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IMMEDIATE OCCUPANCY.
The Modern at 230 East 20th Street presents a curated collection of 37 one- to four-bedroom residences. Distinguished by its richly hued facade and the most contemporary interiors within the Gramercy Square enclave, The Modern is defined by clean lines, efficient layouts, and a light-filled palette of refined finishes.
Located on the fourth floor, this thoughtfully designed split two-bedroom home enjoys abundant natural light through expansive floor-to-ceiling windows with southern exposure overlooking the gardens. Solid white oak flooring runs throughout, adding warmth and sophistication.
The Italian-crafted kitchen by Minimal blends white oak and white lacquer cabinetry with a polished glass countertop and backsplash. Premium appliances include an integrated Sub-Zero refrigerator, Wolf oven and microwave, and Bosch dishwasher.
The gracious primary suite features a spa-like en-suite bath clad in Bianco Dolomiti marble with radiant heated floors. A custom dual-sink vanity provides exceptional storage, complemented by Kohler sinks and Lefroy Brooks fixtures. A separate utility closet houses a GE washer and dryer, along with central HVAC.
Residents enjoy access to 20, 000 square feet of serene private gardens, designed by the acclaimed M. Paul Friedberg & Partners. These lush green spaces include multi-tiered courtyard gardens, shaded walkways, and expansive rooftop terraces-a rare oasis in the heart of the city.
The exclusive residents" club, spans 18, 000 square feet and offers an array of wellness and lifestyle amenities, including a 75-foot lap pool, state-of-the-art fitness center, sauna and steam rooms, yoga studio, children's playroom, lounge and screening room.
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.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.133% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,712 | $9,593 | $13,394 |
| Total Monthly Payment | $8,837 | $9,718 | $13,519 |
* 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.