JUST LISTED: Prepare to be captivated by this charming studio in Sutton Place where elegance and sophistication are a match. Most furnishings, selected by a designer, can be included with the sale and include a built-in mahogany king-size murphy bed. This cozy home features two large windows allowing lots of natural light to pour in. It has a separate updated kitchen with a window, stainless-steel appliances and plenty of cabinets. The bathroom also has a window. There is a wood burning fireplace ( has not been operating for a few years and it will be the new owner's responsibility to service it - if needed-, and be responsible for its functionality). This beautiful home, has generous storage space including two walk-in closets and floor-to-ceiling custom made storage cabinets in the foyer. The photos are of the actual apartment and the furniture has been moved in the pictures to show possibilities. This impeccably maintained coop has a lovely entrance, allows 80% financing and has a 1% flip tax paid by the seller. Subletting is allowed after two years of residency with board approval and an annual sublet fee. The current owner has used this studio as a 'perfect' pied a terre for several years, and pied a terres are allowed with board approval. Storage units are available for rent on a first come - first served basis. Pets allowed only with board approval. The building has an elevator, audio/video intercom and the laundry room is in the basement. All numbers and information need to be confirmed. Located at prestigious Sutton Place, residents of 434 East 58th Street can enjoy world class shopping like Bloomingdales and be just a short distance from the East River. The proximity to most major transportation, access to FDR, Whole Foods, Trader Joe's and great restaurants, confirms that this building is right next to the BEST OF MANHATTAN LIVING. Make your appointment today and be prepared to own a piece of Manhattan!
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,939 | $1,939 | $2,523 |
Total Monthly Payment | $2,014 | $2,014 | $2,598 |
* 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.