Sutton Gardens is a 12 story red brick co-op at 420 East 55th Street, built in 1955 and converted to cooperative ownership in 1986. The 120-unit building features delicate wrought iron detailing on its roofline and numerous corner balconies. Its location across from a garage topped by tennis courts and adjacent to the Cornell University Medical Center plaza provides residents with exceptional light and air, while two small parks overlooking the East River sit nearby.
The building offers full service amenities including a 24 hour doorman, live-in superintendent, and a step down lobby with automatic door entrance. Residents have access to a landscaped garden courtyard, two elevator banks, two laundry rooms, bike storage, private storage including cold storage, and an on-site parking garage. The co-op permits 80% financing, co-purchasing, guarantors, pets, and subletting after two years of ownership, with pied-à-terre purchases allowed with board approval.
Apartments throughout the building commonly feature hardwood or parquet floors, walk in closets, windowed bathrooms, and through wall air conditioning units. Many units have been renovated with modern kitchens equipped with high end appliances from Wolf, Miele, and Thermador, along with granite or marble countertops. Larger apartments often include in-unit washers and dryers, en suite bathrooms, and private terraces or balconies. The building's Sutton Place location provides convenient access to Whole Foods, Trader Joe's, the East River Greenway, and excellent cross town bus service on 57th Street, though subway access requires a longer walk.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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