$775,000
Updated 5 years ago
Off Market

Sutton Gardens

420 East 55th Street, 8-O

Sutton Place, Manhattan | First Ave & Sutton Place South

4 Rooms1 Bed1 BathCo-op

$775,000
Maintenance$1,864

Listing Features

  • Abundant Closets
  • BuiltIns
  • Corner Apartment
  • Crown Moldings
  • Entry Foyer
  • French Doors
  • Hardwood Floors
  • Home Office
  • Moldings
  • Murphy Bed
  • Walk-in Closet
  • Wall of Windows
  • Dishwasher
  • Open Kitchen
  • Pedestal Sink
  • Soaking Tub

Outdoor space and views

  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Cold Storage
  • Elevator
  • Garage
  • Garden
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 420 East 55th Street, 8-O

This is a beautifully renovated 1 bedroom apartment, with a home office/guest room, featuring a spacious entry foyer with a large walk-in closet. The apartment was designed and painted by Muralist Mark Chamberlain utilizing Farrow & Ball paint. The well-appointed kitchen has a quartzite counter area that runs the length of the kitchen and is open to the living room. The living/dining room features crown moldings and lovely hardwood floors as well as a built-in bar and motorized TV cabinet. The cleverly designed French doors separate the living room and home office where a built-in walnut wood paneled wall unit opens to reveal a Murphy bed. The full bathroom includes a pedestal sink and a soaking tub. The bedroom can easily fit a king-sized bed and features two closets - one of which is a walk-in closet. The apartment has a Southern exposure as well as one window facing East toward the River. Sutton Gardens is a post-war co-op building with 24-hour full-time doormen, live-in super, on-site storage, on-site parking and two laundry rooms. The East River is just a block away where you can enjoy Sutton Place Park. Restaurants and a plethora of amenities are nearby. The M57 bus is just on the corner and other transportation is easily accessible at Third Avenue or Lexington Avenue. Please note that Co-Purchasing is allowed as well as 80% financing is permitted. Subletting is permitted after two years of ownership. Pet friendly with board approval. Also available for rent at $3,000/mo.

Listing History for 420 East 55th Street, 8-O

Now
05/14/2021
TOM by Leonard Gottlieb
Compass
04/03/2021
$775,000 [-$24,000] [3%]
Price Drop by Leonard Gottlieb
Compass

Building Details for 420 East 55th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1956
Financing Allowed80%
Floors/Apts12/237
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.31 miles
51 St
0.45 miles
Lexington Av/59 St
0.46 miles
59 St
0.47 miles

Citi Bike

E 54 St & 1 Ave
0.05 miles
E 58 St & 1 Ave (NE Corner)
0.17 miles

Contact Agent

Contact Agent

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: 1639366