Unbeatable Value: Lowest Monthly Maintenance in Sutton Place!
Move right in or customize this classic two-bedroom, two-bathroom home to your personal taste. Located on the 12th floor of 411 East 57th Street, this apartment boasts a spacious and flexible layout and exceptional bones all around. Enjoy southern light and views through a full wall of windows in the gracious living room, which flows seamlessly into a designated windowed dining area-currently created as a home office. Polished hardwood floors and a comfortable, timeless configuration make this home both inviting and functional.
The windowed kitchen offers plentiful cabinetry and a convenient entryway, perfect for entertaining and everyday living. The primary bedroom features a windowed en-suite bathroom and a spacious walk-in closet, while the cheerful secondary bedroom offers ample space and flexibility. Seven generously sized closets throughout this home provide excellent storage options.
411 East 57th Street was built in 1959. This financially strong, full-service cooperative offers:
24-hour doorman and resident manager
Roof deck
Central laundry room
Bike storage
Individual storage units for rent
The building is pet-friendly and allows pied-Ã -terre ownership, gifting, and guarantors, with up to 70% financing permitted and no flip tax.
Prime Sutton Place Location
This dynamic neighborhood offers a mix of tranquility and convenience. Residents enjoy easy access to Esplanade Park at 57th and the East River, Trader Joe's, Whole Foods and Morton Williams, and iconic Midtown destinations like Bloomingdale's. The nearby Hampton Jitney stop is perfect for weekend getaways. Don't miss this opportunity to enjoy the charm of Sutton Place with unmatched value and amenities.
Schedule your private showing today!
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Our Executive Mortgage Banker:
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$1,050,000
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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,639 | $5,104 | $6,919 |
Total Monthly Payment | $4,764 | $5,229 | $7,044 |
* 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.