574 E 56th St

This Property At A Glance

In Sutton Place

574 E 56th St is located in Sutton Place, a neighborhood in Other.

Wealthy Area

The median income in this area is $128,226, which is higher than typical for Manhattan.

574 E 56th St is a building in Manhattan's Sutton Place.

The typical wait time for a taxi at 574 E 56th St is 3 minutes.

As for the demographics around 574 E 56th St, the median age is 57, 54% of residents are married, and 7% of residents have at least one child. The median individual full-time income is about $128,226 and about 36% of adults here have a bachelor's degree or higher.

Regarding weather, the average summer temperature is 76.5°F, while the average winter temperature is 32.6°F. The average annual rainfall is 49.9 inches and the average annual snowfall is 25.8 inches.

Financial

Value Estimate*

$6,250,000
$3,750,000
$8,750,000
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

91% higher than the national average

Housing costs

97% higher than the national average

Food & Beverage costs

76% higher than the national average

Transportation costs

72% higher than the national average

Apparel costs

96% higher than the national average

Entertainment costs

96% higher than the national average

Utility costs

64% higher than the national average

Healthcare costs

71% higher than the national average

Insurance costs

134% higher than the national average

Tobacco costs

31% higher than the national average

Income

The median household income in this area is
$145,335
Per year
The median full-time individual income in this area is
$128,226
Per year

Rent vs. Own

The percent of households occupied by renters is
4%
The percent of households occupied by owners is
95%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$519,103

Transportation

Taxi Stats

The typical wait time for a taxi is
3
minutes at East 57th Street and Sutton Place
In a typical hour
42
available taxis pass by East 57th Street and Sutton Place
In a typical hour
6
taxis pick up passengers at East 57th Street and Sutton Place
In a typical hour
5
taxis drop off passengers at East 57th Street and Sutton Place

Commute Stats

The common time to leave for work in this neighborhood is
8:00 AM to 8:29 AM
The most common way to commute in this neighborhood is
Walked
The percent of households with at least one car in this area is
58%

Your Commute Times

Demographics

Census at a Glance

The median age is
58
Years Old

Upgrade to see detailed census data

Is the neighborhood around this building filled with the post-college party crowd, overrun with young parents and strollers, or more senior-friendly? Is it a wealthier area, an up-and-coming neighborhood, or a bit on the grittier side?

The most common education level in this area is
Bachelor's Degree
Households with children are
7%
of all households in this area
The percent of people in this area who are married is
54%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
76°F
The average rainfall in this area is
50
inches annually
The average snow in this area is
26
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
severe
Risk of tornadoes
in this area is
low
Risk of hailstorms
in this area is
mild
Risk of windstorms
in this area is
high

Flood Zone Map

Flood Zones

Low Risk High Risk