Welcome home to this extra large alcove studio, which can easily be converted into a one bedroom. This spacious apartment has been fully renovated with a new kitchen, bath, flooring, and custom storage. The generously sized layout creates a comfortable living room, separate dining and sleeping area, as well as space for a desk for those who work from home.
The entry foyer offers four deep closets for ample storage. The kitchen has been updated with modern finishes, featuring high-end stainless-steel appliances and brand new countertops. Pass through the dining area to a large, open, and bright living space, allowing for a large sofa and home office. Located in the rear of the building, the apartment has northern exposures letting in an abundance of sunlight. A wall of windows provides the perfect backdrop with a tranquil and tree-lined, courtyard view.
The alcove area is flooded with natural light and is currently being used as a bedroom. It can easily fit a queen-sized bed with furniture and can be divided by a bookshelf or pressurized wall to allow for the privacy of a true one bedroom. From the bedroom space, pass through the dressing area with two closets and a makeup vanity to reach the fully upgraded bathroom.
This modern high rise in Gramercy Park features a garage that has a direct entrance into the recently renovated lobby. There is a full-time doorman and excellent staff. The recently updated laundry room is available for use along with storage units and bike room. Pied-a-terres, co-purchasing, gifting, and parents buying for working children is welcome. They also love pets. Surrounded by many parks, grocery stores, shopping, nightlife and the Union Square subway hub, this apartment is located in one of the best areas Manhattan has to offer. There is also a limited sublet policy with board approval.
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