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$3,743,000
List Price: $3,800,000
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425 East 58th Street #16AB
Coop in Sutton Place •  building info
5bd • 5ba • 4,200ft² $905 per ft²
Buy with Yoreevo

$3,743,000

List Price

$3,800,000

Key Details
Days on market
31
Last price change
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Estimated payment
$24,282
Monthly taxes
N/A
Monthly maintenance
$8,670
Description
Fabulous opportunity to have a sprawling (approximately 4200 sq. ft.) home in a top luxury cooperative. With a little TLC, the fine details, including herringbone oak floors and gorgeous crown molding will come alive again. A grand gallery with a marble floor opens to a double width living room, with a balcony, and a formal dining room. The large windowed kitchen has a WASHER AND DRYER, and there is a staff room and full bath. The master suite faces south and west and includes a dressing room, massive closet space and his and hers baths. In a separate wing, there are two additional bedrooms with ensuite baths, a home office and a huge library/media room with spectacular East River views. There is additional storage, and an exquisite powder room. This home has a private landing, 9 ft. ceilings and a flexible floor plan that could easily accommodate additional bedrooms. When The Sovereign was built in 1974, Paul Goldberger of The New York Times noted, "The Sovereign is in the super luxury category." The Emery Roth designed building has a lobby that "extends under the entire building, and there are four semiprivate halls per floor - a welcome (and expensive) alternative to the long, double loaded corridor. Such an arrangement has probably not been used in any New York building since the nineteen-thirties." Then as now, the residents are treated to impeccable world class service is provided by the staff that includes sentry, doorman, concierge, on-site management, valet parking in the 24 hr. garage equipped with Tesla charges. This mid-century building has an elegant lobby distinguished by Carlo Scarpa designed Venini chandeliers and rosewood paneling. There is a lobby level state of the art windowed gym, manicured gardens surround the building, and up to two dogs are permitted. Pied a Terre, Trusts and LLC purchase are permitted with Board Approval. Please call for an appointment and do not miss this opportunity!

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
City View
Water View
Building Amenities
Garage Parking
Laundry in Building
Bike Room
Concierge
Gym
Storage Space
Fios Available
Parking Available
Storage Available
Outdoor Space
Balcony
Coop Rules
Sublets Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$3,800,000
Asking Price: $3,800,000
Term
30 Years
Down Payment
$1,330,000 (35%)
Min: 35% (1,330,000)
Rate
6.5 %
Mortgage Amount
$2,470,000
Mortgage Payment
$15,612
Maintenance
$8,670
Estimated Yoreevo rebate
$57,000
Estimated closing cost
$64,000
Total monthly cost $24,282
Buy your dream home with us and get an estimated $57,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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