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Stock CooperativeSutton Place

436 East 58TH Street #4CD, New York City, NY 10022

Listing Courtesy of Douglas Elliman Real Estate

$5,800/mo

Potential Rebate: $87

Stock Cooperative
2 Beds
2 Baths
5 Rooms
Built 1930
5 Stories
Listed on Sep 16, 2024
470 days on market

Overview

<p>Elegant living in Sutton Place. Move right into this beautifully renovated and well laid out 2 bedroom, 2 bathroom home. Enter into the gracious living and dining room which features the original marble mantle to the decorative fireplace, exquisite lighting fixtures, exposed brick, spacious dining area, and functional built-ins for storage. The open, windowed kitchen features dual sets of stainless-steel under-counter refrigerator drawers, top-of-the-line stainless steel appliances, a 5-range burner, Quartz countertops and a large center island. The spacious, primary bedroom has custom closets and an en-suite bathroomclad in Italian Carraramarble and built-ins. The 2nd bedroom is well-proportioned and has great closet space. Additional features of thislovely home include a 2nd windowed bathroom with Italian Carraramarble, hardwood floors throughout, and pre-war charm.</p><p>436 East 58th Street is an elegant pre-war boutique co-op with an elevator, laundry room, storage availability, and superintendent. All of this a stone's throw away from the new East River Esplanade, Whole Foods,Trader Joes,Bloomingdales, Sutton Place Park, incredible restaurants and convenient transportation (4, 5, 6, N, R, Q & F Trains).</p>

Estimated Monthly Payment

$29 per month

30 year fixed, 6.28% Interest

Principal and Interest
$29
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$87

Monthly savings impact

$0/mo

Effective Purchase Price

$5,713

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

Price Analysis

Compare average listing prices and value metrics for 436 East 58TH Street against the surrounding Sutton Place market.

Based on 1 active unit in building vs 187 in area

Average List Price

Building$399.0K
Neighborhood$3.2M

Price Per SqFt

Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.

Value Opportunity

87.51% Lower

than the Sutton Place price 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.