Total Est. Monthly Carrying Cost:
$18,607 ($13.29/ft2)
Note: the above is based on a down payment of 20% ($599,000),
which is the minimum amount permitted by the building.
Description
GREAT INVESTMENT OPPORTUNITY WITH 3.2% CAP RATE. BRAND NEW UNIT.
Thoughtfully designed in grand proportions, Penthouse Residence #7 at 231 West 26th Street is a full floor apartment with private elevator access, featuring two bedrooms, two bathrooms with 1,400 SF (130 m2) of thoughtfully-designed interior space and direct access to a private roof terrace spanning 760 SF (70 m2) with Ipe wood deck and outdoor kitchen equipped with a Master Forge gas grill, refrigerator and countertop with sink. Offering 10 ceilings, oversized black aluminum windows, tasteful 7 wide plank ash oak flooring, custom Italian doors with concealed hinges and magnetic latches, 8 tall baseboards and recessed LED lighting throughout.
The keyed elevator opens directly into the residence leading to the spacious and well-proportioned living/dining room, flooded with natural light from the south facing windows peering over treetops, offering the perfect space for entertaining.
Indulge in a meticulously designed open chefs kitchen with Quartzite countertops, Leicht custom stone oak cabinetry with LED lit self-closing drawers and white lacquer finish, Kohler sink with Hansgrohe fixtures and porcelain tiled floors and backsplash. Premium appliances include a Miele refrigerator and freezer, microwave, oven with warming pantry, as well as a Gaggenau wine cooler and Bosch 5-burner range with vented hood.
The spacious master bedroom features a large walk-in closet and two north facing windows. The impeccably designed master bathroom is clad in marble finishes, featuring Nu-Heat radiant floors, Trueform pre-cast concrete floating dual sink, Robern mirrored vanity with built-in electrical outlets, Toto toilet and glass enclosed stall shower with Toto fixtures.
The large second bedroom features a large closet and two north facing windows. The second full bathroom features marble finishes, Trueform pre-cast concrete floating sink, Robern mirrored vanity with built-in electrical outlets, Toto toilet and Duravit deep soaking tub. Additional residence features include in-unit washer/dryer, split zone LG HVAC system with Nest thermostats and Comelit intercom system with virtual doorman function.
231 West 26th Street is a boutique new development condominium building, centrally located in the heart of Chelsea in between 7th and 8th avenue, around the corner from Fashion Institute of Technology, The Museum at FIT, and Whole Foods Market.
Positioned between the High Line and Madison Square Park with an abundance of restaurants, shops and bars, and convenient to major Subways lines including the 1/C/E/F/M and LIRR. Building features include Doorman:24, a remote virtual doorman service available 24/7 and managed thru ActiveBuilding Mobile App, a chic lobby appointed with undulating porcelain walls, basement bicycle storage, package room and a common rooftop for residents. Pets Allowed.
The complete offering terms are in an offering plan available from the sponsor, File No. CD17-0127.
The artist and computer renderings, photographs, interior decorations finishes, fixtures, appliances and furnishings are provided for illustrative purposes. Sponsor makes no representation warranties except as may be set forth in the Offering Plan. Equal Housing Opportunity.
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