Be the first one to live in this newly renovated huge, loft-like one bedroom with high ceilings and large picture windows at The Chelsea Mercantile 252 Seventh Ave 8S. Available for April 1, we are just putting the final touches on this gorgeous home- almost 1000 square feet- with new hard-wood blond oak flooring, fresh paint, and brand new kitchen and bath. The kitchen will showcase brand new custom oak cabinets and all stainless appliances from Fisher & Paykal with light grey granite counter tops. The bathroom has a similar light grey color scheme with custom tiling creating a spa-like experience with Bosch washer/dryer in the closet close by. Built in 1908, The Chelsea Mercantile is a luxurious pre-war building offering its residents the utmost of care and attention with full-time doorman, concierge, valet service, gym, playroom, and roof deck. Located in prime Chelsea, you are just seconds away from all your modern conveniences including a parking garage with access from the lobby. PHOTOS are pre-renovation and renovations are being completed now, available April 1 at 252 Seventh Ave #8S.
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