New York (Gramercy Park), NY, 10003 | $9,345,000

IMMEDIATE OCCUPANCY.
The Penthouse at Gramercy Square's Boutique Building presents a striking 4-bedroom, 4. 5-bathroom residence, complete with a rooftop entertainment room. Spanning 3, 777 interior square feet, this duplex includes 2, 562 square feet of panoramic private outdoor space.

Upon stepping out of the elevators, you're welcomed by a sunlit landing with garden views, leading seamlessly into the expansive 40 x 20 ft great room with open kitchen, and adjacent library/guest-suite. The open kitchen showcases custom-designed cabinetry and honed Carrara marble countertops, complemented by appliances from Wolf, Bosch, and Sub-Zero, including integrated wine storage. The primary suite boasts two walk-in closets and an en-suite five-fixture master bath with radiant-heated marble floors, a soaking tub, and glass-enclosed shower.

Outside, the private roof terrace, envisioned by renowned landscape architect M. Paul Friedberg & Partners, features an ipe wood deck connected by a stepping stone path, surrounded by green roof plantings and a built-in lounge area. An outdoor kitchen with a gas BBQ grill and wet bar opens to a trellised dining area, while two additional balconies on the main floor offer added charm.

The roof terrace also hosts a glass-enclosed "bonus room", perfect for an office, media room, or game room-an entertainer's haven. With three exposures and exceptional indoor/outdoor entertaining space, this dramatic full-floor duplex residence is perfectly complemented by its modern palette of finishes.

This residence boasts a multi-zone HVAC system, pre-wired electrical for automated shades, and recessed LED lighting. A dedicated laundry room includes a side-by-side LG washer and externally vented dryer.

Situated at 220 East 20th Street, within Gramercy Square, this classic boutique condominium stands as one of eight residences, offering the rare fusion of prewar allure with modern amenities.

Amenities in the 18, 000-square-foot Gramercy Club include a 75' foot lap pool, fitness center, sauna/steam rooms, yoga studio, children's playroom, lounge, residents' club room, screening room, and golf simulator. Private storage and valet parking options are available for purchase (subject to availability).


Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing.

Equal Housing Opportunity. The complete offering terms are in an Offering Plan available from Sponsor. File No. CD14-0390. CabGram Developer, LLC. 4611 12th Avenue, Suite 1L. Brooklyn, NY 11219. The artist representations and interior decorations, finishes, appliances, and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan.

Features

  • Town: New York
  • Amenities: Sauna
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Units: 8
  • Laundry: Building Other,Washer Hookup,In Unit
  • Year Built: 1920
  • Cooling: Central Air
  • Basement: Other
  • Approx Sq. Feet: 3,777
  • HOA Fee: $7,048 Monthly
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-5123058579
  • Days on Market: 157 days
  • Website: https://www.raveis.com
    /prop/RPLU-5123058579/220e20thstreet_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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New York (Gramercy Park), NY, 10003

$9,345,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $7,476,000 $7,476,000 $7,476,000
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 $42,448 $46,641 $62,583
Total Monthly Payment $42,573 $46,766 $62,708

* 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.