Updated 5 years ago
Off Market
Cannon Point South
45 Sutton Place South, 12-AB
Sutton Place, Manhattan | East 54th Street & East 55th Street
8 Rooms4 Beds3.5 BathsCo-op
$1,669,000
Maintenance$4,595
Listing Features
- BuiltIns
- Corner Apartment
- Entry Foyer
- Home Office
- Potential Combo
- Track Lighting
- Eat-in Kitchen
- Open Kitchen
- Windowed Kitchen
- En Suite Bathroom
- Powder Room
Outdoor space and views
- East River
- North Exposure
- West Exposure
Building Amenities
- Full Service
- Elevator
- Fitness Facility
- Garage
- Laundry Room
- Renovated Lobby
- Roof Deck
- Storage
Policies
- No Dogs. Cats Allowed.
- No Smoking
Property Description for 45 Sutton Place South, 12-AB
Here is a rare opportunity to combine two extremely well priced adjacent apartments on Sutton Place South to create a spacious 3 or 4 bedroom home with 3.5 bathrooms.
Combine Apartment 12A, a one bedroom/1.5 bath and Apartment 12B, a 2 bedroom/2 bath, and create a spacious home with an eat-in kitchen, formal dining and living rooms plus 3 or 4 bedrooms, or create a loft-like expanse with an open kitchen-living-dining area as well as four bedrooms plus an office. A wall of west facing windows in each bedroom plus the L-shaped windows that wrap the dining and living rooms bathe the apartment in excellent natural light; there is even a river view from the living room.
Both apartments need renovation but the end result will create a space that is not easily found at this price, including renovation costs.
45 Sutton Place South is an extraordinarily well-run co-op, consisting of two separate wings each with two elevators and a service elevator, giving each wing a feeling of intimacy. There is a live-in Resident Manager, 24/7 doorperson plus concierge, beautiful roof deck with spectacular views, a recently renovated gym, attractive hallways, communal storage room and a parking garage with discounted monthly price for tenants.
45 Sutton Place South allows 50% financing, and there is a 2% flip tax paid by the buyer. It is a no smoking building and sorry, dogs are not allowed.
Ongoing Monthly Assessment $72.
This is a co-exclusive with Next StopNY Real Estate
Combine Apartment 12A, a one bedroom/1.5 bath and Apartment 12B, a 2 bedroom/2 bath, and create a spacious home with an eat-in kitchen, formal dining and living rooms plus 3 or 4 bedrooms, or create a loft-like expanse with an open kitchen-living-dining area as well as four bedrooms plus an office. A wall of west facing windows in each bedroom plus the L-shaped windows that wrap the dining and living rooms bathe the apartment in excellent natural light; there is even a river view from the living room.
Both apartments need renovation but the end result will create a space that is not easily found at this price, including renovation costs.
45 Sutton Place South is an extraordinarily well-run co-op, consisting of two separate wings each with two elevators and a service elevator, giving each wing a feeling of intimacy. There is a live-in Resident Manager, 24/7 doorperson plus concierge, beautiful roof deck with spectacular views, a recently renovated gym, attractive hallways, communal storage room and a parking garage with discounted monthly price for tenants.
45 Sutton Place South allows 50% financing, and there is a 2% flip tax paid by the buyer. It is a no smoking building and sorry, dogs are not allowed.
Ongoing Monthly Assessment $72.
This is a co-exclusive with Next StopNY Real Estate
Listing History for 45 Sutton Place South, 12-AB
Now
06/18/2021
POM by Susan Silverman
Brown Harris Stevens
04/07/2021
$1,669,000 [-$46,000] [2.7%]
Price Drop by Susan Silverman
Brown Harris Stevens
Building Details for 45 Sutton Place South
OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1959
Financing Allowed50%
Floors/Apts21/270
Transit and Citi Bike
Subway
Lexington Av/53 St
0.41 miles
Citi Bike
E 54 St & 1 Ave
0.14 miles
Southpoint Park
0.21 miles
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: 1926216
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