NOT LISTED FOR SALE
2 Beds
1.5 Baths
950 Sq Ft
$1,892/mo HOA Fee

Last Sold May 05, 2023

Last sale price $945,000 $995 Per Sq Ft

113 Days on Market

Highlights

  • River View
  • 28,250 Sq Ft lot
  • Eat-In Kitchen
  • P.S. 59 Beekman Hill International Rated A
  • Community Garden
  • 3-minute walk to Sutton Place Park

About This Home

As of May 2023

In a market with very little “good” inventory, welcome to 5P, which is set to solve that conundrum. A mint condition, two bed, one-and-a-half bath that has been renovated with no detail spared and the finest of finishes.

Entering into the foyer, you take in the huge, sunny combined living and dining space that is pin-drop quiet. It has brand new plank floors, recessed lighting, and Southern exposures. The dining area has a bonus exposure, facing West, adding even more streaming light in throughout the afternoon. The street is tree-lined and bright with views of Clara Coffey Park and the East River right down the block. The huge open kitchen with breakfast bar is outfitted with marble countertops, top-of-the-line Samsung appliances with an overall sleek design creating the perfect entertaining space. The kitchen has plenty of cabinetry but there are also large custom closets throughout for additional storage needs. Off of the living space is the huge South-facing primary bedroom, again with custom closets, and a beautifully designed en-suite bathroom. The second bedroom is amply sized, sitting off of the living space and tucked away behind pocket doors. There is through-the-wall, brand new air conditioners in every room with custom crafted built-ins for a perfect finish. The unit is outfitted with a sleekly designed powder room just off of the entryway. There is also updated electric throughout, as well as Lutron smart wiring which connects the lighting and the mechanical, custom Hunter Douglas window treatments. 5P underwent a detailed and sophisticated renovation that makes this apartment a real standout.

Sutton Gardens is a well-maintained cooperative located on 55th Street and Sutton Place South. There is a full-time doorman, live-in super, and landscaped courtyard gardens at the center of the two wings of the building. On the lower levels of the building, there is a newly renovated bike room with plenty of storage space, garage access, two laundry rooms and two storage rooms. Washer/Dryer can be installed in the unit with board approval. The lobby is set to undergo a renovation in addition to the gardens to upgrade the spaces and allow for more accessibility within the space. This building is pet-friendly and allows for pied-a-terre purchasing. The building is a rarity for the Sutton Place area with only 20% down requirement for financing. 5P currently has an assessment of $627.50/month until December 2024. Then, it lowers to $313.75/month for one year.

420 East 55th Street is located in the sophisticated and tranquil Sutton Place. This neighborhood is bustling with new and exciting dining including the Hugh and Coco Pazzeria. There is also the brand-new, much anticipated Trader Joes under the bridge and a Whole Foods on 57th Street. Sutton Gardens has an exit onto 54th street which is steps away from the aforementioned Clara Coffey Park. This park is a part of the larger East River Greenway esplanade project spanning 32 miles around Manhattan. Don't miss this one—it is truly the needle in the haystack!

Last Agent to Sell the Property

Aimee Denaro Becker

Sothebys International Realty License #10401255876 Listed on: 10/19/2022

Sothebys International Realty

Co-Listed By

Colleen Howard

Sothebys International Realty License #10401351704

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1956

Lot Details

  • 0.65 Acre Lot
  • Garden

HOA Fees

  • $1,892 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 950 Sq Ft Home
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Listing and Financial Details

  • Tax Block 0016

Community Details

Overview

  • 237 Units
  • Sutton Subdivision
  • 12-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,892 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sutton
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 12

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 950.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Park/Greenbelt, River
  • View: Yes
  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1892.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 28250.0
  • Lot Size Dimensions: 153.08 x 200.83

Building Info

  • New Construction: No
  • Units: 237
  • Total Stories: 12
  • Year Built: 1956

Tax Info

  • Tax Block: 0016

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Off Market $945,000 -- --
05/05/2023 05/05/23 Sold $945,000 -3.1% $995 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $975,000 -- $1,026 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10846037

Real Estate Board of New York (REBNY)