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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. New Developments
  3. New York City
  4. Manhattan
  5. 10022
  6. 425 East 58TH Street #8F
Property thumbnail
1 / 9
★ Sponsor Unit
✓ No Board Approval Required
Stock Cooperative•Sutton Place

425 East 58TH Street #8F, New York City, NY 10022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

$1,200,000

Potential Rebate: $18,000

Stock Cooperative
1 Bed
2 Baths
4 Rooms
Built 1975
47 Stories
Listed on Jan 29, 2025
332 days on market
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Overview

<strong>Gracious 1-Bedroom, 1.5-Bath Home at The Sovereign - Elegant Scale and Light-Filled Living<br> </strong><br> This oversized, sun-filled one-bedroom, one-and-a-half-bath residence offers approximately 1,400 square feet of refined living in The Sovereign, one of Manhattan's most distinguished full-service cooperatives. Recently outfitted with brand new tilt-and-turn windows, the home features wraparound exposures to the north and east, soaring 9-foot ceilings, and exceptional natural light throughout.<br> <br> An elegant entry gallery flows into a generous living room and adjacent windowed dining area, perfect for entertaining or relaxing in comfort. The large renovated windowed kitchen has&nbsp;granite countertops, custom cabinetry, and includes a washer and dryer and separate service entrance with an&nbsp; attended service elevator.<br> <br> The expansive primary bedroom features open views, multiple closets-including a large walk-in-and an en-suite marble bath with a separate tub and stall shower. A well-proportioned powder room off the gallery adds convenience for guests. With an intelligent layout, ample closet space, and refined proportions, this home is ideal as a primary residence or luxurious pied-terre.<br> <br> <strong>Building Features: </strong><br> The Sovereign is a mid-century masterpiece by Emery Roth &amp; Sons, celebrated for its privacy, gracious scale, and impeccable service. With just two apartments per floor,<br> residents enjoy an uncommon sense of space and discretion.<br> <br> <strong>Amenities include:</strong><br> 1. 24-hour doorman, concierge, and sentry<br> 2. On-site management and attended elevators<br> 3. Valet parking garage with Tesla charging stations<br> 4. State-of-the-art windowed fitness center<br> 5. Manicured park-like gardens surrounding the building<br> 6. Pet-friendly (up to two dogs permitted)<br> 7. Trust, LLC, and Guarantor purchases permitted with board approval<br> <br> The iconic lobby, furnished with Carlo Scarpa-designed Venini chandeliers and rosewood paneling, sets the tone for the refined lifestyle within. Noted architecture critic Paul<br> Goldberger once called The Sovereign "super luxury," and it remains so today-a rare combination of mid-century design, exceptional service, and modern comfort.<br> <br> Located moments from the East River Promenade, parks, and premium neighborhood amenities such as Whole Foods and Trader Joe's, this elegant residence offers both tranquility<br> and convenience in equal measure.<br>

Home Features

  • •Washer Hookup
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Dining Area
  • •Bridge(s)
  • •City
  • •River

Estimated Monthly Payment

$8,567 per month

30 year fixed, 6.28% Interest

Principal and Interest
$5,930
Property Taxes
$0
Maintenance/Common Charges
$2,637

Estimated Rebate for this Home

One-time rebate at closing

$18,000

Monthly savings impact

$50/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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244 East 52ND Street #2A, New York City, NY 10022

Listing Courtesy of Serhant

1 Beds
1 Baths
3 Rooms
674 sqft
Built 2023
View Details

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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.

The Real Estate Rebate Team

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Data Source: TRESTLE #RLS11031376

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for The Sovereign against the surrounding Sutton Place market.

Based on 11 active units in building vs 182 in area

Average List Price

Building$2.3M
Neighborhood$3.3M

Price Per SqFt

Building Avg$1,055/ft²
Neighborhood Avg$1,580/ft²
Value Opportunity

33.25% 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.

Sutton Place GuideAll Neighborhoods
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