425 East 58th Street, #12EF, New York (Sutton Place), NY, 10022 | $5,500,000

Live your Manhattan dream in luxury! This 4, 400 square foot apartment combines unmatched views with premium finishes. With 4 to 5 spacious bedrooms, 5. 5 baths, and 4 walk-in closets, its recently completed, high-end renovation provides the warmth of home above the heartbeat of the city.

Just beyond the private entry across from the elevator, you're greeted by a stunning zircote installation that contains a fireplace. The tone of elegance expands outward into the living room with several seating areas which are bathed in natural light. Beyond the brand-new tilt-and-turn windows that face north, west, and east, you enjoy stunning sunrises, sunsets, and sweeping cityscapes. The crown jewel of your city view is the Queensborough Bridge, which is one block away, and whose Art Nouveau-styled spires not only enhance the apartment's aesthetics, but also signal your portal to the Hamptons in the summer.

Throughout this expansive oasis, 8-inch white oak plank floors lead to rooms that work in concert to provide you with a sense of timeless sophistication. Sleek pocket doors open into the media room, which is adorned with rich ebony built-in cabinets. A dedicated AV closet provides seamless control of the audio entertainment throughout the entire apartment, which is wired with speakers and a Sonos system. This apartment's ability to entertain is enhanced with an open wet bar, which has a Sub-Zero wine cooler.

The dining room features large, finely crafted eucalyptus cabinets. The eat-in kitchen is dazzling, with a massive island and top-tier appliances. These include: a 36-inch Sub-Zero refrigerator, a 24-inch Sub-Zero freezer, an additional Sub-Zero ice maker, and a Wolf oven and cooktop. There is also a Miele dishwasher and microwave. Beyond the kitchen, there is a laundry room with storage space and a Miele washer and dryer. The laundry room is across from a bathroom and can easily be converted into staff quarters.

The living room opens up to a large terrace where you can sip your morning coffee, enjoy a cocktail, or simply relax and breathe in the fresh air.

The primary bedroom is palatial, blending serenity and luxury. It contains two exceptionally large walk-in closets and a primary bath that features a glass-enclosed shower, a jetted bathtub, dual vanities, and a wall-mounted Toto toilet.

The Sovereign is set amid the tranquility of Sutton Place, offering parks by the river. It provides access to the 59th St. Bridge, the RFK Bridge, fine dining, luxury shopping locations like Bergdorf Goodman and Bloomingdales, and conveniences like Home Depot and Trader Joe's. Whether you are seeking a primary home or a pied- -terre, Apartment 12EF will ensure you live the life of your dreams!

Key Features:

  • Pets are welcome
  • A team of 24/7 doormen and porters to cater to your every need
  • Personalized concierge mail service
  • Full-service onsite garage with 24/7 valet parking, including chargers for electric cars; parking space guaranteed for shareholders at $556 per month
  • State-of-the-art windowed fitness center
  • Private climate-controlled storage
  • Onsite management team
  • Assistance with printing, shredding, faxing, scanning, emailing, FedEx services, and an in-house notary for your convenience.
  • Trusts & guarantors permitted
  • Pied- -terre permitted; LLC's considered on a case-by-case basis
  • Washers and dryers in each residence
  • A complimentary bike room
  • 65% financing

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 48
  • Amenities: Bike Room; Driveway; Garage; Garden; Fitness Room; Laundry Room; Valet; Private Storage;
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Complex: Sovereign, The
  • Year Built: 1974
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123258847
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RPLU5123258847/425east58thstreet_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

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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425 East 58th Street, #12EF, New York (Sutton Place), NY, 10022

$5,500,000

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 $4,400,000 $4,400,000 $4,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,983 $27,092 $36,538
Total Monthly Payment $25,108 $27,217 $36,663

* 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.