THE CONDO BOOK PROJECT

Sutton Tower at 430 East 58th Street: What the Offering Plan Says About Finishes, Amenities and Costs

Updated · 7 min read

Sutton Tower at 430 East 58th Street is a 121-unit condo tower in Sutton Place with Wolf, Sub-Zero and Waterworks finishes and amenity floors that include an indoor pool. Its offering plan budgets a non-union staff, a contracted lifeguard service and a resident manager's apartment the condo buys from the sponsor.

In brief: Sutton Tower is a 121-apartment condo tower at 430 East 58th Street in Sutton Place, with 65 floors above grade and homes from one-bedrooms to a five-bedroom duplex penthouse. The offering plan specifies Wolf and Sub-Zero kitchens, Toto and Waterworks baths and solid oak floors, plus amenity floors with an indoor pool, spa and sports simulator. What stands out in the fine print: a non-union staff, a lifeguard service budgeted at roughly $277,000 a year, and a resident manager's apartment the condo buys from the sponsor.

What's Specific to It

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.)

At a Glance

Finishes

Everything below is listed "subject to Sponsor's right to make substitutions," the standard clause that lets a developer swap in an equal product. Treat brands as the plan's spec, not a guarantee.

Kitchen

Baths

Floors, Windows and Fireplaces

Laundry, Heating and Cooling

For how these brands compare with other buildings, see bathroom brands in NYC luxury condos and NYC condo finishes since 2010.

Amenities

The plan places the residents' amenity spaces on the 3rd, 5th, 6th and 7th floors, plus a landscaped rear courtyard. The list includes:

Good to know: the plan makes no promise that any amenity keeps running, and hours and services can change at the board's discretion. It also warns that some amenities may not be ready until after the first closings. For how this list stacks up, see NYC condo amenities by building size.

Staffing and Services

Tip: payroll is the single biggest line in the budget, at roughly 37% of operating costs. Our guide to what a doorman costs in an NYC condo puts that in context.

What It Costs to Run

The sponsor's first-year budget (July 2023 to June 2024) comes to about $4.07 million, nearly all of it paid through residential common charges. Estimated charges in Schedule A run from roughly $1,500 a month for the smallest homes to about $13,000 for the top penthouse. The big lines:

Budget lineFirst-year estimate
Payroll (building staff)about $1.44 million
Common-area electricityabout $890,000
Insuranceabout $290,000
Lifeguard serviceabout $277,000
Gas (heat, hot water, cooking, fireplaces)about $223,000
Management feeabout $100,000
Window washing (twice a year)about $80,000

Compare with other buildings on our common charge benchmarks and operating expense benchmarks, or read why NYC condo operating costs differ.

Fine Print Worth Knowing

Who's Behind It

Common Questions

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.