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A Prewar Masterpiece Awaiting Your Vision: 227 East 57th Street Rarely does an opportunity arise to own a canvas of this magnitude in the heart of Manhattan. This sprawling residence at 227 East 57th Street offers a unique blend of prewar grandeur and limitless potential, inviting you to reimagine what a "dream home" truly looks like. The Residence: Light, Space, and Versatility Currently configured with three bedrooms, a fourth room good for fourth bedroom, office/den or dining room, and three bathrooms, this expansive home is defined by its remarkable scale and sun-drenched atmosphere. Thanks to triple exposures (South, East, and West), the apartment is bathed in natural light. Expansive Living: An oversized living room serves as the heart of the home, perfect for grand-scale entertaining. Two Kitchens: The unique layout currently features two kitchens, offering a rare flexibility for multi-generational living, a dedicated catering space, or a massive gourmet transformation. Modern Convenience: Functional luxury is already built-in with an in-unit washer and dryer and an abundance of 8 closets throughout. The Building: Art Deco Elegance Nestled within an intimate, full-service prewar cooperative, you are greeted by an elegant Art Deco-style lobby that honors the building’s timeless architectural heritage. The building benefits from brand new gas lines. Service: Enjoy the security and convenience of a 24/7 doorman, a live-in super, and a dedicated staff. Amenities: The building is equipped with private storage lockers, a bike room, and a central laundry facility. Flexibility: This is a lifestyle-friendly coop that welcomes pets and permits pied-à-terres. The Location: The Epicenter of Midtown East Positioned in one of the city's most coveted corridors, 227 East 57th Street puts the best of New York at your doorstep. Location Highlight: You are directly across the street from Whole Foods and minutes away from Trader Joes's , Bloomingdales, the flagship boutiques of 5th Avenue, world-class dining, and the cultural landmarks of the Upper East Side and Midtown. This isn't just an apartment; it’s a rare architectural opportunity to combine classic New York character with your personal aesthetic. Bring your architect, bring your imagination, and claim your place in the city's skyline.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,175,000
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 |
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|---|---|---|---|
| Loan Amount | $940,000 | $940,000 | $940,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,337 | $5,636 | $7,932 |
| Total Monthly Payment | $5,462 | $5,761 | $8,057 |
* 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.