- Year built
- 1929
- Type
- Cooperative
- Units
- 102
- Floors
- 10
- Landmark
- No
- Pets
- Small pets only per listing records (some listings note dog restrictions) — verify current policy with management
- Subletting
- Permitted after one year of ownership per listing records — verify current terms with the managing agent
- Pied-à-terre
- Allowed
- Financing
- Approximately 80 percent maximum per listing records — confirm with the managing agent at offer stage
- Flip tax
- Not documented in public records — confirm with the managing agent at offer stage
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $667
- Listing discount
- 6.7%
- Recorded sales
- 16
- On record
- 2004–2025
339 East 58th Street is the rare Sutton Place-corner co-op where the architecture outpaces the price. Built in 1929 during the late-1920s Sutton building boom, the ten-story prewar building carries genuinely ornate detailing — baroque brickwork, decorative stone eagles and gargoyles, a canopied and landscaped entrance, and decorative fireplaces in many apartments — that reads as a step above its entry-tier pricing. It sits on East 58th between First and Second Avenues, one block south of the Queensboro Bridge approach and a short walk from the East River enclaves that give Sutton Place its trophy reputation, yet it trades well below the Sutton Place average because it competes on character and value rather than address prestige.
The policy framework is buyer-friendly for a prewar co-op. Per listing records the building permits pieds-à-terre, subletting after just one year of ownership, and approximately 80 percent financing, with co-purchasing, guarantors, and gifting all allowed. That combination — prewar detailing, a full-time doorman, and a flexible policy stack — makes the building unusually accessible for the Sutton corner, and it opens the buyer pool to first-time buyers, parent-purchasers, and pied-à-terre buyers who would be screened out by the neighborhood's stricter prewar boards.
The value proposition is the headline. Where Sutton Place proper prices at a substantial premium per square foot, this building trades in the entry-to-mid band of the Midtown East cooperative market, offering a full-service prewar apartment with real architectural character at a fraction of the East River trophy pricing a few blocks away. For buyers who want prewar bones and a doorman without a Sutton Place budget, it is a structural option worth knowing.
Architecture and unit composition
339 East 58th runs ten stories of ornate prewar brown brick, distinguished by baroque brickwork, decorative stone eagles and gargoyles, and a canopied entrance set behind sidewalk landscaping — detailing that stands out on a block of plainer neighbors and marks the building as a product of the neighborhood's ambitious late-1920s development period. The inventory is predominantly studios and one-bedrooms, with a set of combined two-bedrooms and a top-floor penthouse carrying a large wraparound terrace. Many apartments retain decorative fireplaces and the room proportions that make prewar apartments renovate well. The building runs on through-wall or window air conditioning rather than central systems.
Building operations
This is a staffed, full-service co-op: a full-time doorman, a live-in superintendent and porter, an elevator, central laundry, a courtyard garden, a bike room, and private storage. There is no on-site garage or fitness center. The offering plan, proprietary lease, and by-laws are on file in The Roebling Research Library and available to clients during diligence.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 27, 2025 | 10CD | 2 BR · 2 BA | $675,000 | -3.4% | |
| May 14, 2025 | 5A | 1 BR · 1 BA · 825 sf | $550,000 | $667/sf | off-mkt |
| Dec 11, 2019 | PHAB | 2 BR · 2 BA · 1,200 sf | $1,525,000 | $1,271/sf | -15.3% |
| Aug 7, 2018 | 1A | 1 BR · 1 BA · 1,100 sf | $655,000 | $595/sf | -6.3% |
| Jul 1, 2016 | 4A | 1 BR · 876 sf | $620,000 | $708/sf | -10.0% |
| Dec 29, 2014 | 7CD | 2 BR | $1,275,000 | -8.6% | |
| Oct 16, 2014 | PHAB | 2 BR · 2 BA · 1,200 sf | $1,750,000 | $1,458/sf | -2.8% |
| Sep 16, 2014 | 3D | 1 BR · 800 sf | $560,000 | $700/sf | -10.4% |
Market read. Most recent trades (2025) cleared a median $667/sf across 1 sale. Median listing discount 6.7% 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 |
|---|---|---|
| Oct 1, 2024 | 10AB | $606,250 |
| Oct 6, 2008 | 10EF | $579,000 |
| Feb 8, 2005 | 1D | $525,000 |
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 1-01351-0017) 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.
What to know if you’re buying
You are buying prewar character at value pricing. The ornate detailing, decorative fireplaces, and full-service package are the draw; the price sits well below the Sutton Place average a few blocks east. That gap is the reason to look here.
The policy stack is flexible for a prewar co-op. Pied-à-terre, subletting after one year, and roughly 80 percent financing — per listing records — widen the buyer pool beyond the owner-occupant norm. Verify each in current form before offering.
Confirm the pet policy. Listing records indicate small pets only, with some noting dog restrictions. If a pet is part of your plan, confirm the current rule with management before committing diligence.
Experience the block and the bridge approach. East 58th between First and Second is residential, but the Queensboro Bridge approach is one block north. Walk it at rush hour before choosing a north-facing line.
Run the board math early. The Co-op Board Qualification Calculator is the right first step.
What to know if you’re selling
Lead with the architecture and the value gap. The baroque brickwork, gargoyles, fireplaces, and doorman service — priced well under Sutton Place — is a distinctive story. Put both halves of it first.
The flexible policies widen your pool. Pied-à-terre and one-year sublet permissions reach buyers that stricter prewar co-ops miss. State the framework plainly in marketing.
Condition and outdoor space drive the spread. Renovated-versus-original and terrace-versus-none are the pricing axes. The Renovation Cost Calculator frames the first for buyers.
Comparable buildings
If you're considering 339 East 58th Street, also evaluate:
- 209 East 56th Street — full-service Midtown East co-op nearby; the postwar alternative
- 333 East 55th Street — Midtown East co-op with comparable inventory
- 425 East 58th Street — East River-facing Sutton co-op on the same street
- 430 East 58th Street — Sutton-corner co-op nearby
- Sutton Place's East River trophy co-ops — the waterfront register a few blocks east sets the corridor's premium
The Roebling Team at No distinct common name
The Roebling Team at Compass works Sutton Place and the broader Midtown East corridor as a core practice area. We publish this building profile because 339 East 58th Street buyers and sellers deserve building-specific intelligence — architecture, policy framework, and corridor-level comparables — not generic neighborhood commentary.
If you're considering a transaction at 339 East 58th Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
Get the full picture on this building.
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