Stunning Gramercy Park 2 Bed, 2 Bath Loft
Welcome to this beautifully renovated Gramercy Park loft, blending luxury and comfort with great light & views of the Empire State Building. This unique residence features soaring barrel-vaulted ceilings, rich hardwood flooring, and custom-crafted wood media cabinetry in the expansive living area. Enjoy surround sound speakers for an immersive experience and a dining area equipped with a custom wood credenza and wine cooler, perfect for entertaining.
The chef's kitchen is designed with elegance and function in mind, featuring gleaming granite countertops, top-of-the-line stainless steel appliances, a garbage disposal, and an in-unit washer/dryer!
Both bathrooms have been meticulously renovated. The master bathroom offers a glass-enclosed shower with a Grohe handheld showerhead, while the second bath invites relaxation with a deep soaking tub and a Toto bidet washlet. The spacious master bedroom includes a large walk-in closet, complemented by three additional closets and ample storage throughout. The second bedroom, ideal as a guest room or home office, provides flexibility for modern living.
This loft is located in the Foundry's 312 Loft Building, a well-managed 36-unit condop offering residents a stunning roof deck with panoramic city views. The building includes a live-in superintendent, two full-time porters, storage for rent, a bike room, and is pet-friendly. The Foundry allows unlimited subletting after 1 year of residency.
Nestled between the serene East River esplanade and the bustling Madison Square Park, this prime Gramercy location offers the best of both peaceful living and vibrant city life. Don't miss this rare opportunity to own a slice of loft living in one of Manhattan's most sought-after neighborhoods!
Please note there is a current assessment of $660. 70/month for Local Law 11 related work through Sept 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,169,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $935,200 | $935,200 | $935,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,310 | $5,834 | $7,829 |
Total Monthly Payment | $5,435 | $5,959 | $7,954 |
* 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.