Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $420,000

· Closed April 28, 2021

Closed For Sale Condo

$420,000

$911 per sq ft

40 SUTTON Place #8D

Sutton, Manhattan

MLS® #RLS10685110

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

Studio

0

Bath

461

Sq. Ft.

1954

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 461 sq ft
Lot Size 6,956 sq ft
Year Built 1954
Ownership Condo
HOA/Common Charges $824/mo
Property Taxes $8,496/yr
Neighborhood Sutton
Floor 8 of 10

Property Highlights

  • Location: Sutton, Manhattan
  • Property Type: Condo
  • Built: 1954

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 0 Full
Floor 8 of 10
Pets Yes
Year Built 1954
Living Area 461 sq ft
Lot Size 6,956 sq ft
Parcel # 1370-1059

Listing History

Event Date Price Change
Listed Nov 24, 2020 $486,000 -
Currently May 4, 2026 $420,000 -13.6%

Description

HOLIDAY GIFT – at a NEW PRICE Sutton Place Hideaway with a Designer Touch 40 Sutton Place sets itself apart from the rest as the only condominium on prestigious Sutton Place. This serene studio features an open kitchen, stainless steel appliances, granite counter tops, dishwasher, tiled bath, hardwood floors, built-in Murphy bed, and lots of closet space! Building amenities include 24-hour doorman, live-in super, FIOS, laundry room, private storage, and bike room. Pets welcome. Co-purchasing, pied-a-terre, and subletting permitted. The building has recently been rebuilt with upgraded elevators and a new, high-efficient dual fuel boiler, which can use either natural gas or oil-based fuel for best cost efficiency. Sutton Place is an historic city enclave, which is home to major figures in art, fashion and culture. It encompasses the East River Esplanade – a distinctive neighborhood highlight and surprising gem to newcomers. As a Prime Midtown location you are minutes away from the 59th Street Bridge, subway hub, crosstown bus, three hospitals, great restaurants, parks, shopping at Whole Foods, Bloomingdales and much more.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Common Charges $824/mo
RE Taxes $8,496/yr ($708/mo)
Original Price $486,000
Sale Price $420,000

Sutton Place stretches from East 53rd to East 59th Street along the East River, featuring elegant pre-war co-ops with limestone facades, Tudor Revival apartment houses, and classic townhouses on low-traffic, tree-lined blocks. The Lexington Avenue-53rd Street station (E/M) and the 59th Street station (4/5/6/N/Q/R) provide north-south and crosstown connections. Six pocket parks maintained by the Sutton Place Parks Conservancy overlook the East River waterfront.

Sutton Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$925K

Median $/Sqft

$1,120

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/4/26, 11:08 AM EST

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Location

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40 SUTTON Place #8D, Sutton, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1981
Year Built
45 years old
10
Floors
74
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,449,203
Land Value: $1,350,005
Exemptions: $772,424

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

Lot Area: 6,956 SF
Building Area: 47,399 SF
Built FAR: 6.81
Allowed FAR: 10

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 $824 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,496, or roughly $708 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 461 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1954, making it approximately 72 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $420,000 for 461 sq ft, the asking price per square foot is approximately $911. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.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: RLS10685110
First Listed: 11/24/2020
Price Changed: 4/28/2021
Closed: 4/28/2021
Contract Date: 11/30/2020

Listing Courtesy of Sotheby's International Realty, Inc. - Esther Muller

Listing Contact: (646) 391-7406

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 5/4/2026 at 3:08 PM UTC

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