Recent sales activity of 2-bedroom units reflect the need for comprehensive renovations.
Impeccably updated Sutton Place Pre-War Pied--Terre on High Floor offers amazing value. This pristine, inviting, south-facing prewar 2-bedroom, 1-bathroom residence is a haven of refined taste and modern convenience. Flooded with natural sunlight, the home features period details and a flexible layout designed to accommodate work from home, intimate gatherings, weekend guests or larger scale receptions.
The ultra-practical designer kitchen features honed marble countertops and custom cabinetry with top-of-the-line appliances. The updated elegant full bath with glass tiles, a Toto tub/shower combination with Beekman shower head, and Kalista faucets seamlessly blend classic style with modern functionality. The in-unit Bosch washer and fully vented dryer adds a touch of everyday luxury.
Entertain with grace in the living room, where French doors open into a versatile second bedroom, currently configured as a den. This space flows effortlessly into a potential home office or dining area, offering endless possibilities. Custom moldings and recently refinished hardwood floors enhance the apartments period charm, while the fully restored and working wood-burning fireplace serves as a stunning focal point, the perfect hearth for winter nights.
Throughout the apartment, walls have been expertly skim-coated and painted, ensuring a pristine and polished aesthetic. The primary bedroom features built-in storage solutions, maximizing both space and functionality. Ample closet space throughout the home provides practical yet stylish storage.
Situated at the prestigious 345 East 57th Street, a white-glove building crafted by renowned architects Schwartz and Gross in 1929, this residence offers unparalleled service and amenities. The pet-friendly coop offers a 24-hour doorman, a resident manager, and a private storage bin that transfers with the apartment. Pied-a-terres are welcome, and up to 75% financing is available. A 2% flip tax is split 50/50 between the buyer and seller.
Enjoy the neighborhood convenience of Whole Foods, fine dining, exclusive shopping, and extensive transportation options. This inviting home represents an exceptional opportunity to own a piece of New York City's storied history.
The listing agent has an ownership interest in the apartment.
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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 | $959,999 | $959,999 | $959,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,526 | $6,068 | $8,101 |
Total Monthly Payment | $5,651 | $6,193 | $8,226 |
* 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.