Located in a classic Mid-Century, luxury white glove building, this stunning, fully renovated three-bedroom, three-bathroom apartment at 50 Sutton Place South offers a blend of modern luxury and timeless elegance. Thoughtful renovations throughout the home highlight high-end finishes, including custom cabinetry, Subzero and Wolf appliances, premium fixtures, and imported Canadian Birch hardwood floors. The expansive indoor living space is bathed in natural light and the outdoor space is a wonderful full-sized balcony overlooking Sutton Place South. The oversized windows offer serene, picturesque views of the East River, walking bridge, and promenade as you can see in the photo attached shot directly from the living room of 3AB. Each bedroom is generously sized with ample closet space, while the spa-like bathrooms are fitted with designer tiles and top-of-the-line fixtures. This residence perfectly combines sophistication, comfort, and a prime location. 50 Sutton Place South is a pet-friendly building offering a host of amenities.
The friendly attentive staff, including doorman, concierge, and on-site resident manager ensure a seamless living experience. Among the amenities are a windowed gym, staffed package room, laundry room, storage and garage. With board approval, pieds-a-terre are also welcome. The building has recently updated its financing terms, allowing for 65% financing, making it even more accessible. Situated with convenient access to the East Side Drive, midtown's finest shopping, dining, and transportation, including the new Trader Joe's, this residence offers the perfect mix of luxury, convenience, and community. Flip Tax 2%. Payable By Buyer.
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$2,050,000
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 | $1,640,000 | $1,640,000 | $1,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,184 | $10,098 | $13,619 |
Total Monthly Payment | $9,309 | $10,223 | $13,744 |
* 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.