Gorgeous recently renovated 1 bedroom apartment in the heart of Chelsea on West 16th Street. The apartment features stained wood floors, 14 foot ceilings, spacious living room with 2 large windows, great light, decorative fireplace and good closet space. New eat in kitchen with stainless steel appliances including dishwasher and microwave. Bedroom fits a queen sized bed and has a built in closet.
All this in a great location in a well maintained pet friendly building within a block and half to Union Square, short walk to several subway lines and two blocks from the West Village, amazing shops and restaurants all around.
Chelsea extends from 14th Street to 29th Street, west of Sixth Avenue (Avenue of the Americas) to the Hudson River. Chelsea is located near the garment district and is in the midst of the flower district. Apartments in this neighborhood are comprised of many walk-up buildings, lovely brownstones, and loft-style structures. Many new stores have opened up along Sixth Avenue and an impressive assortment of restaurants can now be found on Eighth Avenue. The area is home to the Joyce Theater and many other noteworthy art galleries located on the westernmost blocks of the neighborhood.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more