gramercy park 2br

A Gramercy Park 2BR with a formal dining room for less than half the neighborhood’s median asking price? Now that’s a Deal of the Week.

Gramercy Park feels like a little town within a huge city: Quaint side streets and elegant prewar buildings, not to mention the park itself, lend themselves to an all-around beautiful neighborhood. But luxury and style come with a high price tag — or, usually, at least. Our Deal of the Week, 210 E. 17th St. #4A, is a Gramercy Park 2BR with gorgeous details and a stellar location that stands out on the price front.

The Price: $799,900

The median asking price for a 2-bedroom in Gramercy Park is $2,150,000. That puts our Deal of the Week at less than half the median asking price for the neighborhood.

Buyers who pay the 20 percent minimum down payment of $159,980 can expect to see monthly payments of $4,454. This includes a mortgage payment of $3,107 and a maintenance fee of $1,347.

Why You’ll Love It…

The current layout of the apartment has a living room and formal dining room separated from one another via arched pocket doors. Views of charming 17th Street can be found from both, and the dining room also has lots of built-in storage space, in a wood that matches the doors and trim around the windows.

The separate kitchen has plenty of space to cook, with bright white countertops and cabinets. Stainless steel appliances — including a dishwasher — and a large window are the finishing touches. The windowed bathroom has been updated with patterned tile floors and a vanity that offers lots of storage space.

This apartment is centrally located in the Mon Bijou, a pet-friendly prewar co-op on a landmarked block convenient to Stuyvesant Park, Gramercy Park and Union Square. Plenty of restaurants, shops, gyms and grocery stores are nearby, and the N, R, Q, W, 4, 5, 6 and L trains are all a short walk away, making transportation simple.

Downtown 2BRs for Under $900K Article continues below

… And Why You Might Not

It’s worth noting that this 1903 building does not have an elevator. This apartment is located on the fourth floor, so a bit of stair climbing is in order. Perhaps more importantly, though, there is no closet in either of the bedrooms, and both are on the smaller side. The listing provides alternate floor plans for those looking to renovate, and if that sounds like you, get ready to implement your most creative closet solutions.

Check out the listing at 210 E. 17th St. #4A, listed by Nicholas Oliver of HomeDax Real Estate. 

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