347 East 53rd Street, #LA, New York (Sutton Place), NY, 10022 | $475,000

A unique opportunity to own a one bed one bath unit that can be used as aresidential space or as an office spacein a very desirable midtown east side location on a lovely tree-lined street, with excellent transportation. At the moment, the apartment is configured and used as a dentist's office.
Residential space (One bed One bath) :
Spectacular gut renovated, beautiful sun-filled 1-bed, 1-bath apartment located in the heart of Sutton Place has south-facing exposures with open city views that allow abundant light throughout the day. The renovated kitchen makes optimal use of its custom cabinetry, complemented by granite countertops and stainless-steel appliances including a stainless steel dishwasher. The wood floors and sleek renovated bathroom add to the contemporary feel of this unit.
Commercial space:
This bright, sunny office is perfect for dental, psychotherapy, medical, lab or for any other professional use. With an unbelievably low maintenance, this office is a better value than renting! A must-see to appreciate this ground floor well priced space. 1 Exam Room 1 Consult Room Reception/admin En Suite Full Bathroom. Low maintenance and 75% financing allowed.
Situated in an extremely desirable Midtown East location near Whole Foods, Trader Joe and a lot of restaurants, shops and transportation (right near the E/M/6 subway station and close to the 4, 5, N, R, F trains), this apartment truly makes the perfect home or a perfect commercial space.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 10
  • Amenities: Bike Room; Garden; Laundry Room; Private Storage;
  • Rooms: 3
  • Baths: 1 full
  • Year Built: 1961
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Video Intercom
  • LobbyAttendant: No
  • OLR#: RPLU33423010448
  • Days on Market: 227 days
  • Website: https://www.raveis.com
    /prop/RPLU33423010448/347east53rdstreet_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 Corcoran Group

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NMLS Mortgage Loan Originator ID 1880936

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347 East 53rd Street, #LA, New York (Sutton Place), NY, 10022

$475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,625 $2,560 $3,232
Total Monthly Payment $2,700 $2,635 $3,307

* 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.