Cooperative · 1956
Sutton House
415 East 52nd Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

415 East 52nd Street (Sutton House)

415 East 52nd Street, New York, NY 10022

CorridorSutton Place
At a glance
Year built
1956
Type
Cooperative
Units
287
Landmark
No
Pets
Pets permitted per listing records — confirm current limits
Financing
75 percent maximum per listing records
Flip tax
2 percent per listing records — confirm structure and payer with the managing agent

East 52nd Street past First Avenue is one of Manhattan's true cul-de-sacs — a quiet, river-ended block whose terminus is River House, the city's most storied co-op — and Sutton House is the block's post-war anchor. The complex is a piece of deliberate 1950s planning: three white-brick buildings — a 19-story tower on 53rd Street and two 12-story wings on 52nd — arranged around private interior gardens and a glass-walled lobby reached down a landscaped entrance court. Architectural records credit the design to John M. Kokkins and Stephen C. Lyras, who were also among the complex's original development syndicate; it was built as a luxury rental and converted to cooperative ownership in 1981 under an offering plan dated December 22, 1980, which — with its amendments and the proprietary lease — is on file in The Roebling Research Library.

The location logic is the same one that has organized this corridor since the 1920s: river adjacency without river-trophy pricing. Sutton House sits between the Sutton Place and Beekman Place enclaves, a block from the river esplanade, with the United Nations to the south and the 53rd Street garage giving drivers a direct on-off to the FDR — an underrated structural amenity in a corridor where parking is scarce. For three decades the complex also carried a piece of the city's dining history: Le Périgord, the French restaurant that opened in its First Avenue base in 1964 and served the neighborhood's diplomatic and old-guard clientele until 2017.

What we can document about the building's operations, we like. The board communications and audited financial statements on file show a co-op that raised maintenance meaningfully in 2018, then held 2020 to 2 percent; that built a dedicated contingency line into the budget specifically to protect capital reserves; and that pre-funded its Local Law 11 facade cycle from reserves rather than a shareholder assessment. That is the operating posture buyers should want from a 290-unit post-war house.

Architecture and unit composition

The complex's massing produces something post-war boxes rarely offer: most apartments face either the private interior gardens, the open river end of the block, or the Midtown skyline across low neighbors. The unit mix is broad — studios and one-bedrooms through two- and three-bedroom lines, plus combinations and penthouse units — with post-war proportions that combine well; multi-line combinations are an established pattern in the building per listing records. The white-brick envelope, glass lobby, and sunken entrance garden remain the complex's signature; the landscaped roof deck adds river and skyline outlooks on top of the tower.

Building operations

Full-service at scale: 24-hour doorman and concierge, live-in resident manager, fitness center, children's playroom, bike room, storage, central laundry, and the on-site garage. Management is institutional (Douglas Elliman Property Management per the documents on file), and the operating record — maintenance history, budget structure, facade-program funding — is documented in board communications and audited financial statements in The Roebling Research Library. A holder of unsold shares still held a block of units as of the 2018 amendment on file; the current sponsor-related position is a standard diligence item for your attorney.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

9GC+36%
$975,000 2008$1,325,044 2017
5EA+32%
$625,000 2007$650,000 2010$825,000 2015
4BC+24%
$640,000 2010$795,000 2022
6KC+16%
$740,000 2015$860,000 2019
12BC+14%
$790,000 2018$900,000 2021

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Apr 24, 20266GC$1,195,000
Apr 3, 20261C/B$685,000
Nov 26, 20257EA$660,000
Nov 26, 202511 FC$600,000
Nov 12, 20253AA$650,000
Nov 12, 20255MC$620,000
View all 155 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01364-0005) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

What to know if you’re buying

The block is the quietest kind of Manhattan. A river-ended cul-de-sac with River House at its terminus, no through traffic, and the esplanade below. Buyers trading from Midtown's avenue corridors should walk the block twice — once at rush hour — to understand what they are buying.

Note the address geography. "Sutton House" sits between the Sutton Place and Beekman Place enclaves rather than on either — that placement is exactly why the pricing runs a tier below both. Do not confuse it with Southgate, the pre-war Emery Roth enclave across the street at 400–434 East 52nd; the two trade differently.

The policy stack is moderate, not loose. 75 percent financing, pied-à-terre flexibility, and pet-friendliness per listing records — but subletting is tightly seasoned and time-limited. Investors should look elsewhere; pied-à-terre buyers fit. Run the Co-op Board Qualification Calculator before offering.

Underwrite the documented operating record. The 2018 maintenance reset, the contingency-fund discipline, and the reserve-funded facade program are all in the board communications on file with us. Your attorney should review the financials; the trajectory they show is of a board that corrected early rather than assessed late.

Drivers should price the garage in. An on-site garage with direct FDR access is rare inventory in this corridor and materially changes the carrying math against buildings that rely on outside parking. Run the True Monthly Carrying Cost Calculator on the full stack.

What to know if you’re selling

Sell the block and the gardens, not the category. "Post-war white-brick co-op" undersells the product. The cul-de-sac, the interior gardens, the glass lobby, the roof deck, and the FDR garage are the differentiated facts; lead with them.

Position against the enclaves on value. Your buyer is cross-shopping Sutton Place and Beekman Place pre-wars and the corridor's other post-wars. The argument is service parity and river adjacency at a discount per foot — make it with line-specific comparables, not building averages.

Expect diligence on the financials and meet it early. We provide serious buyers' counsel the audited statements and board communications from the Research Library up front; in a corridor where co-op financial quality varies widely, a documented operating record shortens negotiations.

Comparable buildings

If you're considering 415 East 52nd Street, also evaluate:

The Roebling Team at Sutton House

The Roebling Team at Compass works the Sutton Place and Beekman corridor as a core practice area. We publish this building profile because Sutton House buyers and sellers deserve building-specific intelligence — conversion documentation, operating record, and enclave-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 415 East 52nd Street, a 30-minute consultation is the right starting point.

Considering a transaction at Sutton House?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com