Cannon Point North

25 Sutton Place South At the Southeast corner of 55th Street corner of East 55th Street

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CityRealty Ratings Are Based on:

Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

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Info & Ratings - Overview

Building Summary

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$762 Avg. Price / Ft2 (Closing History)
 
$1,266 Avg. Price / Ft2 (Currently Available)
 

  • Two Bedrooms from $1,535,000 to $1,899,000
    (3 available apts - updated May 21, 2013)
  • Five Bedrooms from $3,495,000
    (1 available apt - updated May 20, 2013)
  • 1959Year Built
  • 320Apartments
  • 21Floors
Cannon Point North - 25 Sutton Place South


   

Overview

One of two nearly identical apartment towers on the east blockfront of Sutton Place South in the mid-50’s, Cannon Point North at 25 Sutton Place South was built in 1959 as a cooperative. 

It is a pale pink brick building of 21 stories with 320 cooperative apartments with a large rear garden cantilevered over the FDR Drive.  It is also known as 500 East 56th Street and 501 East 55th Street. 

It is one story taller and has 43 apartments more than the white-brick Cannon Point South at 45 Sutton Place South. 

The latter building is perhaps best known for a photograph of a high-floor tenant fishing from his window in the East River directly below. Needless to say, many apartments have waterviews. 

Both projects were developed by Alfred Gross, who also built Glen Oaks Village in Queens, and designed by Paul Resnick and Harry Green.

Features & Amenities

  • FT Doorman
  • Hi Rise
  • Post War
  • Basement Storage
  • Roof Deck
  • Washer/Dryer in building
  • Elevator
  • Fitness Center

Pros

  • Many fabulous views of the East River
  • Quiet, elegant neighborhood
  • Two nice, small parks in immediate vicinity
  • Concierge
  • Doorman
  • Roof deck
  • Fitness center

Cons

  • Many apartments
  • Not close to subways
  • Long walk to midtown business district

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