Indulge in generous living spaces and abundant storage in this exceptional Jumbo Alcove Studio, one-bathroom residence located in one of New York City's most desirable neighborhoods. Step into the expansive great room of this thoughtfully designed home, offering ample space for comfortable living and dining areas. Sunlight streams through the large east-facing window, creating a bright and airy ambiance. The large kitchen boasts full-sized appliances, including a gas stove and dishwasher, alongside generous counter space and many cabinets. The King Size bed alcove leads to a charming dressing area, complete with spacious closets. Adjacent to the bedroom, you'll discover the updated bathroom adorned with elegant marble, featuring a full bathtub and a classic sink. Hardwood floors grace the entirety of this residence, while additional closets line the entryway. Gramercy Park Towers stands as a distinguished post-war luxury cooperative building, offering an array of upscale amenities. Residents benefit from a 24-hour doorman and concierge services, a state-of-the-art fitness center, a serene Zen garden, convenient on-site parking, and bicycle storage. Immerse yourself in breathtaking 360-degree views of Manhattan from the stunning roof deck, and relish in the vibrant downtown lifestyle just beyond your doorstep. With immediate proximity to Union Square and the Flatiron District, an array of exceptional restaurants, shopping destinations, entertainment venues, and cultural experiences are readily accessible. Union Square also serves as a transportation hub, granting effortless access to the N/Q/R, 4/5/6, and L subway lines, allowing you to explore the entirety of New York City with ease. The maintenance fee covers all utilities, ensuring a hassle-free living experience. Regrettably, dogs and pieds-a-terre are not permitted in this building. Immerse yourself in the epitome of sophisticated urban living-schedule a viewing today and discover the perfect home in Gramercy Park Towers.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,196 | $3,196 | $3,196 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $21 | $21 | $27 |
Total Monthly Payment | $96 | $96 | $102 |
* 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.