50 Sutton Place South, #16A, New York (Sutton Place), NY, 10022 | $2,250,000

STUNNING CLASSIC 7 WITH JAW DROPPING TERRACE!

Move right into this beautifully renovated SPRAWLING 3-4 bedroom and 3 full bathroom home that boasts a stunning RIVER VIEW TERRACE with southeast exposures that ensures year-round sunshine and extraordinary views of the East River and iconic city landmarks. Start your day with coffee under the warm glow of the rising sun or sip champagne under the stars from your dramatic 16th floor perch overlooking the river and City. This sophisticated home will satisfy even those with the most discerning eye.

This residence provides for stylish living and entertaining. From its sun splashed expansive living room replete with a custom bar, you will have easy access to your PRIVATE TERRACE that boasts magnificent wide open vistas of the River and City. As you enter this beautifully renovated and sprawling residence from a semi-private elevator landing, you will immediately step into a gracious entry foyer that flows directly into a spacious center hall gallery. The bedrooms are set apart to allow for privacy and includes an elegant family friendly library with designer built ins. The impeccably designed new designer chef's kitchen features high-end custom Brookville cabinetry, ample Quartz stone countertops, high-end state of the art Cafe Smart appliances in addition to a wine refrigerator. Enjoy delicious meals and stimulating conversations in the formal dining room that comfortably seats 8-10. The relaxing primary bedroom suite offers custom built-ins and an en-suite Zen Inspired bathroom with high-end fixtures, a soaking tub and a separate shower. The flexible second bedroom is currently used as a library. The tranquil third bedroom is spacious and comfortable. A windowed fourth room offers its own ensuite bathroom and makes for the perfect private home office away from the living areas. Designer details such as gleaming wood floors throughout, custom lighting and thoughtfully designed built-ins complete this remarkable and unique apartment.

Sutton Place is a peaceful River enclave right in the heart of Manhattan, with the Bridge nearby making for an easy commute out east or to Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick Uber ride to Wall Street. The location also offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as La Villetta, Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Sutton Place also has a number of "pocket parks" and you can enjoy a bike ride or stroll along the new adjacent East River Esplanade!

50 Sutton Place South is an elegant white glove full-service luxury cooperative with 24-hour doorman and concierge services, supremely attentive resident manager, an elegant lobby, fitness center and garage. The co-op permits 65% financing. A 2% flip tax is payable by the buyer. Pet friendly too.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 22
  • Amenities: Bike Room; Garage; Fitness Room; Laundry Room; Private Storage;
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Year Built: 1956
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Attended Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • LobbyAttendant: No
  • OLR#: RPLU5122845735
  • Days on Market: 271 days
  • Website: https://www.raveis.com
    /prop/RPLU5122845735/50suttonplacesouth_newyork_ny?source=qrflyer
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 Douglas Elliman Real Estate - Park Plaza

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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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50 Sutton Place South, #16A, New York (Sutton Place), NY, 10022

$2,250,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,362 $11,377 $15,189
Total Monthly Payment $10,487 $11,502 $15,314

* 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.