Total Est. Monthly Carrying Cost:
$38,764 ($6.06/ft2)
Note: the above is based on a down payment of 50% ($3,425,000),
which is the minimum amount permitted by the building.
Description
Available for the first time in decades, this five-bedroom, five-and-one-half-bathroom apartment is a truly unique opportunity. Combine the comfort of a spacious private home with the extravagance of a luxury, full-service building.
Well proportioned, with approximately 6,400 square feet spread across two floors and two private terraces, 425 East 58th, 37A resembles the layout of a standalone house but perched on a high floor above Manhattan with iconic and illustrious New York City views in every directionnotably the Empire State Building, the Chrysler Building, the East River, and the Ed Koch Bridge.
This exclusive apartment is accessed by a private elevator landing on the 37th floor. Inside, the expansive foyer is distinguished by a gorgeous grand staircase to the 38th floor.
On the lower level, ahead of the staircase, is an equally grand entertaining space.
Approximately 40’ by 28,’ the lavish living room is fit to host New York’s finest, with two separate seating areas, built-in speakers, a full wet bar, a powder room, and a private North-facing terrace overlooking the bridge.
Behind the staircase, to the South, is an oversized, windowed, chef’s kitchen with double of almost everything: dual islands, dual sinks, dual dishwashers, a Viking 6-burner cooktop and oven, and a Subzero side-by-side refrigerator and freezer. The kitchen also includes a service entrance and an informal eight-person eating area. Beyond sliding double doors is the formal dining room which can host up to 20 people and also features built-in speakers.
On the corner, the dining room has South and West exposures with views of the Empire State Building and Chrysler building.
Beyond the living room, is a generous primary suite, secondary bedroom with ensuite bath and one of the apartment’s two spacious laundry rooms. The corner primary suite with North and East exposures includes a private sitting room, large walk-in closet, and ensuite windowed, five-fixture bath. The superb bathroom features dual vanities, a spa tub for two, a separate shower with dual showerheads, and a makeup counter with separate sink.
Atop the magnificent staircase, on the upper level, is a second living room and three more bedrooms.
Outfitted with custom built in cabinets surrounding a decorative fireplace, the upper living room is the perfect place to unwind and features a second private terrace overlooking the bridge. Each of the bedrooms features generous closet space and a private bathroom. The upper level also features a large storage area with a full refrigerator and a second, fully-equipped laundry room with service entrance.
The home is outfitted with new, sound-proof windows, recessed lighting, central heating and air conditioning, bespoke built-ins, and an intercom system throughout.
Each room is accented with custom moldings and luxurious finishes from lush hardwoods to smooth marbles. Pocket doors and abundant storage30+ linear feet of closet space in addition to three walk-in closetsmake for smart uses of space, with room to grow.
The volume and scale of this home is truly extraordinary, offering privacy and comfort for day-to-day living or entertaining on a grand scale.
The luxurious house-like apartment is in The Sovereign, a 47-story co-op located in coveted Sutton Place. The building was designed by acclaimed architect Emery Roth, who also designed the San Remo.
Residents enjoy elite, white-glove services including 24-hour doormen, porters, concierge staff, and parking valet service. Amenities include a renovated state-of-the-art fitness center and a landscaped garden.
Maintenance includes gas, water, heating, and air conditioning. Pets welcome. Private storage and bike parking available.
Flip tax of 2%: buyer pays 1% and seller pays 1%. Building requires 35% downpayment. This home is also available for rent.
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