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Residence 4CD at 1 Sutton Place South
A rare opportunity to acquire one of Sutton Place's most distinguished residences, a sprawling, full-floor home of over 5, 000 square feet awaiting its next chapter. Offered as a true blank slate, Residence 4CD invites a discerning buyer to reimagine and restore a grand pre-war apartment to its full potential, with coveted views overlooking the building's serene courtyard and the East River beyond.
Step off a private elevator landing into your own vestibule, offering an arrival sequence that sets the tone for the scale and grandeur within. A gracious foyer anchors the home, distinguished by beautifully crafted arched doorways that speak to the apartment's pre-war provenance. From here, the layout unfolds with remarkable flexibility and flow.
At the eastern front of the apartment, a generously proportioned library provides an ideal work-from-home retreat. The great room is designed for both comfort and entertaining, centered around a stunning fireplace that lends warmth and character to the space. Enjoy views of the landscaped courtyard and river below through the oversized windows, allowing natural light to fill the apartment throughout the day. An elegant, separate dining room sits just off the foyer with seamless access to the large kitchen, which is a space brimming with potential. With a window framing views of the garden and East River, the kitchen is poised to become a true chef's dream with thoughtful renovation.
The separate primary wing offers a serene and private haven. A secondary bedroom with en-suite bath sits just off the expansive primary bedroom, complete with a full bath and generous closet space.
On the northern wing, a beautifully proportioned room, ideal as a guest bedroom or secondary living room, features a fireplace and charming window seats, creating an atmosphere of quiet elegance. Three additional bedrooms complete the north side of the apartment, two of which boast their own en-suite baths. You'll notice striking recessed ceilings and thoughtful storage along the hallway outside of the guest bedrooms.
Adjacent to the service entrance at the western end of the apartment, a thoughtful extension of the kitchen is accompanied by a full bathroom and a versatile bonus room, well-suited for use as a home office or additional bedroom, offering the kind of flexibility rarely found even at this scale.
1 Sutton Place South is among Manhattan's most storied white-glove cooperatives, its landmark porte-cochère and wrought iron doors making an unforgettable first impression. The building's pre-war craftsmanship carries throughout the residence in rich architectural detail, and the garden at the center of the property makes for a beautiful escape from the hustle and bustle of city life. Residence 4CD is ready to reach its full potential and become a dream home once more.
Please note some images have been virtually staged. Building allows 50% financing, pets permitted, central air with approval, and a storage unit transfers with sale. Maintenance is paid quarterly and there is a 3% flip tax paid by the purchaser.
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:
$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,159 | $21,874 | $30,136 |
| Total Monthly Payment | $20,284 | $21,999 | $30,261 |
* 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.