105 East 19th Street is a stately prewar cooperative where residents enjoy virtual doorman service, daytime superintendent, an updated lobby and low maintenance. This updated Gramercy one-bedroom, one-bathroom co-op is an enchanting retreat in the heart of the city. Situated on the quiet rear of the building, you'll enjoy wonderful peace and lush outdoor views in this charming, updated home. Relax in the corner living room surrounded by tall ceilings, recessed lighting, moldings and gleaming hardwood floors. Enjoy casual meals at the convenient breakfast bar, or head to your private balcony for al fresco entertaining. Wherever you land, the remodeled open kitchen is up to the task with its glass-front Shaker cabinetry, beautiful tile and stainless steel appliances, including a hooded cooktop, large under-counter refrigerators, and Bosch dishwasher and oven. The spacious king-size bedroom boasts bright windows, two closets with custom built-in shelving, you'll find a roomy third closet and a large full bath.Situated on a gorgeous tree-lined street between Park Avenue and Irving Place in Gramercy Park surrounded by the Flatiron District, NoMad, Union Square, Kips Bay and the Village this home's coveted location exceeds every expectation for Manhattan living. Here, you're close to world-class shopping, nightlife and dining, including Michelin-starred Gramercy Tavern, Casa Mono, The Clocktower and Eleven Madison Park. With both Madison Square Park and Union Square nearby, you'll enjoy fantastic outdoor space, year-round events and greenmarkets, and transportation couldn't be easier with 4/5/6, N/Q/R/W and L trains all within easy reach.Pieds--terre and subletting are permitted.
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