Rosario Candela Prewar Elegance with Parisian Style BALCONY
Move right into this elegant 2 bedroom, 2 bath home that will please those who appreciate a classic and well-appointed home. Perched up high on the 12th floor, one will delight in the gracious layout with BALCONY. The inviting living room enjoys gleaming original oak herringbone floors, high beamed ceilings, a wood burning fireplace and three huge picture windows with open city views and great light. Enjoy delicious meals and conversations in the dining area large enough to seat 6-8.
The impeccably designed windowed cook's kitchen has custom cabinetry, stone countertops, stainless steel appliances and even a cozy dining area. The tranquil primary bedroom suite offers two custom closets and an en suite windowed bathroom. Reminiscent of a Parisian atelier, the bright second bedroom enjoys two exposures with cast iron French doors that open to a lovely balcony offering wonderful NYC views, including One Vanderbilt. The adjacent windowed marble bathroom is conveniently accessible to the common areas of the apartment for guest use. A welcoming entry foyer, great closets, custom mouldings, and fresh neutral paint complete this exceptional residence.
Designed by famed architect Rosario Candela and built in 1929, 14 Sutton Place South is a premier full-service cooperative. Amenities include a beautifully landscaped rooftop garden, fully equipped gym, a supremely attentive resident manager and staff, large (deeded) basement storage, bike room, and central laundry. Pets are permitted with board approval. Maximum financing 50%. Excellent coop financials with no underlying mortgage - a rarity for NYC coops! 2. 5% flip tax to be paid by purchaser.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, with the Bridge nearby making for an easy ride to the airport, out east to Long Island or to Connecticut, and walkable to work for those working in Midtown, the United Nations and the medical corridor just north of the Bridge. Quick access to the FDR Drive highway makes for a smooth ber ride downtown or to the Financial District. The location also offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining, such as La Villetta, Mr. Chow's, Morso, and Bistro Vendome, which are all neighborhood favorites. Sutton Place also has a number of serene "pocket parks" and you can enjoy a bike ride or stroll along the new East River Esplanade across the street.
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,463 | $8,673 |
Total Monthly Payment | $6,007 | $6,588 | $8,798 |
* 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.