40 Sutton Place, Unit PHM

40 Sutton Pl
Sutton Place

$750,000
Price
1
Bed
1,085 Sq. Ft.
$691 / Sq. Ft.
1,085
Sq. Ft.
$691
per Sq. Ft.
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Open: 5/31 12:00PM - 01:00PM
Open: 5/31 12:00PM - 01:00PM

Description

Offered well under $700 per square foot, this Sutton Place CONDO provides a unique opportunity to create the industrial chic penthouse of your dreams! Approximately 1,100 square feet of interior space plus a huge terrace overlooking the 59th St. Bridge, East River and Roosevelt Island tram from the top floor of this 10-storey building at 59th and Sutton. Flooded with sun during the day and truly magical with the twinkling bridge and city lights at night. Currently a huge 1 bed/1 bath, you could reconfigure...Offered well under $700 per square foot, this Sutton Place CONDO provides a unique opportunity to create the industrial chic penthouse of your dreams! Approximately 1,100 square feet of interior space plus a huge terrace overlooking the 59th St. Bridge, East River and Roosevelt Island tram from the top floor of this 10-storey building at 59th and Sutton. Flooded with sun during the day and truly magical with the twinkling bridge and city lights at night. Currently a huge 1 bed/1 bath, you could reconfigure the space into a full 2bed/2bath, subject to condo board approval of your plans. Unique features include a working fireplace, the possibility of adding another terrace to the kitchen of approximately 100 square, and an in-unit washer/dryer is permissible. Not for the timid, a full renovation is required, including replacement of the atrium windows at the owner's expense, but when you are done, you will have an amazing CONDO PENTHOUSE in a fantastic location. All this in a full service, pet friendly building, with 24 hour doorman and resident manager, bike room and storage (subject to availability). Steps to the waterfront parks and amenities of exclusive Sutton Place, with a myriad of restaurants and shopping choices, including Trader Joe's just a block away. There is a 3% flip tax payable by the purchaser. Sutton Place is a serene riverfront enclave in the heart of Manhattan. Its prime location offers easy access to Midtown, the United Nations, and the medical corridor just north of the Queensboro Bridge, with convenient routes to Long Island and Connecticut. The FDR Drive allows for quick access downtown, while nearby shopping includes Whole Foods, Trader Joe's, and Midtown Catch. Beloved neighborhood dining options includeJean Claude, Mr. Chow, and Bistro Vendôme. Residents also enjoy charming pocket parks and the adjacent East River Esplanade for walking and biking.
  1. Listed by Ann Marie Folan • Douglas Elliman Real Estate
    P: (212)-891-7000 afolan@elliman.com
  2. Listed by Claudia Hason • Douglas Elliman Real Estate
    P: (917)-589-1538 claudia.hason2@elliman.com
  3. Listed by Jeremy Drucker • Douglas Elliman Real Estate
    P: (917)-972-0366 jeremy.drucker@elliman.com

Property Details for 40 Sutton Place, Unit PHM

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Bridges, City, Skyline

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Sunday, May 31st12:00 PM - 1:00 PM
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LISTING UPDATED: 05/28/2026 04:39 PM

Property Details for 40 Sutton Place, Unit PHM

StatusActive
MLS IDRLS20079862
Days on Market34
Pet Policy-
Taxes$1,945 / month
Common Charges$2,464 / month
Min. Down Pymt10%
Total Rooms3.0
Property TypeCondo
MLS TypeCondo
Year Built1966
CountyNew York County

Building

40 Sutton Pl

74 Units10 StoriesBuilt in 1966
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Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 40 Sutton Place, Unit PHM

Building/Complex40 Sutton PlFloor0Stories10Residences74Pet Policy-Pet Policy Details3Year Built1966Building AgePost-war

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$8,614 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,205

Property Taxes

$1,945

Maintenance/Common Charges

$2,464

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Property Information for 40 Sutton Place, Unit PHM

Summary
Location and General Information
  • Subdivision Name: Sutton Place
  • Stories Total: 10
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 1076
  • Tax Deduction Percent: .00%
  • Tax Block: 01370
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 7501
  • Tax Monthly Amount: 1945.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 1085.0
  • Living Area Units: Square Feet
  • Building Name: The Forty Sutton Place Condominium
Building Information
  • Building Features: Storage, BikeStorage
  • Landmark Status YN: false
  • Building Laundry Features: InBasement
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: WallUnits
  • Entry Level: 0
  • Appliances: WasherDryerAllowed
  • Fireplace: No
  • Floor Number: 0
  • Basement: No
  • Cooling: Yes
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 74
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: DoormanFullTime
  • Land Lease: No

Property History for 40 Sutton Place, Unit PHM

DateEvent & SourcePriceAppreciationLink
May 28, 2026

Listed (Active)

RLS RESO #RLS20079862

$750,000—
Apr 30, 2026

Contract Signed

RLS RESO #RLS20079862

—
Mar 27, 2026

Listed (Active)

RLS RESO #RLS20079862

$750,000——
DateEvent & SourcePrice
05/28/2026

Listed (Active)

RLS RESO #RLS20079862

$750,000
04/30/2026

Contract Signed

RLS RESO #RLS20079862

—
03/27/2026

Listed (Active)

RLS RESO #RLS20079862

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 40 Sutton Place, Unit PHM

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
East Side Elementary School, PS 267
Public - K to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 104 Simon Baruch
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40 Sutton Place, Unit PHM, Sutton Place

40 Sutton Place, Unit PHM is a condo for sale in Sutton Place. This property was listed for sale on March 27, 2026 by Douglas Elliman Real Estate, it's currently listed at $750,000. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 40 Sutton Place, Unit PHM is a 1-bed, 1-bath, 1,085 sqft condo built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.