** FIRST SHOWING WILL BE JAN 12TH FROM 11: 30 AM - 1: 00 PM BY APPT** Welcome to Unit 7C at 411 East 57th St, situated in the heart of Sutton Place, one of Manhattan’s most desirable neighborhoods. This bright, alcove studio (flex Jr. 1BR) features recently refinished hardwood floors and freshly painted walls. The approximately 570+ square foot home offers a generous living and dining area, sleeping nook, entrance foyer and separate kitchen. Upon entering the home, you’ll have plenty of space to hang your coat and drop your bags in one of the two generous closets. The efficient kitchen features stainless steel appliances, a built-in countertop area and clean white cabinetry. The 20-foot long living area serves as the centerpiece of the home, accommodating oversized seating and an office and dining area. Built-in shelves and nooks throughout optimize storage, keeping the home organized and inviting. The north-facing windows allow for a pin-drop quiet existence. The alcove sleeping area offers ample space to comfortably fit a queen-sized bed and two nightstands, with the flexibility to convert into a junior 1-bedroom (see alternate floorplan). Completing this thoughtfully designed property are a full bathroom and two spacious closets, providing abundant storage solutions. 411 E 57th St is a full-service co-op offering a host of amenities, including: a full-time doorman, live-in superintendent, package room, laundry facilities, resident storage, bike room and a roof deck with expansive city views. This building is pet-friendly and welcomes pieds-à-terre, guarantors, co-purchasing and gifting, upon Board approval. No flip tax. Excellent dining options, shopping, Whole Foods and Trader Joe’s markets are in close proximity. You have easy access to Sutton Place Park and the newly extended East River Esplanade. Convenient public transportation nearby includes the 4/5/6, E, M trains and the crosstown M57 and M31 bus service. Note: The photos are virtually staged.
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$379,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $2,043 | $2,600 |
Total Monthly Payment | $2,092 | $2,118 | $2,675 |
* 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.