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$980,000
List Price: $1,000,000
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425 East 58th Street #4F
Coop in Sutton Place •  building info
1bd • 1.5ba • 1,400ft² $714 per ft²
Buy with Yoreevo

$980,000

List Price

$1,000,000

Key Details
Days on market
45
Last price change
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Estimated payment
$6,606/mo
Taxes
Included in maintenance fees
Maintenance
$2,498/mo
Description
Discover luxury living at its finest in the Sovereign. This spacious 1 bedroom, 1.5 bathroom apartment boasts approximately 1400 square feet of living space to create your perfect home in the city. You have views of the 59th street bridge (and a peek of the river) from almost anywhere in the apartment, offering a real city backdrop to your daily life. Step out of the express elevator into the semi-private landing. Open the door and an entry foyer leads to a gracious gallery with a perfect wall for displaying large format art. A powder room for guests is tucked away off the gallery, along with an extra set of closets. In the oversized living room you'll see the infinite layout options; you could easily entertain a group of 20 in style in this living space between the living room, gallery, dining room and kitchen. Easy upgrades like replacing the floors and updating the kitchen (and new windows, required) will make this apartment shine, and will add instant equity. Apartments in this line typically sell for about $400,000 more, and also have higher maintenance. The gracious bedroom which includes a walk-in closet, almost the size of a dressing room, and an ensuite 4-piece bathroom with a soaking tub and a walk-in shower. Enjoy a Bosch Washer/Dryer right in your apartment! Hotel-like amenities at the Sovereign, include a full-time doorman, concierge, live-in super, friendly staff, gym, and on-site valet garage. Pets are permitted and purchase in trust/LLC is allowed with board approval. Located in the wonderful residential neighborhood of Sutton Place, the Sovereign is a luxurious building and convenient to transportation: the building is located a few blocks away from the 59th Street Bridge and FDR Drive, and the 4/5/6/N/R/W trains are also nearby with an entrance at 60th and 3rd Avenue. Shopping includes Whole Foods, Trader Joe's across the street, a wonderful butcher, cheese store, and bakeries nearby. 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. This is a rare opportunity to own a wonderful home or pied a terre in a terrific building in a terrific neighborhood. Don't miss out on this chance to make this apartment yours for $1,000,000.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Unit features
Storage Available
View

City

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Parking

Garage

Storage Space
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$1,000,000
Asking Price: $1,000,000
Term
30 Years
Down Payment
$350,000 (35%)
Min: 35% (350,000)
Rate
6.5 %
Mortgage Amount
$650,000
Mortgage Payment
$4,108
Maintenance
$2,498
Estimated Yoreevo rebate
$20,000
Estimated closing cost
$17,000
Total monthly cost $6,606
Buy your dream home with us and get an estimated $20,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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