SOLD FOR $710,000
· Sold at asking price · Closed August 21, 2026
$710,000
$654 per sq ft
40 SUTTON Place #PHM
The Forty Sutton Place Condominium
MLS® #RLS20079862
Listing by Douglas Elliman Real Estate
1
Bedroom
1
Bath
1,085
Sq. Ft.
1966
Year Built
Sale Details
Property Summary
Description
Offered well under $700 per square foot, this Sutton Place CONDO provides a unique opportunity to create the industrial chic penthouse of your dreams! Approximately 1,100 square feet of interior space plus a huge terrace overlooking the 59th St. Bridge, East River and Roosevelt Island tram from the top floor of this 10-storey building at 59th and Sutton. Flooded with sun during the day and truly magical with the twinkling bridge and city lights at night. Currently a huge 1 bed/1 bath, you could reconfigure the space into a full 2bed/2bath, subject to condo board approval of your plans. Unique features include a working fireplace, the possibility of adding another terrace to the kitchen of approximately 100 square, and an in-unit washer/dryer is permissible. Not for the timid, a full renovation is required, including replacement of the atrium windows at the owner's expense, but when you are done, you will have an amazing CONDO PENTHOUSE in a fantastic location. All this in a full service, pet friendly building, with 24 hour doorman and resident manager, bike room and storage (subject to availability). Steps to the waterfront parks and amenities of exclusive Sutton Place, with a myriad of restaurants and shopping choices, including Trader Joe's just a block away. There is a 3% flip tax payable by the purchaser. Sutton Place is a serene riverfront enclave in the heart of Manhattan. Its prime location offers easy access to Midtown, the United Nations, and the medical corridor just north of the Queensboro Bridge, with convenient routes to Long Island and Connecticut. The FDR Drive allows for quick access downtown, while nearby shopping includes Whole Foods, Trader Joe's, and Midtown Catch. Beloved neighborhood dining options includeJean Claude, Mr. Chow, and Bistro Vendôme. Residents also enjoy charming pocket parks and the adjacent East River Esplanade for walking and biking.
Property Details
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Listing courtesy of Ann Marie Folan at Douglas Elliman Real Estate. 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. This 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.