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This top-floor five-room residence at 350 East 57th Street is a rare opportunity for those looking to create a custom home in a premier prewar setting. Currently in estate condition and requiring a full renovation, this 15th-floor sanctuary enjoys exceptional privacy with no neighbors above and is flooded with natural light from triple exposures to the North, East, and South.
From a semi-private vestibule, the home opens into an elegant arched foyer that flows seamlessly into an expansive 27' x 25' Great Room. Anchored by a wood-burning fireplace and crowned by soaring 10-foot beamed ceilings, this grand space offers a sense of scale rarely found. While currently configured for open-concept living, the layout can easily be restored to include a formal dining room. The adjacent windowed kitchen and butler's pantry provide a classic footprint, ready to be transformed into a bespoke modern culinary suite.
The private wing features two large bedrooms, each with en-suite baths. The primary suite features a wall-to-wall closet plus two additional closets including a walk-in closet, while the secondary bedroom-currently configured as a den-also includes a walk-in closet and private bath.
Comprised of just 32 residences, Sutton Hall is a boutique full-service prewar cooperative with a 24-hour doorman, live-in resident manager and porters. Sutton Hall boasts exceptional architectural characters built in 1928 by K. P. Walker and the Garden Plan Company. Residents enjoy an extraordinary, landscaped rooftop garden adorned with Georgian brick arches, fluted columns, and terra cotta tilework, along with a separate sun deck furnished with lounge seating. Additional amenities include private caged storage and a central laundry room on the basement level.
Nestled along the East River, Sutton Place is a serene enclave defined by lush waterfront parks and the scenic East River Greenway. This historic neighborhood perfectly balances tranquil charm with modern city living, offering immediate access to Whole Foods, Trader Joe's, and an array of fine dining. With the FDR and easy connections to LGA, JFK, and Long Island nearby, this home serves as a peaceful retreat with the entire city within reach.
A 2% flip tax payable by the purchaser at closing.
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:
$995,000
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 | $796,000 | $796,000 | $796,000 |
| 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 | $4,457 | $4,837 | $6,663 |
| Total Monthly Payment | $4,549 | $4,929 | $6,755 |
* 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.