PREWAR CHARM IN SUTTON
Welcome Home to Penthouse 6D, a charming sun splashed 1 bedroom 1 bathroom home with wood burning fireplace atop of a boutique coop in Sutton Place. This elegant pre-war apartment has all the hallmarks of the ideal home. A large entry gallery is the perfect backdrop to display your art. The inviting living room enjoys a wood burning fireplace, oak floors, high ceilings and floor-to-ceiling windows that perfectly frame the serene views of leafy green trees and overlook a quiet garden. The beautiful windowed kitchen, featuring classic white cabinetry, stainless appliances and quartz countertops, is as practical as it is stylish, with ample cabinetry and counter space for your culinary endeavors. The tranquil bedroom is spacious and comfortable, with great closet space and direct access to the adjacent remodeled bath. Washer/Dryer can be added!
424 East 57th Street is a charming prewar coop with elevator, video intercom and supremely attentive live in resident manager. Sutton Place is a peaceful River enclave right in the heart of Manhattan, adjacent to the Bridge nearby making for an easy commute out east or Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick ber ride to Wall Street. It offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade (photos above)!
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Our Executive Mortgage Banker:
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$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,456 | $4,385 |
Total Monthly Payment | $3,684 | $3,548 | $4,477 |
* 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.