Residence 7HH is a thoughtfully designed, modern home, spanning 748 square feet, in one of Gramercy’s premier condominium buildings, CODA! The layout caters to the busy professional, with a spacious corner living room that allows for versatile furniture arrangements, perfect for both relaxation and entertaining. There is south-western exposure providing excellent light all day! The entry foyer, with its large coat closet, leads to a stylish U-shaped kitchen, fully appointed with glossy white Italian lacquer cabinetry, honed marble countertops, and integrated high-end appliances including a Miele refrigerator and Bosch gas cooktop, making it both practical and elegant for quick meals or gourmet cooking. The large bedroom, bathed in natural light from floor-to-ceiling windows, provides ample custom closet space and a serene environment for unwinding after a long day. The refined design elements of the bathroom - from the custom-designed ash veneer vanity to the polished nickel fixtures by Waterworks, reflect a luxurious yet practical living space. Designed by the world-renowned Francis D’Haene of D’Apostrophe Design, this home features oversized windows that frame stunning views of the downtown Manhattan skyline to the south and the building’s landscaped terrace to the west. Perfectly situated in one of the city’s most celebrated neighborhoods, this home is moments from Gramercy Park, Madison Square Park, and the East Village. Out-of-state buyers and those seeking a secondary residence will appreciate the nearby dining, shopping, and cultural attractions, as well as convenient transportation links to Penn Station and Grand Central. CODA offers a full suite of amenities designed to support a convenient, stress-free lifestyle. The building has a 24-hour attended lobby and a live-in resident manager, providing peace of mind for those who may travel frequently or work irregular hours. Additionally, a private landscaped terrace, a residents’ lounge, a fitness center programmed by Jay Wright of The Wright Fit, and a large, landscaped roof terrace with panoramic views of New York’s iconic landmarks. This residence is also a perfect pied-à-terre, offering easy access to the city’s transportation hubs and serving as a smart investment opportunity with potential for rental income and long-term appreciation in a highly sought-after neighborhood. For more information find me on Instagram @DanielleSellsNYC
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,131 | $1,131 | $1,131 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,928 | $5,418 | $7,308 |
Total Monthly Payment | $6,184 | $6,674 | $8,564 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.