400 East 56TH Street #26L, New York City, NY 10022
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$1,475,000
Potential Rebate: $22,125
Overview
Welcome to Residence 26L at Plaza 400 - A Bright and Expansive Corner Home with City and River Views<br> <br> Step into this stunning, nearly 1,500 square foot two-bedroom, two-bathroom residence perched high on the 26th floor, where open skies and sweeping river and city views surround you from three exposures. A private balcony invites you to soak in the sun or unwind with a glass of wine as the skyline unfolds before you.<br> <br> This sun-drenched home features an expansive and flexible layout with a grand living room that easily accommodates a separate formal dining area or the opportunity to create a windowed eat-in kitchen while still maintaining a generous dining space. Perfect for entertaining or simply living in comfort and style.<br> <br> The king-sized bedrooms are thoughtfully split for optimal privacy and share no adjoining walls with neighboring units, offering exceptional tranquility. The primary suite boasts direct river views, a windowed en-suite bath, and a linen closet for added convenience.<br> <br> Storage abounds with seven oversized closets, including three walk-ins and a spacious 6" x 11" entry foyer. Lovely parquet floors run throughout the home, and a discreet service entrance adds to the functionality of this elegant layout.<br> <br> Plaza 400 is a prestigious, white-glove, self-managed cooperative in the heart of Sutton Place, a stroll away from the beautiful East Midtown Waterfront Esplanade . Amenities are truly top-tier:<br> <br> - A newly renovated Sky Top Lounge<br> - Heated rooftop pool with panoramic views<br> - Children's playroom on the penthouse level<br> - Fully equipped fitness center with yoga studio<br> - Professional-grade laundry facilities<br> - Storage and bike rooms<br> - Concierge, 24-hour doorman, on-site security, management and live-in super<br> - Parking garage with discounted rates for residents<br> <br> Pet-friendly Plaza 400 allows pieds-à-terre, co-purchasing, guarantors, and parents buying for children. Maintenance includes all utilities, and subletting is permitted after three years of residency (for up to three out of every five years, with board approval). Up to 70% financing allowed. 2% flip tax payable by the Buyer.<br> <br> With its elegant circular driveway, stately lobby, and unmatched amenities, Plaza 400 is a standout in Sutton Place. Just moments from the East River Esplanade, Trader Joe's, Whole Foods, top restaurants, and multiple subway and bus lines, this home offers the very best of Manhattan living.<br> <br> Residence 26L is not just a home, it's a lifestyle. Come experience it for yourself.<br>
Home Features
- •Central Air
- •Balcony
- •Building Roof Deck
- •Private Outdoor Space Over 60 Sqft
- •River
Estimated Monthly Payment
$10,958 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$22,125
Monthly savings impact
$61/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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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 Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20050139
Price Analysis
Compare average listing prices and value metrics for Plaza 400 against the surrounding Sutton Place market.
Average List Price
Price Per SqFt
34.56% 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.
