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A blog from CityRealty (Links below will take you to the 6sqft site)

Cannon Point North, 25 Sutton Place South, #20I

$698,000 -12.2% | 1 bed, 1 bath
474 days on Market

Key Details

  • Listed Sep 25, 2019
    Last Price Change -12.2% ($22,000) on Nov 18
    Days on Market 474
    Building Type Cooperative
    Neighborhood Beekman/Sutton Place
  • Monthly Maintenance $1,841
    Minimum Down Payment 50%
    Doorman FT Doorman

Description

MAJOR PRICE REDUCTION FOR THIS SUTTON PL. ENCLAVE,RIVER VIEW APT. BRING YOUR ARCHITECT – a wonderful opportunity is available to renovate an oversized 1 bedroom / 1.5 bath cooperative apartment in 25 Sutton Place South. Perched high up on the 20th floor with direct East River views this sun-flooded residence enjoys both east and south exposures. The layout is functionally perfect. You enter into a large foyer with powder room and large coat closet.

The oversized living room measures 23' 2" x 14' 6"and can accommodate both living and dining. There is a nice separation of space between the bedroom and living room as the bedroom is located at the end of hallway and this gives the bedroom lots of privacy. There are 5 oversized closets. Grand in scale this home offers the new owner a comfortable lifestyle. 25 Sutton Place South - known as Cannon Point North and perched on the corner of East 56th Street and Sutton Place-is a full-service 21-story, 320-unit cooperative with 24-hour doorman and concierge services. Built in 1959 and designed by architect Paul Resnick, 25 SPS features a residents-only landscaped terrace overlooking the East River, as well as 2 laundry rooms and a gym (available for separate fee).

The building also offers bicycle storage, additional private storage for rent and discounted on-site parking (all subject to availability). The maintenance for this cooperative is low given the size of this residence and includes utilities. Residents also enjoy access to a discounted cable/telephone/internet service.

Pied-a-terre friendly, cats allowed, but no dogs. Capital assessment of $211.25 per month. Buyer pays a 2% flip tax.

New owner will need to upgrade the windows per instructions from the cooperative. Washer/Dryers not permitted.

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Apartment Amenities

  • River View

Estimated Monthly Cost

About Cannon Point North, 25 Sutton Place South

69

Cannon Point North, 25 Sutton Place South has received a CityRealty Rating of 69, 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.

Rating Summary

19
Out of 44
+
30
Out of 36
+
12
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1959
  • 320 Apartments
  • 21 Floors

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Bike Room
  • Terraces / Balconies

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Pros
  • Many fabulous views of the East River
  • Fitness center
  • Roof deck
  • Doorman
  • Concierge
  • Two nice- small parks in immediate vicinity
  • Quiet- elegant neighborhood
Cons
  • Many apartments
  • Long walk to midtown business district
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.43 miles
  1. F
at West Rd and Unnamed 0.45 miles
About this Building

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