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Presented by
The Sampson & Stuart Team |
420 East 55th Street, #10D, New York (Sutton Place), NY, 10022 | $825,000
Exceptional opportunity to own a spacious and flexible one-bedroom, two-bath home at Sutton Gardens.
A gracious entry foyer leads into a bright, expansive living and dining area framed by a dramatic wall of windows with charming north- and west-facing views. The open-concept kitchen is perfect for both everyday living and entertaining. With the necessary approvals, the layout easily accommodates the addition of a second bedroom-adding significant value and versatility. Custom built-ins, elegant crown moldings, an oversized cedar closet, and a rare second full bathroom further elevate the space.
The generously proportioned primary bedroom offers a peaceful retreat, complete with a dressing area, abundant closet space, and an en-suite bath.
Sutton Gardens is a highly sought-after, full-service, pet-friendly cooperative offering a 24-hour doorman, live-in superintendent, landscaped garden courtyard, storage, 2 laundry rooms, and on-site garage. Perfectly positioned near Sutton Place Park South, top dining destinations, and everyday conveniences like Whole Foods on 57th Street, with easy access to multiple transportation options including the crosstown bus at 55th Street and First Avenue.
Flexible ownership policies allow up to 80% financing. With board approval co-purchasing, guarantors, pied-à-terre ownership, and unlimited subletting after two years is permitted.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 12
- Amenities: Garage; Garden; Laundry Room; Cold Storage; Private Storage;
- Rooms: 5
- Bedrooms: 1
- Baths: 2 full
- Laundry: Other
- Complex: Sutton Gardens
- Year Built: 1956
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Building Access : Elevator
- Service Level: Full Time Doorman
- Doorman: FullTime
- OLR#: RLS20081697
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/RLS20081697/420east55thstreet_newyork_ny?source=qrflyer
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.
William Raveis Family of Services
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.
The Sampson & Stuart TeamSales Associates
508.221.2290
TheSampsonandStuartTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
420 East 55th Street, #10D, New York (Sutton Place), NY, 10022
$825,000
The Sampson & Stuart Team
Sales Associates
William Raveis Real Estate
Phone: 508.221.2290
TheSampsonandStuartTeam@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,645 | $3,957 | $5,481 |
| Total Monthly Payment | $3,737 | $4,049 | $5,573 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535