$1,075,000

Residence 1B is a five-room, two-bedroom, two-bath home on the first floor of 14 Sutton Place South, a 1929 Rosario Candela building at the corner of Sutton Place South and East 56th Street. The apartment enters directly from the lobby and lives with the privacy and proportions of a house within a full-service building. The oversized living room anchors the home, with a wood-burning fireplace, beamed ceilings, crown moldings, and herringbone hardwood floors. These are details rendered with the depth and hand of the period rather than in reproduction or imitation. Across the foyer, the formal dining room leads to a large, windowed kitchen with a pantry, with the entertaining rooms grouped to one side of the plan and the bedrooms to the other. Both bedrooms are served by en-suite baths, and closets run deep throughout. The bedrooms sit apart from one another across the plan, so the layout flexes easily between primary use, guest use, and a dedicated work-from-home setup. Candela built 14 Sutton Place South in red brick over a rusticated limestone base in 1929, at the height of his career and of the neighborhood's transformation, begun by Effingham Sutton's townhouses in 1875 and completed when the Vanderbilts and Morgans arrived in the 1920s. His One Sutton Place South, designed for the Phipps family, stands directly across the street, so the address holds a rare distinction of a Candela building with a Candela view. Converted to cooperative ownership in 1957, the building rises 15 stories over 92 impeccably maintained residences. Residents are served by a 24-hour doorman, a resident manager, a fitness center, a rooftop garden terrace, a bike room, and central laundry. The expanded Sutton Place Park sits directly across the street, and Whole Foods, Trader Joe's, and the neighborhood's restaurants line First and Second Avenues nearby. Up to 50% financing is permitted and a 2.5% flip tax is paid by the purchaser. A private storage unit transfers with the apartment.