For Sale · Listing by Corcoran Group
418 E 59TH Street #PHA
Sutton Place, Manhattan
$1,700,000
418 E 59TH Street #PHA
MLS® #RLS20119183
Listing by Corcoran Group
- 3
- Bedrooms
- 3
- Baths
- N/A
- Sq. Ft.
- 1988
- Year Built
Quick Summary
Property Highlights
- Views: Bridges, City Lights, City, Panoramic, River, Skyline
- Climate Control: Central Air
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 5, 2026 | $1,700,000 | - |
| Currently | Oct 5, 2026 | $1,700,000 | - |
Description
Deal of the Century! An Extraordinary Penthouse Opportunity at The Grand Sutton Rarely does a penthouse offering this combination of space, views, outdoor living, and flexibility come to market at such a compelling value. Perched atop The Grand Sutton, this striking duplex offers approximately 2,100 square feet with spectacular exposures overlooking the East River and Manhattan skyline. From the Chrysler Building to the Empire State Building, the views provide an ever-changing backdrop from day into night. The main level features a spacious living area with access to a private balcony and open northern views. The well-appointed kitchen includes premium Viking, Miele, and Fisher & Paykel appliances, including a gas cooktop, wall oven, microwave, generous refrigeration, wine storage, and the convenience of an in-unit washer and dryer. Two generously sized bedrooms are located on this level, both with private en-suite bathrooms. The primary suite is particularly impressive, offering dramatic river and Midtown skyline views from both the bedroom and bath. A separate guest powder room completes the floor. A sculptural curved staircase leads to the upper level, designed for entertaining and relaxation. At its center is a spectacular glass-enclosed solarium , flooded with natural light and surrounded by panoramic city and river views. Beyond it, a sunken den flows directly onto an expansive south-facing private terrace -an exceptional setting for entertaining, dining outdoors, or simply watching Manhattan illuminate after sunset. The upper level also provides valuable additional space that currently functions as a third bedroom , complete with multiple fitted closets and excellent storage. The Grand Sutton combines the privacy of an intimate residence with the conveniences of a full-service Manhattan building. With only two apartments per floor, residents enjoy 24-hour doorman and concierge service, a fitness center, landscaped courtyard, live-in superintendent, and an adjacent parking garage. The building offers unusually flexible ownership policies for a co-op, including guarantors, co-purchasers, pied-à-terre ownership, and subletting. Pets are welcome, and there is no land lease . Ideally situated across from Trader Joe's and Guastavino's , the residence enjoys an exceptionally convenient Midtown East location, with dining, shopping, transportation, and neighborhood amenities just moments away. Please note: A capital assessment of $1,608.24 per month is currently payable in addition to the monthly maintenance through December 2026 . A true penthouse experience offering two private outdoor spaces, extraordinary river and skyline views, exceptional interior space, and remarkable value in one of Manhattan's most convenient locations.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Sutton Place
View All Sutton Place ListingsSutton Place is a secluded and established residential pocket known for its low-traffic elegance and stunning East River views. This neighborhood offers a 'small-town' feel within the city, defined by its private parks and classic architecture. The housing stock is predominantly composed of grand, white-glove cooperatives, many of which feature expansive layouts and historic details that appeal to discerning buyers seeking privacy.
Sutton Place Live Market Data
View NeighborhoodActive Listings
228
Median Asking Price
$1.16M
Median $/Sqft
$987
Avg Days on Market
N/A
New This Week
23
Price Reduced
36%
Sold (30 Days)
33
Median Sale Price
$950K
Live data from RLS at REBNY • Updated 10/5/26, 6:34 PM EST
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Location
418 E 59TH Street #PHA, Sutton Place, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $6,051 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 3 bedrooms and 3 full bathrooms.
According to MLS records, the building was constructed in 1988, making it approximately 38 years old.
This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Matylda Pearson
Listing Contact: (646) 740-4938
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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 10/5/2026 at 10:34 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 418 E 59TH Street #PHA
At $1,700,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
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Sutton Place Market Update
33 sales last 30 days · $1.16M median · 6.9 months supply
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Quick Facts
Monthly Costs Estimate
$340,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$17,000
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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