Your Studio Sanctuary
Nestled at the crossroads of Gramercy and Greenwich Village, this quiet studio offers the perfect combination of comfort, convenience, and serenity. With soft northern light streaming through a wall of windows, you'll enjoy peaceful views of a beautifully expanded garden. Designed for easy living, this studio features a separate kitchen with a chef's stove, a cozy carved-out home office, and more storage than you can fill-making it a true urban retreat.
Gramercy Arms is a full-service, 24-hour doorman co-op with a live-in Resident Manager and fantastic amenities: on-site parking, a large common laundry facility, bike and supplemental storage, and handicap accessibility. Ownership offers flexibility for Pieds-a-Terre, guarantors, and parents co-purchasing. Limited subletting is also available with Board approval.
Living here, you'll be moments away from the vibrant top rated Union Square Green Market, Whole Foods, parks, movie theaters, restaurants, and major transit options. Embrace the energy of the city while enjoying the tranquility of your own private oasis-everything you need is within reach!
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:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,794 | $2,791 | $3,542 |
Total Monthly Payment | $2,886 | $2,883 | $3,634 |
* 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.