Does living in the sweet spot between Chelsea, the West Village and the Meatpacking District sound like your idea of perfection? Well, do we have a central Deal of the Week for you. 85 Eighth Avenue # 4R is an amazing Chelsea 1BR with lots of amenities (hello, nice balcony!) and a superstar location. And it is listed for a fraction of the price of nearby units.
The Price: $ 595,000
The average price request for an apartment in Chelsea is $ 1.9 million, according to the StreetEasy Data Dashboard. That puts our Agreement of the Week less than a third of the average price for the neighborhood.
Buyers who submit the minimum 20% down payment of $ 119,000 can expect monthly payments of $ 3,348. This includes a $ 2,027 mortgage payment and a $ 1,321 maintenance fee. By comparison, the monthly payments are just below the middle of the area to claim a rent of $ 3,450.
Why You Will Love It …
First! This Chelsea 1BR has its own balcony. The small but private outdoor space provides just enough space for a comfortable reading corner, a morning cafe or a container garden. Whatever you choose to do with it, one thing is for sure: At the age of COVID-19, having your own sunscreen is priceless.
The unit is recently renovated, with modern upgrades. Take for example the bathroom, made of white marble and gray slate. It exudes luxury, with a glass shower door, an extra wide sink and an adjoining wardrobe. And the kitchen, tucked away in a living room hiding place, has elegant cascading marble counters. It also has high-quality Bosch appliances, including a dishwasher. An elegant glass wall separates the bedroom from the living room, equipped with a full-length curtain for privacy. In addition there is an excellent function at home in the windows that are soundproofed to avoid noise from the busy street below.
Finally, let’s talk a place. This cooperative, the Thomas Eddy, is set in the dream of a downtown lover. It’s right next to Google’s headquarters, along the street of Chelsea Market, and a few blocks from the Whitney Museum. The High Line and the Hudson Park are also nearby, and you won’t miss a meal either. This place is certainly in the middle of the action.
… And Why You Can’t
This Chelsea 1BR has a few oddities, and the fridge is definitely one of them. The refrigerator seems to be located in the entrance instead of in the otherwise fancy kitchen. So you should get out of the kitchen to grab something from the fridge, which makes cooking quite awkward. In addition the glass wall of the bedroom does not have a door, which could certainly be a problem for some.