425 East 58th Street, #23F, New York (Sutton Place), NY, 10022 | $1,599,000

An Exceptional 1400sf 1 bedroom/convertible 2 bedroom residence with two full baths at the The Sovereign. Upon entering from the renovated, semi-private 23rd floor landing you are welcomed into a foyer gallery that opens into an expansive living room with stunning North and East views of the Manhattan skyline, the East River and beyond.


The home was recently gutted to the studs with the finest quality sound insulated materials and design. There are solid hardwood oak flooring throughout the apartment, state-of-the art soundproof windows, new HVAC, motorized window shades, custom, dimmable lighting and abundant storage. There is a separate dining area currently used as a TV/media room equipped with custom cabinetry and a wine cooler. A laundry room, adjacent to the kitchen, has built-in cabinets and a work station.

The open windowed kitchen features Miele and Sub-Zero appliances custom-built Poggenpohl cabinetry and crisp practical Caesarstone countertops with a glass tile backsplash. Both baths are clad in marble and stone with top-of-the-line fixtures and radiant floor heating. The expansive primary bedroom features 11 Visser custom closets, a built-in vanity/ workstation and dual blackout shades.

The Sovereign is renowned for its exceptional service and amenities. Residents benefit from 24/7 concierge and doormen, 24/7 valet parking service with direct building access, and an outstanding fitness facility on the lobby level. The Sovereign is pet-friendly and welcomes pied- -terre residents. Enjoy convenient proximity to the East River Promenade, Trader Joes, Whole Foods, fine dining and transportation. The building features a stunning lobby, bike room, and private storage is available for added convenience. LLC's are permitted on a case-by-case basis.




Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 48
  • Amenities: Bike Room; Driveway; Garage; Garden; Fitness Room; Laundry Room; Valet; Private Storage;
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 2 full
  • Complex: Sovereign, The
  • Year Built: 1974
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU63222916925
  • Days on Market: 105 days
  • Website: https://www.raveis.com
    /prop/RPLU63222916925/425east58thstreet_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 Brown Harris Stevens Residential Sales LLC

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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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425 East 58th Street, #23F, New York (Sutton Place), NY, 10022

$1,599,000

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 $1,279,200 $1,279,200 $1,279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.486% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,465 $7,981 $10,881
Total Monthly Payment $7,590 $8,106 $11,006

* 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.