300 East 55th Street, #5F, New York (Sutton Place), NY, 10022 | $1,400,000

THIS MOVE IN READY, FABULOUS 1121SF SUN-DRENCHED SOUTH/EAST 1 BEDROOM 1. 5 BATH at the 5 Star full service Milan Condominium is a must see. This home is designed with all of the luxuries of modern living. Filled with natural light through floor to ceiling windows in every room that wrap south and east, a spacious 1818 living room, spa bathrooms and designer kitchen makes this wonderful for entertaining. The sleek kitchen is designed with Poliform cabinetry, Miele and Viking appliances, stone countertops and counter seating. Enter your sun-flooded private oversized master suite bedroom which easily accommodates a California king size bed, double South East exposures and 3 custom closets including a massive walk-in closet. Lavish waterworks spa 5 fixture bathroom with double sinks, a separate shower stall, deep soaking tub and powder room. A gracious foyer, new LG vented washer dryer, individual climate control, 4 custom closets and tree top views complete this gem. The Milan offers discreet impeccable services including a resident manager, peaceful bamboo garden, stone lobby, private fitness center, parking garage, bicycle room, storage and pet friendly. Highly regarded as one of New York's premier building, and featured in major sitcoms and movies (Wolf of Wall Street, Larry David, Gossip Girl, Blue Bloods, etc. ) this home works for a full time residence, your pied a terre in NYC, or as a high incoming producing rental. Prime Midtown East convenient to the new amazing east river promenade, trendy restaurants, shops, Whole Foods, Trader Joes, major transportation, Fifth Avenue and Central Park. TAXES MAY BE REDUCED BY 17% if this is a primary residence.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 32
  • Amenities: Bike Room; Garage; Courtyard; Garden; Health Club; Laundry Room On Every Floor; Valet; Lounge; Party Room; Roof Deck; Private Storage; Digital TV; Business Center;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Complex: Milan
  • Year Built: 2005
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123225611
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/RPLU5123225611/300east55thstreet_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 Douglas Elliman Real Estate - Park Plaza

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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

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300 East 55th Street, #5F, New York (Sutton Place), NY, 10022

$1,400,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.797% 6.108% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,185 $6,715 $9,226
Total Monthly Payment $6,310 $6,840 $9,351

* 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.