The Apartment
Move in ready into this thoughtfully reimagined duplex apartment that effortlessly marries old-world charm with modern living. Ascend a beautifully designed 'glass' staircase that connects the levels of this unique duplex. The 13th floor welcomes you with an inviting foyer, leading to a sun-soaked living room with a fireplace. The adjacent wood-paneled dining room and library, complete with a concealed bar, offer an air of sophistication. A modern full bathroom is accessed off the dining room. The eat-in kitchen is light-filled with ample storage. Throughout the apartment, elegant crown moldings, prewar details, and exceptional flooring exude a timeless allure. The upper level (accessible via the 14th floor elevator as well) comprises two en-suite bedrooms with magnificent baths, walk-in closets, delightful lighting fixtures, and impeccably maintained details, including a second fireplace that adds to the charm of the upstairs space.
The Building
Immerse yourself in the timeless charm of this beautifully designed and meticulously preserved 1929 Rosario Candela building. Nestled within the serene enclave of Sutton Place and East 56th Street, just a block away from the East River, this cooperative building offers both tranquility and convenience. With easy access to public transportation, the recently expanded Sutton Place Park and, proximity to shopping options like Trader Joes and Whole Foods, as well as a vibrant restaurant scene, this location truly has it all. The building comprises 15 stories and 92 units, overseen by 24-hour doorpersons and an attentive live-in maintenance staff. Embracing pet owners, the building features a fitness center, rooftop garden terrace, bike room, laundry room, and private storage facilities.
Financial Details
A 50% cash investment is required.
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,237 |
Total Monthly Payment | $5,725 | $6,201 | $8,362 |
* 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.