NOT LISTED FOR SALE

Estimated Value: $3,878,000 - $14,112,185

6 Beds
7 Baths
4,950 Sq Ft
$1,610/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $12,055,000 $2,435 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $49,419/month

294 Days on Market

Highlights

  • City View
  • Pre War Building
  • Juliet Balcony
  • P.S. 59 Beekman Hill International Rated A
  • Terrace
  • 2-minute walk to Sutton Place Park

About This Home

As of March 2018

Imagine finding yourself on a cul-de-sac so discreet, some of the most seasoned New Yorkers have never walked its tree lined beauty. Its hard to believe youre in New York City but you are, its called Sutton Square and nestled at the south end of the circle lies Number 14. This townhouse offers the ultimate in luxury, privacy, and exclusivity. The Square is steeped in history and has been home to a list of whos who in its 100 year existence. A short walk to Central Park and Fifth Avenue but an absolute world away.Upon entering this home the eye travels through the masterfully renovated entry and living room to the secret garden of Sutton Square. One of the largest private gardens in Manhattan, it boasts almost a square city block of perfectly manicured lawn. Accessible only to the 12 surrounding homes, it sits just passed the French doors and patio, ensconced alongside the strength and beauty of the East River. On a wrought-iron bench or whimsically swinging beneath a London plane, you cannot help but feel transported. And in the spring, when the pair of century-old crabapples burst into their white bloom your breath cannot help but catch.The garden can be enjoyed from every south-facing bay and the river, with its constant and sparkling flow can be viewed from each room in the home. Whether at street level or on the top floor the sense of calm and security is remarkable. Each of the six floors is conveniently serviced by an elevator. Through the center of the home runs a circular stair whose ebb and flow echo that of the river outside. It is hard to believe the elegance and treasured allure held by this property comes without board approval.When the sun goes down a different sort of magic illuminates the home at 14 Sutton Square and its surroundings. The lights from the 59th Street Bridge are mirrored by the changing tides below and the garden comes alive, winking with enchantment, through thoughtfully placed landscape lighting. A wonderland so rare within the bustling length of Manhattan, yet it exists.The garden is meticulously maintained, as well as sidewalks in front of each home, by the Sutton Square AssociationI invite you to look at the photos and floorpans of this exquisite property. It would be my pleasure to offer you a private tour.

Last Agent to Sell the Property

Fabienne Lecole

Compass License #30LE0862354 Listed on: 05/08/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,138

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 52.0 x 17.0
  • Garden

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 4,950 Sq Ft Home
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Juliet Balcony
  • Patio
  • Terrace

Utilities

  • Central Air

Community Details

  • Sutton Area Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 1372

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,138

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Sutton Place & East River
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sutton Area
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Living Area: 4950.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 6

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Garden, Juliet Balcony
  • Patio/Porch Features: Patio, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 52.0 x 17.0

Building Info

  • Units: 1
  • Total Stories: 5
  • Year Built: 1899

Tax Info

  • Tax Block: 1372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Mar 29, 2018
Sold by
Distefano Margaret
Bought by
Pheasant Sutton Square Llc
Seller's Agent
Fabienne Lecole
Compass
List Price
$15,000,000
Sold Price
$12,055,000
Premium/Discount to List
-$2,945,000
-19.63%
Current Estimated Value
$7,967,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,087,954
Avg. Annual Appreciation
-8.68%
Original Mortgage
$7,233,000
Outstanding Balance
$6,241,188
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$119,238

Purchase Details

Closed on
Jan 7, 2000
Sold by
14 Sutton Square Inc
Bought by
Distefano Mark and Distefano Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.21%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pheasant Sutton Square Llc $12,055,000 --
Distefano Mark $7,425,000 --
Distefano Mark $7,425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pheasant Sutton Square Llc $7,233,000
Previous Owner Distefano Margaret $3,000,000
Previous Owner 14 Sutton Square Inc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $12,055,000 -19.6% $2,435 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
05/08/2017 05/08/17 For Sale $15,000,000 -- $3,030 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $76,138 $411,605 $227,850 $183,755
2024 $76,138 $379,080 $246,480 $113,304
2023 $78,316 $385,620 $246,480 $139,140
2022 $74,765 $374,520 $246,480 $128,040
2021 $84,689 $402,420 $246,480 $155,940
2020 $83,579 $434,100 $246,480 $187,620
2019 $77,924 $423,780 $246,480 $177,300
2018 $71,637 $351,420 $246,480 $104,940
2017 $82,469 $404,559 $198,962 $205,597
2016 $76,298 $381,660 $246,480 $135,180
2015 $36,009 $389,664 $253,140 $136,524
2014 $36,009 $367,608 $268,200 $99,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10076138

Real Estate Board of New York (REBNY)

APN: 1372-0042