Just a block from Gramercy Park, an expertly renovated loft-like 1-bedroom with oversized windows in a pre-war, full-service building. Featuring almost 11-foot beamed ceilings and an open-concept living / dining layout, this home is airy and elegant.
The oversized kitchen features stunning custom cabinetry, a Miele dishwasher and cooktop, imported Luce di Luna countertops and a Sub-Zero refrigerator equipped with an ice maker. The king-sized bedroom features an equally indulgent double-door closet outfitted with buildouts and additional hanging space for all your storage needs. A coat closet is also present in the foyer. An impeccably renovated slate bathroom adds modern flare and understated elegance, with a glass-enclosed rainfall shower and multiple niches.
Conveniently located steps from fine dining, neighborhood classics like ABC Kitchen, the Gramercy Park Hotel, the recently opened Freehand Hotel, and Maialino are all close by. Additionally, grocery stores and go-to coffee shops like Westside Market and Irving Farm are within a stone's throw.
The Sage House features a 24-hour doorman and live-in resident manager. The building is pet-friendly, allows up to 80% financing, permits pieds-a-terre and gifting, along with subletting after 1 year of ownership with board approval. The building also has a laundry room, bike room, and additional storage available on a fee-basis. Guarantors and parents purchasing are not allowed.
Located from 24th St. to Union Square, and from 5th St. to 1st Ave., this chic neighborhood was once home to Edith Wharton, Theodore Roosevelt, and Eugene O’Neill. The Gramercy neighborhood surrounds the only private park in New York, Gramercy Park, positioned between 20th and 21st streets. One look through Gramercy Park’s high railings will reveal a spacious garden and beautiful statues. One notable statue is of actor Edwin Booth in the role of Hamlet. In 1888, Booth founded the influential Players Club at 16 Gramercy Park. Beyond the Players Club, Gramercy is also home to many great restaurants and shops.
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