Corner Classic Candela 7-Room Apartment with Direct Park and River Views! This spacious apartment features 3 large bedrooms, 3 bathrooms (plus a staff room), a formal dining room, and an expansive eat-in kitchen.
Enter into a sunlit living room with unobstructed views of Carl Schurz Park and the East River. Located at the corner of Gracie Square, the apartment enjoys a bright, open, and tranquil atmosphere due to its position near the park and East End Avenue. The oversized living room boasts a wood-burning fireplace and original hardwood floors throughout. Adjacent to the foyer/gallery, you'll find a formal dining room.
The bedroom wing includes a bright primary corner bedroom with three large windows showcasing north and west exposures and direct park views, along with an en suite windowed bathroom. Down the hall, two additional spacious bedrooms overlook East End Avenue and share a windowed bathroom.
The expansive eat-in kitchen (18'7 16'3) can accommodate a large table for six or more. There's also a laundry room with a vented washer/dryer and sink. A staff room with its own full bathroom is conveniently located off the kitchen. The apartment features high ceilings and a wealth of original prewar architectural details.
Bring your architect!
Built in 1929 by Rosario Candela, this intimate full-service prewar building offers beautiful living directly across from Carl Schurz Park. Amenities include a full-time doorman and a live-in resident manager. 1 Gracie Square allows 50% financing, has a 3% flip tax, and comes with a storage bin. Pets are welcome!
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Our Executive Mortgage Banker:
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$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,044 | $12,152 | $16,475 |
Total Monthly Payment | $11,169 | $12,277 | $16,600 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.