Located at Gramercy Park Towers, this Mint, Spacious Alcove Studio/Junior 1 is larger than many 1 bedroom apartments. Enter a huge living/dining area with two entry closets and a wall of windows, The alcove can easily convert into a bedroom or home office (shown in the Alternate Floor plan). This home features hardwood floors throughout and has a large galley kitchen with quartzite countertops, never used stainless steel appliances and stylish white cabinetry. A private dressing area with space for a vanity or dresser and two ample closets lead into the newly renovated bath.
Gramercy Park Towers is a desirable luxury co-op apartment with 24-hour doorman, concierge, and live-in super. Amenities include a state-of-the art fitness center, laundry and bike storage rooms as well as on-site parking. Two highlights are the stunning landscaped Zen Garden on the ground floor and a planted roof deck with iconic views of the Manhattan skyline. The low monthly maintenance includes utilities (gas and electric). No pied-a-terres or parental co-purchase allowed. Sorry, no dogs, but cats are welcome.
Conveniently located for transportation - 4/5/6/N/Q/R and L subways at Union Square as well as 3rd Avenue buses. Close to both Gramercy and Madison Square Parks, the Union Square farmer's market, fantastic highly-rated restaurants, bars, shopping and culture. All measurements and square footages are approximate and all information should be confirmed by customer.
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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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,944 |
Total Monthly Payment | $3,152 | $3,149 | $4,036 |
* 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.