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Spacious Corner Junior 1-Bedroom with Abundant Natural Light
This generously sized corner Junior 1-bedroom apartment boasts south and west exposures, ensuring bright and inviting spaces throughout the day. The expansive wall of five south -facing windows fills the living areas with sunlight.
Gourmet Kitchen and Modern Bath
The renovated, windowed chef's kitchen is equipped with black quartz countertops, a stone backsplash, custom light maple cabinetry, and stainless steel appliances. The new, spa like windowed marble bathroom features contemporary fixtures and a soothing soaking tub.
Thoughtful Layout and Ample Storage
Designed for comfortable living, the apartment offers an oversized living/dining area ideal for entertaining. The spacious sleeping alcove accommodates a queen-size bed and nightstands. Throughout the unit, you'll find hardwood floors and exceptional closet space.
Prime Location in a Full-Service Building
Situated in one of Gramercy North/Kips Bay's premier full-service buildings, residents enjoy amenities such as a live-in superintendent, 24-hour door attendant, and a dedicated staff. Recent upgrades include renovated hallways, lobby, mail and package room, and laundry facilities. Additional conveniences include an on-site garage, as well as bike and storage rooms.
Convenient Access to Transportation and Local Attractions
The building's central location offers easy access to major transportation routes and is near Madison Square, Gramercy, and Union Square Parks. Residents can explore vibrant nightlife options, dine at top restaurants, and shop at nearby markets such as Trader Joe's, Fairway, Morton Williams, and Whole Foods.
Pet-Friendly and Flexible Policies
The cooperative allows co-purchases, pied- -terres, and dogs up to 40 lbs. Subletting is permitted after two years of ownership for up to four years. Please note, there is an assessment of $266. 76 per month through December 2026.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,586 | $2,759 | $3,488 |
Total Monthly Payment | $2,678 | $2,851 | $3,580 |
* 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.