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Welcome to 385 1st Ave. This pristine home is everything you’ve been looking for in a 1 bedroom in Gramercy. From the moment you enter, you are struck by the apartments sun-lit southeastern dual exposures in the living room and the view of the East River. This home is spacious throughout with an open kitchen and living room layout ideal for entertaining. The kitchen’s custom glossy white lacquer cabinetry, Sub-Zero refrigerator and Bosch cooktop, stove and dishwasher make spending time in the kitchen a delight. The large, sunny bedroom comfortably fits a queen sized bed and boasts a wall of closets for storage. The bathroom features Grey Fume marble floors, a custom-designed vanity and polished nickel fixtures. Additional apartment features include 5” wide oak flooring and a GE washer and vented dryer and storage unit. Gramercy is a vibrant neighborhood with top-tier restaurants, bars and endless shopping right outside your door. The East River Greenway jogging path is steps away and the East Village and Madison Square park are nearby. Building amenities include a 24 hour attended lobby, live-in Resident Manager, fitness center, resident lounge, private storage and a landscaped and full furnished rooftop terrace.
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:
$1,160,700
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 | $928,560 | $928,560 | $928,560 |
| 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 | $1,350 | $1,350 | $1,350 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,200 | $5,642 | $7,773 |
| Total Monthly Payment | $6,675 | $7,117 | $9,248 |
* 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.