Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
Full index →
Cooperative · 1938
2 Sutton Place South
2 Sutton Place South / 450 East 57th Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

2 Sutton Place South

2 Sutton Place South / 450 East 57th Street, New York, NY 10022

Sutton Place

BBL 1013680025 · BIN 1040470

At a glance
Year built
1938
Type
Cooperative
Units
131
Floors
21
Flip tax
2.5%, seller-paid
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

2BR median
$1.3M
Recent range
$375K – $2.9M
Listing discount
3.5%
Recorded transfers
133

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, "double-height Corinthian pilasters and spandrels of carved Renaissance decorations" at the porte-cochère, 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 — an architectural records-noted differentiator from 1 Sutton Place South.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

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.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$500 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Management & transfer contacts

Managing agent
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
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Mar 27, 20267F
2 BR · 2 BA
$1,160,000-3.3%
Aug 4, 202519F
3 BR · 3 BA
$2,700,000-14.3%
Jul 15, 202517F
1 BR · 1.5 BA · 1,190 sf
$1,650,000$1,387/sf-2.7%
Nov 18, 202414C
2 BR · 2 BA · 1,365 sf
$2,100,000$1,538/sf-2.3%
Sep 30, 20249F
2 BR · 2 BA · 1,400 sf
$1,300,000$929/sf+0.0%
Sep 30, 20247A
3 BR · 2 BA · 2,300 sf
$2,100,000$913/sf-12.5%
Sep 6, 20245H
1 BA · 600 sf
$685,000$1,142/sf-1.4%
Apr 5, 20243A
3 BR · 2.5 BA
$1,995,000-9.3%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,114/sf across 1 sale. The building has traded as recently as 2026. 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.

12G+114%
$525,000 2004$850,000 2007$850,000 2010$1,125,000 2020
14A · 1,800 sf+45%
$1,375,000 ($764/sf) 2003$2,000,000 ($1,111/sf) 2009
14C · 1,365 sf+40%
$1,500,000 ($1,034/sf) 2021$2,100,000 ($1,538/sf) 2024
19D · 1,800 sf+32%
$2,250,000 ($1,250/sf) 2012$2,975,000 ($1,653/sf) 2016
12E+20%
$810,000 2004$975,000 2023

Other recent transfers

DateUnitPrice
Dec 8, 20098G$550,000
View all 133 recorded transfers, sortable

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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

Comparable buildings


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.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.

Preparing a board package for this building?

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.

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

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.