--- title: "440 East 56th Street #1B, New York City, NY 10022" description: "440 East 56th Street #1B, New York City, NY 10022 — Sutton Place, New York City, NY. Listing Price $1,195,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $17,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/440-east-56th-street-b-1B-ny-10022" source: "Real Estate Rebate Team" status: "Active" --- # 440 East 56th Street #1B, New York City, NY 10022 Sutton Place, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $1,195,000 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $2,714 / 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**: $1,195,000 - **Illustrative Buyer Commission Share**: -$17,925* - **Illustrative Net Cost**: $1,177,075 *Illustrative Buyer Savings of $17,925 — 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) ## Photos (10) ![440 East 56th Street #1B, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fc94089e-3ccd-4004-9981-82d96a4734a7.png) ![440 East 56th Street #1B, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46f23bda-a139-4743-b787-bc24dffa298b.png) ![440 East 56th Street #1B, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ffab67c0-99d4-4a4f-8594-c9d2e7cd375b.png) ![440 East 56th Street #1B, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9704078-ed18-4f3a-839b-ce215bc4fb9a.jpg) ![440 East 56th Street #1B, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe92d022-9fc0-4556-8944-9449dcf5d4ff.jpg) ![440 East 56th Street #1B, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e53af8ad-2020-4879-8d5a-0c60089e0829.jpg) ![440 East 56th Street #1B, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ed5a1cf3-409b-4448-8015-2b1ddaeca4ad.jpg) ![440 East 56th Street #1B, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fbfd7fcd-5cdb-4b64-99aa-ea4947be8063.png) ![440 East 56th Street #1B, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f694918b-2af2-4a50-91f6-d0bc67a2ab2d.jpg) ![440 East 56th Street #1B, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0a1035a5-3c96-49f4-a16e-5ea99f0bec31.jpg) ## Property Overview PRIVATE GARDEN RETREAT IN THE HEART OF SUTTON PLACE Discover the perfect blend of indoor comfort and outdoor living in this inviting Junior 4, highlighted by an exceptional private garden that feels like your own hidden sanctuary. A welcoming entry foyer sets the tone with rich hardwood floors and an abundance of closet space, providing outstanding storage from the moment you arrive. The oversized walk-in closet also presents the possibility of adding a powder room with board approval. Designed for comfortable living and effortless entertaining, the bright and airy living room offers generous proportions and custom built-in shelving. French doors create a seamless transition to the apartment's spectacular private garden—a peaceful extension of the home with ample room for outdoor dining, relaxing, grilling, and gardening. Bathed in southern sunlight, this unique outdoor space is ideal for enjoying every season. Just off the living area, a flexible bonus space can easily serve as a dining room, home office, or reading nook, adapting to your lifestyle. The well-appointed kitchen features premium Bosch appliances, including the oven, dishwasher, and microwave, along with a Sub-Zero refrigerator. Extensive cabinetry and plentiful counter space provide both functionality and style. The spacious primary bedroom easily accommodates a king-size bed and offers two oversized closets along with pleasant leafy views. A windowed bathroom completes the home's thoughtful layout. Sutton Manor is a superbly managed full-service cooperative with a 24-hour doorman and a live-in super, a planted outdoor garden, roof deck, storage (waitlist) and free bike storage. The building allows up to 70% financing, pied a terres and pets are welcome too. 1.5% flip tax paid by seller. Perfectly positioned on a picturesque Sutton Place tree-lined street, you’re just 3 short blocks to the East River Esplanade and riverfront parks, world-class shopping, both casual and fine dining. Convenient transportation, proximity to the FDR and easy access to airports and Long Island make this location as practical as it is desirable. With its thoughtful layout, and sunny outlook, Unit 1B offers a true sanctuary in one of Manhattan’s most coveted neighborhoods. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Stories**: 13 - **Year Built**: 1955 - **Common Charges**: $2,714 / Monthly - **Listed On**: Jul 14, 2026 - **Days on Market**: 62 Days ### Residence Features - Wall Unit(s) - Common On Floor - Common Area - Building Courtyard - Building Roof Deck - Private Outdoor Space Over 60 Sqft - Walk-In Closet(s) - Dishwasher - Refrigerator - Stainless Steel Appliance(s) - Hardwood - Double Pane Windows - Garden ## Sales Evidence ### How this price compares The median closed price for comparable co-op one-bedroom sales in Sutton Place is $635,900, based on 144 sales between September 2024 and July 2026. This home is asking $1,195,000, $559,100 above that median. The middle half of those sales closed between $574,125 and $696,000. - **Median closed price**: $635,900 - **Middle half**: $574,125 – $696,000 - **Based on**: 144 co-op one-bedroom sales in Sutton Place - **Period**: September 2024 – July 2026 Square footage is recorded for only 62 of these 144 sales (43%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 126 of these sales with a published asking price, the median closed at 95.7% of what it originally asked. 81% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Sutton Place instead. ### How these sales were negotiated - **Sold vs original ask**: 95.7% of the original ask - **Closed below ask**: 81% of 126 sales - **Listed → in contract**: 78 days (about 11 weeks) - **In contract → closed**: 94 days (about 13 weeks) Across the 126 of these sales with a published asking price, the median closed at 95.7% of what it originally asked. 81% of them closed below the original ask. Half of these homes were in contract within 78 days (about 11 weeks) of coming to market, based on the 125 with a recorded listing date. Once a deal was agreed, closing took a further 94 days (about 13 weeks), based on the 128 with both dates recorded. A co-op board package and its interview account for much of that. 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. Based on 144 co-op one-bedroom sales in Sutton Place, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op one-bedroom sales in Sutton Place, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $674,000 | 17 | | 2017 | $700,000 | 100 | | 2018 | $685,000 | 80 | | 2019 | $651,250 | 60 | | 2020 | $632,500 | 43 | | 2021 | $600,000 | 100 | | 2022 | $640,000 | 108 | | 2023 | $630,000 | 85 | | 2024 | $630,000 | 94 | | 2025 | $627,000 | 88 | | 2026 | $647,500 | 30 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Sutton Place instead. 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. ## Estimated Monthly Payment **$8,757 / month**, assuming a 20% down payment ($239,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,043 - **Common Charges**: $2,714 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [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.