Cannon Point North, 25 Sutton Place South - Beekman/Sutton Place
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Cannon Point North, located at 25 Sutton Place South, is a distinguished 21-story cooperative building constructed in 1959 and designed by architect Paul Resnick. The full-service building contains 320 units and stands prominently at the corner of East 56th Street and Sutton Place, offering residents spectacular views of the East River and Queensboro Bridge.
The building features comprehensive amenities including 24-hour doorman and concierge services, a live-in resident manager, and a signature landscaped terrace overlooking the East River. Additional facilities include a fitness center with yoga/ballet room, two laundry rooms, children's playroom, bike storage, and discounted on-site parking. Private storage units are available for rent.
Residents benefit from utilities included in the maintenance charges and access to discounted cable/internet packages. The cooperative maintains specific policies including allowing 50% financing, permitting pied-a-terres, and accepting cats but not dogs. A 2% flip tax is applicable to purchases and is paid by the buyer.
The building's prime Sutton Place location provides easy access to the East River Esplanade and the newly constructed Manhattan Greenway with bike and pedestrian pathways. The neighborhood offers a peaceful riverside setting while maintaining proximity to midtown Manhattan's amenities.
The surrounding area features numerous dining options, including notable establishments like Mr. Chow's, Morso, and Bistro Vendome. Convenient shopping can be found at nearby Whole Foods, Trader Joe's, and Midtown Catch. The location provides excellent access to the FDR Drive and is within walking distance to the United Nations and the medical corridor.
The building's apartments range from studios to larger units, many featuring river views and generous layouts. The cooperative's solid infrastructure and professional management have maintained its status as one of Sutton Place's premier residential buildings.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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