Assuming a 30-year mortgage and the minimum down payment of 20% ($112,000), total monthly payments are estimated at about $3,184. This includes the mortgage payment ($2,199) and maintenance fee ($985).
The median asking price for 1-bedrooms in Chelsea is $1,050,000, putting this apartment’s pricing about $500K below the neighborhood median, and also well below the overall Manhattan median asking price of $850K.
There’s no getting around it, this apartment is not large. What it lacks in size it makes up for in style and location, though, with a gleaming kitchen, a gorgeously tiled bathroom and all the vibrance of Eighth Avenue’s bars, cafes and restaurants right at your doorstep. But we suspect what really makes this home the most popular sale for the week of December 9 is its prewar detail: It’s absolutely bursting with charm, from the window moldings to the baseboards to the show-stopping decorative fireplace. Who wouldn’t want to entertain in a living room like this?
Chelsea 1BRs Under $850K Article continues below
The home is listed by Jeremy Swillinger at Level Group.