Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$1,950,000
Potential Rebate: $29,250
Spectacular views dominate every room of this spacious 42nd floor luxury home. Walls of windows capture the mesmerizing activity of all varieties of water going vessels on the East River as well as beautiful city skyline views south and west. At approximately 1800 sq. ft. with nine ft. ceilings there is a grandeur to this 2 bedroom 2.5 bath home in The Sovereign. The gracious entry opens to a large south facing living room with a south and west facing dining area. Adjacent to the living room is the second bedroom which currently has French Doors opening to the room. The primary bedroom has abundant closet space. There are two ensuite marble baths plus a powder room. The large windowed kitchen has a separate laundry area and service entrance for deliveries from a manned elevator.<br> <br> The Sovereign is a full service luxury building with a lobby level gym, valet parking garage with Tesla charges, and year round heat and a/c available. The building is surrounded by well-maintained park like gardens. The lobby is furnished with midcentury classics such as Venini chandeliers and curated modern art.<br> <br> "When The Sovereign was built in 1974, Paul Goldberger of The New York Times noted, "The Sovereign is in the super luxury category." The Emery Roth designed building has a lobby that "extends under the entire building, and there are four semiprivate halls per floor - a welcome (and expensive) alternative to the long, double loaded corridor. Such an arrangement has probably not been used in any New York building since the nineteen-thirties."<br> <br> Then as now, with only two apartments per floor, the residents are treated to impeccable world class service is provided by the staff that includes sentry, doorman, concierge,on-site management, valet parking in the 24 hr. garage equipped with Tesla charges. This mid-century building has an elegant lobby distinguished by Carlo Scarpa designed Venini chandeliers and rosewood paneling." Amenities include a state-of-the-art windowed gym, and manicured gardens surrounding the building.
$14,598 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$29,250
Monthly savings impact
$81/mo
Effective Purchase Price
$1,920,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20041416
RLS at REBNY

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20041416
RLS at REBNY

Compare average listing prices and value metrics for The Sovereign against the surrounding Sutton Place market.
than the Sutton Place price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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