220 East 20th Street, #MAIS1, New York (Gramercy Park), NY, 10003 | $5,910,000

IMMEDIATE OCCUPANCY.

Comprising just eight full-floor residences, 220 East 20th Street offers exceptionally discreet living within Gramercy Square. Featuring a mid-century modern facade and transitional interiors, The Boutique's design hallmarks include expansive three- and four-bedroom layouts boasting optimal separation of private and entertaining spaces, a warm contemporary palette of finishes, and multiple exposures to both the garden and streetscape.

The Maisonette offers a one-of-a-kind opportunity to enjoy intimate, townhouse-like living in a premier full-service luxury condominium replete with private gardens and amenities. Located on an elevated first floor, this 3, 163 square-foot duplex home features three graciously-scaled bedrooms, three-and-a-half baths and second lower-level living room overlooking one of the largest private residential parks located within Gramercy Square. The residence boasts loft-like 10'-6 foot ceilings with tree-lined views along both north and south exposures. Designed to maximize a sense of warmth and intimacy within a large plan, chevron patterned, walnut-toned flooring is rift and quartered oak throughout these homes. Italy-based Minimal kitchens pair white painted oak cabinetry with honed Calacatta marble countertops and backsplash.

Top-of-the-line appliances by Wolf, Sub-Zero, and Bosch include integrated 36-inch refrigerator, a combination gas, induction, and grill cooktop with vented hood, double wall ovens, warming drawer, microwave drawer, double integrated dishwashers, built-in coffee system and separate wet bar with wine refrigerator.

At the southwest corner of the residence, a spacious primary bedroom awaits alongside a generous dressing room and beautifully appointed five-fixture bathroom clad in Siberian Sunset marble with radiant heated floors, a custom double vanity featuring Lefroy Brooks fixtures, a glass-enclosed wet room with Waterworks tub, and a private water closet with a Toto commode. Two additional well-proportioned secondary bedrooms each offer en suite baths appointed in Winter Mist marble floors and featuring custom solid oak vanities topped in Calacatta marble with Lefroy Brooks polished nickel fixtures. A powder room with custom lacquer Ebony Macassar vanity and Calacatta marble as well as a utility closet with side-by-side LG washer and vented dryer complete this magnificent home.

Modern touches include multi-zone HVAC system for year-round temperature control, pre-wired electrical at all windows for automated shades, and recessed LED lighting. Gramercy Square includes 20, 000 square feet of tranquil, private green spaces designed by celebrated landscape architect M. Paul Friedberg & Partners. Landscape envelops the residences both on the ground and in the air, from multi-tiered courtyard gardens to shady walks to expansive rooftop terraces planted with trees and lawns-your own private garden in the heart of New York City.

Amenities in the 18, 000-square-foot Gramercy Club include a 75' foot lap pool, fitness center, sauna/steam rooms, yoga studio, children's play area, residents' club room, screening room, and golf simulator.

Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing.

Equal Housing Opportunity. The complete offering terms are in an Offering Plan available from Sponsor. File No. CD14-0390. CabGram Developer, LLC. 4611 12th Avenue, Suite 1L. Brooklyn, NY 11219. The artist representations and interior decorations, finishes, appliances, and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 8
  • Amenities: Garage; Courtyard; Garden; Health Club; Fitness Room; Exercise Studio; Pool; Sauna; Steam Room; Laundry Room; Nursery; Lounge; Party Room; Roof Deck; Private Storage For Fee; Wine Cellar;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: The Boutique at Gramercy Square
  • Year Built: 2016
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU514378100
  • Days on Market: 464 days
  • Website: https://www.raveis.com
    /prop/RPLU514378100/220east20thstreet_newyork_ny?source=qrflyer
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 Douglas Elliman Real Estate

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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220 East 20th Street, #MAIS1, New York (Gramercy Park), NY, 10003

$5,910,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $4,728,000 $4,728,000 $4,728,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,968 $29,884 $40,539
Total Monthly Payment $28,093 $30,009 $40,664

* 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.