$5,245,000
Updated 10 years ago
Off Market

The Sovereign

425 East 58th Street, 16AB/15B

Sutton Place, Manhattan | First Ave & Sutton Place

12 Rooms5 Beds7.5 Baths6,000 Square FeetCo-op

$5,245,000
Maintenance$10,092
Price Per SF
$874

Listing Features

  • BuiltIns
  • Combined Apartment
  • Corner Apartment
  • Dressing Area
  • Duplex
  • Entry Foyer
  • Family Room
  • Galley Kitchen
  • Hardwood Floors
  • Home Office
  • Laundry Room
  • Library / Den
  • Moldings
  • Private Elevator
  • Split Bedrooms
  • Storage Closet
  • Track Lighting
  • Walk-in Closet
  • Washer / Dryer
  • Oversized Windows
  • Window Treatments
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Microwave
  • Service Entrance
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Stall Shower

Outdoor space and views

  • Balcony [12'x9']
  • Bridge Views
  • City Views
  • East River
  • Queensboro Bridge
  • Skyline Views
  • Water Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Driveway
  • Elevator
  • Fitness Facility
  • Garage
  • Garden
  • Laundry Room
  • Storage
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 425 East 58th Street, 16AB/15B

Residence 16AB/15B: This is an extraordinary opportunity for a savvy buyer to create a spectacular home in NYC! Enjoy our own elevator landing and more with approx. 6,000 sq. ft. of 9-foot ceilings and a captivating view of the 59th Street Bridge. This home is priced at an exceptional value of only $874 per sq. ft. and provides an outstanding opportunity for the buyer who has a vision and wants to create their dream home by realizing what this investment will yield upon completion. At The Sovereign, old world elegance and sophistication have not been lost. The highest level of service is provided with 24-Hour Doormen, a 24-Hour Concierge who hands your mail to you every day, 24-Hour Sentry and a 24/7 valet garage. Each residence offers central HVAC, washer/dryer and a separate service entrance in the kitchen. The Sovereign has a brand new state-of -the-art gym, bike room, as well as private storage. Pied-a-terres and pets are permitted! LLCs are allowed on a case-by-case basis. Set aside from the busy thoroughfares of Manhattan, Sutton Place is a neighborhood like no other. A lush sanctuary and serenity abound with the East River Promenade and its quiet streets as the main focal points. This magical neighborhood offers a relaxing and soothing atmosphere to come home to at the end of the day--notable schools, unparalleled and central access to the 59th Street Bridge, the RFK, fine dining and the best shopping in the world!

Listing History for 425 East 58th Street, 16AB/15B

Now
01/11/2017
POM by Leslie Axman
Douglas Elliman
2017

Building Details for 425 East 58th Street

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1974
Financing Allowed50%
Floors/Apts47/360
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/59 St
0.39 miles
Lexington Av/53 St
0.39 miles
59 St
0.41 miles
Lexington Av/63 St
0.46 miles

Citi Bike

E 58 St & 1 Ave (NE Corner)
0.02 miles
E 58 St & 1 Ave (NW Corner)
0.05 miles

Contact Agent

Contact Agent

Leslie Axman
Douglas Elliman

Sutton Place | Manhattan

Quick Profile

Sutton Place is usually described with favorable words like charming, cozy, great neighborhood, hidden gem, sanctuary, or even small village inside a big city. Those descriptions aren’t from real estate folks either, they’re from the people that live and work there, so it must be true.

The quiet and upscale neighborhood is more like an enclave. It’s bounded by East 53rd Street to the south, East 59th Street to the North, First Avenue to the west, and the East River to the east. Most residents will tell you that everything you’ll ever need is located in the neighborhood. When it’s time to venture out into the cityscape, Sutton Place is within easy reach to Midtown and cultural attractions like the Museum of Modern Art, Rockefeller Center, Central Park and other iconic sites.   

Manhattan has always had notable celebrity residents. But for unknown reasons, Sutton Place has had more than its share of superstars over the years. Some of the more iconic celebs include: Marilyn Monroe and Arthur Miller, Freddie Mercury, Sigourney Weaver, Joan Crawford, Michael Jackson and sister Latoya (Just for one summer).

Sutton Place is named after Effingham B. Sutton, a shipping merchant and entrepreneur. After hitting it big in the California gold rush, Sutton built brownstones along East 57th and East 58th streets with aspirations of making the section more residential. Poverty and crime dashed his dreams. The street gangs that hung out along the dead-ends and cul-de-sacs added to the neighborhood’s decay. Sutton was about to give up on his development endeavors but the Vanderbilt’s and the Morgan’s showed up in the 1920s and transformed the neighborhood. It soon became a wealthy enclave.

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.
OLR ID: 1208385