The Grand Sutton

The Grand Sutton is a condo located 418 East 59th Street, in Sutton Place, New York. The building was first built in 1988 and is 36 years old. The lot that the building was built on is 87 feet wide and 100 feet long. The official lot area is listed as 8,741 square feet. The building itself is 87 feet wide and 100 feet long. In total, 418 East 59th Street has a total floor area of 129,255 square feet. Of that, 119,255 square feet are used for residential purposes. About 10,000 square feet of the building are used for commercial purposes. There are a total of 76 units. Of those, 74 are residential units. There are 2 commercial units. 418 East 59th Street has a total of 36 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 418 East 59th Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 93 closings on record, of which we have matching data for 37 listings. In the past 3 years, a listing in this building will typically remain on the market for about 149 days and tend to sell below the original asking price of $1,598,000 by 1.88%. Meaning, listings tend to sell at a median of $1,056 price per square foot. The transaction that took the longest to complete was unit 28A, listed on Mar 25, 2019 for $1,550,000. This particular unit ultimately sold 336 days later for $1,325,000. The most recent transaction was for unit 26A, which was first advertised on Apr 01, 2023, sold for $1,290,000 on Dec 11, 2023. Fun fact, the oldest transaction we have on record took place on Dec 16, 1982. See the full transaction history for The Grand Sutton below.

Sutton Place, where 418 East 59th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,598,000. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $3,000,000. It is a 2,100 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,399,000. It is a 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 1 two-bedroom, 2 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,995,000. Collectively, the median square footage of these active units for sale is 1,800 sqft. Active units for sale at 418 East 59th Street are mostly 3-bedroom apartments Active units for sale at 418 East 59th Street have a median count of 3 bedrooms and have a median count of 3 bathrooms.