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WELCOME TO 400 EAST 54TH STREET, RESIDENCE 6B
Residence 6B presents a rare opportunity to create a custom home in one of Sutton Places most desirable full-service cooperatives. This well-proportioned apartment offers a classic layout, generous room sizes, and excellent bones ideal for a buyer seeking value, customization, and long-term upside.
RESIDENCE 6B:
2 Bedroom, 2 Bathroom Home
Bright, South-Facing Views
Expansive Living Room
Formal Dining Area
Spacious Balcony
Primary Bedroom w/ En-Suite Windowed Bathroom
Split Bedroom Layout w/ Walk-In Style Closets
Windowed Kitchen w/ Dishwasher
Spacious Entry Foyer
Abundant Storage Space Throughout
Utilities Included in Maintenance - Water, Gas Electricity & A/C
PLAZA 400:
Full-Service, White-Glove Co-op
Concierge & 24 Hour Doorman
Resident Manager
4 Passenger Elevators & 2 Service Elevators
Newly Renovated Skytop Lounge
Heated Rooftop Pool w/ City Views (additional fee)
Children's Playroom
Fitness Center & Yoga Studio
Laundry Room
Storage & Bike Storage [waitlist]
Package Room
On-Site Parking Garage
Beautifully Maintained Lobby & Circular Driveway
Pet Friendly w/ Board Approval
Updated Security System (2017); Renovated Lobby (2017), Completed the 9th Cycle of LL 11 (2022); New Landscaping and Sidewalk on First Ave (2023)
ADDITIONAL:
2% Flip Tax Paid By Buyer
Pied-a-Terre, Guarantors, Co-Purchasing & Parents Buying for Children Permitted w/ Board Approval.
Subletting Permitted - after three years of residency (then 3 out of every 5 years with approval)
Maximum 70% Financing
LOCATION:
Situated moments from Sutton Place Park and the East River promenade, Plaza 400 is surrounded by some of Manhattans finest dining, shopping, and transportation options. Conveniently located near the 59th Street Bridge, FDR Drive and E/M subways. Whole Foods & Trader Joe's are a short walk away.
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:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,801 | $6,211 | $8,673 |
| Total Monthly Payment | $5,926 | $6,336 | $8,798 |
* 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.