Experience unparalleled luxury and comfort in this impeccably crafted one-bedroom, one-bathroom sanctuary in the heart of Sutton Place. Awash in natural light, this elegant residence features high ceilings and sophisticated finishes, including custom White Oak flooring, Lineadecor cabinetry, Italian stone countertops, polished chrome fixtures, and premium Miele and Bertazzoni appliances. Designed for seamless entertaining, the modern open layout offers a spacious living room with an open kitchen, floor-to-ceiling windows, and a Juliet balcony with serene northern views. Cleverly integrated California Closet solutions in the living area closet maximize storage. The tranquil primary suite also features floor-to-ceiling windows and generous custom-fitted closets by California Closets. The spa-inspired bath is adorned with Persian White Marble, Pietra Serena flooring, a Lineadecor lacquer vanity, a soaking tub, and premium fixtures by Kohler and Porcelanosa. Additional features include an in-unit Blomberg washer and dryer, a state-of-the-art HVAC system, high-performance Kolbe windows, and a dedicated private storage room on the lower level. Located at 323 East 53rd Street, this exclusive 11-residence condominium, completed in 2022, seamlessly blends boutique charm with modern convenience. Residents enjoy a welcoming lobby lounge, Butterfly MX video intercom with mobile access, Luxer One package lockers, cold storage, and a private rooftop deck with sweeping Midtown views. Projected real estate tax reflects a 17. 5% cooperative/condominium abatement. Purchasers are advised to consult a tax professional for eligibility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,030 | $4,424 | $5,907 |
Total Monthly Payment | $4,122 | $4,516 | $5,999 |
* 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.