New York (Sutton Place), NY, 10022 | $595,000

Delightful Studio in Prime Midtown East Location!

Step into the perfect starter home located in the heart of Midtown East! Apartment 3G is an updated, north facing, convenient studio retreat which offers simplicity, functionality, and a fantastic opportunity to own a piece of Manhattan!

As you enter into the apartment through a true foyer, you are greeted by a refreshed, functional one-walled kitchen which boasts a 2-burner stove top, tons of countertop and cabinet space, and even room for a dishwasher. As you step further into this home, you will notice the ample living space with triple north facing windows with quiet street views. A thoughtfully placed pocket door leads you into a smartly configured, full-sized bathroom with a rare alcove for the toilet. The apartment also features a full-sized refrigerator, beautiful hardwood flooring, crown moldings and recess lighting throughout, creating a bright and inviting living space. The living space is roomy enough to accommodate a dining area, Queen-sized bed, and even a workstation to suit your lifestyle. The apartment also features a through the wall AC unit and a HUGE walk-in closet for all your storage needs.

140 East 56th Street is a post-war elevator building, with a live-in superintendent, central laundry facilities, and optional bike and private storage lockers (for rent). For added convenience, there is an onsite garage available (operated by a third party). The building is pet friendly and permits up to 1 dog per apartment. Washer/dryers are permitted with board approval.

This Midtown location offers easy access to an array of dining, shopping, and entertainment options, ensuring there's always something exciting to explore just moments from your doorstep. From biking to leisurely strolls in Central Park, immersing yourself in world-class museums, the vibrant energy of Midtown is right outside your door. This is an excellent opportunity for first-time buyers, those seeking a pied- -terre, or investors looking for a solid rental property with low monthly carrying costs right in the heart of Manhattan!

Call or email to schedule your appointment today!

Note: The listed property taxes do not reflect the condominium tax abatement benefit available for owners who reside in the unit as their primary residence. Property taxes with the tax abatement are 17. 5% lower (or approximately $687. 88 per month with the condo tax abatement).

Features

  • Town: New York
  • Cooling: Other
  • Levels: 16
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building In Basement
  • Year Built: 1956
  • Common Charge: $544 Monthly
  • Approx Sq. Feet: 488
  • View: Other
  • Pet Policy: Building Yes,No
  • MLS#: RLS20016044
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/RLS20016044/140e56thstreet_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens Residential Sales LLC   Phone: (212) 906-9234

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Sutton Place), NY, 10022

$595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,009 $3,127 $3,985
Total Monthly Payment $3,101 $3,219 $4,077

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.