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South-Facing Flatiron 1BR with Smart Design & Low Maintenance Welcome to Residence 403 at The Parker Gramercy, a beautifully renovated south-facing one-bedroom in one of Flatiron’s most sought-after full-service buildings. Thoughtfully designed for modern luxury and effortless living, this home features warm natural light, smart upgrades, and incredible storage—all with low maintenance fees. The open layout offers distinct living, dining, and work-from-home areas, complemented by deep walnut wood flooring and modern window treatments. Wall-to-wall south-facing windows fill the space with soft, natural light, creating an inviting ambiance. The open-concept kitchen is both stylish and functional, featuring a granite island, new dishwasher, French-door refrigerator, gas cooktop, and convection oven with microwave combo. Sleek white cabinetry with open shelving and glass doors, paired with a striking mosaic backsplash, blends practicality with designer flair. The spa-like bathroom is wrapped in Italian marble and finished with Restoration Hardware fixtures, including dual rain showers with an overhead and matching hand shower, Hansgrohe fixtures, and dual mirrored medicine cabinets for ample storage. A hidden linen closet adds even more convenience. The tranquil bedroom comfortably fits a queen-sized bed and boasts a custom walk-in closet with an adjustable storage system and sleek smoked glass sliding doors by The Sliding Door Company. Two additional custom closets near the entry provide even more storage. Designed for seamless smart home living, this residence features Nest-controlled heating and cooling, digital climate control in the bedroom, and a digital entry system with a fallback key for effortless security. The Parker Gramercy offers 24/7 concierge/ doorman, valet services including dry cleaning, laundry, and housekeeping, a package room, direct garage access, lobby lounge area, and a secured 14th Street entrance. The building is fully staffed with a friendly and attentive team, including a live-in superintendent, handyman, porter, and property manager, plus an on-site laundry facility. Nestled just off Fifth Avenue's Gold Coast, this prime Flatiron location places you minutes from Union Square Park, Washington Square Park, Trader Joe’s, Whole Foods, and the Union Square Farmers Market, along with boutique shopping, Michelin-starred dining, and 15+ gyms within blocks. Commuting is effortless with easy access to the 4/5/6, L, N/Q/R/W, F/M, 1/2/3, and A/C/E subway lines. The building is pet-friendly and permits guarantors, pied-à-terre, and co-purchasing (case by case), but does not allow parents buying for children or in-unit washer/dryers.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,856 | $4,293 | $5,731 |
Total Monthly Payment | $3,948 | $4,385 | $5,823 |
* 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.