Living in Luxury. One Sutton Place South was designed in 1925 by architect, Rosario Candela and located along the East River. Apartment 6D is a classic example of Candela’s gift for designing large, gracious, elegant homes. A beautifully appointed semi-private stone Landing greets you as you step out of the elevator. This sprawling architecturally significant, two Bedroom two and a half Bath corner home features detailed custom millwork throughout, oak floors, 9ft plus Ceilings, a Wood Burning Fireplace and wonderful East River views. The grand Formal Entry Gallery leads to the large scale Dining Room/Library, featuring custom shelving and showcasing stunning views of the River and Queensborough Bridge. The Library opens to the Living Room through a wide entry, sharing those wonderful East River views plus the addition of a Western exposure, flooding the entertaining rooms with light. The Living Room’s centerpiece is a Fireplace with a classically designed stone mantle. Off the Gallery is a customized Bar and Wine Storage Room featuring a wine fridge and wine-centric shelving. A private Hallway leads to the Master Suite, offering Western views, custom built-ins and a Walk-In Closet. The Master Bathroom is accented with marble and gold finishes. An Eat-In, windowed Chef’s Kitchen includes marble counters, custom cabinetry, a Sub-Zero Refrigerator, Vented Viking Range and Miele Dishwasher and Washer/Dryer. A privately located 2nd Bedroom or Home Office, with en-suite full Bathroom completes this ready to move-in home. The Candela classic design and architecture is best described as elegant and sophisticated which compliments the history and prominence of One Sutton Place South in its entirety. One Sutton Place South was and built by the esteemed firm Cross & Cross. Completed in 1927, this highly sought after white-glove prewar cooperative is notable for its stylistically distinctive limestone clad façade. Located at the corner of East 57th Street and Sutton Place South, the 14-story architecturally significant building features a triple-arched covered port cochere driveway and also enjoys a private garden fully exposed to the East River. The fully staffed building provides tenant shareholders with a renovated private gym and individual storage rooms. 3% Flip Tax paid by purchaser. 50% Financing. Pieds-a-Terre permitted. Pets Allowed. Select photos are virtually staged.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,435 | $14,578 | $19,763 |
Total Monthly Payment | $13,560 | $14,703 | $19,888 |
* 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.