In a market with very little “good” inventory, welcome to 5P, which is set to solve that conundrum. A mint condition, two bed, one-and-a-half bath that has been renovated with no detail spared and the finest of finishes. Entering into the foyer, you take in the huge, sunny combined living and dining space that is pin-drop quiet.

It has brand new plank floors, recessed lighting, and Southern exposures. The dining area has a bonus exposure, facing West, adding even more streaming light in throughout the afternoon. The street is tree-lined and bright with views of Clara Coffey Park and the East River right down the block.

The huge open kitchen with breakfast bar is outfitted with marble countertops, top-of-the-line Samsung appliances with an overall sleek design creating the perfect entertaining space. The kitchen has plenty of cabinetry but there are also large custom closets throughout for additional storage needs. Off of the living space is the huge South-facing primary bedroom, again with custom closets, and a beautifully designed en-suite bathroom.

The second bedroom is amply sized, sitting off of the living space and tucked away behind pocket doors. There is through-the-wall, brand new air conditioners in every room with custom crafted built-ins for a perfect finish. The unit is outfitted with a sleekly designed powder room just off of the entryway.

There is also updated electric throughout, as well as Lutron smart wiring which connects the lighting and the mechanical, custom Hunter Douglas window treatments. 5P underwent a detailed and sophisticated renovation that makes this apartment a real standout. Sutton Gardens is a well-maintained cooperative located on 55th Street and Sutton Place South. There is a full-time doorman, live-in super, and landscaped courtyard gardens at the center of the two wings of the building.

On the lower levels of the building, there is a newly renovated bike room with plenty of storage space, garage access, two laundry rooms and two storage rooms. Washer/Dryer can be installed in the unit with board approval. The lobby is set to undergo a renovation in addition to the gardens to upgrade the spaces and allow for more accessibility within the space.

This building is pet-friendly and allows for pied-a-terre purchasing. The building is a rarity for the Sutton Place area with only 20% down requirement for financing. 5P currently has an assessment of $627.50/month until December 2024.

Then, it lowers to $313.75/month for one year. 420 East 55th Street is located in the sophisticated and tranquil Sutton Place. This neighborhood is bustling with new and exciting dining including the Hugh and Coco Pazzeria. There is also the brand-new, much anticipated Trader Joes under the bridge and a Whole Foods on 57th Street.

Sutton Gardens has an exit onto 54th street which is steps away from the aforementioned Clara Coffey Park. This park is a part of the larger East River Greenway esplanade project spanning 32 miles around Manhattan. Don’t miss this one—it is truly the needle in the haystack!

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