Just a block from Gramercy Park, an oversized studio loft with soaring ceilings and 8-foot windows in a pre-war, full-service building. Featuring more than 12-foot ceilings at the highest point, and an incredibly rare skylight, this oversized studio looks out on to a beautiful garden. Some photos have been virtually staged.
The alcove portion of this studio can easily be altered as a bedroom or home-office setup, and an oversized walk-in closet is present right off the kitchen. A separate lofted area above the dining area can be used for additional storage or as a sleeping loft, or even can be removed to add more ceiling height and create more exposure. The unit allows for a live/work scenario, as it can be used for both residential and commercial purposes.
The Sage House features a 24-hour doorman and live-in resident manager. The building is pet-friendly, allows up to 80% financing, and permits pied-a-terres and gifting. The building also has a liberal subletting policy available 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.
Transportation access is available at the 23rd Street 6 Train stop just steps away from the building entrance. The NQRW trains are also available near Madison Square park, and the 4, 5 trains are available at Union Square Station. 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.
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