The Sovereign,
425 East 58th Street

Overview of The Sovereign at 425 East 58th Street

The Sovereign at 425 East 58th Street stands as one of Manhattan's most distinguished post war cooperatives, designed by Emery Roth & Sons and completed in 1974 by developer Sigmund Sommer. This 48 story brown brick tower caused quite a stir in the Sutton Place neighborhood upon its completion due to its enormous scale and innovative stepped plan design that would later influence Trump Tower. The building's strategic positioning along the south side between First Avenue and Sutton Place offers residents spectacular views of the Ed Koch Queensboro Bridge, East River, United Nations, and Manhattan skyline. Originally containing 376 rental apartments, the building now houses 360 cooperative units and notably once featured The Palace, the city's most expensive restaurant, on its north side.

The building's architectural distinction lies in its stepped façade that creates abundant corner windows and maximizes views for residents. With only two apartments per floor served by two elevators per wing, The Sovereign offers exceptional privacy and exclusivity. The elegant lobby serves as a masterpiece of mid century design, featuring soaring ceilings adorned with hand blown Venini chandeliers designed by Italian architect Carlo Scarpa, original rosewood paneling, and travertine marble floors. This sophisticated entrance sets the tone for what The New York Times has called "super luxury" living, with celebrity residents including Denise Rich.

Residents enjoy comprehensive white glove service including 24 hour doorman, concierge, and on site management, along with a 24 hour valet parking garage equipped with Tesla chargers. The building features a state of the art windowed fitness center and is surrounded by manicured park like gardens with seating areas. Additional amenities include bike storage, private storage units, and a business center, while the building maintains a pet friendly policy allowing up to two dogs.

Apartments at The Sovereign are characterized by their generous proportions and premium finishes. Most units feature wraparound corner windows, in unit washer/dryer, and butler's pantries, with approximately half including private balconies or terraces. The residences range from 1,400 square foot one bedrooms to expansive 4 bedroom homes, with some featuring duplex layouts. Common apartment features include 9 foot plus ceilings, hardwood floors, windowed kitchens, and marble bathrooms, while many units boast dramatic river and bridge views through floor to ceiling windows.

The cooperative offers flexible ownership options, permitting pied à terre use, trust and LLC purchases with board approval, along with subletting under certain restrictions. Located moments from the East River Promenade and premium neighborhood amenities including Trader Joe's and Whole Foods, The Sovereign represents the pinnacle of Sutton Place luxury living. The building charges a 2% flip tax split equally between buyer and seller and allows up to 65% financing, making it accessible to a range of qualified purchasers seeking this level of Manhattan sophistication.