The Park Gramercy. A 24-hour doorman Cond-op with Condo rules for subletting and purchasing.
Live on a Gramercy Park block in one of Manhattan's most esteemed neighborhoods. This expansive jumbo alcove studio, offers both spaciousness and functionality.
Upon entering, be greeted by an abundance of natural light, through oversized windows, framing tranquil treetop views. This alcove floorplan can serve as a secluded sleeping area, ensuring privacy without compromising the openness of the main living space.
Storage solutions abound, with two walk-in closets and a separate dressing area. The kitchen, boasting a deep and wide layout, invites endless customization for culinary exploration. Throughout, gleaming hardwood floors, creating an atmosphere that balances relaxation and sophistication - perfect for intimate evenings or lively gatherings with friends and family. If you want outdoor space, head up to the furnished and planted deck with stunning city views.
A wide range of purchase and ownership options available, including pied-a-terre, guarantors, investors, parents purchasing for employed or student children, trusts, corporate purchase and leasing are all allowed. Plus, with no minimum down payment requirements, seizing your piece of Gramercy Park has never been more accessible. No short term rentals allowed. Pets are allowed.
Discover the epitome of Manhattan living in this exceptional residence. Experience the perfect fusion of space, style, and convenience - all within reach in this
coveted Gramercy Park building.
Amenities include: 24 hour -time doorman, live-in resident
manager, roof deck, bicycle storage and central laundry in basement.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $4,217 | $4,213 | $5,408 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.