New York (Gramercy Park), NY, 10003 | $3,350,000

Expansive scale and thoughtful design define Residence 14ABC at the Gramercy Spire, where the lobby and entrance are undergoing a full transformation.

The result of a full gut renovation, this four-bedroom, three-bath home has been reimagined to offer the proportions and flow of a suburban residence within a full-service building. Spanning over 2300 square feet, the home features a distinct separation of space, including a dedicated bedroom wing, a private den, a formal living room, home office, and a separate dining area designed for both everyday living and entertaining.

At the heart of the residence, a generously scaled chef's kitchen anchors the home and rivals the proportion of kitchen one would expect in a large country home. Outfitted with premium appliances, including a Sub-Zero refrigerator and freezer, Thermador cooktop, oven, and stove, and a Bosch dishwasher, the space is designed for both functionality and impact. Custom cabinetry and thoughtful finishes complement the home's aesthetic.

Triple exposures to the west, east, and north flood the residence with natural light throughout the day, while a private balcony offers a quiet outdoor retreat. A dedicated office doubles as a guest room, adding versatility to the layout. Storage has been carefully considered, with custom-sized closets throughout, all outfitted with organizing systems.

Additional upgrades include built-in Sonos speakers and curated window treatments, completing a home that balances comfort with elevated design.

The Gramercy Spire is a full-service post-war co-op offering a 24-hour doorman, live-in superintendent, central laundry, storage, an on-site garage, and a landscaped garden. Built in 1964 and converted in 1979, the building is pet-friendly and permits pied-à-terre ownership, co-purchasing, gifting, and subletting with board approval.

The surrounding neighborhood offers access to the Union Square Greenmarket, Trader Joe's, boutique fitness studios, and multiple subway lines (4/5/6, N/Q/R/W, and L), along with a vibrant mix of dining and nightlife, including ABC Kitchen, Friend of a Farmer, Pete's Tavern, The Stand NYC, and Caffè Panna.

Residence 14ABC represents a rare opportunity to own a sprawling home with exceptional functionality in one of downtown Manhattan's most connected locations.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 22
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Building Other
  • Complex: Gramercy Spire
  • Year Built: 1964
  • Common Charge: $5,291 Monthly
  • Approx Sq. Feet: 2,200
  • View: City
  • Pet Policy: Building Yes,No
  • Appliances: Dishwasher
  • MLS#: RLS20079699
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /prop/RLS20079699/142e16thstreet_newyork_ny?source=qrflyer
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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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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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New York (Gramercy Park), NY, 10003

$3,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

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 $2,680,000 $2,680,000 $2,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,217 $16,501 $22,615
Total Monthly Payment $15,342 $16,626 $22,740

* 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.