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11 Gramercy Park South SINGLE FAMILY PROPOSED FLOORPLAN INCLUDED. Built in 1885 and embodying the style and sophistication the neighborhood is known for, the townhouse at 11 Gramercy Park South is a five-story, 27-foot-wide mansion. Currently housing three residences, its placement on the market represents a unique opportunity to create a truly exceptional single-family home of palatial proportions. As part of the exclusive Gramercy Park Trustees, 11 Gramercy Park South includes a set of coveted keys, granting access to one of Manhattan’s most distinguished and historic green spaces. Residence One Residence One is a triplex boasting stunning park views, expansive entertaining spaces, and three large bedrooms. Residence One includes the garden level, parlor level, and the private quarters: I. Garden Level Opening onto a private patio and garden, the expansive eat-in chef’s kitchen is equipped with a suite of appliances by Viking, Sub-Zero, and Miele, as well as an abundance of storage space. Adjacent to the kitchen are staff quarters, including a full bathroom and a laundry room with washer and dryer, rounding out the garden level. Just beyond the laundry area is a small back room—originally designed as a staff room and later utilized as a private home gym—offering additional flexibility and function to the space. II. Parlor Level The grand staircase ushers you to the parlor level, featuring stunning 14-foot ceiling heights. Wrapped in Louis XIV wood paneling with gorgeous inlaid wood flooring, the breathtaking living room boasts an original wood-burning fireplace and floor-to-ceiling windows overlooking the park. The dramatic dining room offers another wood-burning fireplace, an adjacent butler’s pantry, and garden views through exquisite French doors. III. Private Quarters Occupying the third floor and overlooking the park, the primary suite features a separate sitting room, an expansive dressing room/walk-in closet, and a sumptuous primary bath with dual sinks, a separate soaking tub, and a stall shower. Two additional bedrooms with garden views and ample closet space share a full bathroom, completing the third floor. Residences Two & Three Accessed via an internal staircase, these beautifully restored duplexes sit opposite one another on the top two floors of the townhouse. Each residence features three bedrooms, original 100-year-old hardwood floors, and an active wood-burning fireplace. The front apartment offers three bedrooms and two-and-a-half bathrooms, while the rear apartment provides three bedrooms and two full bathrooms. The first floor boasts a grandly scaled living/dining room with oversized windows, original crown moldings, and soaring 11-foot ceilings. Bright and modern, the kitchen overlooks the great room and is appointed with a suite of stainless-steel appliances, beautiful marble subway tiling, and a breakfast bar that comfortably seats four.
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.
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Our Executive Mortgage Banker:
$27,500,000
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 | $22,000,000 | $22,000,000 | $22,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $7,276 | $7,276 | $7,276 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $123,194 | $133,674 | $184,166 |
| Total Monthly Payment | $130,595 | $141,075 | $191,567 |
* 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.