IMMEDIATE OCCUPANCY.
Located at 230 East 20th Street, The Modern offers an exclusive selection of 37 one- to four-bedroom residences. With its richly-hued facade and contemporary interiors, The Modern stands out within the Gramercy Square enclave, featuring signature design elements and efficient layouts complemented by sleek lines and a luminous array of finishes.
This residence features a split two-bedroom layout with impressive floor-to-ceiling windows and solid white oak woodflooring throughout, boasting abundant natural light and southerly garden exposure. The Italy-based Minimal kitchens combine white oak and white lacquer cabinetry with polished glass countertops and backsplashes. Appliances include top-of-the-line options such as an integrated Sub-Zero refrigerator, Wolf oven, microwave, and Bosch dishwasher. The spacious Primary Bedroom features a luxurious en suite bath with Bianco Dolomiti white marble-clad walls, a custom vanity with exceptional storage, dual Kohler sinks, and Lefroy Brooks fixtures. Additionally, a large walk-in closet provides ample storage space. A separate utility closet houses a GE washer and dryer, as well as central HVAC.
Located just east of the historic Gramercy Park, Gramercy Square is a full-service condominium comprising 223 residences spread across a uniquely configured collection of four buildings. These buildings are elegantly positioned around private gardens designed by M. Paul Friedberg & Partners and an exceptional 18, 000-square-foot amenities club, offering a state-of-the-art gym, pool, sauna/steam rooms, residents' lounge, dining room, and children's playroom. Private storage andparking options are available for purchase (subject to availability).
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.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,345,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,876,000 | $1,876,000 | $1,876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,652 | $11,704 | $15,704 |
Total Monthly Payment | $10,777 | $11,829 | $15,829 |
* 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.