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Exquisite 2-Bedroom, 2-Bathroom Sutton Place Co-op with Stunning Views and Classic Charm. Step into this magnificent 10th floor, Sutton Place pre-war co-op and experience this remarkable home. This spacious two-bedroom, two-bathroom residence exudes a timeless elegance. Highlights include stunning herringbone floors throughout, high ceilings, and original casement windows, which flood the home with natural light throughout the day. With multiple exposure, the apartment offers sweeping views of the Manhattan skyline, East River, and 59th Street Bridge. The entry foyer leads to a sunken living room, complete with a fully functioning wood burning fireplace with stunning mantle piece. Ascend 3 steps through an arched doorway to reach the bedroom quarters. Both bedrooms feature en-suite bathrooms, each with full sized soaking tubs. The kitchen is equipped with stainless steel appliances, gas stove, dishwasher, granite countertops, and a gorgeous black tile backsplash. Located at 400 East 59th Street, this well-regarded and established co-op features a full-time doorman, elevator, live-in super, bicycle room, and a landscaped courtyard. Maintenance includes ELECTRICITY CHARGES and basic cable, providing significant monthly savings. The building is pet-friendly and allows 75% financing. Pied-a-terres, co-purchasing, and guarantors permitted. Situated in the desirable Sutton Place neighborhood, the building is only a few short blocks from the 4/5/6 at 59th & Lexington and the Q & F trains at 63rd & Lexington. . Enjoy the convenience of nearby Flagship Trader Joe's, Whole Foods, and the East River walking promenade, ideal for leisurely strolls and outdoor activities. This unique property combines classic pre-war elegance with modern conveniences, creating a truly exceptional living experience. Don't miss the opportunity to call this stunning co-op your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,679 | $6,068 | $8,231 |
Total Monthly Payment | $5,804 | $6,193 | $8,356 |
* 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.