Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1961
440 East 57th Street
440 East 57th Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

440 East 57th Street

440 East 57th Street, New York, NY 10022

Sutton Place

BBL 1013680033 · BIN 1040471

ManagementAKAM
CorridorSutton Place
At a glance
Year built
1961
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$881
Listing discount
2.8%
Recorded sales
89
On record
2003–2026

440 East 57th Street is a white-glove cooperative just off Sutton Place — and it earns that description. Built in 1961, the 22-story red-brick building pairs postwar scale and light with a level of service and a sense of address more often associated with prewar buildings. On one of the East 50s' most distinguished, tree-lined blocks, steps from the East River, it is a quintessential Sutton Place co-op: discreet, well-run, and squarely aimed at buyers who prize service and setting.

Sutton Place itself is the appeal. This enclave at the eastern edge of Midtown — quiet, residential, and removed from the commercial density to the west — has long been one of Manhattan's most prestigious addresses, a neighborhood of established co-ops and river views. A full-service postwar co-op here delivers the neighborhood's defining combination: generous apartments, a peaceful block, and the river a short walk away.

For buyers, the proposition is service and proportion. The building offers the larger windows and consistent ceiling heights of postwar construction, generous and well-laid-out apartments, terraces and gardens on select homes, and the kind of attentive, full-time staffing that defines the best of Sutton Place — at a more accessible entry than the marquee prewar river houses nearby.

Architecture and unit composition

440 East 57th Street is a clean mid-century red-brick apartment house, a product of 1961 that prioritizes light, scale, and livability over prewar ornament. The building rises 22 stories on its quiet block, with upper-floor homes capturing open exposures toward the East River and across the low rooftops of the surrounding enclave. Select residences carry private terraces and gardens — a meaningful outdoor amenity in a building of this era and address.

The building holds 83 cooperative residences, a postwar mix running from one-bedrooms to larger family layouts, several refined or combined over the building's cooperative life. Postwar construction here means generous proportions, larger window walls than prewar stock, and thoughtful layouts — the qualities that draw buyers to the best mid-century co-ops. Homes with terraces, gardens, or river exposures sit at the top of the building's appeal.

Building operations

440 East 57th Street operates as a full-service, white-glove cooperative: a 24-hour doorman, a live-in superintendent, and a furnished roof deck that takes in panoramic Manhattan and East River views. The level of staffing and service is the building's signature — the prewar standard of attention delivered in a postwar building. As a cooperative, the building runs on monthly maintenance covering staff, operations, and the underlying building, and purchases proceed through a board review and interview; we walk buyers through the building's current requirements as part of preparing a clean board package.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$9,732/yr
Per unit / month range
$0 – $10
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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

Managing agent
Flip tax
2% of purchase price (paid by shareholder/seller)
Sublet policy
Not allowed
Notable fees
Application processing $700; credit check $150; move-in/move-out $1,000 each; closing fee $600; recognition agreement $300 if financing
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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
Jun 24, 2026PH
4 BR · 3 BA · 3,479 sf
$3,050,000$877/sf-12.9%
Jun 18, 202615B
2 BR · 2 BA · 1,400 sf
$1,312,000$937/sf-2.7%
Apr 14, 202610A
2 BR · 2 BA
$1,575,000-1.6%
Feb 20, 20268D
1 BR · 1.5 BA
$850,000-5.0%
Mar 31, 202520B
2 BR · 2 BA
$1,435,000-4.3%
Sep 13, 20235C
1 BR · 1.5 BA · 1,100 sf
$683,500$621/sf-11.8%
Jun 15, 202310C
1 BR · 1.5 BA · 1,100 sf
$865,000$786/sf+6.1%
Jan 9, 202314B
2 BR · 2 BA
$1,430,000-4.3%

Market read. Most recent trades (2026) cleared a median $881/sf across 1 sale. 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.

9B · 1,500 sf+60%
$835,000 ($576/sf) 2005$1,350,000 ($931/sf) 2015$1,335,000 ($890/sf) 2021
12C · 1,100 sf+51%
$575,000 2003$740,000 2011$870,000 ($791/sf) 2017
11C · 1,100 sf+47%
$562,500 ($511/sf) 2004$825,000 ($750/sf) 2007
15A+43%
$925,000 2010$1,325,000 2022
5D · 1,050 sf+26%
$750,000 ($714/sf) 2006$945,000 ($900/sf) 2016
View all 89 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 1-01368-0033) 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 a purchase runs through a board package and interview. A white-glove Sutton Place co-op typically holds to conservative financing and residency standards; we help buyers understand the building's posture on financing, subletting, pied-à-terre ownership, and pets before they commit, then prepare a package that presents cleanly.

The variables that drive value here are exposure and outdoor space. A river-facing home, or one of the residences with a terrace or garden, is a fundamentally different asset from an interior line — and the building's service level is a constant that benefits every home. We help buyers read the floor plans, weigh exposure and outdoor space against price, and benchmark against the Sutton Place co-op inventory.

What to know if you’re selling

Lead with service and setting. The white-glove staffing, the quiet Sutton Place block, and the furnished roof deck with river views are durable selling points that define the building's appeal.

Outdoor space and exposure drive pricing. River-facing homes and the residences with terraces or gardens command the building's premium; a well-presented home should foreground those features.

Position to the Sutton Place buyer. This is a service-first co-op for buyers who prize a peaceful, prestigious address; pricing and presentation should target that buyer rather than a contemporary-condominium shopper.

Turnover is thin, which helps. With a long-tenured ownership base, available inventory — especially river-facing and outdoor-space homes — is genuinely limited, and a well-presented listing benefits from that scarcity.

Comparable buildings

If you're considering 440 East 57th Street, also evaluate the surrounding Sutton Place and East 50s co-op stock:

The neighborhood

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

Preparing a board package for this building?

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 440 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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 440 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.