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KEY TO THE PARK
High in the sky with sweeping views of Gramercy Park and beyond, this meticulously renovated classic 2 bedroom 2 bath offers its occupants Gramercy living at its best. Located in a Full service building, this expansive one-of-a-kind apartment was renovated to the highest standards.
Upon entering the foyer you are struck by the intimacy of the living/dining area with its two distinct seating areas and the open concept kitchen, which is perfect for entertaining or quiet evenings at home.
The living area is punctuated by a gel fueled fireplace, and the dining area has a built-in banquette. The kitchen, which opens seamlessly to the dining/living space, has custom cabinetry for plenty of storage, high end appliances plus a washer/dryer. Apartment 16BD is one of the few apartments with the convenience of a washer/dryer in the unit.
The two bedrooms are winged allowing for complete privacy.
The primary bedroom is enormous with a seating area and another gel fueled fireplace. There is a windowed en suite bath with double sinks and heated floor and towel rack.
The versatile second bedroom is spacious and is in close proximity to the 2nd windowed bath which also has heated floors.
Additional features include original hardwood floors, custom cabinetry and built-ins, Lutron-lighting throughout the apartment, remotely operated window shades, a Sonos system plus tons of closet space.
32 Gramercy Park South was built in 1956 and converted to coop in 1977. Residents enjoy a spectacular landscaped rooftop terrace with limitless views of the Empire State Building, the Chrysler Building, the Met Life Tower and beyond. A common courtyard is also available for tenants use as well as a garage on premises for convenience. There is a 24 hour doorman, a full staff, and a central laundry. Gramercy Park is a unique enclave and one of New York's most coveted neighborhoods offering its residents the best restaurants and shops along with close proximity to the Union Square greenmarket. This apartment comes with a key to the Park which is the only private park in Manhattan.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 347.223.0992
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 |
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Loan Amount | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,150 | $14,830 | $19,544 |
Total Monthly Payment | $13,275 | $14,955 | $19,669 |
* 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.