2 Sutton Place South
2 Sutton Place South / 450 East 57th Street, New York, NY 10022
BBL 1013680025 · BIN 1040470
- Year built
- 1938
- Type
- Cooperative
- Units
- 131
- Floors
- 21
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 50% of the purchase price
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $1.3M
- 7 qualifying sales
- Recent range
- $375K – $2.9M
- Listing discount
- 3.5%
- Recorded transfers
- 135
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 2 Sutton Place South would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
2 Sutton Place South is an Emery Roth & Sons Italian Renaissance commission distinguished by one of only two enclosed driveways on Sutton Place. The 1938 commission produced a 21-story 131-apartment cooperative with a porte-cochère, salmon-colored stone base, and a rooftop terrace garden accessible to all residents.
The Emery Roth & Sons Italian Renaissance composition sets the register — a mauve-veined stone two-story base, a porte-cochère framed by double-height Corinthian pilasters, and brick-faced upper floors trimmed with stone quoins and a course of inset geometric designs. Inside that envelope assembled a trophy cultural resident roster: Marilyn Monroe in the wake of her DiMaggio divorce in 1955-56, Consuelo Vanderbilt Balsan, the former Duchess of Marlborough, from the 1940s until her death in 1964, William Saroyan, Met Opera coloratura Mabel Garrison, and Michael Bloomberg and Susan Brown after their December 1976 marriage. Crowning the building is a rooftop garden accessible to all residents.
Architecture and building operations
The two-story base is clad in mauve-veined stone, with the entrance set within a recessed corner porte-cochère behind a stone balustrade. The porte-cochère carries double-height Corinthian pilasters and carved Renaissance spandrels. The brick-faced upper floors are plain apart from stone quoins and a course of inset geometric designs between the third and fourth floors.
The driveway, at the 57th Street corner, leads into a long lobby. The only other enclosed driveway on Sutton Place is at 1 Sutton Place South.
Operations: full-time doorman; attended lobby; full-service garage; rooftop terrace/garden that all residents may use; fitness center; central laundry; fireplaces in select units; porte-cochère driveway; some terraces/balconies. Pet friendly.
Policy framework
- Type: Cooperative — board interview required
- Pets: Allowed
- Pied-à-terre: Permitted
- Financing maximum: Up to 50% (one source); reported figures conflict — verify in offering plan
- Flip tax: 2.5%, seller-paid
- Subletting: Board approval required
- Trust, LLC, foreign buyers: Case-by-case; standard prewar pattern
- Post-closing liquidity: Substantial Sutton Place reserves customary
- Board interview: Required
The seller-paid 2.5% flip tax is structurally advantageous to buyers.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 2.5% if purchase price if owned for more than 18 months, 5% of purchase price if owned less than 18 months
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
12 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Messenger Fees | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move-out Fee | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Building Administrative Fee | Paid by Buyer | When At closing | Amount $100 | Refundable Non-refundable |
| Processing Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
| Building Administrative Fee | Paid by Shareholder | When At closing | Amount $100 | Refundable Non-refundable |
| Managing Agent's Fee | Paid by Shareholder | When At closing | Amount $900 (shareholder is an individual ) or $1000 (shareholder is an estate) | Refundable Not stated |
| New York Stamp TaxPer share | Paid by Shareholder | When At closing | Amount Equal to $0.05 per share | Refundable Non-refundable |
| Fidelifacts Report, See Ordering Procedures and Wire Instructions in Purchase PackageConditional · Per applicantFor Applicant and Adult OccupantRequired | Paid by Buyer | When With the application | Amount $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $2,500 | Refundable Refundable |
| Move-out Deposit | Paid by Seller | When With the application | Amount $2,500 | Refundable Refundable |
Sublet
10 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Shareholder | When With the application | Amount $1,000 | Refundable Non-refundable |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $500 | Refundable Not stated |
| Move-In FeeConditionalConditions: If applicable | Paid by Subtenant | When With the application | Amount $1,000 | Refundable Non-refundable |
| Administrative Fee | Paid by Shareholder | When Upon approval | Amount $100 | Refundable Not stated |
| Monthly Sublet FeeRecurring | Paid by Shareholder | When Upon approval | Amount 20% of annual maintenance or 10% of the annual rent, whichever is higher | Refundable Not stated |
| Administrative Fee | Paid by Subtenant | When Upon approval | Amount $100 | Refundable Not stated |
| Fidelifacts Report, See Ordering Procedures and Wire Instructions in Sublease PackageConditional · Per applicantFor Applicant and Adult OccupantRequired | Paid by Subtenant | When With the application | Amount $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Deposit | Paid by Shareholder | When With the application | Amount $2,500 | Refundable Refundable |
| Move-In Deposit | Paid by Subtenant | When With the application | Amount $2,500 | Refundable Refundable |
| Security DepositAt the end of the sublease termRequired | Paid by Shareholder | When Upon approval | Amount Three months of maintenance | Refundable Refundable |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Messenger Fee | Paid by Buyer | When With the application | Amount $35 | Refundable Not stated |
| Processing Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 50% of the purchase priceSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Not verified
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of September 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $762 per room a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.43 per square foot a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, roof deck, garage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
Management & transfer contacts
- Flip tax
- 2.5% of purchase price (owned >18 mo) / 5% (owned <18 mo)
- Sublet policy
- Monthly sublet fee 20% of annual maintenance or 10% of annual rent (higher); security deposit 3 months maintenance
- Notable fees
- Max financing 50%; move-in/out $1,000 + $2,500 deposit; managing agent $900
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 10, 2026 | 6G | 1 BR · 1 BA | $710,000 | +0.0% | |
| Jul 29, 2026 | 11B | 1 BR · 1 BA · 830 sf | $935,000 | $1,127/sf | -5.1% |
| Mar 27, 2026 | 7F | 2 BR · 2 BA | $1,160,000 | -3.3% | |
| Aug 4, 2025 | 19F | 3 BR · 3 BA | $2,700,000 | -14.3% | |
| Jul 15, 2025 | 17F | 1 BR · 1.5 BA · 1,190 sf | $1,650,000 | $1,387/sf | -2.7% |
| Nov 18, 2024 | 14C | 2 BR · 2 BA · 1,365 sf | $2,100,000 | $1,538/sf | -2.3% |
| Sep 30, 2024 | 7A | 3 BR · 2 BA · 2,300 sf | $2,100,000 | $913/sf | -12.5% |
| Sep 30, 2024 | 9F | 2 BR · 2 BA · 1,400 sf | $1,300,000 | $929/sf | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,065/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 4.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Dec 8, 2009 | 8G | $550,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01368-0025). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 2 Sutton Place South and nearby.
At the recent median sale of $1.41M (6 transfers in the past 24 months, since October 19, 2024), a buyer putting 25% down would pay about $27,869 to close, or 2.0% of the price.
- Mansion tax: $14,050
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,819
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Notable residents
The trophy cultural resident roster at 2 Sutton Place South:
- Marilyn Monroe — post-Joe DiMaggio divorce, 1955-56. Barbara Leaming's Marilyn Monroe: A Biography: "On the morning of February 25, 1956, a limousine pulled away from 2 Sutton Place South. Marilyn, a dark mink coat slung over her shoulders, was on her way to the airport" — to film Bus Stop. Monroe and Arthur Miller did NOT marry in the apartment; they wed at the Westchester County Courthouse, June 29, 1956, then moved around the corner to 444 East 57th Street.
- Consuelo Vanderbilt Balsan — former Duchess of Marlborough; lived here from the 1940s until her death December 6, 1964, at 88
- William Saroyan — playwright; leased a penthouse with bride Carol Grace in 1943
- Rose Franken — playwright; husband William Brown Meloney
- Mabel Garrison — Metropolitan Opera coloratura
- Michael Bloomberg and Susan Brown — after their December 15, 1976 marriage, "lived first at 2 Sutton Place South on the East Side, then moved to Armonk in suburban Westchester in the mid-1980s" (Joyce Purnick, Mike Bloomberg, Money, Power, Politics)
What to know if you’re buying
The Emery Roth & Sons Italian Renaissance composition with porte-cochère. One of only two enclosed driveways on Sutton Place.
The rooftop garden accessible to all residents is structurally distinguishing.
The seller-paid 2.5% flip tax is structurally advantageous to buyers.
The Marilyn Monroe residency in 1955-56 is the building's most-cited cultural anchor. February 25, 1956 limousine departure to film Bus Stop is well-documented.
The 21-story scale and 131-apartment configuration support comprehensive operational infrastructure.
Comparable buildings
- 1 Sutton Place South — Cross & Cross 1927 / Candela trophy peer
- 25 Sutton Place South (Cannon Point North) — Resnick & Green 1959; nearby Sutton Place peer
- 45 Sutton Place South (Cannon Point South) — Resnick & Green 1958; nearby Sutton Place peer
- 1 Beekman Place — Sloan & Robertson 1929; nearby Beekman trophy peer
- 400 East 56th Street (Plaza 400) — Birnbaum 1968; nearby Sutton Place peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More Sutton Place buildings
- 1 Sutton Place South — 1927 co-op by Cross & Cross
- 2 Beekman Place — 1931 co-op by Rosario Candela
- 2 Sutton Place (4 Sutton Place / 465 East 57th Street) — 1928 co-op by Rosario Candela
- 12 Beekman Place — 1957 co-op by H.I. Feldman
- 14 Sutton Place South — 1929 co-op by Rosario Candela
- 16 Sutton Place — 1960 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 2 Sutton Place South?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com