New York (Midtown East), NY, 10022 | $799,000

Sponsor offers an "as is" condition unit needing renovation but priced to sell! Welcome to this stunning outlay of 875 sq ft 1-bedroom, 1-bathroom condo located in Sutton Area on the 6th floor overlooking beautiful gardens and trees completely landscaped. This large residence boasts elegant living space and provides garden views from all windows facing North from living room, kitchen, and primary bedroom. The home needs complete updating except for the newly installed energy-efficient windows that provide a large pane fixed window with an expanded view of the north exposure flanked with a French window on either side for fresh air. Each newly installed window spans the width of the living room and bedroom. Although there are original parquet floors one can easily see how elegant the flooring can be either by redoing the existing floor or installing brand new floors. The galley kitchen (with a brand new large picture window )and ceramic tile bathroom, all in their original condition, need full updating but the canvas is yours. The layout includes a dining area, foyer, and room for a home office, providing versatility and functionality for modern living. The bedroom features great closets and faces north and east. Central heating and through-the-wall AC units ensure year-round comfort, while a full-time doorman/concierge provides convenience and security. Additionally, the building offers cold storage and laundry facilities, enhancing the ease of daily living. With a beautiful backyard of gardens, this large home luxury living once you have created and improved your interior dream apartment. Sutton Area is a prime area providing access (down the block) to the new entry for the East River Greenway (also called the East River Esplanade) which is an approximately 9. 44-mile-long (15. 19 km) foreshoreway for strolling or cycling along the East River. The homes' convenient location also has access to the city's vibrant culture and other types of amenities. Near Trader Joes', Whole Foods, Bloomingdales, D&D Building, United Nations, Rockefeller Plaza, and fine restaurants. Offered by Prospectus Only. The well-maintained building has a large ramp for easy access or stairs that both enter the lobby through electric doors. No Board Approval is required upon Sale. Low CC and RE Tax. Buyer subject to city and state transfer tax. Please see our other Unit 11K also on the market.

Features

  • Town: New York
  • Heating: Central,Wall Furnace
  • Cooling: Other,Wall Unit(s)
  • Levels: 20
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 100.420000x174.000000
  • Laundry: Common Area
  • Year Built: 1958
  • Common Charge: $847 Monthly
  • Approx Sq. Feet: 875
  • Est. Taxes: $12,768
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Gas Cooktop,Gas Oven
  • MLS#: COMP-161103424422105
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/COMP-161103424422105/411e53rdstreet_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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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New York (Midtown East), NY, 10022

$799,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $1,064 $1,064 $1,064
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,248 $5,481
Total Monthly Payment $5,409 $5,404 $6,637

* 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.