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Perched on the 17th floor of the highly regarded Gramercy25 (formerly Peter James) Building, Residence 17B is a sun drenched one bedroom, one-bathroom co-op offering sweeping southern exposures, open skies, and captivating skyline views in the heart of Kips Bay. From both the living room and bedroom, enjoy panoramic vistas of Manhattan's rooftops and endless sky by day, and the soft glow of city lights after dusk.
Upon entry, you're welcomed by an open kitchen thoughtfully designed for both function and entertaining. Polished granite countertops provide generous prep space, while a stone backsplash and stainless-steel appliances - including a Whirlpool refrigerator, Haier range and oven, Frigidaire microwave, and Bosch dishwasher - create a sleek, modern look. A convenient breakfast bar offers the perfect spot for morning coffee or casual dining.
The expansive living room is bathed in natural light from three oversized south facing windows, framing stunning city and sky views that can be enjoyed from the built-in banquette. With ample room for both a dining table and workspace, this inviting space easily adapts to entertaining, working from home, or quiet evenings in.
The generously proportioned bedroom easily accommodates a king size bed along with nightstands, a dresser, and desk. Two additional oversized windows flood the room with light and showcase open southern views - making mornings bright and evenings serene. Abundant closet space ensures effortless organization.
Hardwood floors and recessed lighting throughout add a refined finish, while two additional closets near the entry offer extra storage for coats, linens, and more - subtle conveniences that enhance everyday living.
Gramercy25 is a full-service cooperative featuring a 24-hour doorman, renovated lobby, laundry rooms on every other floor, bike room, and on-site garage (waitlist). A true highlight is the lushly landscaped rooftop deck, boasting breathtaking 360-degree views of New York City, including the Empire State and Chrysler Buildings.
Perfectly positioned moments from Madison Square Park and Gramercy Park, this prime location offers seamless access to some of Manhattan's best dining, shopping, and nightlife.
The building allows co purchasing, guarantors, pied à terre ownership, and subletting with board approval - providing flexibility for a variety of buyers.
Schedule a private showing today and experience this high floor view for yourself.
There is an assessment of $413. 43/mo until August 31, 2026.
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:
$725,000
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 |
|
|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,474 | $3,662 | $4,778 |
| Total Monthly Payment | $3,566 | $3,754 | $4,870 |
* 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.