40 Sutton Place, Unit PHM

Offered well under $700 per square foot, this Sutton Place CONDO provides a unique opportunity to create the industrial chic penthouse of your dreams! Approximately 1,100 square feet of interior space plus a huge terrace overlooking the 59th St. Bridge, East River and Roosevelt Island tram from the top floor of this 10-storey building at 59th and Sutton. Flooded with sun during the day and truly magical with the twinkling bridge and city lights at night. Currently a huge 1 bed/1 bath, you could reconfigure the space into a full 2bed/2bath, subject to condo board approval of your plans. Unique features include a working fireplace, the possibility of adding another terrace to the kitchen of approximately 100 square, and an in-unit washer/dryer is permissible. Not for the timid, a full renovation is required, including replacement of the atrium windows at the owner’s expense, but when you are done, you will have an amazing CONDO PENTHOUSE in a fantastic location.

All this in a full service, pet friendly building, with 24 hour doorman and resident manager, bike room and storage (subject to availability). Steps to the waterfront parks and amenities of exclusive Sutton Place, with a myriad of restaurants and shopping choices, including Trader Joe’s just a block away. There is a 3% flip tax payable by the purchaser.

Sutton Place is a serene riverfront enclave in the heart of Manhattan. Its prime location offers easy access to Midtown, the United Nations, and the medical corridor just north of the Queensboro Bridge, with convenient routes to Long Island and Connecticut. The FDR Drive allows for quick access downtown, while nearby shopping includes Whole Foods, Trader Joe’s, and Midtown Catch. Beloved neighborhood dining options includeJean Claude, Mr. Chow, and Bistro Vendôme. Residents also enjoy charming pocket parks and the adjacent East River Esplanade for walking and biking.