SUTTON PLACE BEAUTY!
Perched up high on the 15th floor, this lovely renovated 2 bedroom, 2 bath with dining room is pin drop quiet and sits atop of a beautiful white glove coop offering open views and light. Entertaining is seamless and stylish in the spacious living room which enjoys two exposures for you to enjoy a game of tennis at the private tennis club across the way. The renovated windowed kitchen enjoys beautiful new custom cabinetry, sleek countertops, and stainless steel appliances. The epitome of tranquility, the primary suite enjoys great closet space and also offers an en suite bathroom. The second bedroom, quiet and comfortable is the perfect resting place or will make the perfect home office. Three exposures, a private entry hallway (perfect for displaying art) and gleaming hardwood floors completes this residence.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, with the Bridge nearby making for an easy commute out east or to Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick Uber ride to Wall Street. The location also offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as La Villetta, Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Sutton Place also has a number of "pocket parks" and you can enjoy a bike ride or stroll along the new adjacent East River Esplanade!
50 Sutton Place South is a white glove full-service luxury cooperative with 24-hour doorman and concierge services, supremely attentive resident manager, an elegant lobby, fitness center and garage. The co-op permits 65% financing. 2% flip tax is payable by the buyer. Pet friendly too. Call today to see this wonderful home in serene Sutton Place.
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Our Executive Mortgage Banker:
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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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,769 | $5,241 | $7,032 |
Total Monthly Payment | $4,894 | $5,366 | $7,157 |
* 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.