New York (Sutton), NY, 10022 | $1,195,000

THE BEST OF BOTH WORLDS! RIVER VIEWS AND CITY VIEWSI COVETED MANHATTAN LIVING WITHOUT THE HUSTLE AND BUSTLE Experience the distinction of luxury living at 25 Sutton Place South, Apartment 7J (1, 700 sq. ft. +/-) where the allure of the New York Cityscapes meets the tranquility of Riverside Views! Step into this remarkable property of which there are only two lines in the building. Located in the Sutton Place enclave, renowned for its peaceful ambiance and timeless charm, this residence offers a unique living experience. As you enter this expansive two bedroom haven, bathed in sunlight, you will immediately appreciate its seamless blend of openness and sophistication. Revel in the captivating views of the East River from the living room and primary bedroom and enjoy the enchanting sight of Sutton Place from the dining room and secondary bedroom. It is the harmonious convergence of two worlds! The foyer gracefully leads into a spacious living room providing ample freedom to accommodate a dining area should you wish to transform the formal dining room into a spacious additional bedroom. The primary bedroom features panoramic East River vistas, features an en-suite bathroom. The generously sized second bedroom ensures comfort and versatility. There is abundant closet space throughout the apartment. Indulge your culinary skills in the eat-in kitchen, replete with ample storage space. A secondary entrance adds a touch of practicality. Bring your architect/designer to transform this apartment from its original state to one that is customized for you and tailored to your taste. Residents of this prestigious white gloved building enjoy a multitude of amenities, including a 24 hour doorman, concierge, attended package room, fully equipped gym, two laundry rooms, a bicycle room, storage space (waiting list), and a convenient garage that offers discounted rates for residents. There is a beautifully landscaped patio overlooking the East River. The reasonable maintenance includes gas and electricity. There is also a discounted package for internet, cable and telephone services. Financing 50%, 2% flip tax is paid by buyer. While cats are welcome dogs are not permitted. Washer/Dryers not permitted. The Apartment is a Must See!!!

Features

  • Town: New York
  • Levels: 21
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 200.83 x 225.0
  • Laundry: Common On Floor,Common Area
  • Complex: Cannon Point North
  • Year Built: 1959
  • Common Charge: $3,029 Monthly
  • Est. Taxes: $0
  • View: City,River,Water
  • Pet Policy: Building Cats OK,Cats OK
  • Appliances: Dishwasher
  • MLS#: PRCH-7852920
  • Days on Market: 266 days
  • Website: https://www.raveis.com
    /prop/PRCH-7852920/25suttonplaces_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 Sotheby's International Realty, Inc.   Phone: (212) 606-7660

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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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860.690.5052

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Our Insurance Division:

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New York (Sutton), NY, 10022

$1,195,000

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 $956,000 $956,000 $956,000
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 $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,428 $5,964 $8,003
Total Monthly Payment $5,553 $6,089 $8,128

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.