Please contact the listing agents for the Digital Brochure featuring photos of this residence. History, elegance, and the conveniences of modern restoration converge in this magnificent two-bedroom, two-and-a-half-bathroom parlor-floor apartment facing Gramercy Park. Nestled in an 1840s Greek Revival red brick townhouse, the Parlor Residence at 3 Gramercy Park West is truly a unique opportunity to live amongst the most coveted addresses in New York City. Upon entry, the foyer extends to a sprawling central gallery which opens to an exceedingly grand living room, featuring dramatic 14-foot ceilings and oversized floor-to-ceiling French doors that open onto your private terrace, surrounded by intricate cast-iron lacework and directly facing the center of Gramercy Park. Much of the iconic architectural history has been carefully restored during the recent renovation led by renowned designers, including original wood-burning marble fireplaces, Corinthian pilasters, and the swirling arabesques of the ceiling in the kitchen. The sleek eat-in kitchen designed by Boffi features appliances by Gaggenau and Sub-Zero and is equipped with custom cabinetry. A long gallery hallway leads to the private sleeping quarters where the spacious and lavish primary suite boasts multiple exposures including a northern view of the Calvary – St. George’s Church on 21st Street and a garden view to the south. Complete with a luxuriously appointed bathroom and custom oversized closets, the suite delivers a splendid sanctuary from the city. The second bedroom is equally luxurious with gracious closet space and an en-suite bathroom with beautiful white and black tile flooring. Every possible convenience has been provided for including a state-of-the-art home automation system, built-in speakers wired throughout, as well as security system/cameras and central AC/heat. Additional features include an in-unit washer/dryer, herringbone pattern hardwood flooring, and flush doors throughout. Included with the sale is a coveted key to Gramercy Park, the only private park in Manhattan. Meticulously maintained, the park offers a tranquil retreat for strolling, relaxing, and admiring its historic sculptures. Considered to be one of New York City’s most romantic and revered neighborhoods, the charm of Gramercy Park extends beyond its gates with close proximity to cultural institutions such as the National Arts Club, and is surrounded by a vast variety of restaurants, shops, entertainment, and transportation. *Please kindly note, that the parlor residence is available for rent furnished or unfurnished. If you choose the furnished option, for an additional $4, 500/mo, your home will include art from well-known artists, your very own gallery, and custom furniture.
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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 | $17,600 | $17,600 | $17,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $110 | $107 | $73,187 |
Total Monthly Payment | $185 | $182 | $73,262 |
* 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.