Plaza 400, 400 East 56th Street

Co-op located in Beekman/Sutton Place, between First Avenue & Sutton Place

Description of Plaza 400 at 400 East 56th Street

The Plaza 400 is a 40-story, 591-unit cooperative located at 400 East 56th Street in the Beekman/Sutton Place enclave. Utilities are included in the maintenance, and shareholders are eligible for discounts at the direct access garage and on Spectrum Triple Play (landline, cable, and internet service). Amenities include a circular covered entryway, renovated lobby, 24-hour doorman/concierge service, a rooftop pool with deck and 360-degree views, state-of-the-art fitness center, residents' lounge, children's play room, bike room, laundry room, and storage bins, to name a few.

The building permits pied-a-terres, co-purchasing, and guarantors. Subletting is permitted subject to board approval. Washer/dryers and pets are not allowed.

Building Facts

Year Built: 1968

Building Type: Co-op

Neighborhood: Beekman/Sutton Place (Manhattan)

Minimum Down Payment: 40%
Total Apartments: 591

Total Floors: 40

Doorman: FT Doorman

Pets: Not allowed

Apartment Pricing Stats

$846

Avg. Price / ft²

Apartments for Sale (19)

$877

Avg. Price / ft²

Recent Sales (37)

Building Amenities

Concierge
FT Doorman
Post War
Resident Storage
Full Service Garage
Health Club
Pool
Rooftop Terrace
Washer/Dryer in building
Elevator
Mail Room
Children's Playroom
Fitness Center
On-Site Parking
Outdoor Entertainment Space
Bike Room
Live-In Superintendent
Terraces / Balconies

Send

Apartments for Sale at 400 East 56th Street (19)

Available Apts

$545K - $3.995M

Price Range

$846

Avg. Price / ft²

Loading Listings ...

No Listings Found. Please update the search criteria.

Gallery
List

Send

Interested in
this building?

Book an in-person or virtual tour.
It's free. Cancel anytime.

Or connect with one of our experts
with any questions

Call us at (212) 755-5544

Plaza 400: Rating

Out of 44

Out of 36

Out of 39

#14 Rated co-op - Midtown
#7 Rated co-op - Beekman/Sutton Place

Carter Horsley's Review of Plaza 400

"This 40-story apartment tower at 400 East 56th Street was one of the tallest in the Sutton Place area when it was erected in 1968 with 628 rental apartments.

It is known as Plaza 400 and was converted to co-operative apartments in 1981 and now has 581 apartments. It is also known as 401-415 East 55th Street and 1006-1020 First Avenue." Read Carter's Full Review

Pros

Many excellent midtown and East River views
Great landscaping
Storage rooms
Health club with swimming pool
Spectacular roof deck
Fairly quiet location
Very close to Sutton Place
Garage
Doorman
Concierge
Impressive lobby

Cons

Neighborhood could use more charm
Apartments are conventional is layout and size
Very large building with many apartments

Broker & Buyer Comments

"Plaza 400 is a 40 stories, white glove cooperative with 17 units per floor and many has been combined. It is considered one of the 10 finest cooperatives in New York and is financially solid. No subleasing and no pets. Beautiful appointed entrance with a water fountain, a lobby with a magnificent 1840`s chandelier that was from an Indian Palace. The floor corridors are beautifully appointed and the elevators are used for passengers only. White glove service with a doorman, concierge, and a mail room with its staff. The package room receives all your deliveries through the entrance on 55th street which is also served by a security guard. Deliveries to apartments of food is only accepted and delivered by the delivery elevator.There is a garage on the building. There is a Skytop Club with outside pool with a health club that offers yoga classes at a minimum cost and trainers are availble. In the summer the Skytop Club offers luncheon with frequent activities are given for residents, guests, and special ones for the children. There is a weekly movie year round on the building showing the latest pictures with complementary sodas and popcorn. Plaza 400 is a fully self managed building with an administrator, clerical staff, a super and with a staff ready to assist the tenants immediately. The maintenance includes electricity, gas, and basic cable provided at a low cost for tenants. This is not an easy board but reasonable once the buyer is ready to submit the required package. A great neighborhood off Sutton Place which is considered once of the most desirable in the City of New York. It is close to fashionable stores on 57th street, Fifth Avenue and Madison Avenue, close to Bloomingdales, great restaurants, neighborhood shops, boutiques and access to buses going east to west and north to south.Walking distance to the subway. Easy access to river crossing to the airports."

"White Glove, Full Service Building, Swimming pool, gym, roof deck, indoor skytop club. A magnificent East Side coop, Plaza 400 features a grand entrance framed by a lovely garden, fountain and beautifullandscaping. The beautiful marble lobby has an historic 1840`s chandelier and classically elegant decor. Must have very good financials, 40% down Great location, Neighborhood, known as Beekman/Sutton, midtown East, near # 6 train, and decorating district, Bloomingdales, Food Emporium under the 59th St. Bridge, the best local restaurants, near FDR Drive, quiet street off 1st Ave."

"Great Building and great pool activities gym."

"I live in this 580 aparment 40 story building. It has a new gym, an outdoor heated pool on the roof, a party room . Hallways are about to be redecorated soon. Board has set up difficult financial qualifications to buy in the building but if you meet them, they are quite reasonable to deal with. Sutton area. The closest subway is at 53rd and Third (E and V)or 59th and Lex ( 6 or N, R and W)"

What do you think?

Add Your Own Comment

Area Map | StreetView

{ "key" : "AIzaSyDquABdSLhathmwfnoTcYwA1BY6coZZyZk", "lat": 40.7572557, "lng": -73.9629056, "marker": { "icon": "https://img3.cityrealty.com/neo/i/w/amenities/base.png" } }

Subways

at Lexington Ave and 53rd 0.32 miles

at 3rd Ave and 60th 0.44 miles

Video

Sales History

View Full Sales History

Sales Summary - Past 12 Months

View By Apartment Sizes

Past 12 Months

$889,195

Avg. Price
Based on 36 Sales

Closing History - Last 10 sales

Units Sold

$495K - $2.1M

Price Range

$966

Avg. Price / ft²

View All Closed Transactions

Pricing Comparison of Similar Buildings

View Detailed Comparison

Plaza 400 in the News

From Great Listings Steals & Deals under $1M: Repriced NYC Apartments with Private Outdoor Space

Monday, June 6, 2022

From Great Listings Price Cuts: Tribeca penthouse with private roof deck reduced by $2.5M

Wednesday, June 1, 2022

How to buy a NYC apartment? 5 tips from a Manhattan realtor (Nov 3, 2021)
New listings with private outdoor space include a penthouse overlooking Gramercy Park with large patio (Aug 15, 2021)
Under $1.5M: NYC 2-beds with private outdoor space, building gyms, and laundry (Aug 12, 2021)
Steals & Deals from $450K includes a 3-bed Uptown loft with barrel-vaulted ceilings and renovated kitchen (Jul 1, 2021)
Price Cuts: Reduced listings include homes of Eleanor Roosevelt, Harry Winston, and Stephen Ross (Jun 30, 2021)
Steals & Deals under $1.2M: Manhattan apartments with a washer/dryer, outdoor space, and fitness center access (May 20, 2021)
How a Permanent Move to Remote/Hybrid Workplaces Could Transform NYC + Listings with Outdoor Space and Home Offices (Apr 14, 2021)
Steals & Deals: New listing bargains as residential market recovery takes hold (Mar 5, 2021)
NYC's top price cuts include Richard Rodgers' former East Side penthouse slashed by $2.5M (Jan 20, 2021)
NYC price cuts include Seaport loft with patio reduced by $300K (Dec 16, 2020)
Motivated Sellers: NYC bargains from $219K in the great buyer's market of 2020 (Sep 22, 2020)
From $700K, family-sized NYC apartments priced to sell (Mar 16, 2020)
The average Manhattan co-op is $1.33 million, See what that gets you in these 12 great neighborhoods (Jan 24, 2020)
This Week's Biggest NYC Price Cuts Under $1 Million Include Murray Hill Condo with Private Balcony and $220K Reduction (Mar 28, 2019)
Manhattan New Listing Deals Include a Beekman 2-Bed Co-op for $699K (Nov 19, 2018)
This Week's Best Deals Include a Carnegie Hill Co-op with Storage Loft for $565K (Jun 29, 2018)
New Listings: Beautiful NYC Co-ops with Awesome Views (Feb 1, 2018)

Alternate Addresses

1006 1 Avenue
400 B 56th Street
401 East 55th Street

Similar Buildings

{{building.name}} {{building.address}} Available Apartments: {{building.typeId == '8' ? building.totalForRent : building.totalForSale}}

This is your member's center

400 East 56th Street, Apt 21H

400 East 56th Street, Apt 10E

400 East 56th Street, Apt 33D

400 East 56th Street, Apt 7A

400 East 56th Street, Apt 17O

400 East 56th Street, Apt 28F

400 East 56th Street, Apt 10A

400 East 56th Street, Apt 20M

400 East 56th Street, Apt 24O

Plaza 400, 400 East 56th Street

Co-op located in Beekman/Sutton Place, between First Avenue & Sutton Place

Description of Plaza 400 at 400 East 56th Street

Building Facts

Apartment Pricing Stats

Building Amenities

Apartments for Sale at 400 East 56th Street (19)

Plaza 400: Rating

Architecture Rating: 31 / 44

Location Rating: 25 / 36

Features Rating: 21 / 39

CityRealty Rating Reference

Carter Horsley's Review of Plaza 400

Broker & Buyer Comments

Area Map | StreetView

Subways

Video

Sales History

Sales Summary - Past 12 Months

Closing History - Last 10 sales

Pricing Comparison of Similar Buildings

Plaza 400 in the News

Alternate Addresses

Similar Buildings

Nearby Apartments

Buy & Sell

Rent

Buildings

Insights

Company

Address