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Top floor penthouse oversized home lovingly renovated in one of Gramercy Park's premier buildings just across from the Gramercy Park Hotel. Incredibly spacious with hardwood floors, high beamed ceilings, and bright sunny exposures over the skies of this desirable neighborhood. Plenty of room in this spacious loft-like studio for queen or king-sized bed, plus full living and dining room setups. Windowed separate kitchen is smartly outfitted in classic stainless appliances including dishwasher and granite counter surfaces. Bath is cleanly modernized in handcrafted artisanal subway tile, rainshower, and new vanity, flooring, lighting and medicine cabinet. Separate dressing/make-up area and loads of closets. Through-wall AC. And even better, just one flight up to the building's magnificent rooftop terrace - perfect for unwinding on a late summer evening! The Park Gramercy is one of the neighborhood's finest addresses, and best of all functions **just like a condominium** with a very quick approval process and no restrictions on subleasing, guarantors, foreign or student purchasers or any other co-op hassles! Recently renovated lobby with full-time door staff. Live-in super. Bike Storage and Laundry Room. Maintenance includes all taxes and fees. Steps to Gramercy Park, all shopping and transit. This one won't last!
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.
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Our Executive Mortgage Banker:
$792,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $633,600 | $633,600 | $633,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,795 | $3,953 | $5,219 |
| Total Monthly Payment | $3,887 | $4,045 | $5,311 |
* 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.