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Perched at the iconic intersection of Park Avenue South and 18th Street, this sprawling corner residence represents the pinnacle of authentic Manhattan loft living, offered for the first time in over four decades. Positioned at the vibrant crossroads of Gramercy and Flatiron neighborhoods, the home is enveloped by nearly eighty linear feet of continuous window walls, where nine oversized windows bathe the space in natural light and frame the energy of the city below. Currently configured as a palatial one-bedroom, two-bathroom sanctuary, the loft has been meticulously refreshed and is ready for immediate residency, presenting a sophisticated, gallery-like atmosphere defined by dramatic eleven-and-a-half-foot ceilings and original restored maple hardwood floors.
While the residence is move-in ready and celebrates a timeless modernist soul, its true allure lies in a scale and volume that invite effortless personalization. The massive open-concept floor plan allows for the seamless addition of a second bedroom with the simple placement of a single wall, maintaining the home's airy, expansive feel. For the visionary occupant, this space offers the rare plumbing and structural capacity to eventually evolve into a bespoke three-bedroom, three-bathroom masterpiece.
Designed for modern comfort, the home provides a clear path for essential lifestyle enhancements that can be easily executed while in residence, including the board-approved process for installation of central air conditioning and the replacement of windows. Residents of this meticulously maintained boutique cooperative enjoy a suite of rare conveniences, from dedicated storage and complimentary laundry on every floor to a beautifully landscaped and furnished common roof terrace perfect for relaxing or entertaining. With low maintenance, no active assessments, and a progressive board that welcomes pied-à-terre, LLC and trust ownership, 222 Park Avenue South remains one of the most stable and coveted investment opportunities in the neighborhood-a perfect foundation for a buyer to live comfortably today while envisioning a grand architectural future.
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.
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Our Executive Mortgage Banker:
$2,695,000
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 | $2,156,000 | $2,156,000 | $2,156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,242 | $13,100 | $18,194 |
| Total Monthly Payment | $12,367 | $13,225 | $18,319 |
* 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.