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345 East 57th Street, #1B

$595,000 ($661 per ft2) | 1 bed, 1.5 baths | Approx. 900 ft2
Building Profile  | 
17 days on Market

Key Details

  • Listed: Dec 5, 2024
    Days on Market: 17
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 180 times
Monthly Maintenance: $2,244 ($2.49/ft2)
Est. Monthly Mortgage: $2,963
Total Est. Monthly Carrying Cost: $5,207 ($5.79/ft2)
Note: the above is based on a down payment of 25% ($148,750), which is the minimum amount permitted by the building.

Description

Welcome to the Maisonette at 345 East 57th Street in the heart of Sutton! This pre-war gem is awaiting its next owner to restore this exceptional apartment into a masterpiece home. The south-facing 4-room residence offers timeless charm and exciting potential and features one bedroom, one and half bathrooms and a separate "bonus" room.

As an added benefit, there are existing DOB approvals in place to convert the home’s half bathroom into a full bathroom and add an in unit washer and dryer. The layout is as functional as it is elegant. A 12-foot foyer leads to a grand living room featuring oversized windows, a coffered ceiling with intricate plasterwork, and a decorative fireplace. The primary bedroom is equally impressive with two spacious closets and a windowed ensuite bath.

The primary bedroom can comfortably fit a king-sized bed with abundant room for additional storage. Adding versatility is a charming bonus room complete with its own windowed bathroom. Whether as a guest suite, home office, or personal study, this space enhances the home’s appeal.

Just off the bonus room, adjacent to the main entrance, is a well-appointed kitchen area. The current owner has initiated an architect-led restoration, preserving many original details. The plaster walls have been upgraded with a flawless ’Level 5’ finish and are painted in Benjamin Moore’s ’Simply White.’ Original doors, trim, and hardware have been meticulously stripped of 90 years of paint, and the oak floors, in excellent condition, await your custom finish.

Bring your vision and contractor to complete the restoration of this remarkable home or reimagine it with a modern touch. This is a rare opportunity to own a residence with over 900 square feet of historic elegance and endless potential, all at an exceptional value and with low monthly costs. 345 East 57th Street is a well-maintained, full-service co-op in the heart of prime Sutton Place.

This boutique building offers just 60 residences and features 24-hour doormen, a live-in superintendent, two elevators, a laundry room and a bike room. Residence #1B includes a designated storage locker as well. Pets, pied-a-terre ownership, co-purchasing, parental purchases, and gifting are all permitted.

Financing is available up to 75%, with a 2% flip tax split evenly between buyer and seller.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 345 East 57th Street

60

345 East 57th Street has received a CityRealty Rating of 60, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
23
Out of 36
+
11
Out of 39
+
8
=
60
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Bike Room
  • Fireplaces

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Pros
  • Fireplaces
  • Pre-war building
  • Close to Queensboro Bridge
  • Close to Sutton Place
  • Good bus transportation
  • Bicycle Room
  • Storage facilities
  • Doorman
  • Close to Subway
Cons
  • No garage
  • No fitness center
  • No balconies
  • Inconsistent fenestration
  • No roof deck
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.31 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 3rd Ave and 60th 0.34 miles
  1. F
at Lexington Ave and 63rd 0.43 miles

Other Apartments Available in this Building (1)

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