HIGH FLOOR, MINT RENOVATED CONTEMPORARY WITH GREAT VIEWS AND LIGHT. Enjoy generous, contemporary space with inspiring open city and river views on the 19th floor of this elegant white glove co-op. This spacious home is bathed in natural light and seems to float above the city! SELLER IS MOTIVATED! The thoughtful NEW EFFICIENT LAYOUT is designed for comfortable living and entertaining, with a formal entrance, over-sized living/dining great room, and large, open kitchen. This expansive, high floor aerie has been TRANSFORMED FROM THE STUDS UP with sleek, efficient design, Italian custom cabinetry, new plumbing, wiring, flooring, windows, and through-the-wall A/C. Enter into a generous foyer with NEW HARDWOOD FLOORS. The space flows through the sun-drenched great room to the streamlined kitchen with hidden cabinetry throughout. The foyer has a concealed built-in office, large walk-in coat closet and a huge additional storage closet. As you move into the living room there is a fire feature, hidden beverage fridge, cabinets for barware and wine bottles, and additional hidden storage. The open, windowed kitchen has endless Italian custom cabinets concealing pantry and kitchen storage as well as a counter area for microwave/toaster/coffee maker. The space is outfitted with Miele dishwasher, Liebherr refrigerator, Jenn Air stove and indestructible Dekton stone countertops. Off the main foyer is the PRIVATE BEDROOM WING with a sliding pocket door entrance. On the left side of the long hallway there are two large bedrooms, each with huge custom walk-in closets and a wall of windows. The first bedroom, in addition to its large west-facing windows, has a south-facing window from which one can see down Sutton Place and glimpse the East River. The second bedroom/library has a cushioned window seat along the west-facing large windows. Each has a generous bathroom across the hall with Toto toilets and ceramic tile shower/tub. At the end of the hall is the primary suite with custom closets and shelving galore and ensuite double sink bathroom with Toto toilet and ceramic tile shower. The primary bedroom has west and north-facing windows. This unit, located in Cannon Point North cooperative, offers a full-time doorman, concierge, live-in resident manager, two laundry rooms, and a newly renovated gym. There is a children’s playroom, storage (for a nominal fee), and discounted parking garage space. The building’s major amenity is an expansive, private, recently renovated terrace, which is beautifully landscaped and overlooks the East River. 25 Sutton Place South enjoys prime access to the newly constructed East River Esplanade and exquisitely renovated Sutton Place Park. Low maintenance fees cover gas and electricity, and residents benefit from a discounted package for internet/cable service. The building allows 50% financing, cats permitted (no dogs) and 2% flip tax paid by buyer. There currently an assessment in place of $2, 275 per month through June 30th 2025.
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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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,833 | $10,812 | $14,582 |
Total Monthly Payment | $9,958 | $10,937 | $14,707 |
* 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.