Gramercy Place is a full-service Condominium in a prime location next to both the 6 trains and N/R trains. Situated on the border between the Flatiron and Gramercy areas. Just a stone's throw from Madison Square Park and Union Square, it is surrounded by some of the city's best restaurants and plenty of world-renowned stores.
In short; super convenient location.
Aside from the full-time doorman and concierge who greet you every time, this building also offers a pool, fitness center, several roof decks, a Jacuzzi, locker rooms with sauna and steam are all on the top floor, and as this building is higher than most in this area, the views from here are worth the short elevator ride. Lower in the building are further conveniences like a bike room and laundry.
In short; a full-service building
The apartment itself is a South-facing one-bedroom with hardwood floors. The open kitchen and bathroom were recently renovated. The upgraded kitchen has a granite breakfast bar, stainless steel appliances dishwasher, and custom cabinets. The bedroom is easily large enough for king-sized bed (there currently is one, ) and there is still room for a desk (also currently in place) and has custom California-style closets.
In short: uber-practical
So, if you are looking for an uber-practical apartment in a full-service building, at a super convenient location, come and see this one right away. These unicorns don't come around often, especially not at this price.
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Our Executive Mortgage Banker:
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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 | $4,600 | $4,600 | $4,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $31 | $30 | $39 |
Total Monthly Payment | $106 | $105 | $114 |
* 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.