Heinz heiress’ 1 Sutton Place manse in contract

The last listing price was $18.5M, down from the original listing price of $21M

TRD New York /
Feb.February 21, 2019 12:10 PM

1 Sutton Place

The historic 1920s townhouse, built for a Vanderbilt and owned by a Heinz heiress, now has a buyer.

The six bedroom Georgian-style mansion at 1 Sutton Place is now in contract. The last listing price was $18.5 million, a 12 percent discount from its original listing price of $21 million in September.

Spanning 7,000 square feet over five stories, the mansion has views over the East River, a 32-foot high drawing room, and access to a garden maintained by the the Sutton Square Garden Association.

The building was listed for sale by the estate of Drue Heinz, wife of the late Henry John Heinz II, who was heir to the Heinz family fortune. Drue Heinz died aged 103 in April. The property is owned by a trust established in 1986.

The townhouse, tucked under the Queensboro bridge at the corner of East 57th Street and Sutton Place, was originally designed for Anne Vanderbilt, the wife of railroad heir William Vanderbilt. At one time it was also owned by Charles Merrill, the co-founder of Merrill Lynch, according to the Wall Street Journal.

Mary Kent of Sotheby’s International Realty had the listing.

Related Articles

From left: the Ritz-Carlton, 32 East 1st Street, 560 West 24th Street, 301 East 80th Street and 32 West 85th Street

Five priciest homes new to market include 1897 townhouse

Ed Gilligan and 3 East 94th Street (Credit: Getty Images, Compass)

Don’t leave home without $21M: Amex exec’s widow sells townhouse

From left: Jed Wilder, Bess Freedman, Richard Grossman, Josh Sarnell and Adam Mahfouda (Credit: Emily Assiran) 

Agents to StreetEasy: The fee is too damn high

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law