One Sutton Place South

1 Sutton Place South, 7C

Sutton Place   |   East 56th Street & East 57th Street

Co-op [Full-Time Doorman]
$ 6,900,000
Rooms 6
Bedrooms 2
Bathrooms 2.5
Status Active
Maintenance [Monthly] $ 8,558
Financing Allowed 0%
Listing ID: 111158

Property Description

TWO WOMEN, ONE VISION
Originally developed in 1875 by Effingham B. Sutton, Sutton Place became fashionable in 1920 when two visionary heiresses chose to leave their Fifth Avenue mansions to build their own homes in an enchanting, new location overlooking the East River, engaging acclaimed architect Mott Schmidt. Anne Harriman Vanderbilt, the younger daughter of Mrs. William K. Vanderbilt, Sr. was married in her parents' home at 660 Fifth Avenue at 51st Street. Anne Tracey Morgan was the youngest daughter of J.P. Morgan, the most powerful industrialist of his time. Other luminaries soon followed their lead.

ONE SUTTON PLACE SOUTH
In 1927, the Phipps family discovered what Vanderbilt and Morgan found so appealing about this elegant area and set out to build One Sutton Place South. Henry Phipps, Jr., the patriarch, grew up with Andrew Carnegie and later became Carnegie's business partner in The Carnegie Steel Company. The Phipps Family engaged Rosario Candela, at the peak of his career having designed 960, 834, and 1040 Fifth Avenue as well as 740, 770, and 778 Park Avenue.

In combination with the firm Cross and Cross, Candela was to create a 14-story apartment building with the structural system of a skyscraper: the building was completed in one year. Originally it was topped with a 17-room penthouse for Amy Phipps with 6,000 square feet of terraces. The New York Times of November 20, 1927 reports that "Mr. and Mrs. Vincent Astor occupy a 12-room apartment on the 12th floor." Other residents in subsequent decades have included Bill Blass, Janet Annenberg Hooker, John Fairchild, Marietta Peabody Tree, and Patricia Kennedy Lawford, the sister of President John F. Kennedy.

UNIQUE BUILDING FEATURES
This building is positioned on the eastern side of Sutton Place South directly overlooking its own gardens and the fascinating currents of the East River. It has a covered Porte-Cochere that makes entry to this building particularly private. The view of its garden is immediately available upon entering the lobby. There are three attendants who provide immediate assistance.

THE RENOVATION
Engaging the most talented artisans and designers, this 2 bedroom two-and-a-half bath residence has been skillfully restored and renovated by the owner to include features such as: new windows, electric, and plumbing; steam shower and jacuzzi in the master suite; working wood-burning fireplace in the living room; central air-conditioning with two air compressors and humidification system; audio and alarm system; restored original wood paneling and an unusually large private storage room in the basement measuring 7'8" x 12'2".

THE APARTMENT
The master suite is the second major corner room in this residence, granting a panorama encompassing Morgan and Vanderbilt's townhouses on Sutton Place to the north and the 59th Street bridge to the east. The master suite begins with hallways replete with storage: two large closets as you enter and an array of custom-designed closets between the master bedroom and bath. The windowed master bathroom includes a steam shower and Jacuzzi bathtub.

This apartment is distinguished by its gracious and spacious layout of beautifully proportioned rooms. Sunlight spills into each room through all eleven windows of this masterfully renovated residence, while filling the apartment with the presence of the East River view no matter where you look.
3% flip tax paid by the purchaser.
TWO WOMEN, ONE VISION
Originally developed in 1875 by Effingham B. Sutton, Sutton Place became fashionable in 1920 when two visionary heiresses chose to leave their Fifth Avenue mansions to build their own homes in an enchanting, new location overlooking the East River, engaging acclaimed architect Mott Schmidt. Anne Harriman Vanderbilt, the younger daughter of Mrs. William K. Vanderbilt, Sr. was married in her parents' home at 660 Fifth Avenue at 51st Street. Anne Tracey Morgan was the youngest daughter of J.P. Morgan, the most powerful industrialist of his time. Other luminaries soon followed their lead.

ONE SUTTON PLACE SOUTH
In 1927, the Phipps family discovered what Vanderbilt and Morgan found so appealing about this elegant area and set out to build One Sutton Place South. Henry Phipps, Jr., the patriarch, grew up with Andrew Carnegie and later became Carnegie's business partner in The Carnegie Steel Company. The Phipps Family engaged Rosario Candela, at the peak of his career having designed 960, 834, and 1040 Fifth Avenue as well as 740, 770, and 778 Park Avenue.

In combination with the firm Cross and Cross, Candela was to create a 14-story apartment building with the structural system of a skyscraper: the building was completed in one year. Originally it was topped with a 17-room penthouse for Amy Phipps with 6,000 square feet of terraces. The New York Times of November 20, 1927 reports that "Mr. and Mrs. Vincent Astor occupy a 12-room apartment on the 12th floor." Other residents in subsequent decades have included Bill Blass, Janet Annenberg Hooker, John Fairchild, Marietta Peabody Tree, and Patricia Kennedy Lawford, the sister of President John F. Kennedy.

UNIQUE BUILDING FEATURES
This building is positioned on the eastern side of Sutton Place South directly overlooking its own gardens and the fascinating currents of the East River. It has a covered Porte-Cochere that makes entry to this building particularly private. The view of its garden is immediately available upon entering the lobby. There are three attendants who provide immediate assistance.

THE RENOVATION
Engaging the most talented artisans and designers, this 2 bedroom two-and-a-half bath residence has been skillfully restored and renovated by the owner to include features such as: new windows, electric, and plumbing; steam shower and jacuzzi in the master suite; working wood-burning fireplace in the living room; central air-conditioning with two air compressors and humidification system; audio and alarm system; restored original wood paneling and an unusually large private storage room in the basement measuring 7'8" x 12'2".

THE APARTMENT
The master suite is the second major corner room in this residence, granting a panorama encompassing Morgan and Vanderbilt's townhouses on Sutton Place to the north and the 59th Street bridge to the east. The master suite begins with hallways replete with storage: two large closets as you enter and an array of custom-designed closets between the master bedroom and bath. The windowed master bathroom includes a steam shower and Jacuzzi bathtub.

This apartment is distinguished by its gracious and spacious layout of beautifully proportioned rooms. Sunlight spills into each room through all eleven windows of this masterfully renovated residence, while filling the apartment with the presence of the East River view no matter where you look.
3% flip tax paid by the purchaser.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Care to take a look at this property?

Apartment Features

A/C
1 Sutton Place South Sutton Place New York NY 10022

Building Details [1 Sutton Place South]

Ownership Co-op
Service Level Full-Time Doorman
Access Attended Elevator
Pet Policy Pets Allowed
Block/Lot 1372/2
Building Type Mid-Rise
Age Pre-War
Year Built 1925
Floors/Apts 14/46

Building Amenities

Common Storage
Fitness Facility
Garden
Laundry Rooms
Private Storage

Building Statistics

$ 2,079 APPSF

Active Sale Listings

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.