14 Sutton Place South, a distinguished prewar Cooperative designed in 1929 by famed architect Rosario Candela, is one of the most coveted buildings in one of the most desirable areas of the city. The waterfront enclave of Sutton Place, with its lovely parks and newly opened entrance to the spectacular East River Promenade, is beloved for its tranquility yet it is in close proximity to every urban amenity. This elegant and welcoming two-bedroom apartment exemplifies serenity and is the perfect complement to its Sutton Place environs. The gracious living room, with its 9'5" ceilings accented by dentil crown molding and lovely herringbone floors, centers around a beautiful wood-burning fireplace flanked by a custom bookcase with built-in storage. Adjoining the living room is a spacious, windowed eat-in kitchen featuring many recently renovated elements: a roomy dining banquette, top-of-the-line Bosch appliances, a wine refrigerator, soft-tone Caesarstone countertops and abundant storage. A hallway leads to the large primary bedroom with new custom wall-to-wall carpeting, two walk-in closets, new built-in cabinetry, and a pristine en suite windowed bathroom. The well-proportioned den/second bedroom features a walk-in closet, custom built-ins and an en suite windowed guest bathroom. This gracious apartment with north, south and east exposures is approximately 1, 300 square feet. Additional features include seven generous closets, new oversize windows with screens and new through-the-wall air-conditioning units. Building has no underlying mortgage!
Building Services: Resident Manager, 24-hour Doorman & Maintenance Staff.
Building Amenities: A magnificent lobby, landscaped roof deck, private storage unit, laundry room, gym and bike room.
Pets permitted with Board approval.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,020,000
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 | $816,000 | $816,000 | $816,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,024 | $5,429 | $7,221 |
Total Monthly Payment | $5,149 | $5,554 | $7,346 |
* 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.