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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.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10022
  6. 400 East 59th Street #4-C
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Stock Cooperative•Sutton Place

400 East 59th Street #4-C, New York City, NY 10022

Listing Courtesy of Nest Seekers LLC

$1,095,000

Potential Rebate: $16,425

Stock Cooperative
2 Beds
2 Baths
4 Rooms
1,100 sqft
Built 1928
17 Stories
995/ft²
Listed on Mar 14, 2025
288 days on market
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Overview

Welcome home to Residence 4C — a beautifully renovated, corner, pre-war two-bedroom, two-bath cooperative showcasing gorgeous herringbone floors, high beamed ceilings, a hand-crafted decorative fireplace, and iconic views of the Queensboro Bridge from oversized, double-pane, pin-drop-quiet north- and west-facing windows. Sun-filled and generously scaled, this inviting home is rich with pre-war charm and truly move-in ready. All you need is your toothbrush. Enter through an elegant foyer accented by a graceful archway that opens into a well-proportioned living room with a designated dining area — ideal for entertaining or enjoying quiet evenings at home. The charming, west-facing, windowed eat-in kitchen features custom banquette seating perfect for cozy breakfasts. It is outfitted with top-of-the-line appliances, including a Wolf range, Sub-Zero refrigerator and wine fridge, and a Fisher & Paykel dishwasher. Carrara marble countertops and an Ann Sacks glass tile backsplash complete this thoughtfully designed culinary space. Throughout the residence, custom built-ins and California Closets provide exceptional storage and convenience. Both bedrooms are en-suite with windowed bathrooms that have been tastefully renovated with high-end fixtures, enhancing the home’s refined and sophisticated ambiance. This light-filled home offers through-the-wall air conditioning, and the monthly maintenance includes electricity and basic cable for added value and ease. 400 East 59th Street, designed by Van Wart and Wein in 1928, is a full-service pre-war cooperative featuring a 24-hour doorman, live-in superintendent, laundry room, bike room, and a serene garden tucked just off the lobby. Ideally situated in Sutton Place, the building offers easy access to transportation (N/R/W/4/5/6 lines), superb dining options, and premier shopping — including Trader Joe’s across the street, Whole Foods nearby, and fitness destinations such as Crunch and Equinox. The building permits 75% financing, imposes no flip tax, is pet-friendly, and allows pieds-a`-terre and sublets. The co-op is composed of 120 units divided between two towers. Contact us today to schedule a private showing — this residence is truly exceptional and will not last.

Home Features

  • •Wall Unit(s)
  • •Building Washer Dryer Install Allowed
  • •Common Area
  • •Building Storage
  • •Building Courtyard
  • •Building Garden
  • •Entrance Foyer
  • •Kitchen Window

Estimated Monthly Payment

$8,914 per month

30 year fixed, 6.28% Interest

Principal and Interest
$5,411
Property Taxes
$0
Maintenance/Common Charges
$3,503

Estimated Rebate for this Home

One-time rebate at closing

$16,425

Monthly savings impact

$46/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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400 East 52ND Street #15A, New York City, NY 10022

Listing Courtesy of Douglas Elliman Real Estate

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135 East 54TH Street #16E, New York City, NY 10022
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Listings

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 Nest Seekers LLC

Data Source: TRESTLE #RLS20062690

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Price Analysis

Compare average listing prices and value metrics for 400 East 59th Street against the surrounding Sutton Place market.

Based on 2 active units in building vs 182 in area

Average List Price

Building$927.0K
Neighborhood$3.3M

Price Per SqFt

Building Avg$991/ft²
Neighborhood Avg$1,580/ft²
Value Opportunity

37.30% Lower

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

Overview of 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.

Real Estate & Housing Market

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.

Lifestyle & Community

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.

Transportation & Accessibility

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.

Parks, Schools & Amenities

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.

Who This Neighborhood Is Best For

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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