345 East 57th Street
345 East 57th Street, New York, NY 10022
Sutton Place
BBL 1013500020 · BIN 1040003
- Year built
- 1928
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $870K
- Recent range
- $700K – $3.2M
- Listing discount
- 2.7%
- Recorded transfers
- 67
345 East 57th Street is a quietly excellent example of the Sutton Place pre-war cooperative — a 1928 building by Schwartz & Gross, one of the prolific apartment-house firms of the period, designed with the intimacy that buyers in this enclave prize. With just four apartments per floor across sixteen stories, it is small enough to feel personal and full-service enough to deliver the staffing buyers expect: a full-time doorman, a live-in resident manager, private storage, and a central laundry.
For buyers, the case is the combination of era, scale, and policy. This is a genuine pre-war co-op in one of Manhattan's most established residential pockets, with a board posture that is more accommodating than many of its peers — pets are permitted, pied-à-terre and co-purchasing are allowed, and the building permits 75% financing. That flexibility, paired with classic Sutton Place layouts, makes 345 a practical pre-war option as well as a handsome one.
Architecture and unit composition
Schwartz & Gross gave 345 the dignified masonry vocabulary of the late 1920s — a sixteen-story pre-war facade detailed in the restrained, well-proportioned manner the firm was known for across the East and West Sides. The four-apartments-per-floor layout is the building's structural signature: it limits density, gives most homes two or more exposures, and produces the gracious entry galleries and well-separated rooms of the era.
The 60 apartments are pre-war in plan — high ceilings, hardwood floors, generous closets, and the formal room separations of 1928 construction — ranging from intimate homes to larger family-sized layouts, with full-floor and combined apartments and penthouse-level homes at the top of the building. As in any pre-war co-op, condition and exposure vary apartment to apartment, and the upper floors carry the best light over the surrounding low- and mid-rise blocks toward the East River.
Building operations
345 runs as a full-service cooperative: a full-time doorman, a live-in resident manager, a private storage room, and central laundry. The board's policies are notably buyer-friendly for a pre-war co-op — pets are welcome, pied-à-terre ownership and co-purchasing are permitted, and the building allows 75% financing, which broadens the buyer pool relative to the all-cash or low-financing posture of some neighbors. As a co-op, purchases proceed by share transfer through a board package and interview; buyers should review the building's sublet policy and any flip-tax provision as part of due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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.
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
- Flip tax
- 2% of gross sales price, split evenly between seller and purchaser
- Sublet policy
- Allowed; sublet fee 15% of annual maintenance after 2yrs, 25% thereafter
- Notable fees
- Buyer application $700; credit report $325/applicant; seller closing fee $850; move-in/out deposits $500 each
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 |
|---|---|---|---|---|---|
| Dec 17, 2025 | 8AB | 4 BR · 3.5 BA · 3,000 sf | $2,916,500 | $972/sf | -10.3% |
| Oct 30, 2025 | 2B | 2 BR · 1 BA · 1,100 sf | $775,000 | $705/sf | +0.0% |
| Sep 22, 2025 | 15B | 2 BR · 1 BA | $1,195,000 | +0.0% | |
| Apr 29, 2025 | 7D | 2 BR · 1 BA · 1,170 sf | $865,000 | $739/sf | +3.1% |
| Aug 20, 2024 | 16B | 2 BR · 1 BA | $775,000 | -2.5% | |
| Oct 24, 2023 | 4C | 1 BR · 1 BA | $700,000 | +0.1% | |
| Oct 18, 2023 | 12D | 2 BR · 1.5 BA | $875,000 | -2.7% | |
| Sep 27, 2023 | 11AB | 4 BR · 3.5 BA | $3,212,500 | -7.6% |
Market read. Most recent trades (2025) cleared a median $827/sf across 3 sales. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Nov 13, 2012 | 4C | $475,000 |
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 1-01350-0020) 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
The board posture is the headline. Permitted pets, pied-à-terre and co-purchasing, and 75% financing make this an unusually accessible pre-war co-op — a meaningful advantage for buyers who need financing or want a second residence. Within the building, the four-per-floor layout means most apartments enjoy multiple exposures; floor and light drive price, and renovated higher-floor homes command the premium. Sutton Place itself is the long-term draw: a quiet, residential enclave with the East River esplanade, the 57th Street shopping and dining corridor, and the Lexington Avenue and Second Avenue subways all within reach.
What to know if you’re selling
A resale here markets on the pre-war Schwartz & Gross architecture, the intimate four-per-floor scale, the full-service staffing, and — importantly — the accommodating board policies, which expand the buyer pool versus stricter neighbors. Benchmark to other pre-war Sutton and Beekman co-ops. Present the apartment to its board-package strengths and lean into the building's flexibility on financing and pied-à-terre, which is a genuine selling point to today's buyers. Co-op closing timelines run on the board calendar, so packaging and pricing that move the home to contract efficiently matter.
Comparable buildings
If you're considering 345 East 57th Street, also evaluate these Sutton Place, Beekman, and Midtown East pre-war peers:
- 424 East 52nd Street — Emery Roth / Bing & Bing Southgate cooperative nearby
- 433 East 57th Street — pre-war Sutton Place cooperative
- 1 Sutton Place South — Cross & Cross's 1927 Sutton Place cooperative
- 110 East 57th Street — a 1957 white-glove Midtown East cooperative
- 100 East 53rd Street — Midtown East condominium peer
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 345 East 57th Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 345 East 57th 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.