Listing Courtesy of Berkshire Hathaway HomeServices New York Properties
$995,000
Potential Rebate: $14,925
<p>Rarely does a residence with this caliber of fit and finish come to market. In a building celebrated for its well-proportioned rooms and enduring elegance, this home distinguishes itself at the very highest level. A complete and meticulous renovation has both restored and elevated the original 1927 details, blending timeless craftsmanship with modern sophistication for the discerning buyer who demands the best.</p> <p>A grand entrance foyer sets the tone for this beautifully proportioned one-bedroom, one-bath residence, embodying the timeless sophistication of Sutton Place living. The gracious 19' square living room, framed by four oversized windows, offers abundant natural light and the perfect setting for both entertaining and everyday living. Its generous scale easily accommodates distinct living and dining areas.</p> <p>The home has been thoughtfully renovated throughout with exceptional attention to detail. Modern upgrades include a brand-new electrical panel, all new plugs and switches with dimmers, three new wood fire doors, updated hardware and door knobs, skim-coated walls and ceilings, refinished hardwood floors, and fully redesigned, carpeted closets. Custom lighting, fixtures, and finishes enhance every room, blending modern convenience with pre-war charm.</p> <p>The windowed, renovated kitchen is a chef's dream, featuring custom cabinetry, terrazzo flooring, Caesarstone countertops, and top-of-the-line appliances including a Wolf range with commercial oven and hood, Sub-Zero refrigerator, Cove dishwasher, and Miele washer/dryer. A dropped ceiling with recessed lighting, new plumbing, and thoughtfully designed sink area with filtered water spout, soap dispenser, and garbage disposal complete the space.</p> <p>The living room has been further elevated with custom millwork including a bar with wine fridge, built-in bookshelves and cabinetry, recessed beam lighting, a PTAC unit for year-round comfort, and designer window coverings. The foyer now includes a Murphy bed for guests, new lighting, and a reconfigured layout for improved flow.</p> <p>The spacious bedroom boasts custom west-facing windows with reed glass, additional tailored window treatments, custom cabinetry with Caesarstone counters, recessed lighting, and another PTAC system. The ensuite bathroom has been fully reimagined with porcelain tile walls, a custom vanity, pocket door, new plumbing, recessed lighting, shower bench with laundry drawer, and a new window and toilet.</p> <p>Throughout, elegant pre-war details remain-high beamed ceilings, multiple exposures, and excellent storage-now paired with meticulous modern upgrades, creating a truly one-of-a-kind residence in the heart of Sutton Place.</p> <p>This well-regarded full-service cooperative offers a 24-hour doorman, live-in superintendent, private storage, laundry facilities, bicycle room, and a beautifully landscaped roof deck with sweeping city and river views. Its prime Sutton Place location provides easy access to the East River Esplanade, top restaurants, convenient transportation, and the best of Manhattan living. There is a 2% flip tax paid by the buyer.</p>
$6,931 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$14,925
Monthly savings impact
$41/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%
Experience
Member
Listings
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 Berkshire Hathaway HomeServices New York Properties
Data Source: TRESTLE #RLS20047898

Compare average listing prices and value metrics for 419 East 57TH Street against the surrounding Sutton Place market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Sutton Place price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
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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