New York (Gramercy), NY, 10003 | $900,000

This generously sized, garden-floor studio boasts plenty of pre-war charm and was recently renovated to enjoy the optimal proportion and layout for flexible living. Defining features include direct views of Gramercy Park, a newly renovated bathroom with WaterWorks fixtures, radiant heated flooring, and an abundance of thoughtful storage. Included in the sale is a coveted key to Gramercy Park, the only private park in Manhattan. Meticulously maintained, the park offers a tranquil retreat for strolling, relaxing, and admiring its historic sculptures. Considered to be one of New York City’s most romantic and revered neighborhoods, the charm of Gramercy Park extends beyond its gates with close proximity to cultural institutions such as the National Arts Club, and is surrounded by a vast variety of restaurants, shops, entertainment, and transportation.

Features

  • Town: New York
  • Rooms: 1
  • Baths: 1 full
  • Units: 9
  • Lot Size: 26.25 x 110.0
  • Laundry: Building None,None
  • Year Built: 1846
  • Lot Size: 26.25 x 110.0
  • Est. Taxes: $0
  • HOA Fee: $993 Monthly
  • Pet Policy: Building Yes,Yes
  • MLS#: PRCH-35194334
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/PRCH-35194334/3gramercyparkw_newyork_ny?source=qrflyer
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Listing courtesy of CORE Group Marketing LLC   Phone: (212) 419-8580

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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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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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New York (Gramercy), NY, 10003

$900,000

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 $720,000 $720,000 $720,000
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 $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,088 $4,492 $6,027
Total Monthly Payment $4,180 $4,584 $6,119

* 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.