Impeccably renovated, designer owned home for the most discerning client. Perched on the 15th floor of a lovely prewar co-op. This corner sun-filled home offers you spectacular views from all windows on the Northern, Eastern and Southern sides. This spacious, unique townhouse-like two bedroom, two bathroom home underwent a total gut renovation by a renowned interior designer who chose super high-end materials and finishes found in 10 million dollar homes. This is nicer than any new development, it’s luxurious and brand new yet it has character and originality, it a true gem and a rare find. Beautiful Brazilian quartzite kitchen counters and back splash are exquisitely harmonious with the Italian Bilotta kitchen cabinetry, Bertazzoni stove and stainless steel Bosch appliances and a gorgeous mirror not to mention sparkling river views from the window. The proper foyer is outfitted with elegant silver leaf wall paper from Phillip Jeffries that reflects the gorgeous light that is streaming in from all the windows. There are two large closets in the foyer for extra storage. The living room is a magnificent masterpiece with Ivory high gloss lacquered walls, herringbone oak floors, oversized windows, 10. 5’ coffered ceilings, 19th century French Rouge marble mantel from Waldorf Astoria framing the wood burning fireplace, rock crystal sconces, vintage Murano chandelier with beautiful and ever-changing views of the bridge, the streets, the avenues and the lovely Roosevelt Island tram in the distance passing by every so often. Primary bedroom is up the stairs and has Northern and Eastern exposures showcasing the river and the bridge. Alabaster chandelier, wool Wilton carpeting from Stark, wool drapery on brass rods and remote control blinds in every room. This room has two large closets, one being a walk in with an en-suite Carrara marble bathroom, brass vanity stand, alabaster sconce light and Phillip Jeffries textured wall covering. 2nd Bedroom currently used as a den has faux bois walls in light birch color, English block printed drapery with motorized blinds, wool Wilton carpet from Stark and has Southern exposures and an en-suite Carrara marble bathroom with a window. All new base and crown moldings, new doors and hammered brass hardware throughout. It’s a one of a kind, never used apartment that you can purchase totally furnished for $1, 995, 000 or unfurnished for $1, 795, 000 400 East 59th Street is a wonderful, full-service co-op in Sutton Place. A pet friendly full-service building, offering private storage, bike storage, and laundry facilities. With two towers, a service elevator, and passenger elevator on each side, and the friendliest staff you can find, 400 East 59th Street is a special community. Across the street from Trader Joes, and around the corner from Whole Foods, the neighborhood features tons of restaurants and amenities and public transportation nearby, this is an ideal pre-war home. 75% financing permitted. Pied-a-Terres permitted, Co-Purchasing is permitted. *MAINTENANCE INCLUDES: ALL ELECTRIC, CABLE, and HEAT! Temporary assessment of $270/month.
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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 |
|
---|---|---|---|
Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,699 | $8,460 | $11,351 |
Total Monthly Payment | $7,824 | $8,585 | $11,476 |
* 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.