Listing Courtesy of Corcoran Group
$499,000
Potential Rebate: $7,485
$30,000 price adjustment. Enjoy peace and quiet in this fully renovated and elegant Junior One Bedroom. Facing north and mid-block, the cul-de-sac quiet residence features a queen-size bedroom, a generous galley kitchen of stainless and granite with tons of storage. The marble bathroom offers a stall shower with splash panel and Toto toilet. Neutral laminate floors and 2 dedicated closets (with room for more) complete the home. Please note all of the contemporary, mint condition furniture is additionally available for purchase. In response to the Local Law 11 facade inspection and other operating expenses, there are assessments in place totaling $107.38 per month. <br> <br> Built in 1959 and a coop since 1986, Gotham Towne House is an outstanding, full-time doorman residence with high shareholder ownership, strong financials, subleasing for five years (after 1 year), a modern lobby, new elevators, new hallways currently being installed (see rendering), BuildingLink (resident email notification), natural gas heat, a large laundry, complimentary suitcase & bike storage and a huge parking garage. <strong> Maintenance is 60 per cent tax deductible and includes all utilities (no electric bill for the AC) and a Spectrum cable package with both Wi-Fi and HBO.</strong> Co-purchasing and secondary homeownership are permitted. Cats are welcome as well as service and emotional support animals. Gotham Town House is in the center of everything the East Fifties have to offer: Whole Foods & Trader Joe's, Equinox, Crunch and Blink fitness centers, Home Depot, a 24 hr. Duane Reade pharmacy and market, dozens of Citi Bikes and the subway hub for all East side and West side trains; all, no more than 3 blocks away.<br>
$3,863 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$7,485
Monthly savings impact
$21/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 #RLS20055503

Compare average listing prices and value metrics for GOTHAM TOWNE HOUSE against the surrounding Sutton Place market.
than the Sutton Place price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
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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