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

Plaza 400, 400 East 56th Street, #23C

$920,000 ($939 per ft2) -14.4% | 1 bed, 2 baths | Approx. 980 ft2
227 days on Market

Key Details

  • Listed: Jan 3, 2022
    Last Price Change: -5.6% ($55,000) on May 26
    Days on Market: 227
    Building Type: Cooperative
    Neighborhood: Beekman/Sutton Place (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,089 times
Monthly Maintenance: $2,208 ($2.25/ft2)
Total Taxes & Fees: $2,208 ($2.25/ft2)
Est. Monthly Mortgage: $3,093
Total Est. Monthly Carrying Cost: $5,301 ($5.41/ft2)
Note: the above is based on a down payment of 40% ($368,000), which is the minimum amount permitted by the building.

Description

REDUCED AGAIN! BEST PRICE! $920,000. One-of-a-kind, meticulously renovated, reconfigured, and designed by a leading New York architect with attention to every detail, this triple mint and enormous (approx.

980 SF) 1-bedroom boasts a private over-sized balcony and two full high-end baths. A formal entry foyer leads to a stunning large living room with African wood bookcases, an over-sized balcony, and a dining area (that comfortably seats 8) with striking views of Midtown and the Chrysler Building. The chef’s kitchen features a Viking stove, Sub-Zero refrigerator and wine cooler, Caesarstone counters, and beautiful custom cabinetry. The floors are cherry plank throughout and the custom built-in closets are both huge and abundant. Lovely, western light fills this entire chic and sophisticated home.

Electricity, gas, and central air are included in the maintenance. Pied-a-terre owners are welcome. The Plaza 400 is a white glove co-op just off Sutton Place, renowned for its full service, on-premises management, and amenities including 24-hour doormen, concierge desk, package room, bike room, rooftop heated pool/sundeck, catering kitchen, 360 Skytop club room, a new state-of-the-art fitness center, playroom, central laundry room, live-in superintendent and building assistants, a porte-cochere, and a discounted garage for residents. Maintenance covers all utilities including central air.

A 2% flip tax is paid by the buyer. *PLEASE NOTE THAT AS PER BUILDING RULES DUE TO COVID-19, 24-HOUR NOTICE IS REQUIRED FOR AN APPOINTMENT. IF YOU WISH TO SEE THE APARTMENT OVER THE WEEKEND, YOU MUST CONTACT ME BY NOON ON FRIDAYS.

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Apartment Amenities

  • Western Exposures
  • Balcony

Listing Agent (Seller's Representative)

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Pricing History

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About Plaza 400, 400 East 56th Street

86

Plaza 400, 400 East 56th Street has received a CityRealty Rating of 86, 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

31
Out of 44
+
25
Out of 36
+
21
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 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:
Discrete 1 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 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:
Yes 1 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 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 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:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 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:
Many 2 out of 2 points
  • Co-op
  • Built in 1968
  • 591 Apartments
  • 40 Floors

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

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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
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Subways

  1. 6
  2. M
  3. E
at Lexington Ave and 53rd 0.32 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 3rd Ave and 60th 0.44 miles

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Listing provided courtesy of Warburg Realty Partnership