424 East 57th Street
424 East 57th Street, New York, NY 10022
Sutton Place
BBL 1013680039 · BIN 1040473
- 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
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
- 6.0%
- Recorded transfers
- 40
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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
- Flip tax
- 1.5% of gross sale price (shareholder)
- Sublet policy
- Allowed (co-op sublet fees apply)
- Notable fees
- Transfer Fee $750; Transfer Stamp Tax $0.05/share; Administrative Fee $500; Move-in/out deposit $1,000 each + $500 fee each
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 28, 2025 | 5D | 1 BR · 1 BA | $695,000 | +0.0% | |
| Sep 2, 2021 | 4BF | 2 BR · 2 BA | $1,075,000 | -6.5% | |
| Aug 18, 2021 | 2A | 2 BR · 1.5 BA | $935,000 | -15.0% | |
| Dec 2, 2019 | 6E | 1 BA | $300,000 | -14.3% | |
| Sep 11, 2019 | 6BF | 2 BR · 2 BA · 1,100 sf | $1,099,000 | $999/sf | -18.3% |
| Apr 22, 2019 | 4A | 2 BR · 1 BA | $772,500 | -18.6% | |
| Aug 7, 2018 | 5BFE | 3 BR · 1,650 sf | $1,600,000 | $970/sf | -20.0% |
| Apr 6, 2018 | 1BF | 2 BR · 2 BA | $890,000 | -6.3% |
Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $954/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 6.3% 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 1-01368-0039) 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 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 424 East 57th Street?
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 424 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.