New York (Sutton Place), NY, 10022 | $950,000

At 1, 444 square feet, Apartment 8CD offers a thoughtfully designed layout in an elegant pre-war Art Deco cooperative. A traditional entry foyer opens into a sprawling, south-facing 24' x 22' living room with abundant natural light and enough square footage to accommodate both living and dining areas comfortably. The windowed kitchen has been updated with granite countertops, custom wood cabinetry, and a wine fridge. Both bedrooms are oversized by any standard, positioned on opposite ends of the apartment, each with dedicated space that works well for a home office setup. There is a washer/dryer within and ample closet space throughout.

Built in the 1930s, 227 East 57th is a 20-story, 118-unit cooperative with a mint renovated lobby that reflects its era with marble floors, elegant wallpaper and wood-paneled elevators. The building offers a full-time doorman, live-in super, elevators, and basement laundry and storage. Whole Foods is steps away on 57th Street and Trader Joe's around the corner. Bloomingdales, Madison Avenue shopping, multiple subway lines, Central Park, and the Sutton Place waterfront are all within a few blocks. There is an assessment of $652 per month.

Co-purchase and pied-à-terre allowed with board approval. Subletting permitted after one year of residency. Pet friendly.

Features

  • Town: New York
  • Levels: 20
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building In Basement
  • Complex: 227 East 57th Street, Inc
  • Year Built: 1931
  • Common Charge: $3,694 Monthly
  • Approx Sq. Feet: 1,444
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20088024
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /prop/RLS20088024/227e57thstreet_newyork_ny?source=qrflyer
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Listing courtesy of Brown Harris Stevens Residential Sales LLC   Phone: (212) 906-9234

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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

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New York (Sutton Place), NY, 10022

$950,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
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 $92 $92 $92
Initial Principal & Interest Pmt $4,256 $4,618 $6,362
Total Monthly Payment $4,348 $4,710 $6,454

* 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.