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Architectural Elegance of a Bygone Era – Now a Flexible 3- Bedroom Residence Step back into the grandeur of the Gilded Age with this spectacular convertible 3-bedroom, 2-bathroom residence overlooking Gramercy Park. With soaring 13-foot ceilings, expansive windows, and exquisite original details from 1883, this home is a rare offering in one of Manhattan’s most coveted locations. A gracious entryway, adorned with an intricate inlaid floor and hand-painted Chinese wall covering, welcomes you into the breathtaking, park-facing salon. An opulent chandelier illuminates the space, highlighting the original hardwood floors and period woodwork. An original 1883 marble fireplace serves as a magnificent focal point, transporting you to an era of elegance and refinement. Currently configured as a formal dining room, the third bedroom features southern exposure, a fireplace with a stately mantle and Gilded Age architectural details. This space can easily be converted into a bedroom while maintaining its historic charm. A dramatic hallway, accented with hanging alabaster fixtures, provides a striking transition between the home’s public and private quarters. The serene primary suite, bathed in southern light, features grand windows with period trim and a beautifully integrated floor to ceiling chifforobe. Its en-suite bath is a classic retreat, adorned with green marble tiles. The second bedroom, currently styled as a den, is a masterpiece of craftsmanship with rich, floor-to-ceiling mahogany walls, intricate detailing, and period window casings. The grand windows, framed by louvered wooden shutters, offer both privacy and natural light, while an original fireplace and stained-glass accents add to the room’s historic charm. The dine-in kitchen seamlessly blends classic and contemporary design, featuring custom millwork, granite countertops, and stainless steel backsplashes. Architectural angles and high ceilings enhance its character, while top-tier appliance, including a Sub-Zero refrigerator ensure modern convenience. A beautifully appointed second full bath, finished in green marble tiles and white fixtures, provides easy access for guests. Residents of The Gramercy, Manhattan’s first cooperative building, enjoy a suite of white-glove amenities, including a 24-hour doorman, live-in building manager, and full support staff. Additional conveniences include a package room, central laundry, bike room, and private storage. Pied-à-terre ownership is permitted, the building is pet-friendly, and financing is allowed up to 50%. Built in 1883 in the Queen Anne style, The Gramercy is a historic treasure. Its striking red brick and terra cotta façade is complemented by a grand arched entrance, mosaic floor tiles, and Lincrusta-covered walls. The opulent lobby features original Tiffany stained glass, Grueby and Minton mosaic tiles, and an exquisite fireplace with a period hearth and mantle mirror. With this distinguished address, you’ll enjoy exclusive access to Gramercy Park—Manhattan’s only private park. The surrounding neighborhood offers a charming enclave of boutique shops, acclaimed restaurants, vibrant green markets, and dog-friendly parks, all within close proximity to public transportation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,200,000
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 |
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Loan Amount | $4,960,000 | $4,960,000 | $4,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,162 | $31,759 | $42,191 |
Total Monthly Payment | $28,287 | $31,884 | $42,316 |
* 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.