Watch the world go by in this High Floor Pre-War Sutton Place Home! A very rare “E” line in the architecturally unique 400 East 59th Street Coop. A 1924 building that distinguishes itself by it's apartments with soaring ceilings, huge picture (casement) windows, wood burning fireplaces, and beautiful herringbone floors, and 13E has all it and more! This handsome apartment has double exposures to the north and south making it feel like a town home. The gracious living room welcomes you with 10. 5-foot ceilings, a stunning oversized picture window that spans the width of the wall letting light in all day long and wonderful night views all evening long. The rich herringbone floors, the wood burning fireplace flanked by well-placed bookcases, finish this elegant and generous sized living room ideal for hosting dinner parties or for quiet nights reading by the fire. Two bedrooms, each with their own en-suite bathroom on either side of the apartment, allow for complete privacy. With a walk-in closet in EACH bedroom, two deep entry foyer closets, a convenient hall closet, an extremely well laid out windowed kitchen, with access to the second bedroom's bathroom, to act as a powder room, and a designated elegant entry foyer, makes this home not only stunning but functional and practical for everyday living. 400 East 59th Street is a wonderful, full-service co-op in Sutton Place. A pet friendly full-service building, offering private storage, bike storage, and laundry facilities. With two towers, a service elevator, and passenger elevator on each side, and the friendliest staff you can find, 400 East 59th Street is a special community. Across the street from Trader Joes, and around the corner from Whole Foods, the neighborhood features tons of restaurants and amenities and public transportation nearby, this is an ideal pre-war home. 75% financing permitted. Pied-a-Terres permitted, Co-Purchasing is permitted. *MAINTENANCE INCLUDES: ALL ELECTRIC, CABLE, and HEAT! Temporary assessment of $184. 00/month.
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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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,992 | $5,485 | $7,360 |
Total Monthly Payment | $5,117 | $5,610 | $7,485 |
* 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.