This stunning, 25-foot elevator home has recently been renovated to perfection. The house's entertaining spaces are grand and gracious featuring an exquisite living room with a fireplace and patio leading to the private garden, a dining room with space to host the grandest of dinners, a library, a chef's kitchen with a breakfast area, a family room with direct access to the garden, a playroom, reading alcove and media room. The private chambers includes a gorgeous full-floor master suite with his/hers bathroom and a spacious dressing room, three additional bedrooms + a guest suite with a total of 8 full and 2 half bath. In addition, there are two staff rooms with ensuite bath and a full laundry room. Other amenities include an elevator that services all floors, a wet bar, a roof terrace, 5 wood burning fireplaces, 2 gas fireplaces and high ceilings throughout the house. The home with all new mechanicals also includes a humidification system in the HVAC system.
Centrally positioned near Gramercy Park & Union Square, this prime location offers top restaurants, gourmet food stores and a lively neighborhood.
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