Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,500,000

· Closed September 4, 2025

418 E 59TH Street #THA
Closed For Sale Condop

$1,500,000

$655 per sq ft

418 E 59TH Street #THA

Sutton Place, Manhattan

The Grand Sutton

MLS® #RLS11017311

RLS at REBNY

Listing by Serhant

2

Bedrooms

2.5

Baths

2,290

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 2,290 sq ft
Year Built 1988
Ownership Condop
HOA/Common Charges $4,473/mo
Parking Garage
Neighborhood Sutton Place
Floor 3 of 37

Property Highlights

  • Views: Bridges, City Lights, City
  • Exposure: South facing
  • Outdoor Space: Terrace

Property Details

Type Condop
Ownership Condop
Total Rooms 8
Baths 2 Full, 1 Half
Floor 3 of 37
View Bridges, City Lights, City
Exposure South
Cooling Other
Pets Yes
Year Built 1988
Living Area 2,290 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01370/0038

Listing History

Event Date Price Change
Listed Oct 22, 2024 $1,995,000 -
Price Reduced Oct 7, 2025 $1,745,000 -12.5%
Currently May 28, 2026 $1,500,000 -14.0%

Description

Exceptional Midtown Triplex with Private Entrance and Yard for under Two Million!

Discover the perfect combination of privacy, flexibility, and convenience with this unique triplex maisonette in the highly sought-after Grand Sutton. Boasting its own landscaped private entrance and a spacious private yard, this rare offering is ideal for residential living, commercial use, or a blend of both.

Positioned on the first floor, this condop townhouse offers the best of co-op living with condominium flexibility. The current layout includes a welcoming reception area with a kitchenette, an expansive recreation room, and a large private garden on the lower level, offering endless possibilities for relaxation or entertaining. The upper floor features two generously sized rooms and two full bathrooms, suitable for office or living space. Washer/Dryer permitted to be installed.

Whether you are looking to create a custom residence, establish a professional office, or combine both under one roof, this property offers unmatched potential. It will be delivered vacant, providing the opportunity for immediate occupancy and customization.

In addition to the townhouse layout, enjoy the luxury of full-service amenities including a 24-hour doorman, concierge, fitness center, courtyard, and live-in superintendent. Conveniently located near First Avenue, this prime Midtown location places you within steps of public parking, Trader Joe's, and a variety of restaurants and shops.

A unique space offering endless potential-schedule a viewing today!

The advertised maintenance reflects a one-time closing cost adjustment. The maintenance is up to 47% tax deductible. Additional tax deductions are available based on your primary residence. (Consult your CPA for all personal tax deductions).

Features & Amenities

Interior Features

Building Other

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Concierge

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $4,473/mo
Original Price $1,995,000
Sale Price $1,500,000
Previous Price $1,745,000

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

271

Median Asking Price

$1.13M

Median $/Sqft

$1,054

Avg Days on Market

N/A

New This Week

16

Price Reduced

40%

Sold (30 Days)

18

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/28/26, 7:01 PM EST

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Location

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418 E 59TH Street #THA, 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 $4,473 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,290 square feet. Verify dimensions independently during due diligence.

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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,500,000 for 2,290 sq ft, the asking price per square foot is approximately $655. 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: RLS11017311
First Listed: 10/22/2024
On Market: 10/22/2024
Price Changed: 10/7/2025
Closed: 9/4/2025
Contract Date: 10/22/2024

Listing Courtesy of Serhant - KRISTA NICKOLS

Listing Contact: (213) 820-3200

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 5/28/2026 at 11:01 PM UTC

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