SIMPLY STUNNING SUTTON PLACE!
This jaw dropping designer home was meticulously renovated to create a glamorous luxury residence that is the extraordinary embodiment of sleek, innovative, and classic design. Architecturally designed, this state of the art Junior 1 bedroom, 1 bath home will satisfy those with the most discerning eye. The epitome of chic, Residence 8U asserts itself with dramatic open ambiance and modern luxury. Perfectly perched up on the 8th floor, and at the foot of the East River Esplanade, one will delight living in this wonderful neighborhood with easy access to bike or walk along the East River enjoying extraordinary open views of the the Bridge and iconic landmarks as far as the eye can see.
Prepare to be WOWED. As you enter, you are immediately greeted with a magnificent home that exceeds all expectations. Relax in the inviting living room enjoying beautifully inlaid custom stained white oak herringbone wood floors, and a stunning 1900s antique fireplace mantel perfectly framing the warm glow of the fireplace (electric). The impeccably designed chef's kitchen is a masterful work of art with custom high gloss cabinetry adorned with hand lacquered brass trim and walnut interiors, sleek Carrera marble countertops/backsplash, a brass pot filler, farmhouse sink, a 30" Miele refrigerator, an 18" Miele freezer, a massive 36" Wolf stove and hood, Wolf drawer microwave, Thermador dishwasher, plus a wine fridge! The tranquil bedroom also enjoys wonderful custom built-ins with hand lacquered brass trim, and gorgeous French doors for privacy. The Zen inspired marble bathroom enjoys a custom hand lacquered brass floating vanity, sit in shower, and handcrafted Moroccan brass fixtures to indulge you! A welcoming gallery, gleaming hardwood floors, custom radiator cover, antique crystal sconces and chandeliers, custom closets and built-ins complete this residence. This stunning space has also been refitted with soundproofing, all new plumbing, electrical, and air systems.
420 East 55th Street is a white glove full-service luxury cooperative with 24-hour doorman, supremely attentive resident manager, an elegant lobby (which is being renovated), a landscaped courtyard and garden, two laundry rooms, storage and a garage. This apartment enjoys low maintenance and the co-op permits 80% financing, Pied-a-terres, and is pet friendly too.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, adjacent to the Bridge nearby making for an easy commute out east or to Connecticut, and walkable to work for those working in midtown, the United Nations, and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick ber ride to Wall Street. It offers close proximity to 5th Avenue, Bloomingdales, shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,029 | $3,026 | $3,913 |
Total Monthly Payment | $3,121 | $3,118 | $4,005 |
* 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.