Welcome home to your bright pre-war one bedroom apartment with ample closet space on the 6th floor at The Gramercy House! This Art Deco co-op is just a block and a half from Gramercy Park and a short walk to Union Square, the Flatiron district and the East Village. The apartment has a living room with a beautiful working fireplace, a bedroom with Northern views uptown and the Chrysler Building, and open kitchen great for cooking and entertaining. The pre-war architectural details remain including the hardwood floors with inlay in the living room, beamed ceilings and original hardware. This is a great opportunity to own a wonderful pre-war co-op apartment full of charm with a fireplace in an excellent building. Gramercy House has a planted roof-deck with wonderful midtown views, a beautiful and tranquil garden/park for the exclusive use of the residents. There is a 24 hour concierge, laundry, bicycle storage and outstanding staff. The building is pet friendly and allows gifts. Pied-a-terre buyers are not permitted, parents co-purchasing with their children is also not allowed. The maintenance includes electricity, heating and A/C. Maximum financing 60% of the purchase price.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,139 | $3,982 | $5,053 |
Total Monthly Payment | $4,231 | $4,074 | $5,145 |
* 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.