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Built in 1929, 14 Sutton Place South was designed by renowned architect Rosario Candela, who was best known for setting the standard in luxury pre-war, high-rise living, and the layout of apartment 5F is the perfect example of his work. This corner 2 bedroom 2 bath has sunny south facing tree-top views and a modern and elegant renovation with distinct touches of pre-war detail.
A splendid and spacious windowed kitchen is outfitted by Poggenpohl, featuring a Gaggenau oven and rangetop, a Wolf steam oven, Subzero refrigerator, Miele dishwasher, exceptional cabinet space, and a 12 X 18 pullout pantry.
The primary Bedroom boasts exquisite built-ins and large custom walk-in closet. An en-suite bathroom features a custom shower with radiant heated floors, a floating vanity, Toto toilet and designer fixtures. The second bedroom/den was cleverly designed with built-ins to accommodate either a bed or sofa to maximize the flexibility of this room. It enjoys its own similarly luxurious en-suite bathroom also with radiant floors.
This apartment was renovated from subfloor to the ceiling, with soundproof floors and upgraded 200 amp electric panel. There is also a two zone central A/C with wi-fi thermostats and a three zone heating system. There is endless storage with 10 closets including a large walk-in closet in the primary bedroom.
14 Sutton Place South is a highly coveted full service co-op with amenities that include a beautifully landscaped roof top deck, well-equipped gym, bike room and central laundry room. A basement storage unit transfers at closing and there no charge for the unit. Pied a terres are permitted. Pets are allowed with board approval. Maximum financing is 50%. There is a 2. 5% flip tax.
Sutton Place is an intimate residential enclave best known for quiet tree lined streets, stunning architecture and a series of pocket parks along the East River waterfront known as the Sutton Place Parks. There is a direct entry point to the esplanade close by, where you will find people biking, running, strolling or just taking in the breathtaking views of the east river and New York skyline. A vibrant local restaurant scene awaits you and there are many supermarket options with Whole Foods, Trader Joes and Morton Williams just a few blocks away. An added bonus is the convenient location to midtown Manhattan and easy access to the FDR Drive, the Queensboro Bridge, out east to Long Island and to the NYC airports.
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:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,359 | $6,896 | $9,451 |
| Total Monthly Payment | $6,484 | $7,021 | $9,576 |
* 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.