1 Sutton Place South, #4C, New York (Sutton Place), NY, 10022 | $5,900,000

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

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 14
  • Amenities: Garden; Fitness Room; Laundry Room; Common Storage; Private Storage;
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 5 full
  • Complex: One Sutton Place South
  • Year Built: 1925
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Time Doorman
  • OLR#: RPLU5122756161
  • Days on Market: 442 days
  • Website: https://www.raveis.com
    /prop/RPLU5122756161/1suttonplacesouth_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 DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

1 Sutton Place South, #4C, New York (Sutton Place), NY, 10022

$5,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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.