Vintage, handcrafted and modern all describe the design of this spacious two bedroom/ two bathroom condo in The Sutton. At 1340 SF, featuring an open kitchen/dining/living room and split bedrooms the apartment is bright and airy with a 10. 5 ft. ceiling height and magnificent casement windows facing East. The open plan chef's kitchen has Gaggenau 4-series appliances, a Summit wine cooler, polished white glass countertops and backsplash, modern ribbed glass cabinets and an oversized kitchen island. The two generously sized bedrooms are split and feature expansive closet space. The primary bedroom has walls of windows facing south and east and is outfitted with several closets, including a fabulous walk-in. The luxurious primary bathroom has striking Calacatta marble with a herringbone marble floor, double vanity, Waterworks fixtures, deep soaking tub, and spa-like separate shower stall. The second bedroom has a luxurious marble bath. Additional features include: 5" wide oak flooring, a stackable Bosch washer/dryer and a windowed alcove currently used as an exercise area. This home is flooded with light from the huge wall of windows East and South and has wonderful city skyline and partial river views.
The Sutton is a full service building offering amenities including an enormous fitness center, a residents' lounge with a fireplace adjacent to a beautiful garden with patio, playroom, cold storage and bike storage. The Sutton is conveniently located with neighborhood Whole Foods, Trader Joes and parks lining the East River. The Sutton was one of the last condominiums to receive a 421-A tax abatement and this abatement continues until 2032 . Low common charges and a terrific tax abatement make this home a truly great buy!
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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 | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,037 | $13,226 | $17,747 |
Total Monthly Payment | $12,162 | $13,351 | $17,872 |
* 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.