Why Live in Sutton Place
Sutton Place is a Manhattan neighborhood known for its stately townhomes and prestigious prewar co-ops. Situated along the banks of the East River, it has a distinctly residential feel compared to the rest of Midtown East, attracting diplomats, billionaires, and celebrities, as well as a growing number of younger families. The new East Midtown Greenway, connecting 53rd and 61st Streets, has become a popular outdoor space in the neighborhood. It’s also home to the United Nations Headquarters and several embassies. Housing options include white-glove high-rises, Beaux-Arts and Art Deco prewar buildings, and new luxury developments like Sutton Tower. The new public esplanade offers scenic views of the Queensboro Bridge and the East River, making it ideal for morning runs and leisurely strolls. Greenacre Park has a 25-foot-high cascade fountain and lush greenery. While Sutton Place isn't a major shopping destination, it boasts Bloomingdale’s and Saks Fifth Avenue nearby, along with specialty stores like Ideal Cheese Shop. Dining options along First Avenue include Lebanese, Italian, and Japanese restaurants. Grocery needs are met by Trader Joe’s and Whole Foods. Highly rated schools include P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Art and Design High School. The neighborhood is walkable, with access to the E, F, and 6 trains, as well as the Roosevelt Island Tramway.
Home Trends in Sutton Place, NY
On average, homes in Sutton Place, Manhattan sell after 116 days on the market compared to the national average of 53 days. The median sale price for homes in Sutton Place, Manhattan over the last 12 months is $999,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$999,000
Median Single Family Sale Price
$875,000
Median Townhouse Sale Price
$9,888,000
Median 2 Bedroom Sale Price
$1,375,000
Median 1 Bedroom Sale Price
$685,000
Average Price Per Sq Ft
$1,471
Number of Homes for Sale
212
Last 12 months Home Sales
367
Median List Price
$1,175,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%