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400 East 59th Street, #5H, New York (Sutton Place), NY, 10022 | $370,000
If character and grace are what you’re searching for in a studio, look no further than 5H, the final stop on your home tour! The sun shines through the south facing, picture windows, and through the tree-lined backyard, brightening this cheerful, classic, very quiet, prewar studio all day long. Setting this home apart from others are the high ceilings, elegant entry foyer, ample closets and storage space, and gorgeous herringbone floors, all with a floor plan that is thoughtfully laid out, including a wonderfully designed Murphy bed, if need be. In turn-key condition, this fabulous studio is ready to be a home or pied a terre. 400 East 59th Street is a wonderful, full-service co-op in Sutton Place. A pet friendly full-service building, offering private storage, bike storage, and laundry facilities. With two towers, a service elevator, and passenger elevator on each side, and the friendliest staff you can find, 400 East 59th Street is a special community. Across the street from Trader Joes, and around the corner from Whole Foods, the neighborhood features tons of restaurants and amenities and public transportation nearby, this is an ideal pre-war home. 75% financing permitted. Pied-a-Terres permitted, Co-Purchasing is permitted. *MAINTENANCE INCLUDES: ALL ELECTRIC, CABLE, and HEAT! Temporary assessment of $91/month.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 17
- Amenities: Bike Room; Courtyard; Garden; Laundry Room; Private Storage;
- Rooms: 2
- Baths: 1 full
- Laundry: InUnit,CommonArea,OnCommonFloor
- Year Built: 1928
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Private Courtyard : Yes
- Private Garden: Yes
- Building Access : Elevator
- Service Level: Full Service
- Doorman: FullTime
- OLR#: PRCH36910507
- Days on Market: 50 days
- Website: https://www.raveis.com
/prop/PRCH36910507/400east59thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Sotheby's International Realty, Inc.
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
400 East 59th Street, #5H, New York (Sutton Place), NY, 10022
$370,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $296,000 | $296,000 | $296,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,969 | $1,967 | $2,496 |
| Total Monthly Payment | $2,044 | $2,042 | $2,571 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535