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Located in Gramercy Square, this one bedroom residence at The Modern is clean, bright, and thoughtfully laid out.
At approximately 802 square feet - the largest one bedroom with high ceilings in the building - the apartment enjoys great southern light through floor to ceiling windows with tranquil courtyard exposure. White oak floors run throughout, and electric blackout shades in both the living room and bedroom provide privacy and effortless light control. The overall feel is simple, modern, and easy to live in.
The open kitchen by Minimal features a mix of white oak and white lacquer cabinetry, paired with a polished glass countertop and backsplash. Top of the line appliances include an integrated SubZero refrigerator, Wolf microwave, and Bosch dishwasher.
The primary bedroom is quietly set apart, and the bathroom has been recently renovated with radiant heated floors and dual sinks. Additional features include a washer/dryer, central HVAC, and excellent storage.
Residents enjoy access to the Gramercy Club - over 18, 000 square feet of amenities including a gym, pool, spa, lounge, dining room, and playroom - all set amid beautifully landscaped private gardens. "
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:
$1,390,000
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 | $1,112,000 | $1,112,000 | $1,112,000 |
| 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 | $6,227 | $6,757 | $9,309 |
| Total Monthly Payment | $6,352 | $6,882 | $9,434 |
* 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.