425 East 58th Street, #14D, New York (Sutton Place), NY, 10022 | $2,250,000

Bring Your Architect and Create Your Dream Home!

Welcome to an extraordinary cooperative that redefines the concept of luxurious living, offering a lifestyle akin to residing in a 5-star hotel while seamlessly incorporating all the modern conveniences of the 21st century. Bring your designer/architect and create your dream home.
With just two spacious residences per landing, privacy and elegance are paramount for every homeowner. As you enter, you are greeted by an oversized grand foyer that exudes sophistication.
There are two expansive bedrooms, each graced with its own ensuite bath and walk-in closet, offering an abundance of storage space and privacy. The primary bedroom shines with an oversized corner window, filling the room with natural light.
For added flexibility, a 3rd guest bedroom/gym/home office awaits, complete with an ensuite bath and its own private entrance. The eat-in, windowed kitchen is a chef's dream, complete with a washer/dryer and conveniently adjacent to the expansive dining room, thoughtfully designed for seamless entertaining.
Indulge in the luxury of individual zone-controlled heating/air conditioning in each room, allowing you to create the perfect ambiance for every occasion. With air conditioning available year-round, 9-foot ceilings, generous walk-in closets, in-unit washer/dryers, and an oversized balcony, every aspect of this residence will enhance your living experience.
This is not just a home; it's an invitation to elevate your lifestyle. Immerse yourself in the epitome of luxury living, where privacy, elegance, and modern convenience harmonize to create a residence like no other.
The Sovereign is your oasis amidst the bustling city. Nestled in a tranquil neighborhood, it offers lush sanctuaries and serene moments to unwind at the end of the day. Enjoy unparalleled access to the 59th St Bridge, the RFK, fine dining establishments, luxury shopping at Bergdorf and Bloomingdales, and everyday conveniences like Home Depot and Trader Joe's, just minutes away!

Key Features:
Pets are welcome
A team of 24/7 doormen and porters to cater to your every need
Personalized concierge mail service
Full-service onsite garage with 24/7 valet parking, including chargers for electric cars; parking space guaranteed for shareholders at $556 per month
State-of-the-art windowed fitness center
Private climate-controlled storage
Onsite management team
Assistance with printing, shredding, faxing, scanning, emailing, FedEx services, and an in-house notary for your convenience
Trusts & Guarantors permitted. Pied- -terres permitted, LLC's considered on a case-by-case basis
Washer/Dryers in each residence
A complimentary Bike room
65% financing

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 48
  • Amenities: Bike Room; Driveway; Garage; Garden; Fitness Room; Laundry Room; Valet; Private Storage;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: Sovereign, The
  • Year Built: 1974
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122668638
  • Days on Market: 289 days
  • Website: https://www.raveis.com
    /prop/RPLU5122668638/425east58thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

425 East 58th Street, #14D, New York (Sutton Place), NY, 10022

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,648 $11,377 $15,434
Total Monthly Payment $10,773 $11,502 $15,559

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.