New York (Midtown East), NY, 10022 | $899,000

Offering an "as is" condition unit needing renovation but priced to sell! Welcome to this stunning outlay of 1000 sq ft 1-bedroom, 1-bathroom condo located in the Sutton Area on the 11th floor. This large residence boasts elegant living space and provides captivating sunset and city views from all windows facing west and some south. The home needs complete updating except for the newly installed energy-efficient windows that provide a large pane fixed window with an unobstructed and expanded view of the west exposure flanked with a French window on either side for fresh air. Each newly installed window spans the width of the room. 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 and ceramic tile bathroom, all in their original condition, need full updating but the canvas is yours. The layout includes a dining alcove, dressing area, foyer, and room for a home office, providing versatility and functionality for modern living. The bedroom features great closets and faces panoramic west as seen in the photos. 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 western and southern exposure, this home captures the city views offering full luxury once you have created 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 by electric doors. No Board Approval is required upon Sale. Low CC and RE Tax. Buyer subject to city and state transfer tax. Set up an appointment for After Labor Day.

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: $954 Monthly
  • Approx Sq. Feet: 1,000
  • Est. Taxes: $14,376
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Gas Cooktop,Gas Oven
  • MLS#: COMP-164878267555764
  • Days on Market: 203 days
  • Website: https://www.raveis.com
    /prop/COMP-164878267555764/411e53rdstreet_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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New York (Midtown East), NY, 10022

$899,000

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 $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $1,198 $1,198 $1,198
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,084 $4,428 $5,972
Total Monthly Payment $5,374 $5,718 $7,262

* 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.