--- title: "40 Sutton Place Condos for Sale in Manhattan | Buyer Savings" description: "View active listings, prices, and amenities at 40 Sutton Place, located at 40 Sutton Place, New York, NY 10022 in Manhattan. Buy a condo with Buyer Advantage savings." url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-sutton-place" source: "Real Estate Rebate Team" dateModified: "2026-09-10T08:55:15.763Z" --- # 40 Sutton Place 40 Sutton Place, New York, NY 10022 Sutton Place · Condominium · Built 1966 Availability last updated: September 10, 2026, 4:55 AM ## At a Glance - **Active Units**: 3 Units - **Starting Price**: $540,000 - **Property Type**: Condominium - **Year Built**: 1966 ## Illustrative Buyer Savings **$10,650 at Closing** Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction. Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities. **Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335. [Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%2040%20Sutton%20Place) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Key Building Details - **Year Built**: 1966 - **Stories / Floors**: 10 - **Neighborhood**: Sutton Place - **Active Listings**: 3 units ## Building Amenities - Other - Wall Unit(s) - Baseboard - Wall Furnace - Common On Floor - Common Area - Entrance Foyer - Walk-In Closet(s) - Dishwasher - Bridge(s) - City - River - Water - Pets: Building No - Pets: No ## Active Residence at 40 Sutton Place 3 Active Residences Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage) | Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [40 Sutton Place #4J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/40-sutton-place-4j-ny-10022) | Condominium | 1 | 1 | 605 ft² | $695,000 | Active | $10,425* | Compass | | [40 Sutton Place #PHM](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/40-sutton-place-phm-ny-10022) | Condominium | 1 | 1 | 1,085 ft² | $710,000 | Closed | $10,650* | Douglas Elliman Real Estate | | [40 Sutton Place #9J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/40-sutton-place-j-9J-ny-10022) | Condominium | 1 | 1 | 605 ft² | $540,000 | Closed | $8,100* | Compass | > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## Sales History for 40 Sutton Place 55 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed. | Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On | | --- | --- | --- | --- | --- | --- | --- | --- | | 9J | 1 | 1 | 605 | $540,000 (-5.1%) | $893 | $569,000 | Aug 28, 2026 | | PHM | 1 | 1 | 1,085 | $710,000 (-5.3%) | $654 | $750,000 | Aug 21, 2026 | | 3F | 1 | 1 | 621 | $550,000 — Public record | $886 | — | May 7, 2026 | | 3G | — | — | 508 | $535,000 — Public record | $1,053 | — | Nov 14, 2025 | | 8C | — | — | 420 | $210,500 — Public record | $501 | — | Aug 29, 2025 | | 8B | — | — | 440 | $210,500 — Public record | $478 | — | Aug 29, 2025 | | 5G | 0 | 1 | 508 | $405,000 (+1.5%) — Public record | $797 | $399,000 | Apr 15, 2025 | | 10M | — | — | 588 | $164,166 — Public record | $279 | — | Dec 13, 2024 | | 4A | 0 | 1 | — | $533,333 (-10.4%) — Public record | — | $595,000 | Nov 6, 2023 | Showing the 9 most recent of 55 closings. The full record is on the building page. Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing. The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## What to Review Before Buying in 40 Sutton Place Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements. 1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value. 2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture. 3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing. ## Location & Neighborhood 40 Sutton Place, New York, NY 10022 ### Sutton Place Sutton Place is a small, ultra-exclusive enclave on the East River, running from 53rd to 59th Streets. It is famous for its pre-war elegance, river views, and old-money atmosphere. For buyers seeking Sutton Place Manhattan real estate, it offers a level of privacy and prestige that even Park Avenue envies. Living in Sutton Place, Manhattan is quiet and refined. It is a cul-de-sac neighborhood with little through traffic. As a prestigious Manhattan NYC neighborhood, it has been home to icons like Marilyn Monroe and I.M. Pei, attracting those who want to be in the city but not of it. The market for homes for sale in Sutton Place is dominated by "white glove" co-ops facing the river. Buildings like One Sutton Place South are legendary for their exclusivity and board requirements. There are also stunning townhouses on the side streets. Prices are relatively high, but often offer better value per square foot than Fifth Avenue because the neighborhood is slightly further from the subway. It is a stable, mature market. The lifestyle in Sutton Place is discreet. There is very little commercial activity within the enclave itself; residents walk to First Avenue for dining and shopping. It is a place for evening strolls in tiny parks and dinner parties at home. The community is older and established, though younger people are moving in, attracted by the quiet and the value. It feels like a private club spread across six blocks. Sutton Place is famously a bit isolated. The nearest subways (E, M, 6) are at 53rd and Lexington or 59th and Lexington, a solid 10-minute walk. Residents often rely on taxis, Ubers, or the crosstown bus. Easy access to the FDR Drive makes it convenient for those who own cars and travel to the Hamptons or Westchester. The neighborhood features a series of "pocket parks" at the end of each street overlooking the East River, offering benches and stunning views of the Queensboro Bridge. Sutton Place Park is a gem. Amenities are refined: specialized cheese shops, florists, and high-end grocers on the periphery. It is close to the design district on the East Side. Sutton Place is best for diplomats, retirees, and buyers who prioritize silence, river views, and white-glove service over subway convenience. - [Sutton Place Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place) - [Browse Sutton Place Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/sutton-place-manhattan) - [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Frequently Asked Questions ### What should I review before buying at 40 Sutton Place? Before making an offer, review the building quality, current inventory, comparable sales, monthly carrying costs, sponsor terms, closing costs, and eligible Buyer Advantage opportunities. ### Can the Buyer Advantage apply to listings in this building? Yes. Eligible listings may offer an Estimated Buyer Advantage depending on the listing, commission structure, buyer agreement, lender approval, and final closing terms. ### Are building costs different for condos and co-ops? Yes. Condominiums typically have separate common charges and property taxes. Cooperatives usually have monthly maintenance, which may include building expenses, property taxes, and any underlying mortgage costs. ### Should I speak with a buyer broker before touring? Yes. Speaking with a buyer broker before touring helps protect your representation, evaluate pricing, and preserve eligible Buyer Advantage opportunities where available. Have questions about 40 Sutton Place? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com) ## Considering a Residence at 40 Sutton Place? Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available. 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