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350 East 57th Street 11B is an elegant pre-war Classic 7 that reflects a time when superior craftsmanship produced spacious and graceful homes in the Sutton Place neighborhood.
Step off the elevator on the 11th floor into a semi-private vestibule and enter Residence 11B through a welcoming gallery. The gallery has beautiful wainscoting and a paneled archway. The grand living room features built-in bookcases with fluted moldings, a wood-burning fireplace with a decorative mantel and open views that flood the space with natural light throughout the day. The expansive formal dining room is connected to both the entry gallery and the living room through two sets of gracious double doors, as well as directly to the butler's pantry. The butler's pantry provides a sink for food preparation and commodious custom maple cabinets and drawers. The updated windowed kitchen also has custom maple cabinetry and contains top-tier appliances, including a SubZero refrigerator, Viking stovetop and double wall ovens, and Miele dishwasher, washer and dryer. The dryer and cooktop exhaust outdoors. A rear entrance leads to the recycling bins and a service elevator for freight, domestic employees, and workers. Near the kitchen, a fourth bedroom that could also be used as an office or exercise room is accompanied by a full bath.
The three South-facing bedrooms are spacious and have direct sunlight. The large primary bedroom features dual exposures, a walk-in closet, a built-in bookcase and cabinet and an en-suite bath. The two additional bedrooms are generously sized and share a full bathroom - one has a walk-in closet with built-ins and the other has two closets, one paneled in cedar.
This home is rich in architectural details, including high beamed ceilings, large double-paned Pella windows, elegant moldings, hardwood floors, and abundant closet and storage space. Through-wall air conditioning is installed throughout. A large private storage unit in the basement transfers with the apartment.
Residents share access to two rooftop terraces - one a beautifully planted garden with decorative arches and columns, the other a spacious deck with river views ideal for sunbathing and entertaining.
350 East 57th Street is a boutique, full-service cooperative with only 32 residences. It is pet-friendly and has full-time door staff, two porters, a live-in resident manager, and a common laundry room. Pied-a-terres are allowed. Ideally located near Sutton Parks, the recently completed East River Greenway, Whole Foods, Trader Joe's, the FDR Drive and an array of dining options, this exceptional home perfectly balances historic charm with modern convenience.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,399,200 | $1,399,200 | $1,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,055 | $8,959 | $11,997 |
Total Monthly Payment | $8,180 | $9,084 | $12,122 |
* 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.