Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $290,000

Listed at $395,000 · Sold 26.6% below asking · Closed April 11, 2013

40 SUTTON Place #3E
Closed For Sale Condo

$395,000

$608 per sq ft

40 SUTTON Place #3E

Sutton Place, Manhattan

40 SUTTON PL CONDO

MLS® #RLS10095348

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

650

Sq. Ft.

1954

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 650 sq ft
Year Built 1954
Ownership Condo
HOA/Common Charges $1,091/mo
Property Taxes $20,892/yr
Neighborhood Sutton Place
Floor 3 of 10

Property Highlights

  • Exposure: East,North facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 10
Exposure East,North
Pets Yes
Cross Street East 58th Street & East 59th Street
Year Built 1954
Living Area 650 sq ft
Parcel # 1370-1015

Listing History

Event Date Price Change
Listed Apr 13, 2013 $395,000 -
Price Reduced Apr 18, 2013 $290,000 -26.6%

Description

Sunny one bedroom requiring renovation.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Common Charges $1,091/mo
RE Taxes $20,892/yr ($1,741/mo)
Sale Price $290,000
Previous Price $290,000

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

273

Median Asking Price

$1.11M

Median $/Sqft

$1,070

Avg Days on Market

N/A

New This Week

12

Price Reduced

40%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/14/26, 5:33 PM EST

Similar Listings in Sutton Place

View All

Location

Loading map...

40 SUTTON Place #3E, Sutton Place, New York County • Near East 58th Street & East 59th Street

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 $1,091 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $20,892, or roughly $1,741 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 650 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $395,000 for 650 sq ft, the asking price per square foot is approximately $608. 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 [email protected]. 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: RLS10095348
First Listed: 4/13/2013
Price Changed: 4/18/2013
Closed: 4/11/2013
Contract Date: 4/17/2013

Listing Courtesy of The Corcoran Group - Sheila McCarthy

Listing Contact: (917) 886-9821

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 5/14/2026 at 9:33 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton