- 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, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $726
- Listing discount
- 3.5%
- Recorded sales
- 37
- On record
- 2005–2026
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.
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 |
|---|---|---|---|---|---|
| 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% | |
| Aug 4, 2021 | LD | 2 BR · 2 BA · 1,000 sf | $799,000 | $799/sf | -10.7% |
| Jun 4, 2021 | 5D | 1 BR · 1 BA | $818,000 | -3.7% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $726/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.5% 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 |
|---|---|---|
| Apr 20, 2026 | 9C | $600,000 |
| Oct 19, 2021 | 1A | $725,000 |
| Mar 14, 2018 | 1B | $750,000 |
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 1-01346-0020) 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 Roebling Team at The Sutton View
The Roebling Team at Compass specializes in the Sutton Place, Midtown East, and East River-edge market. We publish this building profile because cooperative buyers and sellers deserve building-specific intelligence — architecture, board policy, and apartment-level pricing reality — not generic market commentary.
If you're considering a purchase or sale at 347 East 53rd Street, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, due diligence priorities, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.
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