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Another East Side Rental Building Headed for Condo Conversion?

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It's a slow Monday afternoon in July and our inbox is a desolate place, so let's throw some rumors out there. Buildings have been going condo all over the place lately, and a tipster tells us the next one up for conversion might be 400 East 58th Street. The rental building has 124 units, and we see a few rentals in the building currently on the market, from a studio for $2,200/month to a 2BR asking $3,900/month. According to our tipster, 400 East 58th Street will be sold with another, unidentified building. Given the Sutton Place-ish location of #400, reconfigured condos in the building might actually fetch some decent prices. Anyone got any other intel?
&183; Listings: 400 East 58th Street [David Frankel Realty]
· 400 East 58th Street [StreetEasy]
· Conversions coverage [Curbed]