Experience the epitome of Manhattan living in this stunning Gramercy Park penthouse condominium. Nestled in one of the most prestigious buildings along Gramercy Park, this luxurious duplex residence is the definition of urban sophistication. With over 6, 300 square feet of interior space and an additional 1, 900 square feet of private outdoor space, this trophy penthouse features five bedrooms, five full bathrooms, two half bathrooms, four outdoor terraces, a plunge pool and hot tub, multiple living and entertaining areas, and an exclusive key to Gramercy Park.
Abundant natural light, grand proportions and breathtaking city views greet you upon entering from your own private keyed elevator. The foyer seamlessly transitions into the expansive living room with views overlooking Gramercy Park. The adjacent windowed formal dining room and library provide ideal spaces for entertaining. A sunny eat-in kitchen boasts elegant hand-painted cabinetry, a Wolf oven and range, a Miele dishwasher, and two Sub-Zero refrigerators. A staff room or office with a full en-suite bathroom is conveniently located behind the kitchen. Three additional bedrooms, each with en-suite marble bathrooms, and a walk-in laundry room with a side-by-side washer and dryer and sink complete the lower floor of this exceptional residence.
The sprawling upper level, accessed by a beautiful central staircase or elevator, features an elegant sitting room with a gas fireplace and a wraparound terrace offering stunning views of Manhattan and Gramercy Park. A stylish half bathroom and a convenient wet bar, complete with a sink, fridge, and dishwasher, are adjacent to the east terrace, where you can enjoy your private plunge pool high above the city.
The primary suite is a tranquil retreat from the bustling city, with abundant natural light, an oversized walk-in closet, and an elegant marble bathroom featuring heated floors, a two-sink vanity, a free-standing cast iron tub, and a separate steam shower stall.
No detail was overlooked, and no expense was spared in the construction of this unique penthouse. Additional features include quarter-sawn white oak herringbone hardwood floors, polished marble windowsills, Lutron lighting, and multi-zone central heating and air conditioning.
18 Gramercy Park South, a Georgian Revival-style luxury condominium built in 1927, was meticulously reimagined by renowned architect Robert A. M. Stern and Zeckendorf Development in 2013. The building comprises 16 homes on 18 floors, offering first-class amenities including a full-time resident manager, 24-hour doorman, full-time concierge and porter staff, two roof terraces, a club room, and a spa and fitness center.
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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 | $28,800,000 | $28,800,000 | $28,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $163,523 | $177,327 | $239,158 |
Total Monthly Payment | $163,648 | $177,452 | $239,283 |
* 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.