425 East 58th Street, #19E, New York (Sutton Place), NY, 10022 | $2,450,000

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.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 48
  • Amenities: Bike Room; Driveway; Garage; Garden; Fitness Room; Laundry Room; Valet; Private Storage;
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Complex: Sovereign, The
  • Year Built: 1974
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122984122
  • Days on Market: 149 days
  • Website: https://www.raveis.com
    /prop/RPLU5122984122/425east58thstreet_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 Douglas Elliman Real Estate - Park Plaza

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

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425 East 58th Street, #19E, New York (Sutton Place), NY, 10022

$2,450,000

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 $1,960,000 $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.