345 East 57th Street
345 East 57th Street, New York, NY 10022
BBL 1013500020 · BIN 1040003
- Year built
- 1928
- Type
- Cooperative
- 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
- Flip tax
- 2% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2025
- $870K
- 6 qualifying sales
- Recent range
- $700K – $3.2M
- Listing discount
- 2.7%
- Recorded transfers
- 67
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.
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.
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
- Two percent (2%) of the gross sales price (Split evenly between the seller and the purchaser)
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
24 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Processing FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $200 if there is a 2nd Applicant or Guarantor | Refundable Non-refundable |
| Application FeePaid to management | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Report Fee - per applicantPer applicantPaid to management | Paid by Buyer | When With the application | Amount $325 | Refundable Non-refundable |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPayable by Buyer or SellerPaid to management | Paid by Buyer | When Before closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Buyer | When Before closing | Amount $500.00 (if applicable) (paid by Buyer or Seller) | Refundable Non-refundable |
| Financing FeeConditionalPaid to management | Paid by Buyer | When Before closing | Amount $400.00 (if applicable) | Refundable Non-refundable |
| Power of Attorney Review FeeConditional · Per applicantPaid to management | Paid by Buyer | When Before closing | Amount $200.00 per power of attorney (if applicable) | Refundable Non-refundable |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPayable by Buyer or SellerPaid to management | Paid by Seller | When Before closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Closing FeePaid to management | Paid by Seller | When Before closing | Amount $850 | Refundable Non-refundable |
| Closing FeeConditionalConditions: Closing in another location, mail closingPaid to management | Paid by Seller | When Before closing | Amount $1,100 | Refundable Non-refundable |
| Estate Sale FeeConditionalPaid to management | Paid by Seller | When Before closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Seller | When Before closing | Amount $500.00 (if applicable) (paid by Buyer or Seller) | Refundable Non-refundable |
| Lost Stock & Lease FeeConditionalPaid to management | Paid by Seller | When Before closing | Amount $600.00 (if applicable) | Refundable Non-refundable |
| Power of Attorney Review FeeConditional · Per applicantPaid to management | Paid by Seller | When Before closing | Amount $200.00 per power of attorney (if applicable) | Refundable Non-refundable |
| Additional Closing FeeConditionalConditions: WITHOUT a Bank Attorney PresentPaid to management | Paid by Buyer | When At closing | Amount $500, if applicable | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
| Estate Transfer Additional Closing FeeConditionalConditions: WITHOUT the attorney presentPaid to management | Paid by Buyer | When At closing | Amount $200, if applicable | Refundable Non-refundable |
| Postponement FeeConditionalConditions: Less than 48 Hours' NoticePaid to management | Paid by Buyer | When At closing | Amount $500, if applicable | Refundable Non-refundable |
| Trust Transfer Additional Closing FeeConditionalConditions: WITHOUT the attorney presentPaid to management | Paid by Buyer | When At closing | Amount $200, if applicable | Refundable Non-refundable |
| Undertaking FeePaid to management | Paid by Buyer | When At closing | Amount $100 | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Seller | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositPaid to the building | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $650 | Refundable Non-refundable |
| Additional Processing FeeConditionalPaid to management | Paid by Subtenant | When With the application | Amount $200 if there is a 2nd Applicant or Guarantor | Refundable Non-refundable |
| Credit Check Fee - per applicantPer applicantPaid to management | Paid by Subtenant | When With the application | Amount $325 | Refundable Non-refundable |
| Sublet FeeRecurringPaid to the building | Paid by Shareholder | When Upon approval | Amount 15% of annual maintenance after 2yrs and 25% thereafter | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out DepositPaid to the building | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
| Move-In DepositPaid to the building | Paid by Tenant | When With the application | Amount $500 | Refundable Refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Subtenant | When With the application | Amount $250 | Refundable Non-refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
Alteration
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Processing FeePaid to the building | Paid by Resident | When Upon approval | Amount Decorative $250 | Refundable Non-refundable |
| Facilities FeeRecurringPaid to the building | Paid by Resident | When Upon approval | Amount Standard and Major $1000 per month that the work takes place | Refundable Non-refundable |
| Close Out FeeConditionalPaid to management | Paid by Shareholder | When Upon approval | Amount Forty (40) days after the Work has been completed, as determined by the Corporation, if the Shareholder has not submitted the required close-out documents as provided for in paragraph 32 of this Agreement, the Shareholder shall pay to the Corporation a fee of $500 for each calendar month or portion thereof that such closeout documents have not been submitted to the Managing Agent. | Refundable Not stated |
| Electrical Service Upgrade FeeConditionalPaid to management | Paid by Shareholder | When Upon approval | Amount If, in the Corporations sole discretion, the Corporation approves additional electric service to be brought into the Building at the Shareholders sole cost and expense, the Shareholder agrees to pay to the Corporation a one-time fee of $40.00 per amp, single-phase for such additional electric service, in addition to all professional fees incurred by the Corporation. | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Security DepositPaid to the building | Paid by Resident | When Upon approval | Amount Equal to not less than %10 and not more than 20% of the estimated cost of work | Refundable Refundable |
Ownership transfer
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Report FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Estate TransferConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Name change/spouse add/removalConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| Transfer into a TrustConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Transfer to a Family Member and a Third PartyConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Closing Fee for all TransfersPaid to management | Paid by Buyer | When At closing | Amount $850 | Refundable Not stated |
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.
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: The Roebling Team's building profile
- 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
- $632 per room a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.70 per square foot a monthMedian of 3 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
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Storage, 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.
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
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
- Policies and 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, 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 |
|---|---|---|---|---|---|
| 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 (floor-adjusted) across 3 sales. 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.
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). 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?
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At the recent median sale of $1.03M (4 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $22,713 to close, or 2.2% of the price.
- Mansion tax: $10,300
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $12,413
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
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 buildings, which span different eras and ownership forms:
- 424 East 52nd Street — Emery Roth / Bing & Bing Southgate cooperative nearby
- 433 East 57th Street — pre-war Sutton Place cooperative
- 1 Sutton Place South — 1927 Sutton Place cooperative by Rosario Candela with Cross & Cross
- 110 East 57th Street — a 1957 white-glove Midtown East cooperative
- 100 East 53rd Street — Midtown East condominium peer
More Sutton Place buildings
- 339 East 58th Street — 1929 co-op
- 345 East 54th Street — 1960 co-op
- 345 East 56th Street (Sutton East) — 1960 condop
- 347 East 53rd Street (The Sutton View) — 1961 co-op
- 350 East 57th Street — 1927 co-op
- 351 East 57th Street — 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 345 East 57th Street?
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646.939.7375 · c.cohen@compass.com