Stylish Duplex Condo in Historic Gramercy Park with LOW MONTHLIES
Step into elegance in this stylish 2-bedroom, 1-bathroom duplex condo nestled in the heart of Gramercy Park. Built in 1902, this home seamlessly blends classic prewar charm with modern luxury. The moment you enter, you'll be captivated by the soaring 16-foot ceilings in the living room and primary bedroom, accentuated by dramatic 10 foot high casement windows that bathe the space in natural light. For the culinary enthusiast, the unusually spacious chef's kitchen is a dream come true. It boasts top-of-the-line appliances including a Viking stove, Sub-Zero refrigerator, and Bosch dishwasher, all complemented by sleek Poggenpohl cabinetry and black granite countertops.
Recent renovations elevate this home to new heights of comfort and style. The bathroom has been beautifully updated featuring a double shower and marble top vanity, and gleaming refinished hardwood floors run throughout. New HVAC units ensure year-round comfort, while a new Bosch washer and dryer add modern convenience. Both the living room and primary bedroom have custom cabinetry systems. The second bedroom located on the upper level of the duplex is sizable with ample closet space. Tech-savvy buyers will appreciate the custom audio system, video setup, and motorized shades, all controlled via the Savant App for effortless home management. With its prime Gramercy Park location, impeccable updates, and timeless architecture, this duplex condo offers a rare opportunity to own a piece of New York history reimagined for contemporary living.
Rutherford Place is a prewar landmarked 10-story, 126 unit condominium with a terracotta, brick and limestone facade, located at 305 Second Avenue, between 17th and 18th streets, alongside leafy Stuyvesant Square Park in Gramercy. The 1902 Beaux-Arts style building was once home to the city's largest maternity ward, having been gifted by J. P. Morgan. In the mid 80s, the building was a residential rental with celebrities including Tom Cruise and Mimi Rogers, Sean Combs, Judd Nelson and David Lee Roth. Today Rutherford Place is a full-service luxury building with a 24 hour doorman, laundry on every floor, on-site valet service, bike storage, fitness room and roof deck with dramatic downtown views. Enjoy downtown's finest restaurants Gramercy Tavern, Cosme and Union Square Cafe. Shop at Trader Joe's, Whole Foods and the fabulous Union Square Farmer's Market. A plethora of subway lines are accessible: 4/5/6/R/W/N/Q/L.
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William Raveis Mortgage, LLC
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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 | $1,276,000 | $1,276,000 | $1,276,000 |
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 | $7,345 | $8,065 | $10,768 |
Total Monthly Payment | $7,470 | $8,190 | $10,893 |
* 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.