50 Sutton Place South, #20H, New York (Sutton Place), NY, 10022 | $949,000

Enjoy the SUNSHINE and RIVER VIEWS from this high floor, highly desirable 4 room, 1 bedroom home (fexible 2 bedroom) with direct river views and expansive Eastern and Southern exposures. Its fantastic and flexible layout includes a large den with 2 exposures that can easily be a large 2nd bedroom. You are welcomed int this wonderful home with a large entry foyer leading to an huge living room with wonderful space for both entertaining and comfortable living. A lovely terrace faces out to the East River with East and Southeast sparkling river views, and is a great respite to enjoy a cup of coffee or wine, while watching the boats go by! The extra large prime bedroom is bright and features an ensuite bath. The kitchen has a large window , lengthy counters and plenty of storage. A full second bathroom with a shower is located adjacent to the entry foyer and provides flexibility asa powder room too! Additionally , this pin-drop quiet apartment features wood flooring, significant closet and storage space.

Situated in a luxury full service cooperative with full time doorman and a concierge. There is a main floor windowed gym, updated laundry room and attached garage.

Located on Sutton Place South, a serene river front enclave, convenient to all transportation, great shopping and both fine and casual dining options. Enjoy relaxing or exercising on the East River Esplanade. Pied a terre and Pet friendly. 65% financing permitted and a 2% Flip Tax paid by buyer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 22
  • Amenities: Bike Room; Garage; Fitness Room; Laundry Room; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Year Built: 1956
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Attended Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • LobbyAttendant: No
  • OLR#: RPLU5122456314
  • Days on Market: 419 days
  • Website: https://www.raveis.com
    /prop/RPLU5122456314/50suttonplacesouth_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

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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, #20H, New York (Sutton Place), NY, 10022

$949,000

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 $759,200 $759,200 $759,200
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 N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,491 $4,799 $6,510
Total Monthly Payment $4,583 $4,891 $6,602

* 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.