Cooperative · 1967
The George
433 East 56th Street, New York, NY 10022
Buildings·Cooperative

The George

433 East 56th Street, New York, NY 10022

At a glance
Year built
1967
Type
Cooperative
Landmark
No

The George sits on one of Sutton Place's quietest, most residential side streets — the stretch of East 56th between First Avenue and Sutton Place that runs toward the East River, a few steps from the Esplanade. It is a post-war white-glove cooperative, built in 1967 and converted to co-op ownership in 1972, and it offers exactly what its corridor is prized for: privacy, full-service staffing, and a calm, tree-lined setting a world away from the Midtown bustle a few blocks west.

Where many of Sutton's cooperatives are pre-war and demand deep cash positions, The George is a different proposition: a well-run post-war building with a friendlier financing posture and a real amenity package. It is the kind of building buyers reach for when they want Sutton's quiet and a 24-hour doorman without the strict terms or the renovation burden of a 1920s building.

For buyers, the appeal is the combination of a serene river-adjacent address, dependable full-service staffing, genuine outdoor amenities — a planted courtyard garden and a roof deck — and board policies that, with 75% financing and a welcome for pied-à-terre owners, are more accommodating than the Sutton norm.

Architecture and unit composition

The George is a fourteen-story post-war apartment house, built in 1967 in the clean, functional idiom of its era. The architecture is understated rather than ornamental — the building's value is in its staffing, its amenities, and its setting rather than in a decorative façade. It is an all-electric building, with residents controlling their own hot water and individual through-wall heating and cooling, a configuration typical of well-built post-war co-ops and one that gives shareholders direct control over their utilities.

The roughly 71 residences span the range of post-war layouts, with the efficient, light-filled floor plans of a 1960s building. As in most buildings of this vintage, the homes vary line by line — higher floors and the lines oriented toward the river capture the best light and the open views toward the East River and the Esplanade. The post-war construction means generous windows and practical, livable layouts rather than the foyers and separate dining rooms of pre-war stock.

Building operations

The George runs as a full-service, white-glove cooperative. A 24-hour doorman attends the lobby and a live-in resident manager oversees the building, supported by a fitness room, bicycle storage, private storage, and a central laundry. Two outdoor amenities distinguish it: a planted courtyard garden and a roof deck — genuine outdoor space in a dense part of Midtown, and a meaningful draw for shareholders.

The board's policies are accommodating for the corridor. Pied-à-terre ownership is welcomed, subletting is permitted with board approval, and the building allows financing up to 75% of the purchase price — a friendlier threshold than many Sutton co-ops. The building does not permit pets. As with any cooperative, purchases proceed through a board package and interview, and maintenance covers the building's staffing and operating costs.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

With roughly 71 residences, turnover at The George is moderate — a building of this size typically sees several homes trade in a given year. Pricing reflects the Sutton premium for a quiet, river-adjacent address, the building's full-service staffing and outdoor amenities, and its accommodating financing and pied-à-terre terms, with higher-floor and river-facing lines commanding the clearest premiums. The building's sales record tracks recorded transfers as they post.

What to know if you’re buying

This is a full-service cooperative, so plan for a board package and interview — but on friendlier terms than the corridor average. The 75% financing allowance means you do not need the deep cash position many Sutton co-ops require, and the welcome for pied-à-terre owners makes the building viable for buyers who keep a primary home elsewhere. If you have a pet, note that the building does not permit them.

Buy for the staffing, the amenities, and the light. A 24-hour doorman, a courtyard garden, and a roof deck are the building's real draws, and the higher and river-facing lines hold the best light and views. The all-electric, individually controlled systems give you direct control over utilities; factor that into your carrying-cost math. Review the building's financials and any planned capital work as part of your diligence.

What to know if you’re selling

Market the Sutton trade and the building's accommodating terms together. A quiet, river-adjacent side street; a full-service white-glove cooperative with a courtyard garden and a roof deck; and a board that welcomes pied-à-terre owners and allows 75% financing is a combination that widens your buyer pool well beyond the typical pre-war Sutton co-op. Those policies are a selling point — say so plainly.

Lead with the apartment's light and views and the building's amenities. Price against the post-war full-service cooperatives of Sutton and Beekman rather than against pre-war or new construction, and market higher-floor and river-facing homes on exactly those attributes. The outdoor amenities and dependable staffing are exactly what this buyer is paying for.

Comparable buildings

If you're considering 433 East 56th Street, also evaluate nearby Sutton and Beekman cooperatives:

The Roebling Team at The George

The Roebling Team at Compass specializes in Sutton Place, Beekman, and the river-facing East Side cooperative market. We publish this profile because buyers and sellers evaluating post-war full-service co-ops in Sutton deserve building-specific intelligence: how the board's financing and pied-à-terre policies shape the buyer pool, which lines hold the best light and river views, and how a home at The George should be priced.

If you're considering a purchase or sale here, a 30-minute consultation is the right starting point.

Considering a move at The George?

Get the full picture on this building.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com