- Year built
- 1930
- Type
- Cooperative
- Units
- 24
- Floors
- 5
- Pets
- Confirm current board policy at offer stage
- Subletting
- Permitted under board-set terms; confirm at offer stage
Every recorded sale at this building, 2004–2021
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $700
- Listing discount
- 2.8%
- Recorded sales
- 6
- On record
- 2004–2021
434 East 58th Street is a pre-war cooperative on one of the most desirable stretches of the East Side — the low-rise, tree-shaded Sutton Place blocks that run down toward the East River. Sutton Place has been a byword for quiet, patrician Manhattan living since the 1920s, when society families and design tastemakers reshaped these streets into an enclave of townhouses and intimate apartment buildings. 434 East 58th Street belongs to that world: a boutique, human-scaled building on a block that has kept its calm despite sitting a few minutes from Midtown's business core.
For the buyer who wants pre-war character and a genuinely quiet address without the mass and cost structure of a full-service tower, the building is a clean proposition — a 24-unit, five-story cooperative with the pre-war detail, including wood-burning fireplaces, that new construction cannot replicate.
Building operations
The cooperative runs lean and appropriately for its scale: an elevator, private storage, and a live-in superintendent. There is no doorman — standard and sensible for a boutique 24-unit pre-war co-op, and a meaningful factor in keeping monthly maintenance contained.
As a cooperative, ownership is by shares rather than deed: purchases require board approval and a board interview, financing is capped at a board-set percentage, and pied-à-terre, gifting, guarantor, and co-purchase arrangements are evaluated case by case. Subletting is permitted under terms set by the board. The exact financing maximum, any flip tax, the pet policy, and current sublet rules vary by board policy and should be confirmed at offer stage.
Recent sales
Co-op pricing is read on a per-room basis, and 434 East 58th Street trades as a boutique pre-war cooperative — modest carrying costs, pre-war layouts, and the added draw of wood-burning fireplaces. With only 24 residences, resale volume is thin: a small number of closings in an active year. Demand here is driven by the Sutton Place address, the quiet block, and the value a co-op structure offers relative to nearby condominiums. When underwriting a purchase or a list price, capture the room count, the floor, the exposure, the fireplace, and the renovation condition rather than relying on a neighborhood average.
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 1, 2021 | 1CD | 2 BR · 3 BA | $850,000 | -5.5% | |
| Apr 10, 2018 | 4AB | 3 BR · 1,250 sf | $875,000 | $700/sf | -2.8% |
| Nov 13, 2008 | 4AB | 3 BR · 1,250 sf | $740,000 | $592/sf | -0.7% |
| Feb 15, 2005 | 4AB | 3 BR · 1,250 sf | $629,000 | $503/sf | off-mkt |
Market read. $/sf is measured on the latest sales with reliable square footage (2018): a median $700/sf across 1 sale. The building has traded as recently as 2021. Median listing discount 2.8% 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 |
|---|---|---|
| May 30, 2008 | 2D | $1,570,000 |
| Dec 21, 2004 | 4A | $550,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01369-0033) 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
This is a cooperative, so the path is a board package and interview, a financing cap set by the board, and underwriting of the building's financials and house rules. Confirm the points that matter to you — the pet policy, sublet rules, and pied-à-terre stance — directly against current board policy. Review the co-op's financials, reserve, and any planned capital work, particularly given the building's age. Note also that the block has seen significant nearby development pressure; a clear-eyed read of the building's light, exposures, and any adjacent construction is part of prudent diligence here.
The reasons to buy are the address and the character: a genuinely quiet Sutton Place block, pre-war scale, wood-burning fireplaces, and a cooperative cost structure that keeps the entry point and carrying costs below full-service condominium peers nearby.
What to know if you’re selling
The story is location and character. The Sutton Place address, the 1930 pre-war architecture, and the wood-burning fireplaces are the differentiators — and they sell to a specific buyer who wants a quiet, established East Side enclave and is comfortable with a co-op. Pricing is an apartment-specific exercise: room count, floor, light, fireplace, and condition drive the number more than any block average. We position the Sutton Place narrative, prepare the buyer for the co-op process, and benchmark against the right comparable tier of pre-war East Side cooperatives.
Comparable buildings
If you're considering 434 East 58th Street, also look at these nearby Sutton Place and Midtown East buildings:
- 430 East 58th Street — pre-war cooperative on the same block
- 425 East 58th Street — nearby Sutton Place building
- 420 East 58th Street — nearby Sutton Place building
- 339 East 58th Street — nearby Midtown East building
- 1 Beekman Place — boutique East River enclave cooperative
- 303 East 57th Street — nearby Sutton Place / Midtown East building
The Roebling Team at 434 East 58th Street
The Roebling Team at Compass specializes in Sutton Place, Beekman, and the broader Midtown East cooperative and condominium market. We publish this profile because buyers and sellers of pre-war cooperatives deserve building-specific intelligence — the architecture, the cooperative structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.
If you're weighing a purchase or sale at 434 East 58th 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.
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