142 East 16th Street, #17E, New York (Gramercy Park), NY, 10003 | $699,000

Welcome to the iconic Gramercy Spire, located at 142 E 16th Street, apt 17E, New York, NY, 10003. This spacious 1 bedroom, 1 bathroom apartment is nestled on the 17th floor, boasting stunning Eastern views and an abundance of natural light.

The apartment retains its original charm with parquet floors and a vintage bathroom, while the kitchen has been modernized with new stainless steel appliances. Storage is plentiful, with four large closets available. The living room and bedroom are equipped with recently upgraded HVAC units for your comfort.

Step outside onto the large terrace, perfect for outdoor dining or relaxation. This prime location is just steps away from Union Square, Trader Joes, and a variety of subway lines. Every week, Union Square hosts a Farmer's Market, bringing fresh produce from across the Tri-State area.

The Gramercy Spire offers a full-time 24hr Doorman, Live-in Super, and porter, with additional amenities including bike storage, laundry facilities, and a garage for residents. The building is pet-friendly and allows subletting under specific conditions 3 out of 5 years after 2 years of ownership, Pied A Terres are permitted as well as Co-Purchasing.

Experience the charm and convenience of this residence. Contact us today for a private tour The Gramercy Spire is very Pet Friendly and allows subletting for

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 22
  • Amenities: Bike Room; Garage; Courtyard; Garden; Laundry Room; Common Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Gramercy Spire
  • Year Built: 1964
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122809790
  • Days on Market: 372 days
  • Website: https://www.raveis.com
    /prop/RPLU5122809790/142east16thstreet_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 - Park Plaza

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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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Our Insurance Division:

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142 East 16th Street, #17E, New York (Gramercy Park), NY, 10003

$699,000

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 $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,767 $3,717 $4,716
Total Monthly Payment $3,859 $3,809 $4,808

* 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.