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Nestled in the heart of Gramercy, this dramatic two-bedroom, two-and-a-half-bathroom residence is a rare offering in one of the neighborhood's most coveted pre-war, full-service condominiums. Ideally positioned on Park Avenue South, this home overlooks Gramercy's most desirable block-21st Street-offering a refined living experience at the intersection of Gramercy and Flatiron.
A grand, wide foyer sets the tone for this sprawling, sleek residence in the sought-after "A-line. " The expansive living room stretches nearly 30 feet, accentuated by soaring 14-foot ceilings and deep-set windows that flood the home with natural light. Gleaming walnut-stained oak floors further enhance the space, while a smartly positioned powder room adds convenience. Designed for seamless entertaining, the open layout flows effortlessly from the spacious great room to an elegant dining area that accommodates four to six guests, culminating in a cozy library seating area.
The chic, Italian limestone-accented kitchen blends form and function, featuring floor-to-ceiling custom cabinetry and top-of-the-line appliances, including a vented Viking gas range, Sub-Zero refrigeration, and dedicated wine storage. Every detail of this home has been curated with sophistication, particularly the oversized primary suite. This serene retreat boasts separate his-and-her dressing areas and a custom-built mahogany walk-in closet. The spa-level primary bathroom is adorned with book-matched silver Travertine stone, Waterworks finishes, a Kohler deep soaking tub, and a separate rain shower.
Adding to the home's allure is a well-appointed powder room that doubles as a utility space, complete with a washer/dryer, custom cabinetry, and ample storage.
This is a rare opportunity to own a pre-war condominium in one of Gramercy's most beautifully reimagined luxury conversions. Residents enjoy white-glove concierge service, two meticulously landscaped rooftop terraces, a fitness room, private storage, a live-in superintendent, and a 24-hour doorman. Ideally located near major transportation, the Union Square farmers' market, and some of the city's finest dining destinations, this extraordinary residence embodies the best of downtown luxury living.
There is currently an assessment in effect until July 1st in the amount of $2, 335/month.
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William Raveis Mortgage, LLC
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Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,160,000 | $2,160,000 | $2,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.754% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,434 | $13,831 | $18,374 |
Total Monthly Payment | $12,559 | $13,956 | $18,499 |
* 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.