- Year built
- 1961
- Type
- Cooperative
- Landmark
- No
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $9,732/yr
- Per unit / month range
- $0 – $10
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
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 83 cooperative units and a stable, long-tenured ownership base typical of a Sutton Place building, turnover at 440 East 57th Street is modest — a handful of resales in a typical year. Pricing tracks the Sutton Place co-op market, with river exposures, terrace and garden homes, and higher floors commanding a clear premium over interior lines. The BBL-linked sales record on this site reflects recorded transfers as they post; we benchmark any specific home against its floor, exposure, outdoor space, and renovation level rather than building-wide averages.
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:
- 444 East 57th Street — full-service building on the same block
- 411 East 57th Street — Sutton Place cooperative nearby
- 322 East 57th Street — full-service East 57th Street co-op
- 425 East 51st Street — Beekman cooperative to the south
The Roebling Team at 440 East 57th Street
The Roebling Team at Compass specializes in Sutton Place, Beekman, and the broader East Side co-op market. We publish this profile because buyers and sellers evaluating a white-glove postwar co-op deserve building-specific intelligence — the service, the exposures, the outdoor homes, and where pricing sits against the neighborhood's inventory.
If you're considering a purchase or sale at 440 East 57th Street, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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