New York (Midtown East), NY, 10022 | $1,500,000

Perched on the penultimate floor of 440 East 57th Street, just off Sutton Place, residence 20B is a quiet and spacious two-bedroom renovated home with a glorious landscaped terrace. With triple exposures, this exquisite home is drenched in natural light, accentuated by spectacular views over the penthouses of the Sutton skyline.

A welcoming entry foyer opens into the expansive great room. The commodious living area features custom built in bookshelves and media console, integrated Bose speakers, and a built-in china cabinet. Light pours into the south facing space through 11 feet of floor-to-ceiling glass and a sliding door that seamlessly connects the interior to the remarkable terrace that stretches a generous 25 feet in length and six feet in width. The landscaped terrace is graced with brand new pavers and waterproofing, new glass railings, and a built-in irrigation system. A large dining area features a west facing window and adjacency to the semi-open impressive chef's kitchen. The suite of high-end stainless steel appliances includes a Bertazzoni four-burner gas range, a 30” Sub-Zero fridge and freezer, integrated GE microwave, a Bosch dishwasher, and a Marvel wine refrigerator. The space is illuminated by integrated track lighting and natural light from the west-facing window, and is further elevated by a tasteful glass subway tile backsplash, Caesarstone counters, and solid maple wood lacquered cabinetry.

A gallery hallway punctuated by recessed lighting leads to the two luxurious bedrooms. The primary bedroom is gracious in size and boasts a massive walk-in closet measuring 5’ x 10’ with custom built-in cabinetry, a serene planting terrace, and both north and west exposures, offering unparalleled views of the architecturally interesting penthouses and cornices of the historic pre war buildings across this tranquil stretch of 57th Street. The en-suite windowed bathroom is a spa-like oasis, featuring a glass-enclosed shower, glass tiles, and radiant heat floors. The secondary bedroom offers those same lovely northern views across 57th Street and tangential views of the Queensboro Bridge and East River, as well as ample storage with a spacious walk-in closet with built-in shelving. The adjacent second bathroom is equally impressive, featuring glass tiles, a floating vanity, a deep soaking tub with half-glass enclosure, Grohe fixtures, and additional storage/linen closet.

Other noteworthy features of this stately home include European oak herringbone hardwood floors and beautiful crown moldings throughout, all contributing to its exquisite and sophisticated character. Every room is equipped with PTAC heating and air conditioning units.

440 East 57th Street is an impressive and sophisticated twenty-story building located just off the esteemed Sutton Place in Manhattan. This full-service pet-friendly cooperative red brick building was originally built in 1961 and offers 74 luxurious residences that seamlessly blend charm and character with white glove service. A 24-hour doorman and live-in superintendent provide unparalleled security and assistance to residents, who also have access to a gorgeous roof deck with sweeping views of the Manhattan skyline and East River, as well as a central laundry room. The prime location also provides easy access to numerous specialty markets and gourmet dining options, including the nearby Whole Foods and new Trader Joe’s. Additionally, the building is located in close proximity to a variety of parks and green spaces, including the new East River Esplanade, which offers a tranquil escape from the hustle and bustle of the city. Pied-a-terres are allowed.

Features

  • Town: New York
  • Levels: 20
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 72.000000x123.170000
  • Laundry: Common Area
  • Year Built: 1961
  • Common Charge: $4,670 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dishwasher
  • MLS#: COMP-153274136017452
  • Days on Market: 163 days
  • Website: https://www.raveis.com
    /prop/COMP-153274136017452/440e57thstreet_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 (Midtown East), NY, 10022

$1,500,000

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 $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,098 $7,585 $10,289
Total Monthly Payment $7,223 $7,710 $10,414

* 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.