--- title: "425 East 58TH Street #42B, New York, NY 10022" description: "425 East 58TH Street #42B, New York, NY 10022 — NYC real estate listing on Real Estate Rebate Team. Priced at $2,100,000. Est. potential buyer savings up to $52,500 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/425-east-58th-street-b-42B-ny-10022" source: "Real Estate Rebate Team" --- # 425 East 58TH Street #42B, New York, NY 10022 > **Listing Courtesy of:** Corcoran Group ## Description Beautifully renovated with sweeping river and city views throughout, this 42nd floor 2BR, 2.5BA apartment is breath-taking. The spacious entrance gallery opens to expansive views from the living room and dining room . A convenient powder room is located just off the gallery. The large, windowed kitchen was expanded from the original floor plan and includes space for dining as well as a separate laundry area with washer and dryer. The primary bedroom has excellent closet space in addition to custom built-in storage, and its ensuite bath has both a tub and a separate walk-in shower. A second bedroom with an ensuite bathroom is currently used as a library /den. It has two sets of double doors which can be opened to the living room. Beautiful hardwood floors. New windows throughout. Central A/C and heating are available year-round. Designed by the renowned Emery Roth and Sons, The Sovereign is a beautifully designed and well-managed building. Its magnificent lobby spans the entire base of the building. 4 elevator banks mean that there are only 2 apartments on each landing. Pets (up to 2 dogs) are permitted. Purchases via Trusts, LLCs and Pied-a-terre ownership are allowed with Board approval. Up to 65% financing is allowed. 2% flip tax split 50/50 between buyer and seller. Top quality service and amenities include : - On-site 24-hour valet parking with EV charging stations -On-site resident manager and management team - 24 /7 concierge, doorman and sentry - Windowed state-of-the-art fitness center - Landscaped gardens - Bicycle and Private (waitlist) storage Located in the tranquil Sutton Place neighborhood, a block from the E ast River Promenade, The Sovereign is an excellent place to call home. ## Property Details - **Price**: $2,100,000 - **Potential Buyer Rebate**: $52,500 - **Bedrooms**: 2 - **Bathrooms**: 2 full, 1 half - **Living Area**: 1,800 sqft - **Property Type**: Residential - **Year Built**: 1975 - **Building**: The Sovereign - **Neighbourhood**: Sutton Place - **Area / Borough**: Manhattan - **Subdivision**: Sutton Place - **Listing Office**: Corcoran Group - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$52,500** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/the-sovereign) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/sutton-place) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.