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Avoid the mansion tax in this oversized, fully renovated prewar two-bedroom, two-bath residence featuring two working wood-burning fireplaces and exceptionally low monthlies-what more could you ask for?
This is a rare opportunity to own a true combination home in a beautifully maintained prewar elevator building just off Sutton Place. Spanning approximately 1, 250 square feet, the residence delivers impressive scale, architectural character, and outstanding value-an exceptional buy under $1, 000, 000 and under $800 per square foot!
Two working wood-burning fireplaces with original mantelpieces serve as striking focal points and immediately distinguish the home-an increasingly scarce luxury in Manhattan. Solid oak hardwood floors run throughout, reinforcing the warm, classic prewar aesthetic. The layout is gracious yet highly flexible, offering generous living and dining areas, excellent storage, and a windowed office area (currently configured as an oversized walk-in closet).
The windowed kitchen has been thoughtfully renovated with marble countertops and hand-cut backsplash tile, marrying timeless materials with modern functionality. Stainless steel appliances include a dishwasher, microwave, oversized refrigerator, and abundant pantry storage. Both windowed bathrooms have been fully renovated and feature tubs and clean, enduring finishes, with natural stone in both baths.
Rich with prewar charm while offering the comfort and convenience today's buyers expect, the home is in true move-in condition. The boutique co-op features a laundry room, package area, and elevator. A ButterflyMX virtual doorman system allows for seamless keyless entry, rentals are permitted after two years of ownership, pied e terres are permitted, and there is storage available in the basement (on a first come first serve basis).
Set on a picturesque, tree-lined block, the location strikes the perfect balance between quiet residential living and everyday convenience. Just moments from Sutton Place and the East River Esplanade, and surrounded by neighborhood favorites including Trader Joe's, Whole Foods, and an excellent selection of restaurants, cafés, and shops. Multiple nearby subway lines provide easy access throughout the city. Note - some images have been virtually staged.
Space, character, condition, and value come together effortlessly here-an exceptional prewar home that truly delivers.
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:
$950,000
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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,256 | $4,557 | $6,362 |
| Total Monthly Payment | $4,348 | $4,649 | $6,454 |
* 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.