With over 5, 000 square feet and dazzling open views on every side, Apartment 11C is the perfect example of the grand style prewar cooperative built during the 1920's. From the private landing one enters the impressive entrance gallery, the pivot point of this exceptional apartment. Immediately the grand scale, light and balance of the public reception rooms are apparent. With unsurpassed East River views, the majestic living room features floor to ceiling windows, wood-burning fireplace, detailed moldings, and original herringbone floors. To complement this grand entertaining space, there is a media room, library and formal dining room-all with river views. The orderly arrangement of interior space continues into the private quarters. Off the classically wainscoted dining room is a large butler's pantry and windowed eat-in-kitchen. The primary corner bedroom wing, with wood-burning fireplace; includes two ensuite bathrooms and gracious sitting area. Currently configured as two guest bedrooms and laundry room, the original foot print of this impressive home can easily be envisioned as a five bedroom residence. One of only 33 original footprints to the building, Apartment 11C is an impressive residence.
One Sutton Place South is an exceptionally gracious prewar cooperative. Built in the Italian Renaissance style, this architecturally significant building was designed by Cross & Cross with Rosario Candela. Known for its elegant triple-arched porte-cochere entrance, palatial lobby, meticulously landscaped private garden and state-of-the-are fitness center, the building offers residents the highest levels of white-glove service. 50% financing is permitted and there is a 3% flip tax. Pets are welcome and a large storage unit transfers with the sale of the apartment. One Sutton Place South is one of most luxurious apartment buildings ever built in Manhattan.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,780,000 | $4,780,000 | $4,780,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,895 | $30,213 | $40,336 |
Total Monthly Payment | $28,020 | $30,338 | $40,461 |
* 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.