Listing Courtesy of Compass
$769,000
Potential Rebate: $11,535
Welcome to Penthouse10M at 40 Sutton Place
Offered for the first time, this exceptional penthouse presents a rare opportunity to create your dream home. With over 1,050 square feet of interior living space and a private 300+ square-foot terrace, this residence is ready for a full renovation so bring your contractor and designer to unlock its full potential!
The flexible layout features two sun drenched solariums, a bright, open kitchen with a picturesque window, a working fireplace, and abundant natural light throughout. Currently configured as a one-bedroom, one-bathroom home, the space offers endless possibilities for customization to suit your needs. The primary bedroom includes a custom-designed upper level with ample built-in closets and a dedicated wardrobe area
Step outside to the expansive private terrace—ideal for al fresco dining, entertaining, or cultivating your own urban garden oasis.
Situated in the charming and historic Sutton Place neighborhood—known for its tranquil atmosphere, East River views, and distinguished residents—40 Sutton Place stands out as the only full-service condominium in the area. Building amenities include:
This is a rare chance to transform a unique space into a home perfectly tailored to your style and needs, all within one of Manhattan’s most coveted enclaves. 3% transfer fee
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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20032130
RLS at 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20032130
RLS at REBNY


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$8,024 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$11,535
Monthly savings impact
$32/mo
Effective Purchase Price
$757,465
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Compare average listing prices and value metrics for 40 Sutton Place 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.