140 Seventh Avenue, #5G, New York (Chelsea), NY, 10011 | $975,000

Space is the ultimate luxury, and this oversized one-bedroom condominium delivers it in abundance. Located in a full-service, 24-hour doorman condominium in the heart of Chelsea, the home offers an expansive living and dining room stretching nearly 29 feet in length, a scale rarely found in Chelsea one-bedroom condominiums. Large east-facing windows overlook Seventh Avenue, bringing sun-filled mornings and strong natural light throughout the day. The building's position along the broad avenue provides an open exposure uncommon in Chelsea, with sunlight, sky views, and a sense of openness rarely found among surrounding buildings.

The king-sized bedroom offers exceptional proportions and is complemented by abundant storage, including four closets throughout the home. Hardwood floors, stainless steel appliances, a gas range, dishwasher, and excellent closet space complete this highly functional residence.

Equally compelling is the flexibility this property offers. The apartment may be delivered vacant for an owner seeking a primary residence, pied-à-terre, or second home. Alternatively, purchasers may choose to retain the current tenants and benefit from the home's proven rental history and immediate rental income.

A private deeded parking space is also available for purchase for an additional $75, 000. Located within the building's secure basement garage, ownership and rental of spaces are restricted to building residents. With key-controlled access and an assigned space, it offers one of Manhattan's rarest conveniences: private parking directly within your own building.

Chadwin House offers a 24-hour doorman, live-in superintendent, elevator service, laundry facilities, private storage, an on-site garage, and a pet-friendly ownership policy that welcomes dogs of all sizes. Outside the front door, some of Chelsea's most beloved destinations are just moments away, including Cafeteria, Le Zie, Momoya, Portale, Chelsea Market, Whole Foods, Trader Joe's, Eataly, and the High Line. The West Village, Flatiron District, West Chelsea, Union Square, and Meatpacking District are all nearby, placing an extraordinary collection of restaurants, shopping, galleries, nightlife, and cultural attractions within easy reach. Whether on foot or by car, few Manhattan locations offer this combination of convenience and accessibility, with many of the city's most desirable neighborhoods and destinations just minutes away.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 7
  • Amenities: Bike Room; Garage; Courtyard; Laundry Room; Private Storage For Fee;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: InBasement
  • Complex: Chadwin House
  • Year Built: 1963
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: RLS20096997
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /prop/RLS20096997/140seventhavenue_newyork_ny?source=qrflyer
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 Bank Neary Inc

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NMLS Mortgage Loan Originator ID 1880936

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140 Seventh Avenue, #5G, New York (Chelsea), NY, 10011

$975,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.223% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,368 $4,739 $6,530
Total Monthly Payment $4,460 $4,831 $6,622

* 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.