Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
418 E 59TH Street #PHA

For Sale · Listing by Corcoran Group

418 E 59TH Street #PHA

Sutton Place, Manhattan

$1,700,000

Interested in this property?
Active For Sale • Condop

$1,700,000

418 E 59TH Street #PHA

Sutton Place, Manhattan

The Grand Sutton

MLS® #RLS20119183

RLS at REBNY

Listing by Corcoran Group

3
Bedrooms
3
Baths
N/A
Sq. Ft.
1988
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1988
Ownership Condop
HOA/Common Charges $6,051/mo
Parking Garage
Neighborhood Sutton Place
Floor 35 of 37

Property Highlights

  • Views: Bridges, City Lights, City, Panoramic, River, Skyline
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 6
Baths 3 Full
Floor 35 of 37
View Bridges, City Lights, City, Panoramic, River, Skyline
Cooling Central Air
Pets Yes
Year Built 1988
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01370/0038

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

Walk In Closets Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Bike Storage Concierge

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $6,051/mo

Sutton 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 Neighborhood

Active 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

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418 E 59TH Street #PHA, Sutton Place, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1896
Year Built
130 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings Historic District: Sunset Park South Historic District

Tax & Assessment

Assessed Value: $82,320
Land Value: $16,380
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,003 SF
Building Area: 2,592 SF
Built FAR: 1.29
Allowed FAR: 2

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

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) 416-7433
MLS® ID: RLS20119183
First Listed: 10/5/2026
On Market: 10/5/2026
Price Changed: 10/5/2026
Contract Date: 10/5/2026

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/5/2026 at 10:34 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Sutton Place Market Update

33 sales last 30 days · $1.16M median · 6.9 months supply

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New listings in this building

Quick Facts

Status Active Type Condop Neighborhood Sutton Place Borough Manhattan
County New York
Floor 35 of 37
Year Built 1988
First Listed 10/5/2026
Parking Garage
Common Charges $6,051/mo

Monthly Costs Estimate

Down Payment 20%

$340,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $6,051
Total Monthly $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

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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