For Sale · Listing by Compass
415 E 54th Street #PH
Sutton Place, Manhattan
$8,500,000
415 E 54th Street #PH
MLS® #RLS20120678
Listing by Compass
- 4
- Bedrooms
- 4.5
- Baths
- 7,835
- Sq. Ft.
- 1983
- Year Built
Quick Summary
Property Highlights
- Views: City Lights, River, Skyline
- Exposure: East,North,South,West facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 13, 2026 | $8,500,000 | - |
| Currently | Oct 14, 2026 | $8,500,000 | - |
Description
Offered for the first time, The Penthouse at 415 East 54th Street is an extraordinary residence perched high above Manhattan, commanding sweeping 360-degree views of the city, the East River, and beyond. Spanning two levels with multiple private terraces, remarkable proportions, and distinctive architectural details, this is a home of exceptional character and presence. A private elevator landing welcomes guests into a grand entrance vestibule, where a sweeping marble staircase sets the tone for the residence. Throughout the home, custom millwork, hand-selected marble, and natural stone reflect an exceptional commitment to craftsmanship and detail. Generously proportioned rooms, expansive windows, and thoughtfully conceived spaces create an elegant setting for both grand entertaining and everyday living. At the heart of the residence is a spectacular 41-foot great room, where expansive windows frame sweeping views over Roosevelt Island, the East River, and beyond. The scale of the room is matched by the drama of its setting, creating a remarkable backdrop for entertaining. A gracious formal dining room, richly detailed media room, and additional living spaces complement the great room, each contributing to the home's distinctive character. The views are nothing short of spectacular. To the west, the Midtown skyline unfolds in dramatic fashion, with some of Manhattan's most recognizable architecture forming an ever-changing backdrop from day into night. To the east, expansive vistas stretch across the East River and beyond, while northern and southern exposures provide an exceptional sense of openness and natural light throughout the day. Equally compelling are the multiple private terraces spread over 3,000 square feet that surround the residence, offering an extraordinary connection to the city and skyline. These outdoor spaces create a natural extension of the interiors, with settings for open-air entertaining, dining, or simply enjoying the remarkable panorama. Among the home's most distinctive features is a separate guest suite accessible exclusively from an expansive private terrace. Surrounded by floor-to-ceiling glass, this remarkable space offers a secluded retreat from the main residence, with unobstructed views over the East River and to the north. Whether used for guests, a private office, or a quiet sanctuary above the city, it is a truly unusual feature that adds another dimension to the home. The upper level offers a more intimate collection of living spaces, including a generously proportioned primary suite with a separate dressing room, additional sitting areas, and private spaces for work or relaxation. The thoughtful separation between entertaining and private quarters lends the penthouse the character and comfort of a substantial private residence. The penthouse underwent an extensive four-year renovation, completed in 2000 and executed to the highest standards, with meticulous attention to craftsmanship, materials, and architectural detail. The result is a home of remarkable character and scale, with gracious entertaining spaces and a design that embraces its extraordinary setting.The residence also holds a place in New York's cinematic history, having served as a filming location for scenes from Oliver Stone's iconic 1987 film Wall Street. For its next owner, the opportunity is equally compelling. The existing interiors provide a substantial foundation for those who appreciate the home's original design, while offering the flexibility to introduce a more contemporary aesthetic or thoughtfully reimagine select spaces to suit their own vision. While interiors can evolve, the defining qualities of The Penthouse cannot be replicated: its elevation, panoramic exposures, extensive outdoor space, architectural character, and extraordinary position above the city. The St. James’s Tower is an established full-service condominium known for its exceptional service, generous proportions, and tranquil settin
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Sutton Place
View All Sutton Place ListingsSutton 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 NeighborhoodActive Listings
227
Median Asking Price
$1.20M
Median $/Sqft
$977
Avg Days on Market
N/A
New This Week
8
Price Reduced
36%
Sold (30 Days)
31
Median Sale Price
$950K
Live data from RLS at REBNY • Updated 10/14/26, 5:26 AM EST
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Location
415 E 54th Street #PH, Sutton Place, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $15,464 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $112,068, or roughly $9,339 per month. Verify the current assessment with your attorney before closing.
This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.
The listed interior living area is 7,835 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1983, making it approximately 43 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: Building Pets Allowed Comments:No pit bulls or aggressive dogs over 20 lbs . For rentals owners allow pets at their discretion. A security deposit refundable $1500 fee for each pet for renters required and must be submitted with Board Package.. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $8,500,000 for 7,835 sq ft, the asking price per square foot is approximately $1,085. 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) 416-7433Listing Courtesy of Compass - Robert Varvara
Listing Contact: (914) 844-4940
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/14/2026 at 9:26 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 415 E 54th Street #PH
At $8,500,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Sutton Place Market Update
31 sales last 30 days · $1.20M median · 7.3 months supply
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Quick Facts
Monthly Costs Estimate
$1,700,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$191,250
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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