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BRING YOUR CONTRACTOR!!! Shown by appointment ONLY Nestled on a picturesque, tree-lined block in Gramercy Park, this convertible studio presents a fantastic opportunity to create your ideal home. With a smart layout, generous storage, and tranquil garden-facing views, the apartment offers both functionality and potential. Upon entry, you’re welcomed into a spacious main living area that easily accommodates both a comfortable seating arrangement and a dedicated dining space. Large rear-facing windows invite in consistent natural light while maintaining a quiet, private ambiance. The kitchen offers a strong footprint with ample workspace and significant potential for customization. Please note that the gas line is currently capped, and the owner is using a hot plate, presenting an opportunity for the next owner to reimagine and upgrade the space to their needs. Storage is a standout feature, with multiple built-ins and two generously sized closets thoughtfully positioned between the sleeping area and bathroom, maximizing both convenience and efficiency. This full-service cooperative offers a 24-hour doorman, live-in superintendent, laundry facilities, bike storage, garage, gym, and a beautifully landscaped rooftop deck with sweeping city views. Whole Foods, Trader Joe's, Union Square Farmer's Market, and some of the city's best shopping and dining are located nearby. Every major subway line, including the 4/5/6, N/Q/R, and L trains, service the surrounding area. The building allows co-purchasers, guarantors, part-time residences, buying in a trust (with approval), and pets. Washer/dryers are permitted with board approval.
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:
$529,000
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 |
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|---|---|---|---|
| Loan Amount | $423,200 | $423,200 | $423,200 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,606 | $2,672 | $3,514 |
| Total Monthly Payment | $2,698 | $2,764 | $3,606 |
* 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.