See Home Value
$19,950,000
Multifamily - Off Market

461 East 57th Street

New York City, NY 10022
bedrooms
Studio
bathrooms
0 Bath
$30,009,166
RealtyHop Estimate
50.42%
Since Dec 1, 2017
NY-New York
Primary Model

About This Property

UNIQUE RIVERSIDE AREA

Sutton Place South runs from East 53rd to East 57th Streets, Sutton Place from East 57th to East 59th Streets, anchored in the middle by an exquisite a U-shaped enclave of 14 townhouses on East 57th Street, the East Side of Sutton Place and East 58th Street commonly known as Sutton Square.  In the middle of these 14 townhouses is a magnificent communal garden bordered by the East River.

LEGACY OF LUMINARIES

Originally developed in 1875 by Effingham B. Sutton, Sutton Place became fashionable in 1920 when two extraordinary heiresses chose to leave their childhood homes on Fifth Avenue to build townhouses here to enjoy the gardens overlooking the East River.  Anne Harriman Vanderbilt, the younger daughter of Mrs. William K. Vanderbilt, Sr., was married in her parents' home at 660 Fifth Avenue on Fifth Avenue and East 51st Street.  Anne Tracey Morgan was the youngest daughter of J.P. Morgan, the richest and most prominent industrialist of his time.

Over time, owners such as Aristotle Onassis, John Whitehead, and Elizabeth Arden have been drawn the unique setting of Sutton Place and its East River views, as have some of New York's finest architects, including Rosario Candela at One Sutton Place South and Emery Roth at Two Sutton Place South, both of which fill the distant view from the southern windows of this very wide residence with the classic simplicity of their facades.

THE RESIDENCE TODAY

Set within the luxury cooperatives of the Sutton Place neighborhood, this 32-foot-wide townhouse enjoys an open southern view towards Sutton Place South while the northern exposure is filled with superb sunlight illuminating the rear garden.

Once a single-family residence, the townhouse has been in the same family for over forty years and currently serves as foundation offices.  The rear of the garden level, with high ceilings, abundant light, and spanning the full 32 feet in width, showcases the dramatic potential on all floors to create a bold, modern townhouse within a 4-window-bay facade.  Drawing in light on every floor, a new owner could create a luxurious master suite on one floor, four bedrooms on another floor, and still have ample room for public entertaining spaces and other requirements.

PAST AS PROLOGUE

Located outside of the Historic District, 461 East 57th Street currently has 7,365sf but may have the potential to expand by a new owner, making use of the existing FAR (all information provided to be verified independently by purchaser and their counsel).

This is a rare opportunity to acquire 32 feet of frontage to create the environment you have always wanted.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1900
Last updated: 7 years ago ( #RPLU-21916706386)

Price History

Date / Event Date Event Price
Nov 6, 2017 No longer available -
No longer available
Nov 3, 2017 Listed by Brown Harris Stevens $19,950,000
Listed by Brown Harris Stevens
Sep 28, 2017 Price Decreased $19,950,000
↓ $3M (11.3%)
Price Decreased
May 15, 2017 Price Increased $22,500,000
↑ $21M (2,095.1%)
Price Increased
Jul 9, 2007 Sold to Elizabeth A Sackler $1,025,000
Sold to Elizabeth A Sackler

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
Stu
-
-
$13,500,000 Feb 1, 2013
$13,500,000 Apr 10, 2014
-
Condo
3 Beds
3 Baths
2,633 ft²
$7,594/ft²
$19,995,000 Jul 1, 2020
$19,995,000 Aug 30, 2021
$12,669/mo
Condo
5 Beds
7 Baths
5,893 ft²
$3,216/ft²
$18,950,000 Dec 20, 2016
$18,950,000 Mar 15, 2019
$16,084/mo
Townhouse
4 Beds
7 Baths
-
$15,250,000 May 10, 2019
$15,250,000 Apr 22, 2020
-
Condo
3 Beds
5 Baths
4,082 ft²
$3,773/ft²
$15,400,000 Jul 1, 2016
$15,400,000 Nov 16, 2018
$15,967/mo
Condo
5 Beds
7 Baths
5,893 ft²
$3,097/ft²
$18,250,000 Jun 26, 2019
$18,250,000 Mar 9, 2020
$16,917/mo
Multifamily
9 Beds
10 Baths
-
$16,800,000 Jul 5, 2023
-
-
Condo
7 Beds
6 Baths
7,643 ft²
$2,610/ft²
$19,950,000 Mar 13, 2023
-
$25,184/mo
Co-op
5 Beds
8 Baths
7,000 ft²
$2,857/ft²
$20,000,000 Mar 15, 2023
-
$21,922/mo
Condo
5 Beds
4 Baths
5,782 ft²
$3,494/ft²
$20,200,000 Aug 18, 2023
-
$23,935/mo
Condo
4 Beds
5 Baths
4,595 ft²
$4,570/ft²
$21,000,000 Apr 14, 2023
-
$15,531/mo
Condo
3 Beds
3 Baths
-
$21,000,000 Sep 8, 2023
-
$19,103/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20171103
11/03/2017
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

461 East 57th Street 461 East 57th Street, New York, NY 10022
  • 2 Units
More about this Building
461 East 57th Street
Want to find out who owns 461 East 57th Street, New York, NY 10022? Get detailed property transactions here .

About Midtown Manhattan


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