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Presented by
Linda Barnds |
IMPROVED PRICE!
A bright south-facing studio with a spacious, flexible layout in the heart of Gramercy. Nestled within the well-maintained Gramercy Arms cooperative, this beautifully renovated residence sits moments from the historic charm of Irving Place, Gramercy Park, Stuyvesant Park, and the vibrant energy of Union Square.
Apartment 2D offers an inviting and efficient layout with distinct living and sleeping areas, making the home feel larger than a traditional studio. The residence features brand-new white oak hardwood floors, a thoughtfully designed kitchen, generous closet space, and serene treetop views. South-facing windows fill the home with natural light throughout the day, creating a warm and welcoming atmosphere - ideal as a full-time residence or elegant pied-à-terre.
Gramercy Arms is a full-service elevator cooperative offering a wide range of amenities including a 24-hour doorman, on-site superintendent, porter and maintenance staff, laundry facilities, bike storage, and private storage. On-site attended parking with direct building access is available for an additional fee, and a Citibike station is conveniently located nearby.
The building is ideally positioned near Whole Foods, Trader Joe's, and the Union Square Greenmarket, along with some of downtown Manhattan's best dining, shopping, and cultural destinations throughout Gramercy, Union Square, Greenwich Village, the East Village, and the Bowery.
Transit access is effortless via the N/Q/R/W, L, and 4/5/6 subway lines, placing the rest of Manhattan within easy reach.
Co-purchasing and pied-à-terre ownership are permitted. A temporary capital assessment of $190 /month is currently in place for approximately 24 months.
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:
$475,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 516.383.2061
Linda.Barnds@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 | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,340 | $2,399 | $3,156 |
| Total Monthly Payment | $2,415 | $2,474 | $3,231 |
* 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.