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Welcome to 121 East 22nd Street, an architectural statement in the heart of Gramercy Park, where refined design meets downtown sophistication. Residence S501, offered as a first-time resale, is a rare and pristine two-bedroom, two-and-a-half-bath home that embodies understated luxury and effortless elegance.
A gracious entry unfolds into a beautifully proportioned living and dining space, defined by soaring 9'6" ceilings and dual northern and southern exposures. Oversized windows frame soft, ambient light throughout, complementing the wide-plank white oak floors and enhancing the home's serene, gallery-like ambiance. The south-facing living room and secondary bedroom overlook the charming, tree-lined streetscape of East 22nd Street, while the serene primary suite is privately positioned to the north, overlooking a landscaped courtyard. Floor-to-ceiling glass doors open to a private 52-square-foot terrace, offering a quiet and intimate outdoor retreat.
The bespoke kitchen is a study in modern refinement, appointed with Gaggenau appliances, polished quartz countertops, and striking acid-etched black glass cabinetry with custom millwork interiors-perfectly suited for both everyday living and elegant entertaining.
The primary bath is a sanctuary of indulgence, richly clad in Calacatta Paonazzo marble, with sculptural detailing, radiant heated floors, polished chrome fixtures, and a sleek glass-enclosed shower-evoking the experience of a private spa.
Every element of Residence S501 has been thoughtfully curated, including exceptional storage throughout, seamlessly supporting a sophisticated and design-forward lifestyle.
Residents of 121 East 22nd Street enjoy a suite of world-class amenities designed for comfort and distinction: a heated indoor pool, landscaped garden courtyard, expansive indoor/outdoor lounge, rooftop terrace with fire pit and grilling station, private dining room with catering kitchen, state-of-the-art fitness center, screening room, and playroom. The building also offers automated parking, bike and private storage, and a 24-hour attended lobby with full concierge service.
This is a rare opportunity to acquire a like-new, impeccably crafted residence in one of Gramercy's most coveted full-service condominiums-where privacy, design, and quiet luxury converge.
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:
$3,200,000
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 | $2,560,000 | $2,560,000 | $2,560,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,335 | $15,555 | $21,430 |
| Total Monthly Payment | $14,460 | $15,680 | $21,555 |
* 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.