Total Est. Monthly Carrying Cost:
$8,865 ($4.88/ft2)
Note: the above is based on a down payment of 50% ($600,000),
which is the minimum amount permitted by the building.
Description
SUTTON PLACE BEAUTY
Unique opportunity at an unbeatable value in the exclusive enclave of Sutton Place! A sprawling Maisonette apartment of approximately 1,800 square feet and 9 foot ceilings in a prestigious prewar building, ideal for a large family or as a most incredible live-work opportunity, the possibilities are endless! Who needs the suburbs when the private street entrance (as well as a lobby entrance) gives the apartment the feel of a private house on a quiet tree lined block steps to the park overlooking the river, or to shopping, dining, houses of worship or transportation, with all the amenities of a full service co-op (24 hour doorman, supremely attentive resident superintendent, fitness center and roof deck to name but a few).
You can truly have the best of both worlds here!
The space itself, replete with fantastic prewar details like gorgeous oak herringbone floors, high beamed ceilings and original white subway tile in both bathrooms, is in excellent condition with fresh white paint and refinished floors, so you could move right in or customize to your needs. In its present configuration, the apartment has a great flow, with large proportioned rooms, including a tremendous great room for living/dining with pretty streetscape views and great light all day, a large primary suite (with so much closet space you just might swoon!), a good sized secondary bedroom and a massive third bedroom. There’s also a huge windowed kitchen, separate laundry room and fantastic storage space.
Simple renovations would create a true four bedroom home, with plenty of space for a large family, and there’s even an ideal spot for homeschooling. The sleek kitchen is serviceable as it is but you could create a chef’s dream kitchen or even a Kosher kitchen as there is plenty of space for duplicate sinks and appliances. If the existing two full baths are not enough, the large laundry room could be converted into a third full bath or laundry-plus-powder room.
The space could also be readily adapted into two separate but connected units, a 2 bedroom, 2 bath residence, entered through the elegant lobby plus a flexible two or three room office with bath and kitchenette entered from the sidewalk, truly ideal for the professional or anybody whose career affords the flexibility to work from home.
Asking only $1,200,000, with approximately 1,800 square feet, this apartment is priced well below the average price per square foot for prewar Manhattan co-ops. Please note that the accompanying alternative floorplans are for illustrative purposes only. Any proposed renovations would need to be confirmed by your architect and approved by the co-op.
Sutton Place is a peaceful River enclave right in the heart of Manhattan, adjacent to the Bridge nearby making for an easy commute out east or Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick ber ride to Wall Street. It offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow’s, Morso and Bistro Vendome, which are neighborhood favorites.
Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade! Built in 1928, 410 East 57th Street is a white glove full-service luxury prewar cooperative with 24-hour doorman service, supremely attentive resident manager and elevator operator, a stunning marble lobby, fitness center, laundry, bike storage, and a residents only beautifully landscaped garden offering a peaceful retreat. Pied-a-terres and up to 50% financing permitted. There is an $811.20 monthly assessment through July 2024.
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