Experience sophisticated living in this exceptional 3 Bedroom, 2. 5 Bathroom Residence with a private 300 sqft terrace. Nestled in one of Gramercy Park's most coveted pre-war condominiums, this home offers a blend of classic elegance and modern convenience.
Upon entering, you'll be welcomed by a grand entry gallery leading into a spacious 19 by 36 ft double living and dining area, perfect for both relaxing and entertaining. The chef's kitchen is a culinary dream, featuring custom cabinetry, stunning Calacatta marble countertops, and top-of-the-line Sub-Zero, Viking, and Bosch appliances. A dedicated wet bar with a 144-bottle Sub-Zero wine fridge enhances the space's functionality and appeal.
The primary suite boasts a generous 19 by 25 ft layout with a serene sitting area, a fully outfitted dressing room, and a spa-like en-suite bathroom complete with travertine marble, a rain shower, and a deep soaking tub. The spacious second bedroom also includes its own en-suite bathroom. Both the second and third bedrooms open onto a beautifully designed setback terrace featuring limestone flooring, herringbone ipe panels, custom copper screens, planters, cabinetry, a motorized awning, and a comprehensive irrigation and lighting system.
Residents of 260 Park Avenue South enjoy unparalleled service and amenities in this distinguished white-glove condominium, including a full-time concierge, doorman, state-of-the-art fitness center, and three roof decks. Ideally situated in Gramercy Park, you'll be close to Madison Square Park and the Union Square Greenmarket, surrounded by Manhattan's finest shopping and dining, with convenient access to transportation.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $3,916,000 | $3,916,000 | $3,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,853 | $24,752 | $33,045 |
Total Monthly Payment | $22,978 | $24,877 | $33,170 |
* 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.