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1 Irving Place, #U9H, New York (Gramercy Park), NY, 10003 | $799,000
Prime Studio Investment Opportunity on 14th street, Union Square.
Tenant in place until October 2025, rent: $3600 per month.
Low vacancy rate, contract signed on the second day.
No additional renovation is needed.
Motivated Seller.
Residence #U9H is a large move-in ready studio with a perfect layout. It offers a pleasant tree-lined view and an inviting living room with natural light from the oversized windows. The hardwood floors add warmth, and elegance to the space.
This renovated kitchen is equipped with a full suite of stainless steel appliances, including a Samsung dishwasher, and features modern cabinetry. The unit also includes a full bathroom with three large closets for ample storage.
Zeckendorf Towers is a full-service luxury condominium offering free premium amenities to the residents. These include a 60-foot swimming pool, a state-of-the-art health-club, 24-hour doorman, concierge services, and a sun-deck overseeing Union Square Park.
The prime location provides easy access to multiple transportation options (4/5/6/L/N/Q/R/W trains), and is conveniently located near top-tier supermarkets like Whole Foods and Trader Joe's.
There is an assessment of $72. 44, and $67. 54 for Fannie Mae.
Real estate taxes indicated reflect the primary residence abatement.
Contact the Exclusive Agent at Douglas Elliman to schedule an appointment!
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 27
- Amenities: Driveway; Garage; Courtyard; Health Club; Pool; Sauna; Steam Room; Laundry Room; Nursery; Party Room; Roof Deck; Common Storage;
- Rooms: 3
- Baths: 1 full
- Complex: Zeckendorf Towers
- Year Built: 1987
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Building Access : Elevator
- Health Club: Yes
- Service Level: Full Service
- LobbyAttendant: No
- OLR#: RPLU5123133579
- Days on Market: 81 days
- Website: https://www.raveis.com
/prop/RPLU5123133579/1irvingplace_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 Douglas Elliman Real Estate - Park Plaza
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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!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Irving Place, #U9H, New York (Gramercy Park), NY, 10003
$799,000
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 | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,437 |
| Total Monthly Payment | $4,452 | $4,340 | $5,529 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535