An Exceptional 1400sf 1 bedroom/convertible 2 bedroom residence with two full baths at the The Sovereign. Upon entering from the renovated, semi-private 23rd floor landing you are welcomed into a foyer gallery that opens into an expansive living room with stunning North and East views of the Manhattan skyline, the East River and beyond.
The home was recently gutted to the studs with the finest quality sound insulated materials and design. There are solid hardwood oak flooring throughout the apartment, state-of-the art soundproof windows, new HVAC, motorized window shades, custom, dimmable lighting and abundant storage. There is a separate dining area currently used as a TV/media room equipped with custom cabinetry and a wine cooler. A laundry room, adjacent to the kitchen, has built-in cabinets and a work station.
The open windowed kitchen features Miele and Sub-Zero appliances custom-built Poggenpohl cabinetry and crisp practical Caesarstone countertops with a glass tile backsplash. Both baths are clad in marble and stone with top-of-the-line fixtures and radiant floor heating. The expansive primary bedroom features 11 Visser custom closets, a built-in vanity/ workstation and dual blackout shades.
The Sovereign is renowned for its exceptional service and amenities. Residents benefit from 24/7 concierge and doormen, 24/7 valet parking service with direct building access, and an outstanding fitness facility on the lobby level. The Sovereign is pet-friendly and welcomes pied- -terre residents. Enjoy convenient proximity to the East River Promenade, Trader Joes, Whole Foods, fine dining and transportation. The building features a stunning lobby, bike room, and private storage is available for added convenience. LLC's are permitted on a case-by-case basis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,465 | $7,981 | $10,881 |
Total Monthly Payment | $7,590 | $8,106 | $11,006 |
* 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.