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Unit 9L at the coveted Sutton Gardens is a lovely oversized, corner one-bedroom residence, ideally situated on a picturesque tree-lined street in Manhattan's distinguished Sutton Place neighborhood. Bathed in natural northern and western light, this inviting home overlooks the building's beautifully landscaped gardens, creating a bright and tranquil living environment. Timeless parquet hardwood floors, abundant closet space, and a tastefully renovated bathroom complement the thoughtfully designed layout. The expansive living room is perfect for both entertaining and everyday living, while the generously proportioned bedroom easily accommodates a king-sized bedroom set, a dedicated home office, or an additional sitting area for reading and relaxation. Located at 420 East 55th Street, Sutton Gardens is a full-service, pet-friendly mid-century cooperative comprised of two elegant wings connected by a beautifully landscaped garden courtyard. Residents enjoy a thoughtful collection of amenities, including a 24-hour doorman, two laundry rooms, on-site storage, and an indoor parking garage. The building offers outstanding flexibility, welcoming pied-à-terre ownership, co-purchasing, trust purchases, and gifting. With just 20% down required and subletting permitted after two years of ownership, Sutton Gardens presents an attractive opportunity for both primary residents and those seeking a secondary place to call home. Experience the very best of Manhattan's East Side, with an outstanding selection of acclaimed restaurants, charming cafés, shopping, and everyday conveniences including Whole Foods, Trader Joe's, D'Agostino, and Morton Williams, all just moments from your doorstep. Just around the corner, the recently expanded East River Esplanade offers a scenic waterfront escape for walking, jogging, cycling, or simply unwinding by the river. A rare opportunity to own a gracious home in one of Sutton Place's most sought-after cooperatives. Shown by appointment with ease.
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:
$595,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,851 | $3,006 | $3,921 |
| Total Monthly Payment | $2,943 | $3,098 | $4,013 |
* 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.