Located in one of the most sought after neighborhoods in downtown New York City, this soaring Gramercy duplex is set apart. Situated in one of the most coveted pre-war, white-glove condominiums on Park Avenue South, combining residential living, with timeless modern luxury. Something that can never be replicated.
The elevator arrives directly into this duplex, revealing dramatic ceiling heights that showcase approx. 23 feet. Beyond the foyer, The entertaining room spans over 20 x 21 feet, with deep set windows that flank north/west flooding the space with natural light. The apartment has been meticulously redesigned to meet the most exacting standard and showcases some of the most beautiful finishes.
Adjacent to the great room lies the centerpiece of the loft-a bespoke Officine Gullo kitchen, meticulously crafted in Italy and designed to perfection. This chef's dream kitchen boasts an oversized island adorned with semi-precious white quartz countertops, elegantly illuminated with under-lighting. Equipped with a full suite of top-of-the-line appliances, it features an eight-burner Gullo range, an additional stove, a warming drawer, a pizza oven, a customized wine dispenser, a 90-bottle Gaggenau wine refrigeration system, a wall oven, a Miele coffee machine, and a Rachiele sink. All Gaggenau appliances are clad in Gullo's signature metal finish, seamlessly blending functionality with unparalleled elegance. Every detail has been thoughtfully curated to deliver both practicality and timeless sophistication.
Upstairs, the private quarters include two en-suite bedrooms, both featuring custom closets and gut renovated finishes. The primary suite is a sanctuary of comfort and style, with smart and expansive dressing closets, a library with a built-in safe,
The primary bedroom en- suite bathroom is outfitted with Bisazza Ombre tile, a dramatic custom Zuma floating deep soaking tub, dual Boffi sinks, a Fantini rain shower with premium fixtures, a Toto toilet, and radiant heated floors, these bathrooms redefine luxury.
The home is also equipped with state-of-the-art technology, including pre-wired speakers, Lutron blinds, and a Crestron smart home system, which seamlessly controls drapes, shades, lighting, surround sound, and HVAC systems.
This home is elegant and feels like a townhouse in the sky, with a full service building staff.
260 Park Ave South . Residents enjoy white glove concierge service, two private outdoor roof decks, a live-in resident manager, bike storage, gym and a coveted location next to some of the most celebrated Michelin Star restaurants in the city. Nearest transportation provides the 4-5-6, N/R and Q train at Union Square farmers markets
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$4,800,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,840,000 | $3,840,000 | $3,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,715 | $24,588 | $32,664 |
Total Monthly Payment | $22,840 | $24,713 | $32,789 |
* 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.