Exceptional Classic 7 fashioned in a timeless aesthetic. Enter this elegant prewar home replete with architectural details from a semi-private landing leading to an impressive gallery. Flooded with northern light, the grand living room features an open view and a wood burning fireplace enclosed in a majestic hand carved mantle and built-in bookshelves. An ideal venue for entertaining, enjoy a spacious formal dining room and a top line renovated windowed kitchen + butler’s pantry outfitted with a Sub-Zero refrigerator, Viking stovetop, Viking double ovens, Miele dishwasher and a Miele W/D (vented). The staff room currently serves as a cozy den/guest suite and could easily transform into a cheerful home office. The corner primary bedroom has two exposures, a walk-in closet, built-in bookshelves and an ensuite bath. Two spacious south facing secondary bedrooms are flooded with light and share a pass-through bathroom. Additional highlights of this move- in ready home include immaculate hardwood floors, ample closets and through the wall air conditioning in every room. A large storage unit in the basement transfers with the apartment. Sophisticated elements and graceful fixtures are the hallmark of this inviting expansive residence ideally located in the heart of the Sutton Place neighborhood close to Whole Foods, Trader Joe’s, and Sutton parks. 350 East 57th Street is an impeccably run full-service pet friendly boutique cooperative with a resident manager, 24-hour doorman, an extraordinary planted roof garden with Georgian brick arches and fluted columns and a large roof deck suitable for parties. Pieds-a-terre ok, 50% financing permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,749,000
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 | $1,399,200 | $1,399,200 | $1,399,200 |
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 | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,835 | $8,615 | $11,619 |
Total Monthly Payment | $7,960 | $8,740 | $11,744 |
* 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.