A duplex maisonette with a private street entrance in Manhattan's Sutton Place neighborhood has been listed for sale at $1.65 million. The three-bedroom, two-and-a-half-bathroom cooperative apartment is located at 419 East 57th Street and spans approximately 2,237 square feet across two floors.
The residence is situated within a 16-story building constructed in 1927 and combines pre-war architectural details with the amenities of a full-service doorman building. The property's monthly maintenance fee is listed at $6,451.
Key Takeaways
- Property Details: A 2,237-square-foot, three-bedroom duplex maisonette is for sale in Sutton Place.
- Asking Price: The cooperative apartment is listed for $1.65 million.
- Unique Features: The unit includes a private street entrance, a wood-burning fireplace, and formal living and dining rooms.
- Building Information: The home is in a full-service, 16-story co-op building from 1927 with a doorman, gym, and roof deck.
- Monthly Costs: The property carries a monthly maintenance fee of $6,451.
A Detailed Look Inside the Sutton Place Residence
The apartment's layout is designed to separate public and private spaces, a characteristic feature of classic pre-war homes. The unique private entrance offers a level of privacy and convenience not commonly found in typical Manhattan apartments, creating a townhouse-like feel within a larger cooperative building.
First Floor Living and Entertaining Space
The lower level of the duplex is dedicated to living and entertaining. Upon entering, residents are greeted by a formal living room and an adjacent formal dining room. These spacious areas are anchored by a functional wood-burning fireplace, a sought-after feature in New York City apartments. The first floor also contains a windowed, eat-in kitchen, providing space for casual meals. A half-bathroom and a washer/dryer unit are also located on this level for convenience.
Second Floor Private Quarters
The upper floor houses the apartment's three bedrooms. The primary suite offers a private retreat, and it is complemented by two additional bedrooms and a full bathroom. The second floor also features ample storage, including walk-in closets. A decorative fireplace on this level adds to the home's historic character. All three of the apartment's bathrooms have windows, which allow for natural light and ventilation.
Property Specifications at a Glance
- Price: $1,650,000
- Square Footage: 2,237
- Bedrooms: 3
- Bathrooms: 2.5
- Monthly Maintenance: $6,451
- Fireplaces: 1 wood-burning, 1 decorative
The Building: Pre-War Charm and Modern Amenities
The residence is part of a 16-story cooperative building located at 419 East 57th Street. Constructed in 1927, the building retains the architectural integrity of its era while providing the services expected in a modern Manhattan residence.
The building is staffed with a doorman and a live-in superintendent, ensuring a high level of service and maintenance. According to the listing, residents have access to a gym and a roof deck, which provides an outdoor escape with city views. While the building offers a bike room and basement storage lockers, there are currently waiting lists for these amenities. The cooperative permits use as a pied-à-terre, offering flexibility for non-primary residents.
Understanding Co-op Maintenance Fees
The monthly maintenance fee of $6,451 is typical for a full-service, pre-war cooperative of this size. This fee generally covers the shareholder's portion of the building's operating expenses, including property taxes, staff salaries, underlying mortgage payments on the building, heat, hot water, and general upkeep of common areas and amenities.
The Sutton Place Neighborhood Context
Sutton Place is a well-known enclave on the East Side of Manhattan, recognized for its residential atmosphere and proximity to the East River. The neighborhood is characterized by its collection of elegant pre-war buildings, townhouses, and parks.
The area offers a quieter alternative to the more bustling parts of Midtown while remaining conveniently located. Its position provides easy access to the business districts of Midtown, as well as the shopping and dining options along First and Second Avenues. The neighborhood is also home to several small parks that offer green space and river views.
Market Perspective for Sutton Place
Real estate in Sutton Place often appeals to buyers seeking classic New York architecture and a more serene living environment. The price per square foot for this listing, approximately $738 per square foot, can be compared to the neighborhood's median figures to assess its market position. This calculation is derived by dividing the asking price ($1,650,000) by the square footage (2,237).
The combination of a private entrance, substantial living space, and pre-war details makes this property a distinct offering within the local market. The listing is managed by Pamela Marcus, Phil Wells, and Savannah Likitsakos of the Corcoran Group.
