311 East 25th Street, #1G, New York (Kips Bay), NY, 10010 | $325,000

This idyllic and gracious Studio is situated on a picturesque tree-lined street in a prime Gramercy Park location at the beautifully maintained 311 East 25th Street Cooperative. This building is perfect for investors as it allows unlimited subletting from day 1.

The Apartment
As you enter this versatile home, a gracious and long foyer featuring two large closets for all of your storage needs will welcome you. The bathroom has been tastefully updated with a new vanity and lights, and the windowed kitchen is well appointed with stainless steel appliances and a plethora of custom cabinet storage. The Studio, featuring two large south facing windows, is spacious enough to seamlessly create a natural division of living, sleeping and dining/work from home areas.

The Cooperative
311 East 25th Street is a beautifully maintained Gramercy Park lifestyle offering a voice intercom security system, onsite resident manager, gracious lobby and elevator. Additional flexible policies include unlimited subletting from day 1 as well as pied-a-terres, co-purchasers, guarantors, parents buying for children and pets allowed, subject to Board approval.

The Neighborhood
This central location offers the pulse of Gramercy Park at your fingertips, highlighted by the plethora of local and established restaurants, lounges and quaint tree-lined streets with all the best conveniences within a short distance - Grand Central, the Midtown Tunnel, Madison Square Park, Gramercy Park, Stuyvesant Square Park, Eataly, Whole Foods, Trader Joe's, Fairway, Target, AMC's Kips Bay Movie Theater, NYU Langone and more. Incredible fitness options nearby include Equinox a couple blocks away in addition to Chelsea Piers' highly anticipated new Flatiron Location opening soon on 23rd & Park, and the established Barry's Boot Camp on 27th & Park.

Transportation
311 East 25th Street benefits from being down the block from two 6 train Stations on 28th & Park and 23rd & Park, which takes you to Grand Central's transportation hub with its massive transportation options (4, 5, 6, 7, S) in just a couple short stops. Additionally, the cross town select buses on 23rd Street and 34th Street, as well as the M15 bus route uptown and downtown on 1st Avenue and 2nd Avenue, ensure easy access throughout Manhattan.

All measurements and square footages are approximate and all information should be confirmed by customer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Laundry Room;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Liberty, The
  • Year Built: 1930
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: RPLU63223087763
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /prop/RPLU63223087763/311east25thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens Residential Sales LLC

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

311 East 25th Street, #1G, New York (Kips Bay), NY, 10010

$325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,580 $1,580 $2,055
Total Monthly Payment $1,655 $1,655 $2,130

* 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.