25 Sutton Place South, #17K, New York (Sutton Place), NY, 10022 | $1,795,000

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 new
en 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.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 21
  • Amenities: Bike Room; Garage; Garden; Fitness Room; Laundry Room; Nursery; Private Storage For Fee;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Cannon Point North
  • Year Built: 1959
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123117860
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /prop/RPLU5123117860/25suttonplacesouth_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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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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25 Sutton Place South, #17K, New York (Sutton Place), NY, 10022

$1,795,000

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 $1,436,000 $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.