New York (Kips Bay), NY, 10010 | $465,000
ONE YEAR OF MAINTENANCE PAID BY SELLER!
Unbeatable Price for this Alcove studio in a full-service Condop, with in-unit washer-dryer!
Investor-friendly , this gem can be used as an investment property, Pied-a-Terre or Main Residence. Co-Purchasers and IMMEDIATE subletting are permitted!
Uncover a home of comfort and convenience at this exquisite unit in the heart of Gramercy Park.
Impressively situated at 242 East 25th Street, nestled at the border of Gramercy and Kips Bay, Unit 3D is a hidden gem that integrates high-quality features, affordability, and luxury in one unique, spacious design. Designed to please, this charming unit (can be easily converted to a one bedroom) is draped in light, courtesy of the oversized, newly installed windows.
With a pet-friendly policy, your furry friends are more than welcome to enjoy the stylishly comfortable premises that make living a joy. Inside, you will be captivated by the exceptional condition of the unit, reflecting masterful attention to detail. From the sleek, traditional style kitchen featuring a breakfast bar and top-tier essentials, generous closet space to the upscale bathroom, everything about this home nervously whispers 'elegance'.
Amenities? The building boasts a part-time doorman on the staff, ensuring extra peace of mind, a private gym, a live-in superintendent, and breathtaking views of New York City from the Rooftop.
In addition to the compelling interiors, the strategic location is another selling point.
Gramercy Park is a neighborhood filled with the vibrancy of local attractions such as parks, entertainment venues, and eateries. The property is also conveniently located among a bustling neighborhood with many restaurants and entertainment options within easy access to Madison Square Park, Flatiron and Union Square. This prime location is also just a short walk from the 6, N, and R subway lines.
This impeccably styled 2-room paradise is an opportunity to own a piece of New York's coveted real estate.
There is extra storage option (wait list) and the Condop operates under CONDO like rules, requiring NO board interview!
Please get in touch today to arrange a viewing and experience firsthand the elegance and prestige offered by this splendid Gramercy Park retreat.
This opportunity is not to be missed!
Features
- Town: New York
- Levels: 13
- Rooms: 2
- Baths: 1 full
- Laundry: Building Other,Washer Hookup,In Unit
- Year Built: 2004
- Common Charge: $2,210 Monthly
- Approx Sq. Feet: 525
- Est. Taxes: $12
- View: City
- Pet Policy: Building Yes,Yes
- MLS#: RPLU-5122655656
- Days on Market: 375 days
- Website: https://www.raveis.com
/prop/RPLU-5122655656/242e25thstreet_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 Phone: (212) 891-7000
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Customer Service
888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Kips Bay), NY, 10010
$465,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $372,000 | $372,000 | $372,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $1 | $1 | $1 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,260 | $2,260 | $2,940 |
| Total Monthly Payment | $2,336 | $2,336 | $3,016 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535