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New York (Sutton Place), NY, 10022 | $1,550,000
Bring your vision to Residence 11M, an expansive, sun-drenched 2-bedroom, 2-bathroom home perched on the 11th floor. Boasting sweeping, direct views of the East River, this highly sought-after M-line layout offers exceptional proportions. The home features a proper entry foyer, an oversized living room bathed in eastern light, and a dedicated formal dining area. Both bedrooms are generous in size, including a king-sized primary suite with an en-suite bath. With its gracious footprint, 11M is the perfect canvas to design your dream home. Cannon Point North (25 Sutton Place South) Highlights: -Utilities: Maintenance includes electricity and gas. The building also offers a bulk-rate discounted package for cable/internet for $73. 80/month -Amenities: 24/7 doorman and concierge, a spectacular private riverfront terrace, a newly renovated fitness center, and an attached parking garage. -The Financials: 50% maximum financing permitted. There is a 2% flip tax payable by the buyer. Building Policies: Pied-Ã -terres are permitted with board approval. Cats are welcome. Sorry, no dogs. -Washer/Dryers: In-unit washer/dryers are now permitted subject to board approval. (Note: This is a relatively recent policy update for the building, and it comes with an extra electrical/plumbing surcharge to be determined by the board during the alteration agreement process). Please note that some images have been virtually staged.
Features
- Town: New York
- Levels: 20
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Lot Size: 200.830000x225.000000
- Laundry: Common On Floor,Common Area
- Complex: Cannon Point North
- Year Built: 1959
- Common Charge: $4,434 Monthly
- Approx Sq. Feet: 0
- Est. Taxes: $0
- Pet Policy: Building Cats OK,Cats OK
- MLS#: RLS20087075
- Days on Market: 50 days
- Website: https://www.raveis.com
/prop/RLS20087075/25suttonplaces_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.Listing courtesy of Compass Phone: (212) 913-9058
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
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New York (Sutton Place), NY, 10022
$1,550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $1,240,000 | $1,240,000 | $1,240,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,944 | $7,534 | $10,380 |
| Total Monthly Payment | $7,069 | $7,659 | $10,505 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535