NEW PRICE! A beautiful, gut renovated oversized 2-bedroom 2-bathroom home with views of the East River and 59th Street Bridge in a full-service cooperative with a glorious landscaped common deck on coveted Sutton Place. Low maintenance that includes all utilities - even electricity!
APARTMENT HIGHLIGHTS:
- Sundrenched Mint Condition Renovated Home
- Vistas of the East River and 59th Street Bridge
- Massive Living Room/Entertaining Space
- Windowed Kitchen with Custom Cabinetry, Stainless Steel Appliances and Dual Sinks
- Two Large Bedroom Suites in Dedicated Wings
- Primary Bathroom with Double Vanity and Soaking Tub
- Second Bathroom with Glass-enclosed Stall Shower
- Fabulous Closet Space Throughout - 8 California Closets
- NEW Tilt & Turn Oversized Picture Windows Throughout
- Built-in Designer Enhancements Throughout
ADDITIONAL UPGRADES AND FEATURES:
- Custom Designer Built-in Home Office Nook
- Wide-plank White Oak Hardwood Floors
- Through-wall Air Conditioning (concealed behind custom millwork)
- Recessed Dimmable Lutron Lighting Throughout
THE BUILDING:
Known as Cannon Point North, 25 Sutton Place South is a glorious full-service cooperative in one of New York City's most coveted residential enclaves.
Residents enjoy:
- 24-hour Doorman/Concierge
- Live-in Resident Manager
- Massive Landscaped Patio Overlooking the East River
- Fitness Room
- Central Laundry
- Private Storage
- Bicycle Storage
- Garage (preferential rates for shareholders)
NEIGHBORHOOD:
- East River Greenway: A new and stunning waterfront promenade for strolling, sitting, running or biking which runs along the river from 38th to 61st Street
- Sutton Place Parks: Parks and playgrounds from 53rd to 58th Streets with year-round activities including music performances, sing-alongs, storytelling, and holiday celebrations coordinated by the Sutton Place Parks Conservancy
- Constance Baker Motley Recreation Center: A glorious early 1900's-built indoor recreation center on 54th Street and 1st Avenue with a state-of-the-art gym, swimming pool, basketball and volleyball courts and indoor running track
- Montessori School of New York International: A wonderful Montessori school, pre-school through junior high school, on 55th Street and 1st Avenue
- Little Maestros: Early childhood infant and toddler music classes (indoor and outdoor), 2 locations each within 2 blocks!
- NY Kids Club: Preschool and play space on 55th Street and First Avenue
- FDR Drive and 59th Street Bridge entrances
- Trader Joe's on 59th Street and York Avenue/Sutton Place
- Whole Foods on 57th Street and Second Avenue
Plus countless restaurants, shopping and services!
Financing is permitted up to 50%. Pieds-a-terre are permitted but unfortunately dogs are not.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,697 | $7,364 | $9,932 |
Total Monthly Payment | $6,822 | $7,489 | $10,057 |
* 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.