Welcome to 201 East 21st Street #5F in the Gramercy Park neighborhood! This spacious true one-bedroom home features a large living room and an expansive king-size bedroom, separate dining room and windowed kitchen. Plenty of options for a home-office as well! This corner apartment is also quiet, gets good light and has ample closet space. Located at the corner of 3rd Avenue, this immaculately maintained full-service building is just one short block from historic Gramercy Park.
The Quaker Ridge cooperative is a financially secure post war building with 24-hour doorman, resident super, porter, updated laundry, recently renovated lobby and hallways, resident only self-parking garage with direct access, additional storage and bike storage. The building offers reduced bulk rate electric/gas which is billed monthly as an energy charge. The Board has engaged Energy Plus NY to install 5 electric vehicle charging stations in the garage by the end of 2024. In addition, steps to further reduce energy costs are planned by installing an independent hot water heater.
You will also appreciate the reasonable monthly maintenance of $1, 459/month and approximately 2/3 is tax deductible! This pet-friendly building also permits parents buying for employed children with board approval. Subletting is permitted after 2 years for a maximum of 2 years at a time.
The Gramercy Park neighborhood offers many amenities and conveniences. Right downstairs there is an Eden Gourmet market and within several blocks you will find Morton Williams, Westside Market and D'Agostino. Enjoy abundant shopping in the Flatiron District, spectacular Madison Square Park and cultural events all year round at the National Arts Club on Gramercy Park South. There are numerous restaurants and coffee shops on 3rd Avenue and transportation options that include the M23 crosstown bus, uptown and downtown buses. N, R, W, 6 and L subways. The Union Square greenmarket is within reach as is the East Village to the south and the delightful Stuyvesant Square Park.
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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.DeFlorio@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 | $568,000 | $568,000 | $568,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,731 | $3,731 | $4,755 |
Total Monthly Payment | $3,823 | $3,823 | $4,847 |
* 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.