$1,200,000
Updated 4 years ago
Sold

50 Sutton Place South, 17-G

Sutton Place, Manhattan | East 54th Street & East 55th Street

6 Rooms3 Beds3 BathsCo-op

$1,200,000
Maintenance$4,977

This property was sold for $1,200,000 on 03/15/22.

Listing Features

  • Entry Foyer
  • Home Office

Outdoor space and views

  • Terrace
  • City Views
  • East Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Bike Storage
  • Fitness Facility
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 50 Sutton Place South, 17-G

Chance favors the prepared, and this is an opportunity to create a spectacular home of your dreams. This Classic Seven, in estate condition, three bedroom, three bath, plus maids room apartment, offers expansive space in a premium full service building. A huge entry foyer with original hardwood floors throughout, welcomes your arrival, with the formal dining room and living room beckoning you in with their open vistas of the East River.
Enjoy your coffee, or other favorite beverage on your outdoor terrace, abutting the living room, while watching the ships sail by on the river. All three bedrooms are large in scale and have open western exposures. The maids room is a bonus room and can be utilized as fourth bedroom or a home office. Bring your vision, and your architect, to this mammoth apartment which requires a discerning eye to bring it back to it's former glory. Freshly painted with new windows installed in the entirety of the apartment.

50 Sutton Place South is a post war, full service cooperative with outstanding financials. The amazing staff offers the highest level of service. It consists of full time doorman, concierge, attended elevators and a live in Resident Manager. There is also a fully equipped gym, laundry facility and garage, pied-a Terre and pets are welcomed. Flip tax of 2% of purchase price paid by buyer

Listing History for 50 Sutton Place South, 17-G

Now
03/29/2022
$1,200,000
Sold and Closed by Natalie Rakowski
Douglas Elliman
2022

Building Details for 50 Sutton Place South

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessAttended Elevator
Year Built1956
Financing Allowed65%
Floors/Apts22/193
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.39 miles

Citi Bike

E 54 St & 1 Ave
0.12 miles
E 58 St & 1 Ave (NE Corner)
0.22 miles

Contact Agents

Contact Agents

Natalie Rakowski
Douglas Elliman
Stephen Gallagher
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: 1934890