Cooperative · 1925
424 East 57th Street
424 East 57th Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

424 East 57th Street

424 East 57th Street, New York, NY 10022

CorridorSutton Place
At a glance
Year built
1925
Type
Cooperative
Units
26
Floors
6
Landmark
No
Amenities
Elevator, live-in superintendent, landscaped rear garden, library/common room, bike storage, central laundry per listing records; many apartments carry wood-burning fireplaces
Financing
Cooperative financing conventions apply — verify the building's minimum down payment and board financials during diligence
The Data Room

Every recorded sale at this building, 2004–2025

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$665K
Recent range
$635K – $695K
Listing discount
11.4%
Recorded transfers
30

424 East 57th Street is a prewar cooperative at the quiet eastern end of 57th Street, half a block from Sutton Place proper — a 26-unit, six-story building on one of Manhattan's most settled residential edges. In a Midtown East market dominated by tall postwar and prewar apartment houses, a low-rise prewar co-op with a landscaped rear garden and wood-burning fireplaces is a scarce and specific product: intimate scale and prewar character on a block that trades on calm rather than density.

The building is a mid-1920s design by Mann & MacNeille, executed in a restrained medieval-Italian idiom — rough brown brick, an arched corbel table, a tiled roof, and terra-cotta rosette detailing — a deliberate counterpoint to the Jazz Age towers that rose around it during the same decade's transformation of the Sutton Place blocks into an elite residential enclave. It converted to cooperative ownership in 1982.

For buyers, the thesis is location and format: prewar co-op ownership at boutique scale, steps from the Sutton Place riverfront, in a building small enough to feel private and quiet by design.

Architecture and unit composition

The building rises six stories in rough brown brick, its restrained medieval-Italian detailing — the corbel table, the tiled roof, the terra-cotta rosettes — setting it apart from the taller prewar and postwar houses nearby. The 26 apartments are reached by elevator, and many carry the prewar features that define the building's appeal: wood-burning fireplaces, prewar proportions, and access to a landscaped rear garden. The intimate unit count and low-rise profile give the building a townhouse-adjacent feel uncommon on 57th Street.

Building operations

This is settled prewar co-op ownership at boutique scale: an elevator, a live-in superintendent, a shared library/common room, bike storage, central laundry, and a landscaped garden, governed by a resident board across 26 apartments. Staffing posture — whether the building runs a doorman in addition to its live-in superintendent, and how garage access is arranged — varies across records and should be confirmed with the managing agent during diligence. Cooperative governance at this scale is intimate; the board financials, house rules, sublet policy, and reserve posture warrant careful review. We obtain current building documents from the managing agent for clients at offer stage.

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.

DateUnitApartmentPricePPSFvs. Ask
Apr 21, 20256D
1 BR · 1 BA · 800 sf
$635,000$794/sfoff-mkt
Sep 2, 20214BF
2 BR · 2 BA
$1,075,000-6.5%
Aug 18, 20212A
2 BR · 1.5 BA
$935,000-15.0%
Sep 11, 20196BF
2 BR · 2 BA · 1,100 sf
$1,099,000$999/sf-18.3%
Apr 22, 20194A
2 BR · 1 BA
$772,500-18.6%
Aug 7, 20185BFE
3 BR · 1,650 sf
$1,600,000$970/sf-20.0%
Apr 6, 20181BF
2 BR · 2 BA
$890,000-6.3%
Oct 19, 20175D
1 BR · 915 sf
$750,000$820/sf-14.3%

Market read. Most recent trades (2025) cleared a median $811/sf across 1 sale. Median listing discount 12.9% 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.

4BF+85%
$580,000 2006$1,220,000 2014$1,075,000 2021
2A+67%
$560,038 2012$880,000 2013$935,000 2021
2B · 1,200 sf+33%
$899,000 ($749/sf) 2004$925,000 ($771/sf) 2006$1,200,000 ($1,000/sf) 2014
6BF · 1,100 sf+17%
$940,000 2009$1,099,000 ($999/sf) 2019
6D · 800 sf+15%
$550,000 ($688/sf) 2005$585,000 ($731/sf) 2008$590,000 ($738/sf) 2012$635,000 ($794/sf) 2025

Other recent transfers

DateUnitPrice
Jul 28, 20255D$695,000
Oct 23, 20155B$1,795,000
Oct 19, 20151BF$850,000
May 1, 20144BF$1,220,000
Oct 24, 20112D$788,655
Nov 30, 20105A$825,000
View all 30 recorded transfers, sortable

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 1-01368-0039) 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

Prewar character at boutique scale is the product. Wood-burning fireplaces, a landscaped garden, and 26 units in a six-story building on a quiet Sutton-vicinity block — this is a specific format for buyers who want calm and prewar detail over amenity depth. Walk the block and see the apartment in person.

Cooperative diligence is board diligence. Review the building's financials, reserve posture, sublet policy, and house rules closely — small prewar buildings carry restrained monthlies but a narrow base for any capital project. Run the True Monthly Carrying Cost Calculator against your alternatives.

Confirm the service and policy stack. Staffing, garage access, pet, sublet, and financing specifics should be verified against current building documents during diligence — records vary on the exact service posture.

Co-op purchase mechanics apply. Board application, financial disclosure, and an interview are part of the process — we prepare clients for the full cooperative timeline.

What to know if you’re selling

Lead with the format and the block. The low-rise prewar scale, the garden, the fireplaces, and the quiet Sutton-vicinity setting are the pitch — position against the taller, denser buildings nearby on character rather than amenity.

Price against same-building and adjacent prewar co-op history. With 26 units, your own building's history is thin in any given window; the surrounding prewar cooperative stock rounds out the comp set on a per-room basis.

Board-readiness shortens the timeline. A well-prepared board package keeps the cooperative process on schedule — we position sellers accordingly.

Comparable buildings

If you're considering 424 East 57th Street, also evaluate:

  • The prewar cooperatives along Sutton Place and Sutton Place South — the closest like-for-like prewar co-op product
  • The East 57th and East 58th Street prewar houses — the larger-building, deeper-amenity alternative nearby
  • Beekman-vicinity prewar co-ops — the comparable quiet-enclave alternative to the north

The Roebling Team at 424 East 57th Street

The Roebling Team at Compass works Sutton Place and the broader Midtown East co-op market as a core practice area. We publish this building profile because prewar co-op buyers and sellers deserve building-specific intelligence — governance scale, prewar-format value, and corridor-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 424 East 57th Street, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.

Considering a move at 424 East 57th Street?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com