New York City  »  10022  »  Sutton Pl S  »  1 Sutton Pl S

1 Sutton Pl S, New York, NY 10022 - Property report

Also known as: 501-509 E 56th St

Property image for 1 Sutton Pl S, New York, NY 10022
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1926

Lot sq. ft.

25,995

Sale price

$10,100,000

General information

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Address
Primary address
1 Sutton Pl S
Alternate address(es)
1-15 Sutton Pl S
500 E 57th St
501-509 E 56th St
ZIP code
10022
Neighborhood
Sutton Place
Borough
Manhattan
Block & lot
01372-0002

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
231,680
Building dimensions
201 ft x 110 ft
Buildings on lot
1
Stories
13
Year built
1926
Sales
Sale date
08/27/2004
Sale price
$10,100,000
Tax
Tax year
2026-2027
Property tax
$3,158,567
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
43
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 56 Street (narrow)
East 57 Street (wide)
Franklin D Roosevelt Drive (wide)
Sutton Place South (wide)
Distance to wide street
Lot dimensions
200.83 ft x 147 ft
Lot sq. ft.
25,995

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.48 Miles
Closest fire station
0.69 Miles

View more such as transportation, nearby schools and risk designations.

Units for 1 Sutton Pl S, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10A 06/21/2010
Unit 10C,D 07/10/2024
Unit 10C 01/05/2005
Unit 10D 02/01/2005
Unit 11A,W 11/30/2011
Unit 11A 02/28/2006
Unit 11C 08/15/2006
Unit 11D 12/14/2018 2,000
Unit 12A,W 08/09/2007
Unit 12B 05/10/2016
Unit 12C 05/29/2014
Unit 12D 07/12/2012
Unit 19D
Unit 1A 02/13/2008 4,750
Unit 1C 02/23/2011
Unit 2A 11/06/2007 5,000
Unit 2B 06/02/2026
Unit 2C 04/28/2025
Unit 3B 07/30/2009
Unit 4B 05/31/2016
Unit 5A 02/28/2014
Unit 5C 04/28/2023
Unit 5D 01/11/2024
Unit 6A 09/29/2023
Unit 6B 11/30/2021
Unit 6C 01/08/2010
Unit 6D 05/09/2025
Unit 7A 05/24/2017 5,000
Unit 7B-8B 10/22/2009
Unit 7D 05/14/2026
Unit 8A 11/22/2016
Unit 8C 03/12/2013 5,000
Unit 9A 06/30/2026
Unit 9B-10B 04/14/2016
Unit 9C,D 12/19/2016
Unit 9C 06/30/2025
Unit A 02/18/2016
Unit C
Unit G 08/19/2004
Unit GRC 07/08/2026
Unit MDS 06/12/2008
Unit MDS

Ownership information for 1 Sutton Pl S, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 Sutton Pl S, New York, NY 10022

Sale date Sale price Buyer name Seller name
08/27/2004 $10,100,000 XXXXXXX, XXXX X XXXXXXXX, XXXXXXX X
08/27/2004 $6,950,000 XXXXXXXX, XXXXXX X XXXXXXX, XXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/06/2024 - R UCC3 Termination
(2024110500402001)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
11/14/2024 - R
05/24/2024 - D
Agreement
(2024101600043001)
XXX XXXXXXXXXX XX XXXXXXXXXXXXXX XXXX XXXXXX XXX
10/12/2023 - R Initial UCC1
(2023100400947001)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
10/05/2023 - R
09/29/2023 - D
Assignment of Leases and Rents
(2023100400905002)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
10/05/2023 - R
09/29/2023 - D
Agreement
(2023100400905001)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
04/13/2020 - R Initial UCC1
(2020041100046001)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
04/13/2020 - R
04/01/2020 - D
Subordination of Mortgage
(2020040900431010)
XX XXXX X X XXXXXX XXXXX XXXXX XXXXXXXXXXX
04/13/2020 - R
04/01/2020 - D
Subordination of Mortgage
(2020040900431009)
XX XXXX X X XXXXXX XXXXX XXXXX XXXXXXXXXXX
04/13/2020 - R
04/01/2020 - D
Agreement
(2020040900431008)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X
04/13/2020 - R
04/01/2020 - D
Mortgage
(2020040900431007)
XXXXXX XXXXX XXXXX XXXXXXXXXXX XX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 Sutton Pl S, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$3,158,567
Municipal exemptions
Recent tax assessments
Market value
$71,230,000
Assessed value
$32,053,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $62,923,000 $28,315,350 $26,581,789 12.439% $3,306,509 $2,953,307 +2.83%
2024/25 $59,364,000 $26,713,800 $25,709,828 12.5% $3,213,729 $2,872,058 +4.06%
2023/24 $58,599,000 $26,369,550 $24,945,570 12.502% $3,118,695 $2,759,892 +3.39%
2022/23 $55,595,000 $25,017,750 $24,389,370 12.267% $2,991,844 $2,669,444 +7.02%
2021/22 $51,160,000 $23,022,000 $23,022,000 12.235% $2,816,742 $2,494,342 -13.18%
2020/21 $56,665,000 $25,499,250 $23,419,350 12.267% $2,872,852 $2,872,852 +4.77%
2019/20 $55,154,000 $24,819,300 $21,984,770 12.473% $2,742,451 $2,742,160 +6.43%
2018/19 $52,419,000 $23,588,550 $20,428,890 12.612% $2,577,419 $2,576,492 +7.32%
2017/18 $51,021,000 $22,959,450 $18,875,098 12.719% $2,401,594 $2,400,724 +5.89%
2016/17 $44,956,000 $20,230,200 $17,586,409 12.892% $2,268,153 $2,267,240 +3.58%

Permit information for 1 Sutton Pl S, New York, NY

Filing date Job type Job status Job description Initial cost
07/28/2026 Alteration
07/08/2026 Alteration
07/01/2026 Alteration
06/30/2026 Alteration
06/17/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
04/29/2026 A
03/15/2023 A
10/31/1979 A

*Most recent HPD violations on record for this property.

Turtle Bay, East Midtown residential market stats

Access a detailed real estate market overview of Turtle Bay, East Midtown so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Turtle Bay, East Midtown and compare it to other neighborhoods in Manhattan.

Median sale price

Median price/sq. ft.

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
West Rd & Unnamed St at SE Corner
Station lines
F
Distance (miles)
0.399

Access the detailed traffic volume map for 1 Sutton Pl S, New York, NY 10022 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 59 Beekman Hill International 8 Yes Public PK, K-5 523 0.32
P.S. 59 Beekman Hill International 8 Yes Public PK, K-5 523 0.32
The Montessori School of New York - Manhattan NR No Private PK, K-8 0 0.20
The Montessori School of New York - Manhattan NR No Private PK, K-8 0 0.20
Montessori School of Ny NR No Private PK-6 70 0.21
Montessori School of Ny NR No Private PK-6 70 0.21
Saint Albans NR No Private PK, K-8 0 0.39
P.S. 183 Robert L Stevenson 8 No Public PK, K-5 498 0.51
P.S. 183 Robert L Stevenson 8 No Public PK, K-5 498 0.51
East Side Elementary School, PS 267 9 No Public K-5 362 0.52
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The Montessori School of New York - Manhattan NR No Private PK, K-8 0 0.20
Saint Albans NR No Private PK, K-8 0 0.39
St Albans School NR No Private PK-8 118 0.39
Aaron School K - 12 NR No Private K-12 185 0.59
Ella Baker School 7 No Public PK, K-8 337 0.59
Aaron School NR No Private K-12 169 0.61
P.S. Is 217 Roosevelt Island 7 No Public PK, K-8 716 0.81
P.S. 78 8 No Public PK, K-8 725 0.86
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cathedral High School NR No Private 9-12 465 0.19
Cathedral High School NR No Private 9-12 556 0.19
Art and Design High School 8 No Public 9-12 1,469 0.34
The Beekman School NR No Private 9-12 71 0.51
Aaron School K - 12 NR No Private K-12 185 0.59
Talent Unlimited High School 7 No Public 9-12 438 0.59
Urban Academy Laboratory High School 1 No Public 9-12 135 0.59
Manhattan International High School 1 No Public 9-12 352 0.59
Vanguard High School 5 No Public 9-12 421 0.59
Aaron School NR No Private K-12 169 0.61

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 1 Sutton Pl S, New York, NY 10022?

The development at 1 Sutton Pl S, New York, NY 10022 was built in 1926.

What is the total square footage of 1 Sutton Pl S, New York, NY 10022?

1 Sutton Pl S, New York, NY 10022 has a total of 231,680 square feet.

When was 1 Sutton Pl S, New York, NY 10022 last sold and what was the sale price?

1 Sutton Pl S, New York, NY 10022 was last sold on 08/27/2004 for $10,100,000.

What is the assessed value of 1 Sutton Pl S, New York, NY 10022?

1 Sutton Pl S, New York, NY 10022 is currently assessed at $32,053,500.

What are the property taxes for 1 Sutton Pl S, New York, NY 10022?

The property taxes for 1 Sutton Pl S, New York, NY 10022 total $3,506,425.

How many residential units does this building have?

This building has 43 residential unit(s).

Disclaimer

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