Stunning top floor corner two bedroom offers 9’ ceilings and three exposures with sweeping views and gorgeous light throughout the day at Quaker Ridge, a premiere full-service cooperative located just a block from Gramercy Park. The large open living space features iconic southern views over lower Manhattan and has ample space for both living and dining. The windowed eat-in kitchen was recently updated with stainless steel appliances, white cabinetry including a large pantry, and butcher block counters and a blue-tile backsplash. The king-sized primary bedroom has large windows offering northern views and two spacious custom closets. The second bedroom features dual eastern and southern exposures and another large custom closet. The windowed bathroom is finished with clean white tilework and a midcentury style, walnut brown vanity. The storage space is ample throughout with an additional large linen closet, two oversized coat closets in the entry foyer, and modern built-ins in the living dining area. Other features include custom black-out shades in both bedrooms, dark hardwood floors, solid core doors with privacy, and classic modern finishes throughout. Quaker Ridge is a classic post-war full-service cooperative located just off Gramercy Park. Residents enjoy a full-time doorman and attentive staff, live-in super, recently updated lobby and hallways, laundry room, bike room, private storage, and residents-only parking garage with direct access from the building. The location can’t be beat, with every amenity close by including a new Eden Gourmet grocery store on the ground level and Manhattan’s top restaurants (Cote, Hawksmoor, Gramercy Tavern, Union Square Cafe, Rezdora, and so many more) within a few blocks. The area is full of greenspace and has easy access to numerous subway (456/NQR/L) and bus lines. There is a monthly energy surcharge which varies quarterly based on actual energy costs to the building, and residents enjoy reduced electric and gas charges billed through the building. Quaker Ridge is a pet-friendly building. Co-purchasing and gifting are allowed subject to board approval, although guarantors and pieds-a-terre are not permitted. Broker/owner.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.396% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,263 | $7,876 | $10,708 |
Total Monthly Payment | $7,388 | $8,001 | $10,833 |
* 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.