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Don’t miss the opportunity to own a sprawling three-bedroom home — a rare combination of space, value, and location in the heart of Gramercy. Residence 2FG at the Quaker Ridge offers an exceptionally flexible layout designed for modern living. Warmth greets you upon entry through an inviting foyer that naturally transitions into a home office area and cozy den, creating distinct yet connected spaces ideal for working or studying from home. The oversized living and dining room serves as the heart of the home, filled with both direct and indirect southwestern light throughout the day, creating a bright and welcoming atmosphere while maintaining a peaceful, pin-drop quiet environment. Beautiful wood floors, large windows, and abundant storage enhance comfort and livability throughout. The large galley kitchen is thoughtfully designed with stainless steel appliances, granite countertops, a glass tile backsplash, and custom cabinetry. Two generously sized primary bedrooms easily accommodate king-sized beds, offering exceptional proportions rarely found at this price point. The primary bathroom features Italian tile walls and floors along with a walk-in shower. A charming converted third bedroom, located just off the great room, includes its own ensuite bathroom, providing flexibility for guests, a nursery, or additional workspace. As a combined residence, the layout also presents a rare opportunity for in-unit laundry; the cooperative permits the installation of a washer and dryer within the existing walk-in closet, subject to board review and approval — a valuable upgrade option for future owners. There’s plenty to love about Quaker Ridge, a revered postwar co-op known for its excellent financials and low maintenance. Residents enjoy full-time doorman service, a live-in superintendent, modern laundry facilities, private storage, bike storage, and a residents-only parking garage with direct building access. Quaker Ridge allows co-purchasing and pets but does not permit guarantors or pieds-à-terre. Located in the heart of Gramercy — just moments from Union Square, the Flatiron District, and NoMad — you are surrounded by some of Manhattan’s best shopping, dining, and green space. Union Square and Madison Square Park offer greenmarkets, dog runs, and year-round events just blocks away, while nearby Whole Foods, Trader Joe’s, Eataly, and numerous Michelin-starred restaurants make everyday living exceptionally convenient. Transportation is seamless with access to the 4/5/6, N/Q/R/W, and L trains, multiple bus lines, and CitiBike stations nearby.
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:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,046 | $7,650 | $10,596 |
| Total Monthly Payment | $7,171 | $7,775 | $10,721 |
* 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.