Located in the prestigious Two Sutton Place South, this sprawling, light-filled one bedroom, one and half bath residence features grand scale elegance. Enjoy treetop views overlooking vistas of the Sutton Place enclave from approximately 1,050 square feet of grandeur. Fine pre-war details include high beamed ceilings, crown moldings and original hardwood floors throughout. This divine home features a classic layout with spacious rooms comfortable for both large parties and cozy, daily living.
A spacious gallery opens into a majestic living room featuring oversized east-facing windows, a built-in bookcase and a beautiful decorative fireplace. The bright Master Suite also enjoys sunny eastern light and abundant closet space with a separate full bath. Both the living room and bedroom enjoy special views of the iconic One Sutton Place South with its gargoyles and arches, and are closely integrated into the compelling neighborhood activity below. A lovely square dining room leads to a windowed galley kitchen with a northern exposure. A windowed powder room and four large closets complete this fine home. This extraordinary residence offers a level of privacy and service for the most discerning buyer.
Originally designed by renowned architect Emery Roth circa 1938, Two Sutton Place South is a full-service, white glove cooperative with a limestone porte-cochere in the special enclave of Sutton Place; steps from the East River, fine shops and several forms of transportation. Amenities include full-time doorman, live-in superintendent, landscaped rooftop terrace, state-of-the-art gym, central laundry room and bicycle room. Washer/dryers are permitted with board approval. The coop now permits financing up to 50% and a 2.5% flip tax is payable by purchaser. Pieds-a-terre and pets are allowed. 2E is available to be combined with the neighboring 2F two bedroom residence. Bring your architect; your designer home awaits.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more