Listing Courtesy of Corcoran Group
$26,000,000
Potential Rebate: $390,000
Rarely does a home of such stature and history come to market. The only penthouse atop One Sutton Place South, this full-floor residence offers an extraordinary combination of privacy, proportion, and presence that is nearly impossible to replicate-with over 6,900 square feet of interior living space and an astonishing 6,700 square feet of wraparound terraces that capture sweeping views of the East River, the 59th Street Bridge, and the iconic Manhattan skyline.<br> Originally commissioned by Henry Phipps and designed for his daughter and son-in-law, the apartment has long been a setting of significance and style-most famously serving as the residence of style icon CZ Guest. Today, it has been thoughtfully reimagined for modern living, pairing its historic grandeur with a clean, contemporary sensibility. Nearly every room opens directly onto a terrace, creating a fluid connection between indoors and out, where light and vistas shift from morning to evening.<br> <br> Enter through one of two private elevator landings into a dramatic skylit gallery, which sets the tone for the scale and grace of the home. The expansive living room-with its curved walls of windows framing river and skyline views-anchors the entertaining wing, alongside a richly appointed library with wet bar, an elegant formal dining room, and a streamlined chef's kitchen with direct terrace access. These spaces are designed to host gatherings both intimate and grand, with gallery-grade lighting and finely integrated systems that allow art, design, and daily life to coexist effortlessly.<br> <br> The private wing is anchored by a remarkable primary suite, where soaring ceilings, dual dressing rooms, and two tranquil baths create a true retreat. A separate den, study, and two additional ensuite bedrooms provide versatility for guests, family, or creative pursuits. Every detail of this home reflects intention and refinement, from the proportioned galleries to the seamless integration of modern comfort within a historic framework.<br> <br> Beyond the residence itself, One Sutton Place South offers the rare combination of Rosario Candela's iconic 1927 architecture and the elegance of a lifestyle above it all. Known for its porte-cochère and private riverside garden, the building is among Manhattan's most distinguished cooperatives. Residents enjoy full-service amenities including a state-of-the-art fitness center, private storage, and an exceptional staff that upholds the building's legendary reputation.<br> <br> The location combines tranquility with connectivity: moments from the newly opened East River Esplanade walking path, yet with easy access to major highways, airports, and all points across the city. This is a home where history, scale, and style converge in a singular way.<br> Quite simply, there is nothing else like it-elevated in every way.
$168,645 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$390,000
Monthly savings impact
$1,083/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20052946

Compare average listing prices and value metrics for 1Sutton Place South against the surrounding Sutton Place market.
than the Sutton Place price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within 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.

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