SUTTON PLACE BEAUTY!
The coveted H line is the quintessential Sutton Place residence, offering a gracious layout with a sweet Terrace facing a quiet east garden view which overlooks the River. This lovely split 2-bedroom, 2-bath home, enjoys sun-filled East exposures that ensure year-round sunshine. The H line is a wonderful layout, with a rare, genuine formal dining room (easily seats 8-10) that is perfect for entertaining. The sun-splashed living room offers gleaming wood floors overlooking your own private TERRACE and is spacious enough to accommodate two seating areas or a piano! The windowed Kitchen offers ample cabinetry and counter space and enjoys a cozy windowed seating area. The tranquil primary suite offers an en suite bathroom and huge walk-in closet. The second bedroom can be the perfect home office. This home enjoys a welcoming foyer, the option to install a washer/dryer, abundant closets and gleaming wood floors.
Sutton Place is a peaceful River enclave right in the heart of Manhattan. The nearby Bridge makes for an easy commute out east to Long Island or to Connecticut, and the neighborhood is a walk to work for those who commute to Midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive makes for a quick Uber ride to Wall Street. The location offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as La Villetta, Mr. Chow's, Morso, Bistro Vendome and Neary's, which are neighborhood favorites. Sutton Place also has a number of "pocket parks" and you can enjoy a bike ride or stroll along the new, adjacent, two-mile long East River Esplanade.
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. This impeccably maintained coop, often dubbed "The Best of Sutton, " enjoys excellent financials, having completed all major work, from the new lobby and hallways to new roof deck-a perfect home for enjoying the singular beauty and serenity of Sutton Place.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,157 | $8,304 |
Total Monthly Payment | $5,803 | $6,282 | $8,429 |
* 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.