Experience unparalleled elegance in this impeccably designed 2, 139 square foot, 3-bedroom, 3. 5-bath condominium located in the vibrant heart of Flatiron. Bathed in natural light from expansive East-facing windows, the luxurious living room offers stunning views of Gramercy Park and boasts impressive 10' ceilings. This loft-like space is perfect for relaxation, dining, and entertaining. The open floor plan seamlessly connects the living area to the chef's kitchen, enhancing the sense of spaciousness and flow.
The open kitchen is a chef's dream, featuring top-of-the-line appliances: two Sub-Zero refrigerators, a Kuppersbusch oven, a Miele dishwasher, and a Viking wine cooler. Designed for functionality and style, this kitchen is ideal for both hosting guests and quiet nights at home.
The primary bedroom suite is a private retreat with beautiful South and West-facing windows, a grand walk-in closet, and a spa-quality, five-fixture bath with dual vanities and a freestanding claw-foot tub. The second and third bedrooms each feature en-suite bathrooms and ample closet space, with the third bedroom perfectly suited as a home office offering views of Gramercy Park. This smart home is equipped with a Control 1 system, built-in speakers, Nest dual-zone HVAC, and an in-unit washer and dryer. These features ensure modern luxury living, combining comfort and convenience with state-of-the-art technology.
Designed by the renowned Gwathmey Siegel, 240 Park Avenue South is a 17-story full-service luxury condominium built in 2007 and located at the nexus of Flatiron, Gramercy Park, and Union Square. Amenities include a 24-hour doorman and concierge, a fitness center, an outdoor basketball court, a sauna, a media room, a library, and a landscaped courtyard. Don't miss the chance to own this exceptional condominium in one of Manhattan's most sought-after neighborhoods. Combining sophistication, luxury, and a prime location, this unit epitomizes the best of New York City living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,199,200 | $3,199,200 | $3,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,416 | $20,221 | $26,997 |
Total Monthly Payment | $18,541 | $20,346 | $27,122 |
* 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.