NEW PRICE $5, 900, 000
BEST PRICE ON THE EAST SIDE
Enormous home on one floor! Spectacular river views. Approximately 5600'! Stunning prewar building. As a grand country manor, this 6 bedroom is sprawling with high ceilings, huge windows, beautiful prewar details, and two fireplaces.
Seclusion and privacy begins with the limestone Porte Cochere with circular driveway. The concierge and doorman greet you at the beautiful wrought iron doors to the stunning lobby. Before you, glass French doors open to the manicured terraced gardens.
The home maintains the proper sequence of rooms from the entry to the grand center gallery. The majestic living room, nearly 28' x 20' with floor to ceiling windows, library, and primary suite all face the river with approximately 60' of frontage. The five to six secondary bedrooms wrap from the north to the west sides of the home with views over Sutton Gardens to the treetops of Sutton Place South. There are five full bathrooms. The formal dining room and massive kitchen look to the gardens and river. Sunlight fills every room. At night are the twinkling lights of the 59th Street Bridge in the distance. The private gardens and new Sutton Place promenade completely obscure the view and sounds of the FDR.
This home needs a renovation. There are HVAC units, C/A permitted with approval. Please contact us for more details.
Sutton Place was developed to be a quiet enclave which it continues to be to this day. In the last 2-3 years, it has become the first-choice neighborhood for many discerning buyers seeking an escape from the rush and cacophony of the city, easy access out of the city to the Hamptons and both Kennedy and La Guardia Airports. Within 1-4 blocks are lovely restaurants and cafes, all of life's amenities, Wholefoods, and the infamous 57th Street crosstown bus to the West Side. Check out the passengers in evening wear, on their way to Carnegie Hall and Lincoln Center. Of course, there is the private driveway for your car and driver.
Candela building, built in 1927, permits 50% financing. Maintenance paid quarterly. 3% flip tax. Pets permitted. Amenities include garden with private and comfortable areas to relax, and a private gym. Storage bin transfers with sale.
LISTING FEATURES
2 Fireplaces
Water Views
River, Garden & Park Views
Juliet Planting Balconies in Living Room
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $4,720,000 | $4,720,000 | $4,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,545 | $29,834 | $39,830 |
Total Monthly Payment | $27,670 | $29,959 | $39,955 |
* 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.