Enter this beautifully proportioned and extraordinarily special Sutton Place Maisonette, either through the gracious lobby or from the private street entrance on East 57th Street, to a serene and sophisticated home. Both the octagonal entry Foyer of the private entrance, or the stately Gallery from the building Lobby lead you to a step-down south-facing Living Room of grand proportions, anchored by an elegant fireplace and embellished with beautiful moldings, arched doorways, custom millwork, and original herringbone wood floors. The 30-foot room evokes a feeling of grand living, only enhanced by the mirrored steel doors and windows connecting it to a gorgeous square formal Dining Room with a glass ceiling, intricate wainscoting, and walls adorned by cheerful hand painted de gournay wallpaper. Also facing south on this level is the handsome wood-paneled Library, with a second fireplace and en-suite bath of antique marble. This room could be used as a second Bedroom, should that suite one’s needs. Across the Gallery, and adjacent to the large Dining Room, is an eat-in Kitchen, which features custom cabinetry, stainless steel appliances by Viking and Sub-Zero including a wine refrigerator, and a laundry and large storage space. Upstairs there is a large south-facing Primary Bedroom Suite which includes an Office or Sitting Room separated by French doors, a Dressing Room, an enormous marble Bathroom, and a small Terrace. Additional features of this special property include central air conditioning, custom millwork throughout, arched ceilings and doorways, and a sound system. It is a perfect residence or luxurious pied-a-terre. 455 East 57th Street was built in 1927 By Kenneth Murchison in the Neo Renaissance style and converted to cooperative ownership in 1957. This white glove cooperative has a canopied entrance and a beautiful black and white marble floor. The building stands 16 stories with 47 apartments. Residents enjoy private storage, bike room, laundry room, and a live-in resident manager. The building permits pets and pieds-a-terre. 70% financing is permitted and there is a 2% Flip Tax payable by the purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,085 | $9,982 | $13,394 |
Total Monthly Payment | $9,210 | $10,107 | $13,519 |
* 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.