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Explore Sutton Place Neighborhood in New York City

Real Estate New Developments

General Information

Sutton Place is an exclusive and serene residential neighborhood located on the East Side of Midtown Manhattan, nestled between 53rd and 59th Streets, just along the East River. Known for its quiet, tree-lined streets and luxurious apartments, Sutton Place offers an oasis of tranquility in the heart of New York City. Historically, this neighborhood has attracted wealthy professionals, executives, and notable figures due to its proximity to Midtown Manhattan and its peaceful atmosphere. The area’s stunning waterfront views and historic buildings, combined with its central location, make Sutton Place one of the most prestigious addresses in New York City. Residents enjoy easy access to cultural landmarks, high-end shopping, and fine dining, all while maintaining a sense of seclusion and privacy.

Real Estate Information

The real estate market in Sutton Place is known for its exclusivity and high-end properties, featuring elegant pre-war buildings, luxury co-ops, and spacious condominiums with stunning views of the East River and the Roosevelt Island. Sutton Place’s real estate offerings are generally in the luxury segment, with some of the city’s most prestigious addresses found here. Homes in the area often boast large floor plans, historic details, and expansive layouts that appeal to those seeking a quieter, more refined living environment. Due to its prime location and status as one of Manhattan's more affluent neighborhoods, real estate prices in Sutton Place are on the higher end, attracting an affluent, professional demographic. The neighborhood is ideal for those looking for luxury, privacy, and a high standard of living in close proximity to the business and cultural centers of the city.

Historical/Interesting Facts

Sutton Place has a rich history that dates back to the late 19th century when it was developed as a residential neighborhood for the wealthy. The area was originally named after the Sutton family, prominent landowners who were instrumental in its early development. In the early 20th century, Sutton Place became home to some of New York's most influential families, with grand townhouses and mansions lining the streets. During the 1920s and 1930s, the neighborhood became known for its old-money residents, including bankers, industrialists, and socialites. Over time, Sutton Place transitioned from a neighborhood of private estates to a mix of elegant apartment buildings and co-ops, all while retaining its exclusive and peaceful atmosphere. Today, the neighborhood is still one of New York’s most coveted residential areas, with a mix of old-world charm and modern luxury, preserving its legacy as a prestigious and desirable place to live.

Properties Statistics

Total Properties

265

Median Asking

$2,722,253.16

Sale Price/ft²

$17,350.72

Average Home Size

987 ft²

Average Home Age

59 years

Based on results from 265 properties

Buildings in this Sector

25 Tenants Corp.25 sutton place

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The Grand Sutton418 east 59th street

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30 SUTTON PLACE CO30 sutton place

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SUTTON ASSOC.424 east 57th street

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FAQ about Sutton Place