347 East 53rd Street (The Sutton View)
347 East 53rd Street, New York, NY 10022
Sutton Place
BBL 1013460020 · BIN 1039835
- Year built
- 1961
- Type
- Cooperative
- Units
- 42
- Floors
- 10
- Landmark
- No
- Pets
- Permitted (dogs generally up to 35 lbs., with board approval)
- Subletting
- Flexible sublet policy with board approval
- Flip tax
- Confirm current structure and payer at offer stage
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $722
- Listing discount
- 1.7%
- Recorded sales
- 45
- On record
- 2003–2026
347 East 53rd Street — The Sutton View — is a compact post-war cooperative on a central Midtown East block between First and Second Avenues, a short walk from Sutton Place, Beekman Place, and the East River. Completed in 1961, the ten-story building holds just 42 apartments across a mid-rise footprint, with up to four residences per floor — an intimate co-op that pairs genuine height and light with a small, stable ownership community.
The building's appeal is the balance it strikes: more vertical scale and outlook than the low-rise co-ops that dominate these blocks, but still boutique in unit count and services. Higher floors capture open views, and the central location puts the E/M/6 at 53rd Street within a couple of blocks.
For buyers, The Sutton View offers a practical mix — moderate carrying costs, a flexible sublet policy, and a usable amenity set built around a common outdoor patio — in a well-located, well-kept building rather than a trophy address.
Architecture and unit composition
The 42 apartments distribute across ten stories, with up to four residences per floor. The street presentation is more polished than the modest scale suggests: a polished granite entrance surround, a canopied entrance, and attractive sidewalk landscaping.
The unit mix runs from studios and one-bedrooms through modest larger layouts. Interiors are post-war in bones — efficient plans, generally solid proportions — with renovation quality varying apartment to apartment and higher floors capturing the building's better light and outlook. Condition and floor level drive much of the pricing spread within the building.
Building operations
The Sutton View operates as a boutique cooperative with a usable amenity set: two elevators, a live-in superintendent, a common courtyard and patio with a barbecue, a laundry room, private storage, a bicycle room, and FOB entry. There is no doorman, no garage, and no roof deck — a tradeoff that keeps maintenance moderate and is typical for a boutique co-op of this vintage.
The cooperative permits pets (dogs generally up to 35 lbs.) and maintains a flexible sublet policy, both with board approval. As with any cooperative, buyers should confirm the current maintenance schedule, any assessments, the reserve position, recent capital work, and the building's current financing cap, flip tax, and sublet terms during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $27,998/yr
- Per unit / month range
- $0 – $56
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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
- Sublet policy
- Must be resident 2 years prior; min 4 months, max 1 year; each year needs Board approval; no more than 10 sublets at a time
- Pied-à-terre
- Allowed, case by case
- Notable fees
- Max financing 75%; Corporate/Diplomat purchase not allowed; Processing Fee $525; Credit Check $125/applicant
Recent sales
As a cooperative, The Sutton View is read on a price-per-room basis; many apartments trade without a published square footage, and per-room and per-estimated-room pricing is the more reliable comparison. Recent closings have run in the mid-hundreds of thousands to around the high-hundreds depending on size, floor, exposure, and condition — with higher floors, better light, and renovated units commanding the premium within the building.
Apartments here have historically sold within a normal marketing range for a well-located, non-trophy post-war co-op. The flexible sublet policy and common outdoor space are recurring points of appeal. Specific recent figures should be confirmed against current recorded transfers at offer stage.
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 |
|---|---|---|---|---|---|
| Feb 20, 2026 | LA | 1 BR · 1 BA | $350,000 | -12.5% | |
| Nov 12, 2024 | 2B | 1 BR · 1 BA · 880 sf | $635,000 | $722/sf | -2.2% |
| Jun 5, 2024 | D1 | 1 BR · 1 BA | $690,000 | -3.5% | |
| Oct 18, 2023 | 8C | 2 BR · 1 BA · 900 sf | $832,500 | $925/sf | -7.5% |
| Oct 3, 2023 | 7B | 1 BR · 1 BA | $860,000 | -1.7% | |
| Jun 17, 2022 | 5A | 2 BR · 1 BA · 900 sf | $875,000 | $972/sf | -1.1% |
| Dec 3, 2021 | 8D | 1 BR · 1 BA | $725,000 | -8.8% | |
| Oct 19, 2021 | 1A | 2 BR · 1 BA | $725,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $722/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.7% 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.
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 1-01346-0020) 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
Floor and light are the premium. The ten-story height gives higher floors an outlook advantage rare among these low-rise blocks. Confirm exactly what a given line sees.
The sublet policy is a genuine feature. For buyers who value flexibility over the life of ownership, the building's flexible sublet framework is a differentiator. Confirm current terms with the board.
Condition drives price. Renovation quality is a primary variable within the building. Inspect kitchens, baths, and mechanicals and price against comparable condition.
Board approval applies. As a cooperative, purchases require board approval. Prepare a complete, well-documented board package.
What to know if you’re selling
Lead with floor and light. For higher-floor apartments, the outlook is the headline against the surrounding low-rise stock.
Foreground the outdoor space and flexibility. The common patio and flexible sublet policy widen the buyer pool; market them explicitly.
Price per room against the right comps. Comparable analysis should weight floor, light, exposure, and condition.
Comparable buildings
If you're considering 347 East 53rd Street, also evaluate other cooperatives and condominiums across the Sutton Place corridor, weighing service level, carrying costs, and board policy against price.
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at The Sutton View?
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 The Sutton View 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.