PRICE REDUCTION
Create Your 4 Room Sutton Gem:
The seldom available H-Line at 50 Sutton Place South inspires a gracious lifestyle. The flexible floor plan features an entry Foyer, large Living Room with Balcony, Formal Dining Room (or Den, 2nd Bedroom and/or Home Office), a large Primary Bedroom, Kitchen and 1. 5 bathrooms. With Board Approval, the 1/2 bath can be enlarged to a full bath. East exposure provides beautiful light and lovely river views to this home in a much sought after Cooperative building.
A landscaped approach and impressive lobby add charm and sophistication to this building. Full-time Doormen, Concierge, Elevator Attendants and Staff ensure your comfort and safety.
Building Amenities include a Fitness Room, Laundry Room, Package Room and 24 hour Garage. This is a pet friendly building.
Landscaped Sitting Areas alongside the East River are close by and neighborhood restaurants, shops and services are plentiful and only a block or two away.
This desirable location provides easy access to points North or South via the East Side Drive. The 59th Street Bridge offers easy access to Long Island destinations.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$798,500
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 | $638,800 | $638,800 | $638,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,250 | $4,246 | $5,477 |
Total Monthly Payment | $4,342 | $4,338 | $5,569 |
* 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.