Listing Courtesy of Douglas Elliman Real Estate
$4,950,000
Potential Rebate: $74,250
<p> BEST PRICE ON THE EAST SIDE</p> <p>Enormous home on one floor! Spectacular river views. Approximately 5600'! Stunning prewar building. As a grand country manor, this 6 bedroom is sprawling with high ceilings, huge windows, beautiful prewar details, and two fireplaces.</p> <p>Seclusion and privacy begins with the limestone Porte Cochere with circular driveway. The concierge and doorman greet you at the beautiful wrought iron doors to the stunning lobby. Before you, glass French doors open to the manicured terraced gardens.</p> <p>The home maintains the proper sequence of rooms from the entry to the grand center gallery. The majestic living room, nearly 28" x 20" with floor to ceiling windows, library, and primary suite all face the river with approximately 60" of frontage. The five to six secondary bedrooms wrap from the north to the west sides of the home with views over Sutton Gardens to the treetops of Sutton Place South. There are five full bathrooms. The formal dining room and massive kitchen look to the gardens and river. Sunlight fills every room. At night are the twinkling lights of the 59th Street Bridge in the distance. The private gardens and new Sutton Place promenade completely obscure the view and sounds of the FDR.</p> <p>This home needs a renovation. There are HVAC units, C/A permitted with approval. Please contact us for more details.</p> <p>Sutton Place was developed to be a quiet enclave which it continues to be to this day. In the last 2-3 years, it has become the first-choice neighborhood for many discerning buyers seeking an escape from the rush and cacophony of the city, easy access out of the city to the Hamptons and both Kennedy and La Guardia Airports. Within 1-4 blocks are lovely restaurants and cafes, all of life's amenities, Wholefoods, and the infamous 57th Street crosstown bus to the West Side. Check out the passengers in evening wear, on their way to Carnegie Hall and Lincoln Center. Of course, there is the private driveway for your car and driver.</p> <p>Candela building, built in 1927, permits 50% financing. Maintenance paid quarterly. 3% flip tax. Pets permitted. Amenities include garden with private and comfortable areas to relax, and a private gym. Storage bin transfers with sale.</p> <p>LISTING FEATURES</p> <p>2 Fireplaces</p> <p>Water Views</p> <p>River, Garden & Park Views</p> <p>Juliet Planting Balconies in Living Room</p>
$42,960 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$74,250
Monthly savings impact
$206/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS10986471

Compare average listing prices and value metrics for 1Sutton Place South against the surrounding Sutton Place market.
than the Sutton Place price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Sutton Place.
Sutton Place is a small, ultra-exclusive enclave on the East River, running from 53rd to 59th Streets. It is famous for its pre-war elegance, river views, and old-money atmosphere. For buyers seeking Sutton Place Manhattan real estate, it offers a level of privacy and prestige that even Park Avenue envies.
Living in Sutton Place, Manhattan is quiet and refined. It is a cul-de-sac neighborhood with little through traffic. As a prestigious Manhattan NYC neighborhood, it has been home to icons like Marilyn Monroe and I.M. Pei, attracting those who want to be in the city but not of it.
The market for homes for sale in Sutton Place is dominated by "white glove" co-ops facing the river. Buildings like One Sutton Place South are legendary for their exclusivity and board requirements. There are also stunning townhouses on the side streets.
Prices are relatively high, but often offer better value per square foot than Fifth Avenue because the neighborhood is slightly further from the subway. It is a stable, mature market.
The lifestyle in Sutton Place is discreet. There is very little commercial activity within the enclave itself; residents walk to First Avenue for dining and shopping. It is a place for evening strolls in tiny parks and dinner parties at home.
The community is older and established, though younger people are moving in, attracted by the quiet and the value. It feels like a private club spread across six blocks.
Sutton Place is famously a bit isolated. The nearest subways (E, M, 6) are at 53rd and Lexington or 59th and Lexington, a solid 10-minute walk. Residents often rely on taxis, Ubers, or the crosstown bus.
Easy access to the FDR Drive makes it convenient for those who own cars and travel to the Hamptons or Westchester.
The neighborhood features a series of "pocket parks" at the end of each street overlooking the East River, offering benches and stunning views of the Queensboro Bridge. Sutton Place Park is a gem.
Amenities are refined: specialized cheese shops, florists, and high-end grocers on the periphery. It is close to the design district on the East Side.
Sutton Place is best for diplomats, retirees, and buyers who prioritize silence, river views, and white-glove service over subway convenience.

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