Spacious Triplex Loft with Outdoor Oasis and endless Storage! This stunning triplex loft residence boasts a meticulous renovation, featuring elegant cherry hardwood floors, central A/C, and a built-in Bose audio system throughout. The kitchen is a chef's dream featuring a marble-topped center island, custom cherry wood cabinets, a Bertazzoni oven, Liebherr refrigerator, and a stylish tiled backsplash. The ceiling soars to an impressive 12'9", adding to the loft’s airy feel. The main level also includes the bathroom complete with a luxurious shower, designer tiles, and a slate floor. Upon entering the living room you’ll find a massive custom built walk-in closet, that can be used as an office or flex bedroom, which is one of four total closets throughout. Adjacent to the living room is your very own private patio perfect for entertaining or for quiet enjoyment. Underneath the living room level there is additional storage with two access points. Upstairs is the sleeping loft that comfortably accommodates a queen size bed with nearly 7’6” of overhead clearance. Another large closet is located on this loft level for added convenience. Wall-mounted televisions are pre-wired for additional convenience. Residents will have access to a 24-hour doorman, live-in super, and a beautifully landscaped 60 X 30 feet rooftop deck with breathtaking views of the Empire State Building and Chrysler Building. There is also a new additional ZEN rooftop terrace one flight up with views in all directions with additional space to relax in the fresh air and sunlight. The roof top can be used for entertaining, recreation and more! Additional amenities include bike storage, storage rooms and video security. The building also offers discounted parking in the garage below that can be accessed with a private elevator key. Washer/dryer units are located on both sides of each floor, ensuring a comfortable lifestyle. This property allows subletting, co-purchasing, parents buying and gifts. Pied-a-terre allowed on a case by case basis. Pets allowed. Penny Lane, originally home to the J. M. Horton Ice Cream Factory in the 1920s is a historic building ideally situated just minutes from Gramercy Park and the Flatiron District. Located in the highly sought-after Gramercy Park-Kips Bay area, this beautiful home immerses you in the vibrant energy of one of NYC’s liveliest neighborhoods. Within a stone’s throw, you’ll find a plethora of local businesses, restaurants, bars, cafes, supermarkets, and shopping options. Penny Lane is in close proximity to 4, 5 and 6, N/R trains and bus lines and quick access to FDR for travel in and out of the city.
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Our Executive Mortgage Banker:
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$735,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $588,000 | $588,000 | $588,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,011 | $3,908 | $5,002 |
Total Monthly Payment | $4,103 | $4,000 | $5,094 |
* 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.