Listing Courtesy of Douglas Elliman Real Estate
$1,395,000
Potential Rebate: $20,925
<p>Expansive Corner 2-Bedroom, 2-Bath - Easily Convertible to 3 Bedrooms</p> <p>Welcome to Residence 12H at The Peter James, a sun-filled, spacious corner apartment located in the heart of Gramercy North. This beautifully updated 2-bedroom, 2-bathroom home offers open western skyline views and a flexible layout that can easily be converted to a 3-bedroom.</p> <p>Both the kitchen and bathrooms have been recently renovated with sleek, modern finishes that strike the perfect balance between style and function. Brand-new, energy-efficient double-pane windows ensure excellent soundproofing and climate control, while the central HVAC system allows for zoned heating and cooling throughout the year.</p> <p>The Peter James is a full-service, well-maintained cooperative with an updated lobby and modernized elevators. Residents enjoy a beautifully landscaped rooftop terrace with sweeping city views, for relaxing or entertaining. Additional conveniences include laundry on alternating floors, a bike room, on-site parking (waitlisted), and a pet-friendly policy.</p> <p>Pieds-à-terre, co-purchasing, guarantors, and parental purchasing are all permitted, and the building allows up to 80 percent financing. Subletting is allowed with board approval.</p> <p>This is refined, turnkey living in one of Manhattan's most desirable neighborhoods-an ideal balance of space, light, and comfort. Please note the actual maintenance is $3,598 and listed maintenance reflects a seller concession.</p>
$9,793 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$20,925
Monthly savings impact
$58/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
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Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20040578

Compare average listing prices and value metrics for The Peter James Building against the surrounding Kips Bay market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Kips Bay price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Kips Bay.
Kips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).
\nPost-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.
\nDoctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.
\n6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.
\nEast River Esplanade. AMC Kips Bay theater.
\nBest for medical professionals and renters looking for value.

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