--- title: "418 East 59th Street #PHA, New York City, NY 10022" description: "418 East 59th Street #PHA, New York City, NY 10022 — Sutton Place, New York City, NY. Listing Price $1,700,000. 3 bed, 3 bath Illustrative Buyer Commission Share of $25,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/418-east-59th-street-pha-ny-10022" source: "Real Estate Rebate Team" dateModified: "2026-10-05T13:52:13.296Z" status: "Active" --- # 418 East 59th Street #PHA, New York City, NY 10022 Sutton Place, New York City, NY Courtesy of Corcoran Group Last updated: October 5, 2026, 9:52 AM ## At a Glance - **Listing Price**: $1,700,000 - **Beds**: 3 - **Baths**: 3 - **Common Charges**: $6,051 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,700,000 - **Illustrative Buyer Commission Share**: -$25,500* - **Illustrative Net Cost**: $1,674,500 *Illustrative Buyer Savings of $25,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Property Overview Deal of the Century! An Extraordinary Penthouse Opportunity at The Grand Sutton Rarely does a penthouse offering this combination of space, views, outdoor living, and flexibility come to market at such a compelling value. Perched atop The Grand Sutton, this striking duplex offers approximately 2,100 square feet with spectacular exposures overlooking the East River and Manhattan skyline. From the Chrysler Building to the Empire State Building, the views provide an ever-changing backdrop from day into night. The main level features a spacious living area with access to a private balcony and open northern views. The well-appointed kitchen includes premium Viking, Miele, and Fisher & Paykel appliances, including a gas cooktop, wall oven, microwave, generous refrigeration, wine storage, and the convenience of an in-unit washer and dryer. Two generously sized bedrooms are located on this level, both with private en-suite bathrooms. The primary suite is particularly impressive, offering dramatic river and Midtown skyline views from both the bedroom and bath. A separate guest powder room completes the floor. A sculptural curved staircase leads to the upper level, designed for entertaining and relaxation. At its center is a spectacular glass-enclosed solarium , flooded with natural light and surrounded by panoramic city and river views. Beyond it, a sunken den flows directly onto an expansive south-facing private terrace -an exceptional setting for entertaining, dining outdoors, or simply watching Manhattan illuminate after sunset. The upper level also provides valuable additional space that currently functions as a third bedroom , complete with multiple fitted closets and excellent storage. The Grand Sutton combines the privacy of an intimate residence with the conveniences of a full-service Manhattan building. With only two apartments per floor, residents enjoy 24-hour doorman and concierge service, a fitness center, landscaped courtyard, live-in superintendent, and an adjacent parking garage. The building offers unusually flexible ownership policies for a co-op, including guarantors, co-purchasers, pied-à-terre ownership, and subletting. Pets are welcome, and there is no land lease . Ideally situated across from Trader Joe's and Guastavino's , the residence enjoys an exceptionally convenient Midtown East location, with dining, shopping, transportation, and neighborhood amenities just moments away. Please note: A capital assessment of $1,608.24 per month is currently payable in addition to the monthly maintenance through December 2026 . A true penthouse experience offering two private outdoor spaces, extraordinary river and skyline views, exceptional interior space, and remarkable value in one of Manhattan's most convenient locations. ## Property Details - **Property Type**: Duplex - **Beds**: 3 - **Baths**: 3 - **Rooms**: 6 - **Stories**: 37 - **Year Built**: 1988 - **Common Charges**: $6,051 / Monthly - **Listed On**: Oct 5, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - Walk-In Closet(s) - Washer Dryer Allowed - Bridge(s) - City Lights - City - Panoramic - River - Skyline ## Estimated Monthly Payment **$14,647 / month**, assuming a 20% down payment ($340,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $8,596 - **Common Charges**: $6,051 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 18 apartments at 418 East 59th Street have recorded sales since October 2021, the most recent for $1,265,000 in September 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 27A (Apartment) | 2 | 1,450 | $1,265,000 | $872/ft² | September 18, 2025 | City record | | THA (Triplex) | 2 | 2,290 | $1,500,000 | $655/ft² | September 4, 2025 | MLS | | 18B (Apartment) | 3 | 1,800 | $2,060,000 | $1,144/ft² | August 25, 2025 | City record · MLS | | 11A (Apartment) | — | — | $1,240,000 | — | April 4, 2025 | City record | | 31B (Apartment) | 3 | 1,800 | $1,950,000 | $1,083/ft² | May 9, 2024 | City record · MLS | | 26A (Apartment) | 2 | 1,400 | $1,290,000 | $921/ft² | December 11, 2023 | City record · MLS | | 30B (Apartment) | 2 | 1,800 | $2,450,000 | $1,361/ft² | August 22, 2023 | City record · MLS | | 32-A (Apartment) | 2 | 1,400 | $1,350,000 | $964/ft² | July 27, 2023 | City record · MLS | | 30-A (Apartment) | 2 | 1,400 | $1,500,000 | $1,071/ft² | January 25, 2023 | City record · MLS | | 8B (Apartment) | 3 | 1,800 | $1,706,250 | $948/ft² | November 21, 2022 | MLS | | 8A (Apartment) | — | — | $1,706,250 | — | November 16, 2022 | City record | | 9B (Apartment) | 3 | 1,800 | $1,950,000 | $1,083/ft² | October 17, 2022 | City record · MLS | | 5A (Apartment) | — | — | $1,400,000 | — | August 11, 2022 | City record | | 20A (Apartment) | — | — | $1,268,353 | — | April 20, 2022 | City record | | 3C (Apartment) | 1 | 700 | $702,000 | $1,003/ft² | April 5, 2022 | City record · MLS | | 23B (Apartment) | 3 | 1,800 | $1,900,000 | $1,056/ft² | February 2, 2022 | City record · MLS | | 21A (Apartment) | 2 | — | $1,325,000 | — | November 19, 2021 | City record · MLS | | 6-C (Apartment) | 1 | — | $825,000 | — | October 15, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $1,700,000 - **Median sold price**: $1,950,000 - **Difference**: -$250,000 (-12.8%) - **Median $/ft²**: $1,083 - **Comparable sales**: 4 - **Sales from**: February 2022 – August 2025 - **Middle half of those sales**: $1,937,500 – $1,977,500 Based on three-bedroom sales at 418 East 59th Street. ### How these sales were negotiated - **Sale-to-list price**: 92.2% (4 sales) - **Sold below asking**: 100% (4 sales) - **Typical time to find a buyer**: 154 days (3 sales) - **Typical time to close**: 50 days (3 sales) Based on three-bedroom sales at 418 East 59th Street with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, co-op three-bedroom sales in Sutton Place | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $2,100,000 | 25 | | 2018 | $1,975,000 | 21 | | 2019 | $1,787,500 | 18 | | 2021 | $1,550,000 | 40 | | 2022 | $1,625,000 | 29 | | 2023 | $1,599,500 | 20 | | 2024 | $1,575,000 | 19 | | 2025 | $1,650,000 | 22 | | 2026 YTD | $1,500,000 | 11 | Based on recorded co-op three-bedroom sales in Sutton Place. 2026 is year-to-date. Sales data through September 2025. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 418 East 59th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/418-east-59th-street) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 74 apartments. The corporation’s 2026 property tax bill was $1,784,814 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 418 East 59th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/418-east-59th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 418 East 59th Street Sutton Place · Duplex 418 East 59th Street, New York, NY 10022 A building in Sutton Place, currently featuring 2 active listings. - **Year Built**: 1988 - **Active Units**: 2 - **Floors**: 37 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/418-east-59th-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/418-east-59th-street-pha-ny-10022) | 3 | 3 | — | — | $1,700,000 | Corcoran Group | Oct 5, 2026 | 1 days | | [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/418-east-59th-street-phb-PHB-ny-10022) | 3 | 3 | 2,100 sqft | $1,047 | $2,199,000 (-4.3%) | Corcoran Group | Apr 15, 2026 | 174 days | ## Sutton Place Overview of Sutton Place [Explore Sutton Place](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Sutton Place - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [418 East 59th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/418-east-59th-street) - [Sutton Place neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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.