MESMERIZING RIVER AND CITY VIEWS!
A huge open corner living area with fabulous high-floor views of the East River and City Skyline is the draw to this oversized 2 bed, 2 bath apartment (approximately 1, 600 square feet) in one of Sutton's favored full service co-ops. Enjoy endless river and city views from 9 picture windows which invite full sunshine all day and twinkling city lights at night into your living space. The layout is ideal. Enter the apartment through a large and elegant gallery leading to the open living room / dining room (which can easily seat 12), perfect for gracious living, family gatherings and entertaining. The windowed kitchen was updated with crisp white cabinetry and black stone countertops. The primary bedroom is extra large and includes an updated en suite bath, and the secondary bedroom is also large, with access to the bathroom across the hallway. The ability to add a washer/dryer, updated tilt-and-turn windows, custom trim work, parquet wood floors and ample closet space round out this special apartment. Presented as a "white box, " this apartment could be enjoyed as it is but is priced low to allow a substantial budget for you to make updates to suit your own tastes and needs.
45 Sutton Place South, also known as Cannon Point South, is a white glove full-service luxury cooperative with 24-hour doorman and concierge services, supremely attentive resident manager, an elegant lobby and hallways, a beautifully landscaped roof top garden with seating areas, fitness center, package room and garage. Maintenance includes utilities (electric and gas), and the co-op permits 50% financing. A 2% flip tax is payable by the buyer. Pied-a-terres are subject to board approval. Sorry no dogs. One of Sutton's best coops, 45 SPS enjoys excellent financials and has completed all major work from the new lobby to new roof deck so you can enjoy the beauty and tranquility of Sutton Place.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, with the Bridge nearby making for an easy commute out east to Long Island or to 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 Uber ride to Wall Street. The location also offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as La Villetta, Mr. Chow's, Morso, and Bistro Vendome, which are neighborhood favorites. Sutton Place also has a number of "pocket parks" and you can enjoy a bike ride or stroll along the new adjacent East River Esplanade.
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William Raveis Mortgage, LLC
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,048 | $6,650 | $8,968 |
Total Monthly Payment | $6,173 | $6,775 | $9,093 |
* 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.