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$5,162,500
List Price: $5,250,000
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1 Sutton Place South #7C
Coop in Sutton Place •  building info
2bd • 2.5ba
Buy with Yoreevo

$5,162,500

List Price

$5,250,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
555
Last price change
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Estimated payment
$26,263
Monthly taxes
N/A
Monthly maintenance
$9,671
Description
THE RIVER IS EVERYWHERE In the mist of a cosmopolitan city, walking home to One Sutton Place South is like walking home to the country. Each block is quieter than the last, until you arrive at a serene, elegant limestone cooperative built in 1927 by Henry Phipps, Jr. Upon entering, you are greeted by elegant green gardens followed by views of the incomparable East River. UNIQUE BUILDING FEATURES This building is positioned on the eastern side of Sutton Place South directly overlooking its own gardens and the riveting currents of the East River. It has a covered Porte-Cochere that makes entry to this building particularly private. There are three attendants who provide immediate assistance. THE RENOVATION Engaging the most talented artisans and designers, this 2 bedroom two-and-a-half bath residence has been skillfully restored and renovated by the owner to include features such as: new windows, electric, and plumbing; steam shower and jacuzzi in the master suite; working wood-burning fireplace in the living room; central air-conditioning with two air compressors and humidification system; audio and alarm system; restored original wood paneling and an unusually large private storage room in the basement measuring 7'8" x 12'2". THE APARTMENT There are 13 windows each with East River views. Just those windows facing east offer over 50 feet of East River views. There are 3 corner rooms that increase the light that spills into this apartment. The first corner room, the living room, also has a wood-burning fireplace and faces both east and south. The master suite is the second major corner room, granting a panorama encompassing Morgan and Vanderbilt's townhouses on Sutton Place to the north and the 59th Street bridge to the east. The master suite begins with hallways replete with storage: two large closets as you enter and an array of custom-designed closets between the master bedroom and bath. The windowed master bathroom includes a steam shower and Jacuzzi bathtub. The third corner room is a kitchen with a gorgeous eight Riverview. This apartment is distinguished by its gracious and spacious layout of beautifully proportioned rooms. Sunlight spills into each room through all 13 windows of this masterfully renovated residence. 3% flip tax paid by the purchaser. In summary, it has been said that nothing does more to combat stress and to maintain health than to be in the presence of nature and water. This apartment offers both in abundance.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Fireplace
Water View
Central Air
Building Amenities
Gym
Fios Available
History
What it'll cost
Purchase price
$5,250,000
Asking Price: $5,250,000
Term
30 Years
Down Payment
$2,625,000 (50%)
Min: 50% (2,625,000)
Rate
6.5 %
Mortgage Amount
$2,625,000
Mortgage Payment
$16,592
Maintenance
$9,671
Estimated Yoreevo rebate
$87,500
Estimated closing cost
$126,000
Total monthly cost $26,263
Buy your dream home with us and get an estimated
$87,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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