Welcome to this immaculate, 3-bedroom, 2-bathroom home in the heart of Union Square/ Gramercy. This exquisite residence offers a perfect blend of modern luxury and timeless elegance across its six spacious rooms. As you enter, you are flooded with warm natural light from the eastern exposure. The entrance area immediately makes the apartment feel like a home leading you into the living space. The living room offers the perfect lounging space, which can accommodate large furniture. The dining space is perfect for the host at heart with room for an 8 seat dining table or more. The spacious kitchen is a chef's dream, featuring premium counters and stainless steel appliances including a Wolf oven, Sub-Zero refrigerator, two dual zone wine refrigerators, and a dishwasher. Custom wood cabinetry provides a significant amount of storage, and boasts soft-close hinges and drawers. The extra-large, primary bedroom faces west and enjoys a very spacious closet and plenty of wall space for storage or art. The ensuite bathrooms, finished with marble and stone, offers a spa-like retreat with a relaxing soaking tub, Toto toilet, and rainfall showerhead. The second and third bedrooms are split from each other and offer room for whatever bed size you prefer along with storage and a desk. The second bathroom, accompanying the 2nd bedroom, features stone and marble finishes as well as a deep soaking tub. Throughout this pin-drop quiet unit thoughtful storage solutions have been seamlessly introduced. Details such as pocket doors, wide plank wood floors, and central AC make this a perfect home. Gramercy Arms is a well-maintained, full-service co-op. Shareholders enjoy a full-time doorman, live in resident manager, a beautiful garden, central laundry, storage room, bike room, and garage. Located in the heart of Gramercy Park, this building is a short walk from Union Square, multiple public parks, and plenty of dining, shopping, and transportation options. Pets are welcome, as are Pieds-A-Terre and Guarantors. Co-purchases and gifts are allowed with working children, and sublets are permitted with Board approval.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,960 | $9,722 | $13,180 |
Total Monthly Payment | $9,085 | $9,847 | $13,305 |
* 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.