KEY TO THE PARK! Exquisite Pre-War 3 Bed - 2 Bath apartment with southern views and 4 fireplaces! This distinctive three bedroom / two bath residence has 12 windows with 8 of them facing south. The expansive 32-foot long living room / dining area is ideal for entertaining and perfect for gracious living. Exquisite period detailing, high ceilings, beautiful wood floors and light pouring in from southern exposures, give the space a sense of grandeur. The living room and dining room each feature original fireplaces and tiled hearths (now decorative). The inviting kitchen is reminiscent of a country home with beautiful tall cabinetry and wooden floors. There is Sub Zero refrigerator, a Viking dishwasher and the hooded Viking range vents out. Off the kitchen is a utility room with a washer/ dryer that also vents out. This room could be used as a small office, a breakfast nook or a den. A stately hallway with its high ceilings, impressive old-world detailing and classical chandeliers, has interesting nooks to keep your books and display your treasures. There are two large bedrooms with fine built-ins and tall south facing windows. The primary bedroom has an original fireplace that is now decorative. The third bedroom, with decorative fireplace, is presented as a sitting room with a Murphy bed and storage unit built in. As an alternate concept, the primary bedroom wall could be opened and part of the hall could be incorporated to make a wonderful primary bedroom suite with sitting room and private bathroom. The Waterworks bathroom has a beautiful and rare Azul Bahia granite counter. There is a newly renovated spa -like en-suite bathroom off the third bedroom. This apartment is elegant yet comfortable and best of all, it is move in ready! The Gramercy is a landmarked building with a beautifully preserved lobby featuring a Tiffany glass ceiling, stunning Grueby and Minton tiles, original fireplace, hearth and mantel mirror. It features a 24- hour doorman, resident Super and full staff. There is a package room, central laundry, bike room and private storage is included. This red brick Queen Anne style building built in 1883 is the first co-op building in New York City and home to many famous people, past and present, including James Cagney and Margaret Hamilton, the Wicked Witch of the West. 34 Gramercy Park East is one of the most sought after addresses in all of Manhattan and comes with a key to Gramercy Park, its only private park. Pied-a-terre allowed. Pet friendly. Financing 50%
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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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,793 | $14,948 | $20,381 |
Total Monthly Payment | $13,918 | $15,073 | $20,506 |
* 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.