Apartment #1B at 14 Sutton Place South offers the charm of a private home paired with the prestige of one of New York City’s most iconic addresses. Situated directly across from Sutton Place Park, this residence features a spacious layout and timeless prewar details.
The thoughtfully designed floor plan is ideal for sophisticated living and entertaining. The oversized living room features a wood-burning fireplace, beamed ceilings, intricate crown moldings, and herringbone hardwood floors. Across the foyer, the formal dining room leads to a large, windowed kitchen equipped with a pantry and in-unit washer/dryer. Both bedrooms feature ensuite bathrooms, and ample closet space is found throughout the home.
Discover the timeless appeal of this 1929 Rosario Candela masterpiece. Located in the tranquil enclave of Sutton Place at East 56th Street, the building offers a harmonious blend of serenity and convenience. Residents enjoy close proximity to the expanded Sutton Place Park, Trader Joe’s, Whole Foods, vibrant dining options, and seamless access to public transportation.
The building features 15 stories and 92 impeccably maintained residences. A 24-hour doorman, live-in maintenance staff, fitness center, rooftop garden terrace, bike room, laundry facilities, and private storage cater to every need.
Renowned for its distinguished history, 14 Sutton Place South has been home to several iconic residents, including Judge Judy Sheindlin, Paul Newman, and Donald J. Trump. Apartment #1B is your opportunity to join this prestigious legacy in one of New York City’s most desirable neighborhoods. Up to 50% financing is permitted. There is a 2. 5% flip tax paid by the purchaser. Please note that some photos have been virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
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 | $7,470 | $8,090 | $10,801 |
Total Monthly Payment | $7,595 | $8,215 | $10,926 |
* 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.