$2,595,000 Two Bedroom/Two Full Bath apartment in the Coveted Grand Madison Building.
The apartment features an open chefs kitchen which is equipped with all Viking Appliances and beautiful Poggenpohl dark wood cabinetry and is perfect for entertaining. Both bathrooms have imported white Carrera marble tile and the master bath has a deep soaking tub with an additional shower stall and double sinks. Washer/dryer in the apartment. Separate full dining room that seats 8 comfortably. Central A/C and heat with 3 separate zones and is one of few apartments in the building where the owner made the investment to install custom ceilings with modern recessed lighting throughout.
The building is located in the exclusive NOMAD area on Fifth Avenue and directly above Madison Square Park, next to Eataly, many great restaurants and many convenient transportation options. Full-time doorman, white glove service, valet, resident gym, on-site dry cleaners, and concierge are just some of the wonderful services that are provided at the Grand Madison.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more