New York (Gramercy Park), NY, 10010 | $599,000

Welcome to Apartment 5G at 201 East 21st Street which presents a great opportunity to own a spacious and flexible home that can remain as an oversized alcove studio or easily be converted into a true 1-bedroom. Offering both comfort and versatility, this pin-drop quiet and sunny, east facing home is ideally located in the Quaker Ridge which is one of Gramercy’s most desirable buildings. The layout offers a generously sized living space with plenty of options for different living, dining and home office configurations. Currently designed as an alcove studio with a custom partition for the sleeping area, the space is enhanced by custom built-in cabinetry underneath the windows and can be seamlessly reimagined into a 1-bedroom layout if desired. The kitchen features stainless steel appliances, granite countertops, a tiled backsplash and excellent cabinet space, while the renovated bathroom includes contemporary subway tile, modern fixtures and a glass enclosed shower. Oversized windows fill the apartment with natural light throughout the day adding warmth plus the generous closet space ensures there is never a lack of storage. The Quaker Ridge, a classic white brick post war co-op, is known for its excellent financials, low monthly maintenance and prime location just steps from Gramercy Park. Residents enjoy full-time doorman service, a live-in superintendent, laundry, bike storage and a residents only parking garage with direct access to the building. Quaker Ridge allows co-purchasing and pets but does not permit guarantors or pieds-à-terre. Please note, there is a monthly energy charge of $153 in addition to the maintenance which adjusts quarterly. Located minutes from Union Square, the Flatiron District and NoMad, this home is at the epicenter of exciting Manhattan living with abundant shops, restaurants, services and outdoor space at every turn. Union Square and Madison Square Park put a dog park, greenmarkets and year-round events mere blocks away, and foodies will love the proximity to Whole Foods, Trader Joe's, Eataly and numerous Michelin-starred restaurants. Access to transportation is fantastic with 4/5/6, N/Q/R/W and L trains, excellent bus service and CitiBikes nearby.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 19
  • Rooms: 2
  • Baths: 1 full
  • Lot Size: 0.000000x0.000000
  • Laundry: Common On Floor,Common Area
  • Complex: Quaker Ridge
  • Year Built: 1962
  • Common Charge: $1,220 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: RLS20094079
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RLS20094079/201e21ststreet_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
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.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Gramercy Park), NY, 10010

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,870 $2,990 $3,947
Total Monthly Payment $2,962 $3,082 $4,039

* 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.