HAVE IT ALL! A Spacious Apartment with Spectacular New Renovation and Jaw Dropping Views in Full Service Building!
Move right in and be the first to enjoy the brand new high-end renovations in this sprawling apartment perched high above the East River with amazing views to the east, west and north. This grand, oversized apartment has five rooms (convertible 3 bedrooms), offering approximately 1, 600 square feet of meticulously designed modern space.
An entertainer's showplace, the formal dining room and living room provide a fifty-foot expanse of luxurious design with gorgeous new wide-plank wood floors and fantastic unobstructed views overlooking Sutton Place and the River through brand new tilt-and-turn windows. The large, magnificent kitchen is beautifully appointed, featuring custom modern European cabinetry by Reform, Dekton countertops, a SubZero fridge, custom lighting and other designer finishes. The kitchen flows into the formal dining room, and the same cabinetry is used in the kitchen, dining room and living room built-ins to achieve a cohesive feel throughout the space. The large primary suite is a true oasis, offering those spectacular River views, a luxurious newen suite bathroom with sleek tile work and vanity by Porcelanosa and abundant closet space. The secondary bedroom is very spacious and has great city views over Sutton Place. A stylish new bathroom is accessed from the hallway to serve guests.
The state-of-the-art renovation, just completed July 2024, paid attention to every detail, including new wood floors throughout, new windows throughout, recessed lighting on dimmers, ceiling fans by Design within Reach, Danfoss thermostatic valves on all radiators to regulate heat and Friedrich through-wall air conditioning units. What you will not see but are sure to appreciate is that a completely new electrical panel and wiring was installed, including wiring for high-speed internet and coaxial cable throughout the apartment, and an electrical outlet was installed in a closet to accommodate a potential washer/dryer to be installed after possible future co-op approval of in-unit laundry in the building.
The low maintenance of $3, 208. 90 includes electricity, andSpectrum cable and internet is just an additional $65. 82 per month. The Seller has already prepaid the current assessment for upcoming building capital improvements, to include a fully renovated new lobby and hallways, as well as a building-wide electrical system upgrade, the enjoyment of which will inure to the benefit of the new owner and enhance shareholder value. There is a 2% flip tax payable by the Purchaser.
25 Sutton Place South (Cannon Point North) is a very well-run full-service co-op with a highly attentive staff, including 24 hour doorman and live-in superintendent. The building has an in-house gym, basement storage and a garage. A unique feature of Cannon Point North is the fabulous private River Terrace garden, which residents enjoy year-round. Sorry, dogs are not allowed.
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:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,709 | $8,494 | $11,829 |
Total Monthly Payment | $7,834 | $8,619 | $11,954 |
* 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.