Luxury High Floor 2BR Condo More Photos Coming Soon… HIGH FLOOR Bright quiet East facing rare “winged” 2BR 2 full bath with Laundry. A Huge entry foyer(often used for home office area), XL dining area, 6 Large closets with new modern doors, renovated stainless kitchen with expanded open counter space, new hardwood flooring throughout and Open City and Skyline Views over Park Avenue South. The large primary bedroom has a beautifully renovated en suite bath w /Laundry, 2 “California” closets and New Hardwood flooring. This pristine property must be seen to be appreciated. AMENITIES: • 24 Hour D/M & Concierge • Rooftop Pool • Health Club • NEW Modern Sun Decks (N/S) • Bike Storage • Cage Storage(additional monthly fee) • Children’s Pay Area • Industrial Grade Laundry Facility • Pet Friendly • Investor Friendly THE BUILDING: For three decades Gramercy Place has proudly preserved its distinction as the neighborhood “Crown Jewel of luxury hi-rise condominiums. ” This postwar modern masterpiece soars 27 stories above the original New York Bank for Savings, built in 1894. The bank now serves as the well-appointed Teak and Marble Lobby with soaring ceilings and marble floors. Preserving one of the neighborhood’s most historic street corners, this luxury residence stands as a testament to its developers, proving that treasured architecture combined with modern amenities and white glove service will always flourish in Manhattan’s real estate market. GRAMERCY/FLATIRON Neighborhood: Located in the heart of New York City’s oldest residential neighborhood, on a pristine tree-lined block at the corner of Park Avenue South, Gramercy Place is Historic, Modern and Refined. The Neighborhood: Gramercy/Flatiron has long been established as one of the premier residential and cultural neighborhoods in NYC. Enjoy easy access to Eataly, Whole Foods & Trader Joes on Union Square or take advantage of the famed Farmer’s Market four days a week. Within just two blocks your dining choices are Gramercy Tavern, Oceans, Jua, Union Square Cafe, Coqodaq or Craft to name a few. Enjoy a Warhol exhibit at Fotografiska, tap into your creative side at the National Arts Club or stay outdoors for one of Madison Square Park’s notorious concerts, movies or art exhibits. Have a passion for fashion? Shop til you drop on 5th Ave at your favorite designer boutique and specialty shops. When you feel the need to explore, you’ll have every way to travel within a few steps including the 4-5-6, N/R/Q train, L train at Union Square 2 stops to Meat Packing District or 3 stops to Williamsburg. Stay above ground and take the M23 Bus to the famous High-line Park, Little Island, Chelsea Piers or Hudson River Park. An unbeatable location of any downtown condominium in New York. Sorry No Flex Walls permitted Broker Fee Applies
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $6,800 | $6,800 | $6,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.297% | 5.597% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $43 | $41 | $55 |
Total Monthly Payment | $118 | $116 | $130 |
* 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.