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$740,000
List Price: $750,000
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40 Sutton Place #PHM
Condo in Sutton Place •  building info
1bd • 1ba • 1,085ft² $691 per ft²
Buy with Yoreevo

$740,000

List Price

$750,000

Key Details
Listed today
Last price change
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Estimated payment
$8,456/mo
Taxes
$1,945/mo
Common charges
$2,464/mo
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.

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Important Stuff
Elevator
Pets allowed
Full Time Doorman
Home features
View

City

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Storage

Locker/Cage

Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$750,000
Asking Price: $750,000
Term
30 Years
Down Payment
$75,000 (10%)
Min: 10% (75,000)
Rate
6.0 %
Mortgage Amount
$675,000
Mortgage Payment
$4,047
Common Charges
$2,464
Taxes
$1,945
Estimated Yoreevo rebate
$10,000
Estimated closing cost
$25,000
Total monthly cost $8,456
Buy your dream home with us and get an estimated $10,000 rebate.
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Listing Courtesy of Douglas Elliman

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