400 East 54th Street (The Revere)
400 East 54th Street, New York, NY 10022
Sutton Place
BBL 1013657502 · BIN 1076281
- Year built
- 1970
- Type
- Condominium
- Units
- 228
- Floors
- 31
- Landmark
- No
- Pets
- Permitted with board approval (generally one dog up to approximately 35 lb per unit); stricter policy for renters — confirm at offer stage
- Subletting
- Permitted under condominium rules — confirm current policy at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,168
- Listing discount
- 2.7%
- Recorded sales
- 197
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Revere 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.
The Revere is a 31-story full-service condominium at the corner of First Avenue and East 54th Street, in the Sutton Place quadrant of Midtown East. Built in 1970 to a design by H.I. Feldman and converted from a rental building to a condominium in 1987, the building is a substantial, well-staffed residence anchored by two features that continue to serve its residents: an on-site parking garage — a real convenience in Midtown Manhattan — and a landscaped outdoor courtyard with seating and a children's playground, entered through a raised plaza that is a registered privately owned public space (POPS).
The building's Sutton Place–adjacent position places it in one of Midtown East's quieter, more residential pockets, close to the East River and the FDR Drive while removed from the density of the Midtown core.
Architecture and unit composition
The 228 apartments span 31 floors and range from studios to larger family layouts. The 1970 building carries the solid, efficient floor plates of its era, and the conversion in 1987 established the condominium structure that governs it today. Upper-floor units on the east side carry East River exposures. The raised plaza entrance and the interior landscaped courtyard give the building a green, set-back arrival experience uncommon for a Midtown corner lot.
Building operations
The Revere operates as a full-service condominium with a 24-hour doorman and concierge and a live-in superintendent. The on-site parking garage — often available to owners at a discount — is a defining amenity, along with the bike room, central laundry, and private storage. Carrying costs follow the ordinary condominium structure of common charges and real property taxes. Buyers should obtain current figures and review the building's financials and reserve position during diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $113,818/yr
- Per unit / month range
- $0 – $42
- Modeled exposure split equally across 228 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
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 2025–30. 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
- Short Term Rentals Not Allowed; lease terms 1-2 yrs, renewals 1 yr only
- Pied-à-terre
- Allowed
- Notable fees
- No pets for tenants (strictly enforced); Application Fee $600 sale/$500 lease; Move-In Fee $300
Recent sales
The Revere trades as a full-service Sutton Place condominium at pricing that reflects its staffing, garage, and quiet residential position. Recent closings have generally run in the range typical for well-run Midtown East condominiums of its vintage, with floor, exposure, and view driving the variation across the building. The on-site garage and the courtyard are the building's clearest pricing differentiators against peer Midtown East product. Current apartment-level comparable analysis is the right basis for any pricing decision.
Recent closings 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 |
|---|---|---|---|---|---|
| Jul 21, 2026 | 15CD | 3 BR · 2.5 BA · 1,852 sf | $2,305,000 | $1,245/sf | -3.8% |
| Jun 30, 2026 | 8A | 1 BR · 1.5 BA · 1,053 sf | $925,000 | $878/sf | -2.5% |
| Jun 8, 2026 | 22D | 1 BR · 1 BA · 622 sf | $810,000 | $1,302/sf | -7.4% |
| May 13, 2026 | 26D | 1 BR · 1 BA · 625 sf | $787,000 | $1,259/sf | -1.0% |
| Apr 28, 2026 | 25A | 2 BR · 2 BA · 1,053 sf | $1,475,000 | $1,401/sf | -1.7% |
| Mar 27, 2026 | 19H | 1 BA · 560 sf | $675,000 | $1,205/sf | -2.9% |
| Feb 26, 2026 | 27B | 1 BR · 1.5 BA · 900 sf | $999,000 | $1,110/sf | -8.8% |
| Feb 13, 2026 | 31C | 2 BR · 2 BA · 1,230 sf | $1,385,000 | $1,126/sf | -6.1% |
Market read. Most recent trades (2026) cleared a median $1,168/sf (floor-adjusted) across 8 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 2.7% 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 1-01365-7502). 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 from recorded condo declarations and offering plans.
At the recent median sale of $985K (18 sales since 2024), a buyer putting 25% down would pay about $35,443 to close, or 3.6% of the price.
- Mansion tax: $0
- Mortgage recording tax: $14,221
- Title insurance: $4,433
- Attorneys, lender, building fees, reserves and filings: $16,790
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 garage is a real amenity. On-site parking is uncommon and valuable in Midtown; confirm availability, cost, and any owner discount.
Confirm the pet policy. The building permits pets with board approval but applies weight limits and a stricter standard for renters; confirm the current policy against any specific plans.
Sutton Place quiet is the draw. The building sits in one of Midtown East's more residential pockets near the East River; confirm exposure and view for any specific apartment.
Condo flexibility applies. 30–45 day closings are typical; pied-à-terre and investor use are generally permitted — confirm current policy at offer stage.
What to know if you’re selling
Lead with the garage and the courtyard. Both distinguish The Revere from anonymous Midtown East towers; make them central to the marketing.
The full-service staffing is a genuine selling point. 24-hour doorman, concierge, and live-in super appeal to primary-residence buyers.
Price at the apartment level. Floor, exposure, and view drive substantial variation across the building's 228 units.
Comparable buildings
If you're considering 400 East 54th Street, also evaluate:
- 966 First Avenue (Sutton Manor) — nearby Sutton Place condominium with attached garage and fitness center
- 250 East 40th Street (The Highpoint) — Murray Hill condominium with indoor pool and private balconies
- 132 East 35th Street (Murray Hill House) — full-service Murray Hill cooperative with roof deck and garage
More Midtown East buildings
- 345 East 52nd Street — 1959 co-op by Leo Stillman
- 349 East 49th Street (Beekman Court) — 1940 co-op by Jacob M. Felson
- 351 East 57th Street — co-op
- Rivergate (400 East 35th Street) — 1985 co-op
- 415 East 37th Street (The Horizon) — 1989 condominium by Costas Kondylis & Partners
- 425 East 51st Street (Beekman Hill House) — 1930 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 The Revere?
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