New York (Gramercy Park), NY, 10003 | $675,000
High floor, corner unit with private balcony with city views and abundant light.
The spacious apartment is currently set up as a studio with separate sleeping area, but can be converted into a 1-bedroom if desired. The current bedroom setup has a built-in closet and window facing north. The bathroom was recently renovated with a standing shower tub.
By the entryway, there is ample closet space providing loads of storage. There is an office area near the entryway, which can also be used for dining or incorporated into the kitchen.
There's a 24 hour doorman concierge & a live-in super. The building also has a laundry room, a garage & bike room. Located 1 block away from Union Square, this professionally-managed co-op building is walking distance from many great restaurants, grocery stores like Trader Joe's and Whole Foods, and the Union Square Farmer's Market.
Pets & Sublets allowed (owner must reside in the apartment for at least 2 years & can sublet for 3 years out of a five year period), pied-a-terre, co-purchasing & gifts on a case by case basis.
Features
- Town: New York
- Cooling: Other
- Levels: 22
- Rooms: 3
- Baths: 1 full
- Laundry: Building Other
- Complex: Gramercy Spire
- Year Built: 1964
- Common Charge: $1,456 Monthly
- Approx Sq. Feet: 650
- View: City,River
- Pet Policy: Building Yes,Yes
- MLS#: RPLU-1032523203253
- Days on Market: 52 days
- Website: https://www.raveis.com
/prop/RPLU-1032523203253/142e16thstreet_newyork_ny?source=qrflyer
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 Serhant Phone: (646) 480-7665
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Gramercy Park), NY, 10003
$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,630 |
| Total Monthly Payment | $3,776 | $3,681 | $4,722 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535