420 East 55th Street, #8U, New York (Sutton Place), NY, 10022 | $599,000

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!


Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 12
  • Amenities: Garage; Garden; Laundry Room; Cold Storage; Private Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Sutton Gardens
  • Year Built: 1956
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122962793
  • Days on Market: 174 days
  • Website: https://www.raveis.com
    /prop/RPLU5122962793/420east55thstreet_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 - Park Plaza

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 AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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

420 East 55th Street, #8U, New York (Sutton Place), NY, 10022

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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.