$725,000
Updated 3 years ago
Sold

Sutton Gardens

420 East 55th Street, 3-O

Sutton Place, Manhattan | First Ave & Sutton Place South

3.5 Rooms1 Bed1 Bath1,000 Square FeetCo-op

$725,000
Maintenance$1,838
Price Per SF
$725

This property was sold for $725,000 on 09/14/23.

Listing Features

  • Crown Moldings
  • Entry Foyer
  • Hardwood Floors
  • Separate Dining Area
  • Walk-in Closet
  • Adjoining Pantry
  • California Kitchen
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • Marble Bathroom

Outdoor space and views

  • Partial River

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, 3-O

A classic mid-century modern red brick building in the exclusive Sutton Place enclave, steps to shopping and the riverfront park, provides the ideal setting for your beautiful new home. Apartment 3-O is a bright and spacious Jr. 4, already configured as a 2 bedroom with a large living area, open kitchen and exceptional closet space with leafy green tree views and a partial RIVER view from the dining area. Move-in condition with nicely updated kitchen and bathroom, tastefully finished with classic design and materials in neutral tones. Great value, and the low price and reasonable maintenance, with 80% financing permitted by the co-op, make this a real opportunity for the savvy buyer. Monthly assessment of $610 per month through December 2024 and thereafter $305 for one year.

Sutton Gardens is a fantastic, well-established co-operative with wonderful amenities, including 24 hour door staff, live-in superintendent, garden courtyard, storage facilities and an attached parking garage. Pet friendly, too! Pied-a-terres, co-purchasers, guarantors and subletting are permitted with Board approval.

Sutton Place is a peaceful River enclave right in the heart of Manhattan, adjacent to the Bridge nearby making for an easy commute out east or Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick ber ride to Wall Street. It offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade!

Listing History for 420 East 55th Street, 3-O

Now
09/14/2023
$725,000
Sold and Closed by Ann Marie Folan
Douglas Elliman
03/27/2023
Contract Signed by Ann Marie Folan
Douglas Elliman

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 Agents

Contact Agents

Ann Marie Folan
Douglas Elliman
Maurizio Trois
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: 866081