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220 East 57th Street #6C
Coop in Sutton Place •  building info
studio • 1ba
List Price

$520,000

Key Details
Days on market
43
Last price change
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Estimated payment
$4,015/mo
Taxes
Included in maintenance fees
Maintenance
$1,386/mo
Description
Welcome to this spacious alcove studio, thoughtfully converted into a one-bedroom layout with an additional home office. Bathed in natural light, the apartment boasts four south-facing windows ensuring brightness throughout the day. Storage is a breeze with an abundance of custom closets. The Carlton East was originally constructed in 1962 and transformed into a co-op in 1978, this residence features a striking blue-brick facade and a canopied entrance. The building offers full-time doorman service, live-in superintendent, central laundry facilities, two elevators, storage cages and bike storage. Recently renovated hallways and impeccable maintenance enhance the building's appeal. The co-op allows for 80% financing, co-purchasing, guarantors, pied-a-terre, and unlimited subletting after one year of occupancy. Pets are permitted for shareholders. Nestled in one of New York City's most accessible neighborhoods, Carlton East places you close to the city's finest offerings. A large Whole Foods Market is conveniently located downstairs, and iconic shopping destinations such as Tiffany & Co., Bloomingdale's, Bergdorf Goodman, and Nordstrom are just minutes away. Commuting is effortless with express and local subway lines (4/5/6 and N/Q/R) at 59th Street and Lexington Avenue, just four blocks away. Additional E/M service is accessible at Lexington Avenue and 53rd Street, and crosstown buses (M57 and M31) stop at the nearest corner. Experience the best of city living at this exceptional Billionaire's Row residence! There will be a four-year quarterly capital assessment of $9.40/share/year to be paid on March 1st, June 1st, September 1st, and December 1st. The quarterly assessment is $951.50. The capital assessment will be implemented to fund critical projects essential to maintaining and improving the building's infrastructure. These necessary upgrades will ensure the general function, safety, and compliance with new city regulations, while preserving the building's long-term value. Some of the projects that require funding through this assessment include HVAC & Plumbing Overhauls, Compliance with Local Law Regulations, and Elevator Modernization. Photos are virtually staged.

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Important Stuff
Elevator
Full Time Doorman
Policies
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Unit features
Dishwasher
Hardwood floors
Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Storage

Locker/Cage

Wheelchair Access
Building info

History
What it'll cost
Purchase price
$520,000
Asking Price: $520,000
Term
30 Years
Down Payment
$104,000 (20%)
Min: 20% (104,000)
Rate
6.5 %
Mortgage Amount
$416,000
Mortgage Payment
$2,629
Maintenance
$1,386
Estimated closing cost
$7,000
Total monthly cost $4,015
Listing Courtesy of Douglas Elliman

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