Grand scale entertaining spaces, modern systems and the perfect perch over Carl Schurz Park make this rare 10 room full floor 4 bedroom 4. 5 bathroom residence a must see. Enter the residence off of a private elevator landing into a beautifully paneled greeting gallery with powder room and abundant closets and storage space. Three large park facing entertaining rooms are accessed from this beautiful landing. Enter the formal living room through an archway. The living room is gracious and bright with oversized windows from which one watches the comings and goings of the park. High ceilings, lovely prewar detail, working gas fireplace and built in book cases create a lovely ambiance. At 22'4"X15'8" there is plenty of space for two seating areas. Pass through an arch to the West and enjoy the home's large 14X21 den with a second gas burning fire place and two large windows allowing for plenty of natural light. To the east enter the home's corner formal dining room. Its scale is lovely with high ceilings and large windows. Throughout these rooms you will appreciate the beautiful oak hardwood floors in a chevron patters creating a sense of quality and flow.
One of the truly special features of this home is its enormous custom designed chef's eat in kitchen! If you are a chef, you will appreciate the thought that has gone into its design. Its circular flow and ample countertops make for an ideal work space and it is open to a large informal dining area, perfect for morning or evenings at home. Appliances include double Miele ovens, double Miele dishwashers, a 6 burner stove top with grill plus a restaurant quality salamander broiler, professional quality ventilation, oversized Subzero refrigerator with separate freezer drawers, a beautiful butler's pantry that connects the kitchen to the dining room, and separate windowed laundry room with sink and vented Miele washer/dryer. Overhead and under cabinetry lighting light the space beautifully and a combination of Calacutta Gold and Verde Aver marble counter tops and backsplash create clean and stylish surfaces to work on. A staff room with full bath is located off of the kitchen which is ideal for a home office.
The bedroom wing is accessed through a gracious secondary gallery. The corner primary bedroom is ensuite and of very comfortable scale facing the park with four large double closets. The room enjoys plenty of natural light and the bathroom is windowed with a large soaking tub and separate shower stall. The adjacent second bedroom is currently used as a lovely library with a built in desk and large window facing west. The third bedroom is ensuite with a built in desk, large walk in closet and a windowed ensuite tiled bath. The fourth bedroom is 16X15 and offers a built in desk and a wall of custom closets and there is a fourth bathroom with stall shower just outside in the hallway.
The home is kept comfortable by a multi zoned central air conditioning system. A Sonos system pipes music throughout most of the home and custom lighting throughout each of the rooms maintains an ambiance throughout your day. Last but not least, the home comes with two storage bins in the basement make storage a relief!
One Gracie Square is a beautiful prewar 41 unit building built in 1929 and designed by famed architect Rosario Candela. It's rare setting on Carl Schurz Park make it a sought after destination for is tranquil setting. Access to the East River Promenade is a short distance away as is the 2nd Avenue subway and plenty of neighborhood amenities. East End Avenue has its own wine shop, Cafe Yura, dry cleaning and barber shop! There is nothing like this residential enclave on the east side for those looking for a peaceful existence in New York City and the home is just gorgeous.
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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 | $3,320,000 | $3,320,000 | $3,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.797% | 6.108% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,333 | $19,905 | $27,348 |
Total Monthly Payment | $18,458 | $20,030 | $27,473 |
* 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.