Sutton Gardens

420 East 55th Street

New York, NY 10022
co-op
back to properties
1 rental 5 sales
About
Sutton Gardens in the Heart of Sutton Place! Sutton Gardens is comprised of two buildings, a north and a south building separated by a common garden This is a post-War building, Built 1956. Converted to Co-operative in 1986; Mid-rise; 12 Floors; 237 Apartments. Building Features: 24/7 Doorman Garage; Garden; Laundry Room; Common Storage Room
applications
property contacts

confirm to continue

questionnaires

Have a questionnaire completed by property management.

documents
additional resources
building policies

general policies

Pets Allowed
Pet friendly building- Any breed accepted and Board may request interview for pet.
Guarantors Allowed
Considered on a case by case basis-must provide full financial statement with back up.
Subletting Allowed
Shareholders must own their apartment for at least 2 years prior to subletting. All leases are to be for a 1 year term only. Arrears must be paid in full before a sublet is presented to the board.
Pied-a-terre Allowed
Considered on a case by case basis.

insurance requirements

Homeowner's Insurance Required
Renter's Insurance Required

additional building information

Trusts are allowed on a case by case basis-Review conducted by the Coop's Counsel at the shareholder's expense.

Transfer permitted to spouse, adult siblings and parents without Board approval.

Non-purchaser occupancy:  If an apartment is being purchased with the intent to have it occupied by someone other than the purchaser(s), the occupant(s) must submit a full package.
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Additional Processing Fee (Non-Refundable) Submission $200 for any application that has more than one (1) Co-Applicant or more than one (1) Financial Statement Form
Buyer Application Processing Fee (Non-Refundable) Submission $725
Buyer Credit Check Fee (Non-Refundable, (Required)) Submission $150 Per Adult Occupant
Buyer Move In Fee (Non-Refundable) Submission $200
Shareholder Move Out Fee (Non-Refundable) Submission $200
Buyer Power of Attorney Review Fee (if applicable) Closing $150 (If applicable)
Buyer Recognition Agreement Fee (Non-Refundable) (If Financing) Closing $325 (if applicable)
Shareholder Closing Fee (Non-Refundable) Closing $750
Shareholder New York State Stamp Tax (Non-Refundable, (Required)) Closing $__ Equal to $0.05/share

co-op sublet

payor fee due upon amount
Subtenant Additional Processing Fee (Non-Refundable) Submission $200 for any application that has more than one (1) Co-Applicant or more than one (1) Financial Statement Form
Subtenant Application Processing Fee (Non-Refundable) Submission $575
Subtenant Credit Check Fee (Non-Refundable, (Required)) Submission $150 Per Applicant (All prospective adult residents of the apartment, whether they are a listed Subtenant or not, will be required to have both credit and background checks completed and submitted to the Board for review)
Subtenant Move In Fee (Non-Refundable) Submission $200
Subtenant Move Out Fee (Non-Refundable) Submission $200
Shareholder Sublease Fee (Non-Refundable, (Required)) Upon Approval $__ Equal to 10% of the monthly maintenance per month

less refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $400

more refinance

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $500
Shareholder Credit Check Fee (Non-Refundable, (Required)) Submission $150 per applicant

sublet renewal

payor fee due upon amount
Shareholder Application Processing Fee (Non-Refundable) Submission $225
Shareholder Sublease Fee (Non-Refundable) Upon Approval $__ Equal to 10% of the monthly maintenance billed monthly
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale		 Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration		 Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)

For more detailed information, please see our Pricing page.

All property information and documentation provided by property management.
10/21/25
Total Fees: 985