This large renovated corner alcove/Jr. one bedroom at the Chelsea Lane is just one block from Union Square. Facing north with sky views overlooking a quiet courtyard, this is the perfect home for anyone looking for a beautiful space in a prime location. The newly sanded hardwood floors and freshly painted walls add a sophisticated touch along with all the modern finishes.
The chef's kitchen equipped with a Fisher Paykel stainless steel refrigerator, Stainless steel GE stove, microwave, and dishwasher makes entertaining easy. The textured stainless steel tiled backsplash complements the soft grey granite countertop that adds a clean contrast against the white cabinets, some with glass insets, and the textured porcelain wood-like tile floor. With plenty of storage in the kitchen, you'll have so much room left over you won't know what to do with all the extra space.
The bedroom area with a full closet is large enough for a queen-sized bed, nightstand, and dresser. The bathroom features tumbled marble tiles & white fixtures. A great feature of this corner unit is a window in the bathroom allowing for cross breeze ventilation on cool days. Newly updated electrical wiring allows for additional outlets to accommodate new modern appliances.
The Chelsea Lane is a full-service building, with 24/7 doorman known for low monthly maintenance charges. Pets are allowed with board approval. Pied-a-terre and guarantors are allowed. Subletting is allowed: you must own for 2 years before you can sublease for up to a total of 5 years, the years do not have to be consecutive. A new laundry system allows you to pick your washer and dryer via cell phone and alerts you when your laundry is completeâall achieved on the new My magic pass app.
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