Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Apartment 403-405 E 56th St
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
403-405 E 56th St Property Overview
| Building Address: | 403-405 E 56th St, New York NY 10022 |
| Building Name: | Sutton Town House |
| Zip Code: | 10022 |
| Neighborhood: | Sutton Place |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1961 |
| Building Class: | B |
403-405 E 56th Street, located in the prestigious Sutton Place area of Manhattan, NYC, is part of a larger building at 405 East 56th Street. This 13-story building was constructed in 1961 and hosts 173 units across its floors, offering stunning views of the East River due to its proximity to the FDR Drive.
Sutton Place is known for its quiet and peaceful ambiance, contrasting with the bustling Midtown East area just a block away. The building's residents benefit from its proximity to high-end shopping destinations like Chanel and Burberry, as well as iconic department stores such as Bloomingdales and Bergdorf Goodman.
The building was altered in 1982, enhancing its features while maintaining its Elevator Apartment - Fireproof with Stores classification (D6). Despite its upscale neighborhood, the building has experienced multiple housing issues, including maintenance code complaints and violations.
403-405 E 56th St, Manhattan, NYC
403-405 E 56th St comprises two addresses located in the Sutton Place and Midtown East neighborhoods of Manhattan, New York City.
Building Overview
- Built in 1961
- 13-story midrise rental building
- 173 residential units
- Approximately 160,264 square feet of building space
Amenities & Features
- Full-time doorman
- Elevator access
- Pet-friendly policies
- Live-in superintendent
- Hardwood floors in units
- Dishwashers in units
- On-site full-service garage
- Bike room and common storage
- Laundry facilities in building
- Video security system
Location & Neighborhood
Situated between First Avenue and Sutton Place South, the property offers serene views overlooking the East River and convenient access to the FDR Drive. The area is characterized by a quiet residential environment contrasting Midtown East's bustling atmosphere, with nearby luxury residential buildings such as The Plaza 400 and Sutton Town House.
- Full-time doorman
- Live-in superintendent
- Full-service garage
- Elevators (3)
- Laundry facilities
- Bike room
- Common storage
- Controlled access
- Maintenance on site
- Property manager on site
- Video security
403-405 E 56th St, Manhattan, NYC - Office Tenants Rental Status
The building located at 403-405 E 56th St, Manhattan, is primarily residential, housing a mix of apartments.
Details about office tenants are not readily available, as the property is mainly known for its residential units. It is a 13-story building with 173 units, situated in the Sutton Place neighborhood.
The property includes amenities such as a full-time doorman, live-in super, and garage, but specific information on office rentals is limited.
Internet providers available at 403-405 E 56th St, Manhattan, NYC, include:
Verizon: Offers high-speed fiber-optic internet with speeds ranging from 300 Mbps to 2 Gbps. Verizon's Fios service is renowned for its reliability and excellent customer service.
Astound Broadband Powered by RCN: Provides both cable and fiber internet services with unlimited data. It is noted for its competitive pricing and expanding fiber coverage.
Spectrum: Offers cable internet with speeds up to 1 Gbps. Spectrum plans start at $30 per month and can be bundled with TV and phone services.
T-Mobile Fiber: Though not explicitly confirmed for this address, T-Mobile Fiber has substantial coverage in Manhattan.
403-405 East 56th Street, located in the Sutton Place neighborhood of Manhattan, offers convenient access to several transportation options. The closest subway stations include the 59th Street station and the 53rd Street station on Lexington Avenue, with lines such as the E, M, and 6 trains. Additionally, there are bus routes available, including the M31 line along East 57th Street. The cross streets for this location are between First Avenue and Sutton Place South.
- The Ad Council leased 24,368 SF at 815 Second Ave
- Banco Bradesco leased 21,822 SF at 450 Park Avenue
- Glendower Capital leased 21,028 SF at 410 Park Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Jay Suites leased 18,989 SF at 369 Lexington Ave
- Levin Capital Strategies leased 18,967 SF at 595 Madison Ave
- SAC Capital leased 16,786 SF at 540 Madison Ave
- Donnelley Financial Soluti… leased 16,750 SF at 140 East 45th St
- Northwell Health leased 16,720 SF at 130 East 59th Street
- NADAP leased 16,000 SF at 355 Lexington Avenue
- Taco Dumbo, Omakasa leased 2,407 SF at 237 Park Avenue
- Camper leased 2,380 SF at 635 Madison Ave
- Balade Your Way leased 2,373 SF at 641 Lexington Avenue
- ViVa Events and Catering leased 2,000 SF at 222 East 58th Street
- Oscar de la Renta leased 2,000 SF at 772 Madison Ave
- Ribot leased 2,000 SF at 780 Third Ave
- Columbia Organic Holdings leased 1,900 SF at 19 West 44th St
- Mephisto leased 1,854 SF at 488 Madison Avenue
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service