420 East 55th Street, #8U, New York (Sutton Place), NY, 10022 | $595,000

With exacting detail, the current owner of 8U completely renovated this junior one bedroom. As the kitchen is the heart of the home, it needs to be inviting, functional, and beautiful. The kitchen in 8U surpasses expectations on every level. The abundant handcrafted cabinetry in oxblood lacquer finish with brass inlay, Carrera marble countertops/backsplash, and high-end appliances will enhance the culinary skills of the most discerning chef. Included are a vented 36" Wolf stove, Miele refrigerator, Miele freezer, Wolf microwave drawer, Thermador dishwasher, and wine fridge. In addition, the renovation includes herringbone pattern white oak floors throughout, custom storage closets in the sleeping area, and additional storage within the radiator covers. With a wall of windows, the living area optimizes the space with a designated dining area. The renovated marble bathroom, with a stall shower, was completed with the same attention to detail and design. This unique home is perfect for the Martha Stewart in all of us. . . just bring your whisk!

Sutton Gardens is a well-run full-service cooperative. This 120 unit, 12 story building, features a resident manager, full-time doorman, two laundry rooms, private storage, and on-site garage. The building allows 80% financing, pied-a-terre ownership, pets and subletting. Convenient to the restaurants, public transportation, Whole Foods and Trader Joe's, as well as the newly opened East River Esplanade.



Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 12
  • Amenities: Garage; Garden; Laundry Room; Cold Storage; Private Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Sutton Gardens
  • Year Built: 1956
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU21923237594
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /prop/RPLU21923237594/420east55thstreet_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 Brown Harris Stevens

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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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420 East 55th Street, #8U, New York (Sutton Place), NY, 10022

$595,000

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 $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,167 $3,164 $4,081
Total Monthly Payment $3,259 $3,256 $4,173

* 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.