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Sutton Tower sold

Royalton Realty announced the sale of a 14-story elevator apartment building at 415 East 57th Street (The Sutton Tower) for $10.5 million, or $808 psf.

The 13,00 s/f building contains five apartments and one professional unit and was delivered vacant. The office space comprised 1, 098 s/f while the apartments are a mix of two and three bedroom duplex, and one four-level, three-bedroom apartment comprising floors 12,13 and 14.

Barbara Cardozo and Richard McTighe of Prudential Douglas Elliman represented the seller while Royalton's Jordan Adoni and Jay Adoni brought the buyer who already owns 2 multi family rentals and saw this as a great opportunity to break into the NYC conversion market.

 

 

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GENEVIEVE SONSINO

GENEVIEVE SONSINO

Licensed Associate Real Estate Broker


575 Madison Ave

New York, NY 10022

Office: 212.891.7140

 

RICHARD MCTIGHE

RICHARD MCTIGHE

Licensed Associate Real Estate Broker


575 Madison Ave

New York, NY 10022

Office: 212.891.7002

 

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