342 East 53rd Street
342 East 53rd Street, New York, NY 10022
BBL 1013450031 · BIN 1039804
- Year built
- 1958
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $626K
- Recent range
- $350K – $895K
- Listing discount
- 2.0%
- Recorded transfers
- 74
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 342 East 53rd Street 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.
342 East 53rd Street is a mid-century co-op in the eastern reach of Turtle Bay — the quiet stretch of Midtown East between First and Second Avenues, near Sutton Place and the United Nations, where side-street apartment houses give the neighborhood its residential calm. Converted to cooperative ownership in 1984, the seven-story building has settled into the role its block plays best: an established, pet-friendly co-op address with a landscaped courtyard garden, a well-kept lobby, and attainable entry price points in a genuinely central location.
The building's appeal is its combination of a leafy, low-key setting and co-op stability, a short walk from the East Side's transit and employment spine. For buyers who want an owner-occupied home in a stable building rather than a corporate-feeling rental or a glass tower — and who value the eastern Turtle Bay quiet — 342 East 53rd sits squarely in the target. Note that this building is distinct from the individually landmarked pair of 19th-century houses at 312 and 314 East 53rd Street a short distance west; 342 is a separate, larger, later apartment house.
Architecture and unit composition
The building presents the mid-century masonry vocabulary of its 1958 vintage — a canopied entrance, lush sidewalk landscaping, and a recently renovated lobby and hallways. Behind the façade, the roughly 50 to 51 residences run from studios through two-bedrooms, arranged several to a floor around a landscaped interior courtyard. As at any cooperative of this age, individual homes reflect decades of owner renovation, so condition and configuration are unit-specific.
Building operations
342 East 53rd Street runs as a managed cooperative with a live-in superintendent handling day-to-day operations, a voice-intercom (virtual) doorman system rather than a staffed lobby, a bike room, a central laundry room, and a landscaped courtyard patio garden. The building is pet-friendly and 100 percent shareholder-owned. As a cooperative, purchases are subject to board review and approval, and the building's governing documents set the framework: a 20 percent minimum down payment, no flip tax reported, pieds-à-terre permitted, and subletting permitted after two years of ownership with board approval and a liability-insurance certificate naming the co-op. Co-purchasing, gifting, and guarantors have generally been allowed. We obtain current building financials and house rules from the managing agent for clients at offer stage.
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 record last verified September 2026.
Management & transfer contacts
- Sublet policy
- Allowed; short-term rentals/AirBnB not allowed
- Pied-à-terre
- Allowed (case by case)
- Notable fees
- Application fee $450; credit check $125/applicant; move-in/out deposits $250 each; max financing 75%
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 |
|---|---|---|---|---|---|
| Jun 18, 2026 | 2GH | 2 BR · 2 BA · 1,100 sf | $875,000 | $795/sf | -2.2% |
| Feb 5, 2025 | 0B | 1 BR · 1 BA · 570 sf | $535,000 | $939/sf | -1.8% |
| Jan 7, 2025 | 5G | 1 BA | $365,000 | -3.7% | |
| Oct 24, 2024 | 4C | 1 BA | $370,000 | -1.3% | |
| Aug 6, 2024 | 5H | 1 BR · 1 BA · 800 sf | $639,000 | $799/sf | -1.4% |
| Aug 2, 2023 | 2C | 1 BA | $350,000 | +0.0% | |
| Jul 26, 2023 | 4B | 1 BA | $376,000 | -3.3% | |
| Jul 7, 2023 | 2A | 1 BR · 1 BA · 800 sf | $626,000 | $783/sf | +8.9% |
Market read. Most recent trades (2026) cleared a median $813/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 3.2% 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.
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 1-01345-0031). 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.
At the recent median sale of $535K (4 transfers since 2024), a buyer putting 25% down would pay about $10,556 to close, or 2.0% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,556
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
This is a cooperative, so the purchase runs through a board: a full financial and personal package followed by an interview, with the building's financing and residency requirements set by its governing documents — including the 20 percent minimum down. The absence of a flip tax and the day-one pied-à-terre allowance are genuine flexibilities relative to stricter co-ops; the two-year sublet wait is the constraint to plan around. Beyond board posture, value here is driven by the home — layout, exposure, floor, and renovation quality — and by the building's courtyard setting and central Turtle Bay location. Run the True Monthly Carrying Cost Calculator to compare the co-op carry against the neighborhood's alternatives.
What to know if you’re selling
The selling case is a stable, financially sound co-op with a landscaped courtyard garden in a quiet, central Turtle Bay location — with no flip tax and a pied-à-terre allowance that widen the buyer pool. The buyer pool is owner-occupants and pied-à-terre buyers who value the neighborhood's residential calm and the building's stability. Presentation and board-readiness drive outcomes: a well-renovated, well-staged home that will clear the board cleanly commands the premium. Pricing belongs against the comparable Midtown East co-op set, with layout and condition carrying real weight in the number.
Comparable buildings
If you're considering 342 East 53rd Street, also evaluate nearby Midtown East cooperative inventory:
- 347 East 53rd Street — Turtle Bay cooperative on the same block
- 310 East 53rd Street — Midtown East cooperative nearby
- 250 East 53rd Street — full-service Midtown East building
- 345 East 52nd Street — Turtle Bay cooperative a block south
- 226 East 52nd Street — Midtown East cooperative nearby
More Midtown East buildings
- 326 East 49th Street — 1962 condominium
- 333 East 43rd Street (The Manor) — 1927 co-op
- 335 East 51st Street (The Senate East) — 1963 condominium
- 343 East 50th Street (M at Beekman) — 1900 condominium
- 345 East 52nd Street — 1959 co-op by Leo Stillman
- 349 East 49th Street (Beekman Court) — 1940 co-op by Jacob M. Felson
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 342 East 53rd Street?
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