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$7,276,667
List Price: $7,400,000
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1 Sutton Place South #4C
Coop in Sutton Place •  building info
6bd • 5ba
Buy with Yoreevo

$7,276,667

List Price

$7,400,000

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Key Details
Days on market
262
Last price change
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Estimated payment
$41,149
Monthly taxes
N/A
Monthly maintenance
$17,151
Description
Spectacular, approximately 5600' home, boasts a sprawling layout reminiscent of a grand country manor, with high ceilings, huge windows, and beautiful prewar details. The sense of seclusion and privacy begins with the limestone Porte Cochere with circular driveway. The concierge and doorman greet you at the beautiful wrought iron doors to the stunning lobby. Before you, glass French doors open to the manicured terraced gardens, often described as feeling like Lake Como. 4C (5th floor) wraps itself around you with opulence, grand rooms, and nature. It encompasses the full floor of the north wing offering a private elevator landing and views from each of its four exposures. Situated on the prime floor, the vistas of mature trees, lush gardens, and the river glistening beyond, are as rare as is 1 Sutton Place South, a most prestigious building that defies its presence in the city. The home maintains the proper sequence of rooms from the entry to the grand center gallery. The majestic living room, nearly 28' x 20' with floor to ceiling windows, library, and primary suite all face the river with approximately 60' of frontage. The five to six secondary bedrooms wrap from the north to the west sides of the home with views over Sutton Gardens to the treetops of Sutton Place South. There are five full bathrooms. The formal dining room and massive kitchen look to the gardens and river. Sunlight fills every room. At night are the twinkling lights of the 59th Street Bridge in the distance. The private gardens and new Sutton Place promenade completely obscure the view and sounds of the FDR. This home needs a renovation. There are HVAC units, C/A permitted with approval. Please contact us for more details. Sutton Place was developed to be a quiet enclave which it continues to be to this day. In the last 2-3 years, it has become the first-choice neighborhood for many discerning buyers seeking an escape from the rush and cacophony of the city, easy access out of the city to the Hamptons and both Kennedy and La Guardia Airports. Within 1-4 blocks are lovely restaurants and cafes, all of life's amenities, Wholefoods, and the infamous 57th Street crosstown bus to the West Side. Check out the passengers in evening wear, on their way to Carnegie Hall and Lincoln Center. Of course, there is the private driveway for your car and driver. Candela building, built in 1927, permits 50% financing. Maintenance paid quarterly. 3% flip paid by purchaser. Pets permitted. Amenities include garden with private and comfortable areas to relax, and a private gym. Storage bin transfers with sale. The building now allows shareholders a longer period of time for renovation and also extended work hours.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
City View
Fireplace
Water View
Building Amenities
Gym
Fios Available
Building info

History
What it'll cost
Purchase price
$7,400,000
Asking Price: $7,400,000
Term
30 Years
Down Payment
$3,700,000 (50%)
Min: 50% (3,700,000)
Rate
6.75 %
Mortgage Amount
$3,700,000
Mortgage Payment
$23,998
Maintenance
$17,151
Estimated Yoreevo rebate
$123,333
Estimated closing cost
$174,000
Total monthly cost $41,149
Buy your dream home with us and get an estimated
$123,333 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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