Experience the epitome of refined living in this exquisite duplex penthouse at Sutton Place South. Situated within one of Sutton Place's superior pre-war white glove cooperatives, this superbly renovated residence offers 4-bedrooms, 4-bathrooms, and 2 half-bathrooms. Boasting panoramic exposures and an expansive wrap-around terrace, this sun-kissed aerie is one of the crown jewels of this tony enclave. Upon entry from the semi-private elevator landing, an impressive 29-foot entrance gallery leads to spacious, welcoming rooms, perfect for entertaining. The commodious living room, featuring a wood-burning fireplace and breathtaking east and south-facing views of the East River, sets the stage for elegant gatherings. The formal dining room, adorned with floor-to-ceiling French casement doors, offers an exquisite setting for hosting guests. The paneled library, with a second wood-burning fireplace, is a warm and comfortable retreat. The chef's kitchen, appointed with professional-grade appliances and an abundance of space, doubles as a social hub and casual dining area. The expansive wrap-around terrace, accessible from the living room, dining room, and library, presents stunning city and river views. With two dining areas and lounge seating surrounded by lush, mature plantings, it's the perfect setting for alfresco entertaining. A stately curved staircase with its original wrought iron balustrade leads to the lower level, where the beautifully proportioned corner primary bedroom awaits, offering views of the East River, a spacious en-suite bath, and plenty of closet space. Three additional generously sized bedrooms, two with en-suite baths and one with an adjacent hall bathroom, provide comfort and privacy. This sun-flooded home boasts central air conditioning, an integrated sound system, high ceilings, and traditional moldings. Designed by renowned architect Rosario Candela in 1929, 14 Sutton Place South also offers a full-time doorman, a resident manager, gym, bikeroom and a deeded private storage unit. Pets, pieds-a-terre, and 50% financing are permitted. There is a 2. 5% flip tax. Indulge in an unparalleled lifestyle at this exceptional Sutton Place residence, where elegance and sophistication converge to create an extraordinary living experience.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $7,600,000 | $7,600,000 | $7,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $44,352 | $48,037 | $64,133 |
Total Monthly Payment | $44,477 | $48,162 | $64,258 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.