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Positioned on the 20th floor, this refined and versatile residence combines elegant proportions with panoramic city vistas. With nine-foot ceilings, an expansive layout, and three bedrooms plus a staff room, this home blends timeless sophistication with practical modern living. Enter through the gracious gallery into a dramatic 65-foot expanse that flows from a north-facing living room with a full wall of custom bookcases and an inviting balcony to a sun-filled, south-facing dining room featuring built-in cabinetry with mirrored panels and an additional wall of bookshelves for storage and display. Light wide-plank floors and recessed lighting create a warm, contemporary setting. This flexible home is currently configured with two oversized bedrooms. The primary suite, with new windows, features an oversized custom walk-in closet and a newly renovated double marble bathroom. The contiguous bedroom has been turned into a private sitting room for the primary suite. The second bedroom includes a large walk-in closet and an ensuite bath. The spacious, windowed kitchen is complemented by an adjacent laundry area. The powder room is currently used as a walk-in closet, with plumbing intact, making it simple to restore as a bathroom. Additional highlights include wide-plank light wood floors throughout, central air conditioning with individual thermostats, generous custom closets, and abundant natural light with sweeping city views to the south, north, and west. The neighboring apartment, 20F, which shares the semi-private landing, is also available for sale offering the possibility to combine into an extraordinary full-floor residence. The Sovereign is set amid the tranquility of Sutton Place, offering a peaceful escape from the city’s hustle and bustle. The location provides convenient access to the 59th Street Bridge, fine dining, shopping, and everyday conveniences such as Trader Joe’s and Home Depot. Built in 1975 and rising 48 stories, the building is home to 348 residences. Key Features Full-time 24/7 doorman On-site resident manager and management team Fitness center Personalized concierge mail service On-site covered garage with 24/7 valet parking, including EV chargers Large outdoor park and plaza on the property Bicycle storage room Pets are welcome Trusts & guarantors permitted Pied-à-terre permitted; LLCs considered on a case-by-case basis Up to 65% financing permitted
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,920,000 | $1,920,000 | $1,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,307 | $11,205 | $15,688 |
| Total Monthly Payment | $10,432 | $11,330 | $15,813 |
* 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.