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Entering this elegant Classic 6 home from the semi private landing, you arrive at an impressive inlaid marble gallery. The gorgeous mahogany pocket doors lead to a double size north facing living room with herringbone floors and a large balcony. The south pocket doors open to the dining room - also with herringbone floors. Beyond is a large windowed kitchen with a washer/dryer and pantry.
This home currently configured with one primary bedroom containing two marble baths and two walk in closets, can easily be restored to the original floorplan with two primary bedrooms each with ensuite marble baths and two walk in closets. There is an additional bedroom/staff room plus a full bath and beautiful "jewel box" powder room. This is a great opportunity to purchase a spacious, sunny home in a luxury cooperative at an attractive price.
When The Sovereign was built in 1974, Paul Goldberger of The New York Times noted, "The Sovereign is in the super luxury category. " The Emory Roth designed building has a lobby that "extends under the entire building, and there are four semiprivate halls per floor - a welcome (and expensive) alternative to the long, double loaded corridor. Such an arrangement has probably not been used in any New York building since the nineteen-thirties. "
Then as now, with only two apartments per floor, the residents are treated to impeccable world class service is provided by the staff that includes sentry, doorman, concierge, on-site management, valet parking, and more.
The Sovereign is one of the most renowned post war cooperatives. The elegant and impressive International Style lobby has soaring ceilings accented by the sparkle of hand blown 1950's Venini chandeliers, designed by the Italian Architect Carlo Scarpa. Enhancing the mid-century lobby are its original Rosewood panels, travertine marble floors and collection of curated paintings. Enjoy the lobby level gym, 24 hr. valet garage with Tesla charges and wonderful luxury service including on-site management. There is a bike room and private storage. The Board permits pets (up to two dogs). Pied-a-terre and purchase in a Trust and LLC's are permitted with Board Approval.
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:
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$2,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
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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 |
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|---|---|---|---|
| Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,314 | $10,271 | $14,381 |
| Total Monthly Payment | $9,439 | $10,396 | $14,506 |
* 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.