Welcome to this one of a kind 2 bedroom 2 full bathroom plus powder room condominium situated above Park Avenue South. The great living room spans just over 25 feet and has exceptional ceilings over 14 feet tall! The great room is complimented by a deep set of windows running the entire length, opening this residence to phenomenal light. A recently updated state of the art loft style kitchen sits off the great room with custom Italian cabinetry, cool stone, Sub-Zero refrigeration, wine cooler and Viking range that vents out. The bedroom wing is located on the Western portion of the residence overlooking a private courtyard with sculpture installation. Both bedrooms offer en-suite spa level bathrooms including Silver Travertine marble, dual sink, large rain head showers and a separate Kohler deep soaking tub. Plenty of closet space exists throughout the apartment. 260 Park Avenue South is a full service white glove building offering 24 hour doorman, 24 hour concierge, as well as a lower level gym, storage and two dramatic terraces. Located in one of the best neighborhoods in New York City and near all major transportation and some of the best eateries in the world, you do not want to miss out on this fantastic apartment!
The Flatiron District, named after the historical triangular-shaped Flatiron building, is a primarily commercial area yet also houses many hidden luxury apartments. The Flatiron District is bordered by nearby areas including Union Square, Greenwich Village, Chelsea and Gramercy Park. Once considered the Toy District for its popularity in housing, clothing, and toy manufacturers, it now gleans with all different arrays of businesses, retailers, and beautiful living areas. One of the most appealing aspects of this area is the central location of Madison Square Park, whose beautiful tree-lined paths and must-have Shake Shack location cannot be missed. Flatiron provides a not overwhelming dose of city hustle and bustle, making it a perfectly situated place to call home.
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