Available for immediate occupancy, Penthouse 48 is a spectacular, one-of-a-kind full floor residence that offers expansive living and breathtaking vistas of New York City's most iconic landmarks. Designed by celebrated and award-winning architect and designer, Thomas Juul-Hansen, PH48 offers graciously appointed materiality in a residence of unparalleled proportion.
Penthouse 48 is a four-bedroom, three-and-a-half-bathroom residence featuring 4, 765 square feet of interior space accented by southern, eastern, northern, and western exposure. Direct elevator entry leads into this expansive home, which offers unmatched views of The Empire State Building, Chrysler Building, Central Park, George Washington Bridge, and beyond. The dramatic entry gallery leads to a gracious great room that boasts southeastern exposure and floor-to-ceiling windows. A north-facing kitchen with adjacent dining room offers a Statuarietto marble island and Italian custom-crafted matte lacquer white cabinetry adorned with Sub-Zero and Wolf appliances. A formal dining room is adjacent to the kitchen and offers northeastern exposure.
The northwest-facing primary bedroom boasts ample closet space, an en-suite bathroom elegantly ornamented with Bianco Dolomiti and Calacatta Gold marble, Toto Neorest water closets, and a soaking tub. The secondary bathrooms are embellished with Italian custom-crafted lacquer wood vanities, honed cloudy mist marble floors and shower walls, glacier white corian countertops with integral sinks, and duravit water closets. Waterworks fixtures are throughout. Residence features include 5" solid oak plank quartered and rifted flooring, 4 pipe HVAC for year-round climate control, and a private storage room.
Presenting the ultimate urban lifestyle characterized by wellness and convenience, The Sutton Club has amenities on four light-filled floors. Two floors are dedicated to fitness and healthful living, including a lap pool, fully equipped gym, personal training studio, infrared saunas, and a spa and treatment room. Two additional floors offer a wealth of spaces for entertaining and recreation, including a magnificent lounge and terrace, private dining room and chef's demonstration kitchen, screening room, golf/ virtual sports room, game room, and an artful children's playroom.
Exclusive Marketing and Sales Agent: Corcoran Sunshine Marketing Group. The complete terms are in an Offering Plan available from the Sponsor, Sutton 58 Holding Company LLC, 101 Park Avenue, 11th Floor, New York, NY 10178 under File No. CD-210271. Property Address: 430 East 58th Street, New York, New York 10022. Equal Housing Opportunity. Corcoran Sunshine Marketing Group fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $12,800,000 | $12,800,000 | $12,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $74,697 | $80,905 | $108,014 |
Total Monthly Payment | $74,822 | $81,030 | $108,139 |
* 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.