments from the best dining, shopping, and cultural destinations downtown Manhattan has to offer. The expansive living area easily accommodates separate living and dining spaces, with additional room for a home office or reading nook. Bamboo floors run throughout, adding warmth and character, while the private balcony provides the perfect setting for morning coffee or dining al fresco. The thoughtfully designed kitchen is ideal for both everyday living and entertaining, featuring a stainless steel full-size oven & gas range, refrigerator, microwave, and dishwasher. The elevated sleeping alcove enhances both comfort and functionality, featuring sleek sliding doors that create separation from the main living area while comfortably accommodating a queen-size bed — offering the feel of a junior one-bedroom at an alcove studio value. This turnkey residence also features a generously sized spa-like bathroom and a large walk-in closet, providing excellent storage without compromising the apartment’s open and airy feel. The Thomas Eddy is a pet-friendly, full-service cooperative located on Eighth Avenue between West 14th and West 15th Street. Residents enjoy a 24-hour doorman, live-in superintendent, bike storage and laundry facilities on every floor. Guarantors, co-purchasing, and pied-à-terre ownership are permitted with board approval. There is no flip tax. Perfectly positioned in prime Chelsea, the building offers effortless access to the A, C, E, and L subway lines, as well as the 1, 2, 3, F, M, and PATH trains. Surrounded by the best of Chelsea, the West Village, and the Meatpacking District, residents are moments from renowned restaurants, cafés, boutiques, art galleries, fitness studios, the High Line, Chelsea Market, and the West Side Highway — placing the very best of downtown Manhattan right outside your door. There is a monthly assessment of $250. 13 through June 30, 2027. Current monthly abatements of $215. 65 and $216. 77 are not reflected in the actual maintenance of $2, 000. 91, resulting in an effective monthly maintenance of approximately $1, 818.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$635,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $508,000 | $508,000 | $508,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,087 | $3,208 | $4,218 |
| Total Monthly Payment | $3,179 | $3,300 | $4,310 |
* 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.