230 East 20th Street, #61, New York (Gramercy Park), NY, 10003 | $2,345,000

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.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 7
  • Amenities: Courtyard; Garden; Health Club; Fitness Room; Exercise Studio; Pool; Sauna; Steam Room; Laundry Room; Nursery; Lounge; Roof Deck;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: The Modern at Gramercy Square
  • Year Built: 2016
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123136381
  • Days on Market: 92 days
  • Website: https://www.raveis.com
    /prop/RPLU5123136381/230east20thstreet_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 AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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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230 East 20th Street, #61, New York (Gramercy Park), NY, 10003

$2,345,000

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 $1,876,000 $1,876,000 $1,876,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,799 $11,858 $15,831
Total Monthly Payment $10,924 $11,983 $15,956

* 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.