THE RARE TRIFECTA OF GREAT SPACE, TRANQUILITY AND AN AMAZING PRICE!
This gracious 2-3 bedroom, 2. 5 bath home will satisfy those with a discerning eye for style and value. One of a kind--created by the building's developer for himself---this Special B line enjoys a flexible yet traditional layout with great light and open views from its 16th floor vantage point. The seller has enjoyed this well-loved home for decades but it is in excellent condition - midcentury modern afficionados will be thrilled by the fabulous tiled primary bathroom and the sleek built-ins - so you can move right in or bring your contractor to create the home of your dreams. As you enter the apartment, the spacious Gallery sets the tone. Entertaining is seamless in the massive Great Room (almost 500 square feet!) which enjoys two seating areas, a decorative fireplace and six large windows overlooking tranquil Sutton Place. The oversized windowed chef's kitchen has abundant cabinetry and counter space, plus a dining area for four. The corner formal dining room (which could easily serve as a third bedroom) seats 8-10 and enjoys charming Sutton Place views, the perfect setting for delicious meals and scintillating conversations. The tranquil primary bedroom suite has two large walk in closets and an en suite bathroom with two sinks. Currently configured as a designer den, the second bedroom can easily function as a great bedroom or office. A powder room is conveniently located off the gallery. Ample closet space and the ability to install an in-unit washer/dryer complete this exceptional residence.
This apartment represents an excellent value in today's market. (A renovated lower floor apartment with similar square footage just sold for $3MM/$1, 578 psf). Renovations require board approval but the co-op welcomes renovations and allows in-unit washer/dryers.
45 Sutton Place South, also known as Cannon Point South, is a white glove full-service luxury cooperative with 24-hour doorman and concierge services, supremely attentive resident manager, an elegant lobby, a roof top pergola garden, fitness center, package room and garage. Maintenance includes utilities (electric and gas), and the co-op permits 50% financing. A 2% flip tax is payable by the buyer. Pied-a-terres are subject to board approval. Sorry no dogs.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, featuring the newly-opened East River Esplanade. Convenience abounds with the adjacent 59th Street Bridge nearby making for an easy commute out east or Connecticut, and the neighborhood is 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. There is close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow's, Morso and Bistro Vendome, which are local favorites, as well as a number of small specialty shops. Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade just outside your door!
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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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,503 | $6,043 | $8,067 |
Total Monthly Payment | $5,628 | $6,168 | $8,192 |
* 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.