121 East 22nd Street #N205, New York City, NY 10010
Listing Courtesy of Compass
$1,595,000
Potential Rebate: $23,925
Overview
14 FOOT LOFT CEILINGS MEETS LUXURY LIVING
BEST DEAL for a ONE BEDROOM with 14 Foot Ceilings!!
If you are looking for the MODERN day Loft on or about Park Avenue, where Gramercy meets Flatiron meets the hip Nomad, you have found a gem. Located at the crossing of the Gramercy Park and Flatiron neighborhoods, 121 EAST 22ND STREET is one of the most desirable places to live, own, or invest. Upon entering this soaring loft with 14 foot ceilings, you are greeted with a beautiful kitchen designed by one of the most sought after architects in the world OMA. The elegant kitchen is equipped with Gaggenau appliances, polished quartz counter tops, and acid-etched, back-painted glass cabinetry with custom millwork interiors. Walking past the kitchen with the open concept breakfast bar you are in the Great Room. The Great room features high ceilings, oversized windows, and wide plank, white oak floors. On the other side of the foyer you have an array of closets and the impeccable marble bathroom. The stunning bathrooms feature Calacatta Paonazzo marble counter tops, tub decks, and accent walls, and are outfitted with white oak cabinetry, polished chrome Kallista fixtures and acid-etched glass shower doors. The master bedroom is a superb size for new development and truly sets the standard high. This is truly the perfect residence to entertain, impress, relax and enjoy. ATTENTION INVESTORS!!! THIS CAN RENT FOR $7000-$7500 PER MONTH!
An Extension of your living room is right on the same floor with a beautifully designed residents lounge and out door terrace, this is open for your use whenever you'd like.
The BUILDING
121 East 22nd street is the very first residential building in NYC designed by world-renowned architectural firm OMA, founded by Rem Koolhaas. The building is located in an enclave which is usually referred to as Downtown's most desirable area which is at the crossing of the Gramercy Park and Flatiron neighborhoods. The 18-story building offers 140 residences with various layouts and a wide array of amenities. The homes range in size from studio to 5-bedrooms feature high ceilings, oversized windows, and wide plank, white oak floors. The building offers enjoy a wide array of amenities that includes an indoor pool, a landscaped courtyard, an indoor/outdoor residents' lounge, a rooftop terrace with fire pit and grill, a private dining room and catering kitchen, a fitness center, a screening room, and a children's playroom. The building also offers an automated indoor parking system, bike storage, private storage, a 24/7 attended lobby, and full concierge services.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •In Unit
- •Garage
- •High Ceilings
- •Soaking Tub
- •Dryer
- •Washer
Building Amenities
- •Garage
Estimated Monthly Payment
$10,085 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$23,925
Monthly savings impact
$66/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).
Why Buy With Us
Rebates Up To
2.5%
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Experience
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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 Compass
Data Source: TRESTLE #RLS20035720
Price Analysis
Compare average listing prices and value metrics for 121 East 22nd Street against the surrounding Gramercy Park market.
Average List Price
Price Per SqFt
18.66% Higher
than the Gramercy Park price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Gramercy Park.
Gramercy Park
Private, Exclusive, and Historic
\nGramercy Park is famous for the only private park in Manhattan. It is quiet, leafy, and incredibly exclusive.
\nReal Estate & Housing Market
\nHistoric townhouses and pre-war co-ops. Access to the park (a key) is tied to specific buildings.
\nLifestyle & Community
\nOld New York elegance. Quiet, refined, and private. Irving Place offers polite dining.
\nTransportation & Accessibility
\n6 train at 23rd. L train at 3rd Ave. A bit of a walk to the west side lines.
\nParks, Schools & Amenities
\nThe Park (if you have a key). Stuyvesant Square is the public alternative. Excellent dining.
\nWho This Neighborhood Is Best For
\nBest for those seeking privacy, history, and the ultimate status symbol (a key).
