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[ "Top of The Line" S/W Corner 1BR 1. 5 Bath in Gramercy/Flatiron ] In Gramercy’s privileged world of Luxury Hi-Rise Condominiums, Gramercy Place at 280 Park Avenue South, stands as the undisputed “Crown Jewel”. Of all the one bedroom options, the limited edition upper floor “F” line is By Far the rarest most sought after and only S/W corner floor plan in the entire building. Perched at the “Top of the Line” sits unit 26F, the most prized 1 Bedroom 1. 5 Bath in Gramercy on Park Avenue South. This luxury residence boasts unobstructed views South over Union Square to the Freedom Tower and West over the famed Flatiron and Sohmer Piano buildings towards the Postcard Perfect Sunsets. The walls of wrapping windows flood the space with natural light, while maintaining a pin drop quiet oasis furthest from the elevators and far above the city's street-level buzz. Each sunset promises a breathtaking spectacle that comes with calling 26F home. 26F presents a highly elevated version of the Windowed Kitchen. This bright, double-windowed kitchen offers tranquil skyline views, invites culinary exploration with over 15 ft of countertops, offers a full suite of Samsung appliances, tremendous over/under storage, XL eat-at-counter and allows for seamless entertaining and convenience. The large bedroom with Freedom Tower views offers two XL floor-to-ceiling closets and has a large marbled en-suite primary bath. Additionally, 26F provides the extremely rare half bath adjacent to the proper 8'x8' entry foyer. (Easily Converts to a Proper Laundry Room). Residents enjoy a New $3M renovation of the spectacular wrapping roof decks, rooftop gym, and glassed in pool providing an exclusive retreat for relaxation and fitness with panoramic city views. Professionally managed by LIV fitness. This opportunity is much more than simply acquiring a home, it's claiming your own piece of Manhattan's Cherished Downtown Skyline. RECENT BUILDING IMPROVEMENTS: - Local Law 11 - New N/S Roof Deck Gut Renovation - New Backup Generator - New Common Outdoor Lounge AMENITIES: - 24 Hour D/M & Concierge - Rooftop Pool - Rooftop Health Club - NEW North/South Sun Decks - NEW Backup Generator - Sauna, Jacuzzi and Steam Facilities - Bike Storage - Cage Storage(additional monthly fee) - Children’s Ground Level Play Area - Industrial Grade Laundry Facility - Washer Dryers Allowed in Units - Pet Friendly - Investor Friendly - Smoke Free Building THE BUILDING: For decades Gramercy Place has proudly preserved its distinction as the neighborhood “Crown Jewel of luxury hi-rise condominiums. ” This postwar modern masterpiece soars 27 stories above the original New York Bank for Savings, built in 1894. The bank now serves as the well-appointed Teak and Marble Lobby with soaring ceilings and marble floors. Preserving one of the neighborhood’s most historic street corners, this luxury Condo stands as a testament to its developers, proving that treasured architecture combined with modern amenities and white glove service will always flourish in Manhattan’s real estate market. Located in the heart of New York City’s oldest residential neighborhood, on a pristine tree-lined block at the corner of Park Avenue South, Gramercy Place is Historic, Modern and Refined. THE NEIGHBORHOOD: Gramercy/Flatiron has long been established as one of the premier residential and cultural neighborhoods in NYC. Enjoy easy access to Eataly, Whole Foods & Trader Joes on Union Square or take advantage of the famed Farmer’s Market four days a week. Within just two blocks your dining choices are Gramercy Tavern, Union Square Café, Oceans, Hawksmoor Steakhouse, Jua & Craft just to name a few. Catch some Jazz 7 days a week at Midnight Blue on 19th, tap into your creative side at the National Arts Club or stay outdoors for one of Madison Square Park’s notorious concerts, movies or art exhibits.
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Our Executive Mortgage Banker:
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$1,725,000
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 | $1,380,000 | $1,380,000 | $1,380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | $1,262 | $1,262 | $1,262 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,944 | $8,723 | $11,739 |
Total Monthly Payment | $9,331 | $10,110 | $13,126 |
* 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.