Updated 10 hours ago
In contract
85 Views
Plaza 400
Sutton Place, Manhattan | First Ave & Sutton Place
3.5 Rooms1 Bed1.5 Baths949 Square FeetCo-op

$629,000
Maintenance$2,047
Price Per SF
$663

Listing Features

  • Abundant Closets
  • BuiltIns
  • Dining Alcove
  • Entry Foyer
  • Penthouse/Top Flr
  • Refinished Floors
  • Storage Closet
  • Track Lighting
  • Adjoining Pantry
  • Dishwasher
  • Walk Thru Kitchen
  • Marble Bathroom
  • Powder Room

Outdoor space and views

  • City Views
  • North Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Driveway
  • Elevator
  • Garage
  • Health Club
  • Laundry Room
  • Playroom
  • Pool
  • Renovated Lobby
  • Resident Lounge
  • Roof Deck
  • Storage

Policies

  • No Pets
  • Pieds A Terre Ok

Property Description

400 East 56th St. 28F is a high-floor, large, one-bedroom, one and a half bath home with phenomenal light. This home offers a wonderful opportunity for those looking to add value to their investment. While the apartment is in fantastic condition, some may wish to renovate the kitchen and bathrooms to create their ideal modern home. Offering substantial space, you are instantly welcomed into the large entry foyer with a double front hall closet. The oversized living room flows seamlessly into the dining room, producing a large great-room perfect for entertainment with endless design opportunities. The spacious, king-sized bedroom has substantial storage space with a full wall of closets, and a full bathroom right out the door, creating a suite-like feel.

Additional features include newly refinished hardwood floors throughout, abundant storage space with five closets including a very large pantry/storage closet off the kitchen next to the half bathroom. Maintenance includes heat, hot water & electricity. Sorry no pets. 70% Financing, pied a terres and sublets allowed. There is a 2% flip tax paid by the purchaser.

A full-service Coop, Plaza 400 has impeccable financials and incredible amenities including: a 24-hr doorman and concierge, a bike room, state of the art fitness room, large laundry room and a garage. The top floor has a sky top recreational area, an outdoor heated pool, and a very large outdoor deck.

Listing History

Now
12/17/2022
Contract Signed by Jason T. Miller
Corcoran
10/11/2022
$629,000 [-$20,000] [3.1%]
Price Drop by Jonathan D. Schulz
Corcoran

Building Details

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1968
Financing Allowed70%
Floors/Apts38/604
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.3 miles
Lexington Av/59 St
0.42 miles
59 St
0.43 miles
51 St
0.45 miles

Building Availability

APPSF
Median
Average
$885
$825,000
$968,737
$777
$900,000
$946,788
Last 12 months
$907
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-

One Bed in Sutton Place

APPSF
Median
Average
$813
$730,000
$760,396
$816
$732,942
$790,993

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.

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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: 109525