430 East 58th Condominium (Sutton Tower)

The Building

Fine Print

What's Specific to It

• A staffed pool. The first-year budget carries about $277,000 for an outside "amenity service provider" (lifeguard), on top of the building's own payroll.
• Non-union staff. The plan says the building staff will be non-union, a mix of full- and part-time employees, with payroll of about $1.44 million in year one.
• The condo buys an apartment. Unit 15B is slated to become the resident manager's home, bought by the condo for about $4.25 million and paid off as each buyer closes and contributes a share.
• Built for wind. A tuned mass damper sits at the roof, and the elevators are programmed to slow or pause if building sway passes set levels.
• Private elevator landings up top. Units on floors 47, 48, 70-72, 76-78 and 80-81 get direct elevator access, controlled by key card or the concierge desk.
• Licensed cellar space. The cellar has 37 storage bins and 6 wine rooms, each rented to owners by monthly license rather than sold.

You'll find photos and floor plans on any listing site. The Sutton Tower offering plan, the condo plan the sponsor filed with the New York Attorney General, goes further: it names appliance models, staffing, what each amenity is, and how the building expects to spend its money. Here's what's in it, in plain English. (New to these documents? Start with what a condo offering plan is.)

Fine Print Worth Knowing

• The resident manager's apartment. The sponsor will sell a unit, currently planned as 15B, to the condo for about $4.25 million. The board pays through a non-interest note to the sponsor, and each buyer chips in a proportionate share at closing. The sponsor can pick a different unit, but not at a higher price per square foot.
• Licenses, not deeds. Storage bins and wine rooms are licensed monthly, and the board can raise the fees in later budgets.
• No parking. The plan says no garage is provided, so plan on a nearby garage if you drive. Our guide on how NYC condo parking is sold, licensed or leased explains the usual options.
• Sway and machinery. The tower uses a tuned mass damper and sway-aware elevators. The plan also warns that homes near mechanical floors or the roof may notice equipment noise or vibration.
• Sponsor control. For up to five years after the first closing (or until unsold units fall below 25% of the common interest), the sponsor can veto certain board spending.

FAQ

Is the staff at Sutton Tower union?

No. The offering plan says the building staff will be non-union, a mix of full- and part-time employees, with the lobby attended around the clock once closings begin.

Does Sutton Tower have a pool?

Yes. The plan specifies an indoor pool of about 550 square feet and a separate spa on the 3rd floor, with lifeguards supplied by an outside company at roughly $277,000 a year in the first budget.

What are the common charges at Sutton Tower?

The sponsor's first-year projection runs from roughly $1,500 a month for the smallest homes to about $13,000 for the top penthouse, before real estate taxes, which are billed separately.

Is there parking or storage?

There's no garage, but the cellar has 37 storage bins and 6 wine rooms that owners can rent by monthly license, plus bike rooms in the cellar and on the first floor.

Where this comes from: the building's offering plan (CD210271), filed with the New York Attorney General, including its building description, Schedule A and Schedule B. Prices are the sponsor's offering prices, not sales, and budget figures are the sponsor's first-year projection. Updated October 2026.