Dazzling River View Residence! This stunning home is perched high above the East River and has huge terraces. Originally a two bedroom apartment, this extraordinary space now has an enormous living room/ dining room with breathtaking views and 10 foot ceilings, a luxurious master suite with a huge bathroom, an eat-in kitchen, powder room and an outside staff room with full bathroom. The entire apartment is flooded with natural light. The wide wrap terrace is accessible from the living room and master bedroom and is perfect for dining al fresco. The double-sized master bedroom has huge closets, and a solarium/ sitting room. The eat-in kitchen is sunfilled, has high end appliances and a desk area. Just across the kitchen service door is the outside staff room and full bath.
35 Sutton Place is a white glove cooperative building with 24-hour doorman, recently renovated lobby, elevator attendants, on-site resident manager, porters, a state-of-the art fitness center, roof deck, storage, laundry facility and on-site garage. 35 Sutton Place permits 60% financing and there is a 2% buyer transfer fee.
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