BACK ON MARKET, DEAL FELL THROUGH. Extraordinary Prewar Gramercy Gem Welcome to this beautifully renovated prewar one bedroom home at the renowned Gramercy House. This elegant corner apartment features hardwood floors, beamed ceilings, SIX large closets and natural sunlight throughout the day. Residence 4L is approximately 1, 000 +/- square feet with a separate dining room which can be used as an office, nursery or guest bedroom. The coveted L-line is one of the largest one bedroom layouts in the building. Enter through a graciously proportioned gallery that is perfect for displaying art complete with three large closets. The oversized windows provide wonderful natural light with exposures to both the north and east. The massive loft-like living room, framed by a wood burning fireplace, features high ceilings and views of the Empire State Building. The windowed chef’s kitchen has been tastefully designed with Carrara marble countertops, custom cabinetry and high end stainless steel appliances. There is ample cabinetry and the light fixtures provide the perfect accents. The expansive sun-filled bedroom features double exposures and two generous closets. The windowed bathroom is in pristine condition and boasts the original subway tiles. Gramercy House is a well-maintained Art Deco Prewar cooperative with exceptional staff, including a live-in resident manager and 24-hour concierge. All residents can enjoy a private keyed garden, a beautiful planted roof deck with stunning views and central laundry room. 235 East 22nd Street is a mere block and a half from Gramercy Park and within easy distance of Union Square, Flatiron District and the East Village. The building permits 60% financing and the maintenance includes both heat and electric (AC). Pied-a-terres are not permitted. Gifts to assist with the purchase are allowed but parents buying for their children or co-purchasing with their children is not allowed. Pets are welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,084 | $4,487 | $6,021 |
Total Monthly Payment | $4,176 | $4,579 | $6,113 |
* 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.