New York (Sutton Place), NY, 10022 | $725,000

Welcome to Unit 18L in Sutton Place, a hidden gem nestled along the river. This stunning one-bedroom apartment, located on the 18th floor, offers breathtaking views of the East River and the iconic 59th St. Bridge. Bathed in natural light, this spacious home provides a peaceful escape from the hustle and bustle of city life. Upon entry, the expansive living and dining area immediately captivates you with its generous proportions, creating a true "wow" moment. There is a powder room right off of the entrance as well as a coat closet. There is a large picture window in the living room that perfectly frames the beautiful view of the East River. The kitchen has full-size appliances and is well-situated right next to the dining area. The equally spacious bedroom has views of the East River and is complemented by a full bathroom and a large closet. As you move through the apartment, you'll find ample storage space with walk-in closets and a well-maintained interior that only requires aesthetic enhancements to suit your personal style. The apartment features brand new floors and new windows. This full-service building boasts a doorman, concierge, gym, two laundry rooms, and storage units. Residents can also enjoy a private, beautifully landscaped patio overlooking the river, providing a perfect spot to watch the passing boats. The low maintenance fee covers gas and electricity, and residents benefit from a discounted package for internet, cable, and telephone services. Please note there is a 2% flip tax paid by the buyer. The building permits 50% financing, welcomes cats, and offers discounted parking in the attached garage. However, dogs and washer/dryers are not permitted. Assessment in place for $1, 190 per month to June 2025. Don't miss the chance to make this riverside sanctuary your own and embrace a lifestyle of tranquility and elegance.

Features

  • Town: New York
  • Levels: 20
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Lot Size: 200.830000x225.000000
  • Laundry: Common Area
  • Year Built: 1959
  • Common Charge: $1,907 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Cats OK,Cats OK
  • Appliances: Dishwasher,Freezer
  • MLS#: COMP-145382592279219
  • Days on Market: 391 days
  • Website: https://www.raveis.com
    /prop/COMP-145382592279219/25suttonplaces_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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New York (Sutton Place), NY, 10022

$725,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,957 $3,855 $4,891
Total Monthly Payment $4,049 $3,947 $4,983

* 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.