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Sutton Place

Sutton Place

$1,211,255 Average Value
$1,522 Average Price per Sq Ft
311 Homes For Sale

Prestigious co-ops and a new waterfront esplanade define this enclave

Known for its stately townhomes and prestigious prewar co-ops with rooftop terraces, this peaceful little enclave along the East River has a distinctly residential feel compared to the rest of Midtown East. Sutton Place has attracted a number of diplomats, billionaires and celebrities over the years, but has recently experienced a surge of younger families. And now, the new East Midtown Greenway, which connects 53rd and 61st Streets along the East River, is attracting even more buyers. “It’s such a beautiful, quiet neighborhood. A real hidden gem. A lot of my clients moved from downtown to Sutton Place because it’s still a bit more affordable, especially compared to properties near Central Park,” says Sarah Silva, a licensed real estate person with Compass. “Once people venture out here, they really love it,” she adds. The United Nations Headquarters, along with several embassies, is located just south in Turtle Bay.

East Midtown Greenway made Sutton Place such a beautiful, quiet neighborhood.
East Midtown Greenway made Sutton Place such a beautiful, quiet neighborhood.
Sutton Tower stands tall as an architectural landmark in the Sutton Place neighborhood.
Sutton Tower stands tall as an architectural landmark in the Sutton Place neighborhood.
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Full-service condominiums at accessible price points

Although there are plenty of white-glove, ultra-luxe high-rises, prices for co-ops and condos are still slightly lower than the rest of Manhattan. One-bedroom co-ops average around $725,000, but postwar units in full-service condominiums can go as low as $500,000. Two-bedroom, prewar co-ops start around $1.2 million. More stately townhouses line Riverview Terrace, a private cobblestone cul-de-sac, and many of the prewar buildings have Beaux-Arts and Art Deco detailing with newly renovated lobbies and hallways. Along Billionaire’s Row, there’s 252 East 57th Street, a curved, glass-clad, mixed-use development by Skidmore, Owings, & Merrill, as well as the new Thomas Juul-Hansen-designed Sutton Tower, an 80-story luxury condominium at 430 East 58th Street. There are also new mid-rise boutique condos, like 323 E 53rd Street, with two-bedroom units priced under $1 million.

Sutton Place features a variety of apartments.
Sutton Place features a variety of apartments.
Sutton Place has several newly built luxury apartments.
Sutton Place has several newly built luxury apartments.
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Epic views of the East River and Queensboro Bridge

Outside of the charming, Old World residential aspects of the neighborhood, one of the best perks is the new public esplanade. “It’s absolutely stunning, and the city put a lot of money into it so it’s done really well. It’s great for morning runs and taking in the scenic views,” says Silva. Benches, alcoves and greenery line the promenade, with views of the Queensboro Bridge and East River, connecting pedestrians from 38th Street to 61st Street. Greenacre Park, one of the area’s historic pocket parks, has a 25-foot-high cascade fountain, lush greenery and trellises and a surprisingly serene atmosphere.

Turtle Bay boasts its very own slice of green: Greenacre Park.
Turtle Bay boasts its very own slice of green: Greenacre Park.
The Queensborough Bridge gracefully spans the East River, connecting Sutton Place's elegance.
The Queensborough Bridge gracefully spans the East River, connecting Sutton Place's elegance.
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Local shops and dining along First Avenue

Sutton Place isn’t a shopping destination, per se, but Bloomingdale’s is in the neighborhood, and Saks Fifth Avenue is nearby. Plant shops and boutique specialty stores, such as Ideal Cheese Shop which sells imported edible goods, line First Avenue. Guastavino’s, a landmarked venue, holds luxe galas and events. Restaurants are primarily found along First Avenue, including Au Za'atar which serves up Lebanese fare, Italian eateries like Coco Pazzeria and Japanese spots like Sushi Ginza. Trader Joe’s and Whole Foods serve as the big-box grocery stores, in addition to small, local markets.

Whole Foods is located on 57th Street in Sutton Place.
Whole Foods is located on 57th Street in Sutton Place.
Sutton Place isn’t a shopping destination, per se, but Bloomingdale’s is in the neighborhood.
Sutton Place isn’t a shopping destination, per se, but Bloomingdale’s is in the neighborhood.
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Family-friendly events with epic views

For catching the fireworks every July 4th, Sutton Place has one of the best viewing spots in Manhattan. There are family-friendly events throughout the neighborhood all year, including the Sutton Sunset Celebration, when locals can snap photos of the sun as it’s perfectly aligned with the city streets, and enjoy live music and refreshments.

Sutton Place Park offers a tranquil escape along the East River in New York City.
Sutton Place Park offers a tranquil escape along the East River in New York City.
benches
benches
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Excellent public schools with top-ranked programs

P.S. 59 Beekman Hill International, a top-rated elementary school situated near the U.N., is known for its colorful and lively atmosphere with strong academic programming. Nearby in Gramercy Park, there’s Simon Baruch Middle School 104, an A-rated middle school on Niche, and also Art and Design High School, which is ranked in the top three best art high schools in NYC.

The Clinton School is fostering bright futures in New York.
The Clinton School is fostering bright futures in New York.
PS 59 Beekman Hill International provides a global education experience for its students.
PS 59 Beekman Hill International provides a global education experience for its students.
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Near two train stations and the Tramway

The neighborhood is very walkable, but residents can catch the E, 6, or F train at the Lexington Av-53 Street station. There’s also the M15 bus service at 2nd Avenue and 54th Street. LaGuardia Airport is roughly a 15 minute drive, depending on traffic. The Roosevelt Island Tramway, a fun excursion in itself, is right on 59th and 2nd Avenue.

Staton Place locals can catch the E, 6, or F train at the Lexington Ave station.
Staton Place locals can catch the E, 6, or F train at the Lexington Ave station.
M15 bus service run all day long at 2nd Avenue and 54th Street.
M15 bus service run all day long at 2nd Avenue and 54th Street.
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Amber Snider
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Amber Snider
Bill Jennings
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Bill Jennings

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Laguardia

14 min drive

Bus

3 Av & E 55 St

Bus

E 59 St & 3 Av

Bus

2 Av & E 57 St

Bus

E 57 St & 2 Av

Bus

Sutton Pl & Sutton Sq

Bus

E 57 St & 1 Av

Bus

E 59 St & 2 Av

Crime and Safety

1 - Low Crime, 10 - High Crime Sutton Place US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 4 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Sutton Place Demographics and Home Trends

Housing Trends

Median List Price
$1,195,000
Median Sale Price
$998,500
Median Single Family Sale Price
$982,500
Median Townhouse Sale Price
$6,419,000
Median 2 Bedroom Sale Price
$1,350,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
362
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$1,522

Neighborhood Facts

Number of Homes
3,719
Number of Homes for Sale
311
Median Year Built
1961
Months of Supply
10.30
Average Single Family Home Size Sq Ft
1,574
Below the national average
1,926
Average Townhouse Size Sq Ft
1,011
Average 2 Bedroom Size Sq Ft
1,492
Average 1 Bedroom Size Sq Ft
882
Average Studio Size Sq Ft
506
Median Lot Size Sq Ft
6,098

Open Houses

  • Monday, Oct 13
    12 - 2pm

    300 E 54th St Unit 22G, New York, NY 10022

    $699,000

    • 1 Bed
    • 1 Bath
    • 300 E 54th St
    • Unit 22G
    • New 15 days ago

    Welcome to Apartment 22G at The Connaught Tower, a spacious one-bedroom, one-bath residence with a private balcony and iconic views of the Chrysler Building. The bright, open living/dining area is ideal for both relaxing and entertaining. The oversized bedroom easily accommodates a home office, while generous closets provide excellent storage. Bathe in sun-splashed west-facing

    Agent Photo
    Peggy Dahan
    Brown Harris Stevens Residential Sales LLC
    (877) 676-9892
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  • Saturday, Oct 11
    5 - 6pm

    235 E 55th St Unit PHB, New York, NY 10022

    $2,395,000

    • 2 Beds
    • 3 Baths
    • 1 Sq Ft
    • 235 E 55th St
    • Unit PHB

    ***OPEN HOUSES ARE BY APPOINTMENT*** BACK ON THE MARKET: ELEVATED ELEGANCE WITH UNRIVALED VIEWS!!Perched atop the 46th and 47th floors of The Capri, Penthouse B is a spectacular duplex residence offering cinematic, unobstructed views of Central Park and the Midtown skyline (both north and south, and west) with the iconic Chrysler Building, 59th Street Bridge and One Vanderbilt, the Upper

    Agent Photo
    Philip Hordijk
    Leven Real Estate
    (833) 760-1309
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  • Sunday, Oct 12
    11am - 12:30pm

    50 Sutton Place S Unit 11H, New York, NY 10022

    $799,000

    • 1 Bed
    • 2 Baths
    • 50 Sutton Place S
    • Unit 11H
    • New 8 days ago

    Opportunity knocks with this expansive Sutton Place residence, offering a grand layout, spectacular East River views, and a coveted private balcony.From the moment you enter, the gracious foyer sets the stage for a home designed with both comfort and possibility in mind. The oversized living room with custom embroidered soffits flows seamlessly to the private balcony, the perfect setting

    Agent Photo
    Ruth Reffkin
    Compass
    (866) 839-2460
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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
19,273
Median Age
50
Population Density
217 ppl/acre
Population under 18
14.1%
Below the national average
23.8%
Population over 65
31.6%
Above the national average
19.1%

Finances

Median Household Income
$149,877
Significantly above the national average
$71,702
Average Household Income
$175,833

Education and Workforce

High School Graduates
97.4%
College Graduates
81.2%
Significantly above the national average
34.1%
Advanced Degrees
47%
Significantly above the national average
13.3%
% Population in Labor Force
67.8%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
18''

Area Factors

Very Bikeable

Bike Score®

80 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Sutton Place