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Welcome to residence 8G at the prestigious Cannon Point North, a spacious and beautifully proportioned 3-bedroom, 3-bathroom residence offering comfort, elegance, and magnificent South and East views of the East River, Queensboro and Williamsburg Bridges and the iconic Pepsi- Cola sign! The views will delight and dazzle you both day and night! Stunning, unobstructed views of the East River, visible from multiple rooms through oversized picture windows that frame the serene waterfront scenery. These sweeping vistas bring a sense of calm and light into the home, offering a dynamic backdrop that transitions beautifully from sunlit mornings to twilight reflections. This residence offers a gracious and thoughtfully designed layout, beginning with a welcoming entry foyer that leads to an expansive living and dining room with panoramic views of the East River and Bridges. The large living and dining room makes entertaining or comfortable living seamless. The adjacent windowed kitchen provides lengthy counter space, and a large pantry. This home has beautiful wood floors, abundant closet space and enjoys a built-in sound system too. The three generously sized bedrooms all enjoy beautiful river views. The primary suite has a wall of custom closets and an en-suite bath. The second and third bedrooms each have dedicated bathrooms, one with a step-in shower and one with a bathtub. Each of the three generously sized bedrooms includes excellent closet space. In-unit washer/dryer is allowed upon board approval. Situated in an exceptional full-service cooperative “25 Sutton Place South” a full-service luxury cooperative. The professional staff includes a live-in resident manager, full-time doormen and concierge. Amenities include a recently renovated large, windowed fitness center, common laundry room, garage, and private storage. A stunning landscaped private terrace off the lobby offers residents a perfect outdoor retreat to relax and watch the boats sail by. Sutton Place is a beautiful, peaceful enclave surrounded by river front parks along the East River with convenient access to the airports, Long Island and downtown. Convenient shopping nearby includes Whole Foods, Trader Joe’s, and Morton Williams nearby along with wonderful fine & casual dining venues and world class shopping. There is also easy access to the newly opened East River Greenway. The building permits up to 50% financing. Maintenance includes electric. Sorry dogs are not allowed. hide full description
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Our Executive Mortgage Banker:
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$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,187 | $10,219 | $13,576 |
Total Monthly Payment | $9,312 | $10,344 | $13,701 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.