Introducing #19E at 425 East 58th Street - A 4-bedroom, 4. 5-bathroom residence at The Sovereign, one of the most coveted coops in Manhattan. With just one other unit on this high floor, 19E enjoys spectacular triple exposures with open skyline and river views.
Enter through a grand foyer into the floor-through living & dining room, extending an incredible 65 feet. This residence offers a sprawling floor plate with an efficient layout, crafted for entertaining and gracious living, with a massive living room, formal dining room and balcony, all with fantastic river views. All three bedrooms boast its own separate wing, with ensuite bathrooms and abundant closet space. The enormous primary bedroom suite has corner windows with soaring city views, a massive walk-in closet and an elegant marble bath with a built-in dressing table and walk-in shower. The other two bedrooms (flanking either side of the living room) overlook the East River and have large walk-in closets. The recently updated kitchen offers black lacquer cabinetry, marble countertops and top-of-the-line appliances, and there is a separate windowed bedroom / staff room just off the kitchen. An additional full bathroom, guest powder room and pantry complete the standout features of this gracious residence!
The Sovereign at 425 East 58th Street is one of the top full-service post war cooperatives in Manhattan, with its impressive and elegant lobby featuring soaring ceilings accented by the sparkle of hand blown 1950's Venini chandeliers. Luxurious planted gardens with seating surround the building and echo the serenity of Sutton Place. Enjoy the newly designed state of the art lobby level gym, 24-hour valet parking garage with Tesla chargers, a bike room and private storage. The on-site management office and staff offer superb service to the shareholders. Board permits pets (up to two dogs). Pied-a-terre, purchase in a trust or LLC are permitted with Board Approval. The neighborhood also offers numerous parks and playgrounds on the East River, fine dining, and wonderful gourmet shops.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,960,000 | $1,960,000 | $1,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,975 | $11,909 | $16,145 |
Total Monthly Payment | $11,100 | $12,034 | $16,270 |
* 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.