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Outdoor space lovers, look no further! Two large, uncovered terraces flank this gracious 6 room apartment with relaxing outdoor space from the peace of Sutton Place.
Enter into the generous living/dining room. Light spills in through the oversized southern windows. Measuring at 20'x25', this great room allows for entertaining groups of up to 20 with ease, with guests mingling in the living room, chatting in the kitchen and enjoying cocktails on the terrace.
The fully equipped kitchen is both stylish and functional, eschewing the overused greys and muted tones and embracing a blue tile backsplash, stone countertops a farm-style sink and blue lacquered cabinetry, while still having the conveniences of high-end appliances such as sub-zero and a Wolf range.
In total the apartment has 780 square feet uncovered outdoor space, commanding a enviable position more than 175 feet above East 57th Street. Both terraces have power and irrigation and have recently had the pavers redone. Use one terrace for entertaining and another as a private retreat, located conveniently off the primary bedroom.
Enjoy the flexible layout with a den/third bedroom with French doors off the great room. Shared access to the 2nd bedroom allows for the convenience of an ensuite while still providing a bathroom for guest use. Features such as 12 closets, original oak flooring, oversize bedrooms (the smallest is 180 SF!), and triple exposures make this apartment truly special.
Located in the wonderful residential Sutton Place neighborhood, 440 East 57th Street is a full-service building with a 24 hour doorman, resident manager, and a newly refurbished facade. This building is in close proximity to the 59th Street Bridge and FDRDrive making it very convenient for transportation. Shopping including Whole Foods and the new Trader Joe's around the corner. Dozens of restaurants in every cuisine imaginable (American, Greek, Italian, French, Japanese, South Indian, and Lebanese to name a few) are within a few blocks. Pets are allowed and pied-a-terres.
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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 |
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Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,220 | $11,526 | $15,311 |
Total Monthly Payment | $10,345 | $11,651 | $15,436 |
* 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.