Located in the prestigious One Sutton Place South, this sprawling and beautifully renovated four bedroom apartment boasts magnificent room proportions, shimmering East River views, abundant natural sunlight, soaring ceilings heights, and a spectacular layout for entertaining. Apartment 11A is not your typical A line. With nearly 4800 gross square feet (per draftsman), the apartment features three bedroom suites with an abundance of closets (the current dressing room to the primary bedroom could easily be a fourth bedroom), five full bathrooms, a home office, a cozy den, as well as a chef's eat-in kitchen, a stately formal dining room, and the impressive 30x20 foot corner living room facing East onto the River and North with views of the 59th Street bridge, and gorgeous green garden courtyard below. The apartment also has a large entrance hall as well as a 10x20 foot gallery, both adding to the overall sense of grandeur of 11A.
The apartment is superbly appointed with immaculate wood floors, new windows, through wall air conditioning, custom closets, exquisite details and moldings. There are three original fireplace mantles in the living room (wood-burning), dining room and primary bedroom. The eat-in kitchen features a Subzero refrigerator, two Wolf ovens, a six burner Viking range, Marvel wine fridge, and Liebherr mini fridge for drinks, and a stacked washer/dryer.
One Sutton Place South is a magnificent example of master architect Rosario Candela's superior and sophisticated talent. Architecturally flawless, this 1927 white-glove cooperative has a grand triple-arched recessed porte-coch re and a tiered riverfront private garden. Additional amenities include a state-of-the-art fitness center and dedicated storage. The lobby has just been renovated. Impeccable service includes full-time doormen and live-in resident manager. Pets are welcomed. 50% financing allowed and there is a 3% flip tax.
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William Raveis Real Estate
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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 | $4,760,000 | $4,760,000 | $4,760,000 |
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 | $27,778 | $30,086 | $40,168 |
Total Monthly Payment | $27,903 | $30,211 | $40,293 |
* 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.