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227 E 57th Street #14G
About This Property
This apartment boasts hardwood floors and great ceiling heights throughout. The spacious entry foyer is perfect for a console and displaying artwork, and it includes a convenient coat closet. As you enter the oversized living room, you'll be drawn to its double exposures, facing west and northeast. The living room is large enough for a sitting area and a generously sized dining table. Between the kitchen and the living room, a built-in nook creates an ideal space for entertaining.
The fully renovated, windowed kitchen features custom cabinetry and stainless steel appliances, offering both style and functionality.
The primary bedroom is an oversized corner retreat with dual northeast and east exposures and three windows, providing a tranquil and calming atmosphere. It easily accommodates a king-sized bed plus a home office space, and it includes a large walk-in closet. The en-suite primary bathroom, featuring its original tub, pedestal sink, and timeless pre-war black and white tile design, radiates classic New York charm.
The second bedroom is also generously sized and can be adapted to suit your needs, whether as a guest bedroom, home office, or library/den. This bedroom also has an en-suite bathroom and features an oversized window with northeast views, along with a large closet. The bathroom features the timeless pre-war tile design and includes a walk-in shower, a pedestal sink, and a window with northeast exposure.
This apartment combines timeless elegance with modern convenience, offering a true New York living experience in the heart of Manhattan.
227 East 57th Street embodies prewar elegance. There is a live-in superintendent, a 24/7 doorman, and attentive staff. Step into the stunning Art Deco lobby with the original wood-paneled elevator. There is a laundry room with new machines and private storage for rent in the basement. This cooperative is pet-friendly; co-purchasing and pied-a-terres are permitted case-by-case, offering flexibility and options.
227 East 57th Street has a very generous subletting policy. After one year, you can rent the apartment as your primary residence, which is rare!
Whole Foods is directly across the street, and Trader Joe's and Morton Williams are just a few blocks away for your grocery needs. Commuting is a breeze with multiple subway options steps away, including the local and express stops at 59th/Lexington serving lines 4/5/6 N/R/W, as well as easy access to lines E, F, and Q and multiple bus lines.
Experience the epitome of Manhattan living with some of New York City's most famous restaurants within walking distance, such as Mr. Chow, Wolfgang Puck, P.J. Clarke's, The Hutong, and Tao, alongside local favorites like Crave FishBar, Nearys, The Great of Crafts, Coco Pazzeria, Chola and Jumbo Bagel. Central Park beckons with its tranquil oasis for leisure, while the newly opened East River Promenade offers scenic waterfront strolls. Explore various fitness options within a few blocks, including Equinox, Crunch, Core Power Yoga, Orangetheory Fitness, Complete Body Fitness with a saltwater pool, and the Sutton East Tennis Club. Don't miss this opportunity to craft the perfect urban sanctuary amidst the vibrant pulse of New York City.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 25, 2024 | Listed by Compass | $995,000 | |
Listed by Compass | |||
May 30, 2019 | No longer available | - | |
No longer available | |||
May 29, 2019 | Sold to David Roll | ||
Sold to David Roll | |||
Mar 11, 2019 | In contract | - | |
In contract | |||
Jan 9, 2019 | Relisted | $1,139,000 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/04/2023
|
1 Bed
|
1 Bath
|
-
|
$300,000
1 Bed
1 Bath
|
-
02/12/2024
|
Randy Baruh
Compass
| ||
04/11/2023
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$500,000
+0.20%
08/28/2023
|
Lynn Brauser
Weichert Properties
| ||
02/02/2023
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$450,000
-9.82%
06/15/2023
|
Anne Ellington
Berkshire Hathaway HomeServices New York Properties
| ||
07/06/2022
|
1 Bed
|
1 Bath
|
-
|
$428,000
1 Bed
1 Bath
|
$420,000
-1.87%
02/14/2023
|
Robert Pini
Compass
| ||
02/19/2021
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
$485,000
-3.00%
06/14/2021
|
-
|
Lynn Brauser
KWNYC Tribeca
| |
02/19/2021
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$460,000
-7.07%
09/02/2021
|
- Private -
|
Lynn Brauser
Weichert Realtors
| |
02/16/2021
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$510,000
-11.30%
07/01/2021
|
Brenda Steward
Douglas Elliman Real Estate
| ||
01/17/2021
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$565,000
-9.60%
08/11/2021
|
Erica Elman
Compass
| ||
11/08/2020
|
1 Bed
|
1 Bath
|
-
|
$576,000
1 Bed
1 Bath
|
$422,500
-26.65%
11/08/2021
|
Denae Montesi
Compass
| ||
09/16/2020
|
3 Bed
|
3 Bath
|
-
|
$1,650,000
3 Bed
3 Bath
|
$1,410,000
-14.55%
04/22/2021
|
- Private -
|
Justin Dupree
Compass
| |
05/26/2020
|
Studio
|
1 Bath
|
300 ft²
|
$369,000
Studio
1 Bath
300 ft²
|
$335,000
-9.21%
05/06/2021
|
Danka Pinkos
William Raveis New York City LLC
| ||
03/03/2020
|
1 Bed
|
1 Bath
|
-
|
$765,000
1 Bed
1 Bath
|
$646,500
-15.49%
02/10/2021
|
Harry DiOrio
Compass
| ||
12/01/2019
|
1 Bed
|
1 Bath
|
700 ft²
|
$695,000
1 Bed
1 Bath
700 ft²
|
$695,000
01/21/2021
|
-
|
Danka Pinkosova
NextStopNY Real Estate
| |
06/12/2019
|
2 Bed
|
2 Bath
|
-
|
$1,875,000
2 Bed
2 Bath
|
$1,765,000
-5.87%
05/14/2020
|
-
|
Torsten Krines
Sothebys International Realty
| |
02/06/2019
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$598,000
-7.86%
02/13/2019
|
Danka Pinkosova
William Raveis New York City LLC
| ||
07/26/2018
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
-
-
|
-
|
Danka Pinkos
William Raveis New York City
| |
01/10/2018
|
3 Bed
|
3 Bath
|
-
|
$1,699,900
3 Bed
3 Bath
|
$1,495,000
-12.05%
08/13/2018
|
-
|
Hudson Lloyd
Brown Harris Stevens Residential Sales LLC
| |
11/13/2017
|
2 Bed
|
2 Bath
|
-
|
$1,395,000
2 Bed
2 Bath
|
$1,350,000
-3.23%
03/13/2018
|
- Private -
|
Randall Gianopulos
Sothebys International Realty
| |
09/28/2017
|
3 Bed
|
3 Bath
|
-
|
$1,699,900
3 Bed
3 Bath
|
-
08/09/2018
|
Lauren Cangiano
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
09/02/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
07/10/2017
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$490,000
-1.80%
10/04/2017
|
Danka Pinkosova
Nest Seekers International
| ||
01/05/2017
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$575,000
-3.36%
05/02/2017
|
Michael Franco
Compass
| ||
07/28/2016
|
2 Bed
|
2 Bath
|
-
|
$989,000
2 Bed
2 Bath
|
$989,000
11/02/2016
|
Danka Pinkosova
Nest Seekers International
| ||
07/19/2016
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$600,000
-7.55%
02/05/2021
|
-
|
Danka Pinkosova
NextStopNY Real Estate
| |
06/03/2016
|
1 Bed
|
1 Bath
|
-
|
$790,000
1 Bed
1 Bath
|
-
-
|
-
|
Brent Rogol
Prudential Douglas Elliman Real Estate
| |
04/26/2016
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
-
-
|
-
|
Danka Pinkosova
NextStopNY Real Estate
| |
03/05/2016
|
1 Bed
|
1 Bath
|
790 ft²
|
$675,000
1 Bed
1 Bath
790 ft²
|
$640,000
-5.19%
09/13/2016
|
Paul Cole
Compass
| ||
04/19/2015
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$585,000
+6.56%
10/07/2015
|
Laurie Kraus
R New York
| ||
03/19/2015
|
1 Bed
|
1 Bath
|
650 ft²
|
$725,000
1 Bed
1 Bath
650 ft²
|
-
-
|
-
|
Leasing Office 15 Cliff
Rose Associates Inc
| |
03/09/2015
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$630,000
-13.10%
10/27/2015
|
Shirley Harnick
Douglas Elliman Real Estate
| ||
02/24/2015
|
1 Bed
|
1 Bath
|
-
|
$565,000
1 Bed
1 Bath
|
$565,000
06/25/2015
|
Mary Anne Fusco
TOWN Residential, LLC.
| ||
02/24/2015
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$550,000
+4.76%
10/28/2015
|
Donna Renna
Douglas Elliman Real Estate
| ||
02/21/2015
|
Studio
|
1 Bath
|
300 ft²
|
$299,999
Studio
1 Bath
300 ft²
|
$299,999
07/30/2015
|
Danka Pinkosova
Nest Seekers International
| ||
01/21/2015
|
1 Bed
|
1 Bath
|
700 ft²
|
$725,000
1 Bed
1 Bath
700 ft²
|
$650,000
-10.34%
09/01/2015
|
Rachel Altschuler
Sothebys International Realty
| ||
12/19/2014
|
Studio
|
1 Bath
|
-
|
$310,000
Studio
1 Bath
|
$310,000
04/27/2015
|
Danka Pinkosova
Nest Seekers International
| ||
12/11/2014
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$990,000
-10.00%
02/05/2021
|
-
|
Danka Pinkosova
NextStopNY Real Estate
| |
12/11/2014
|
1 Bed
|
1 Bath
|
-
|
$749,000
1 Bed
1 Bath
|
$680,000
-9.21%
04/27/2015
|
Danka Pinkosova
Nest Seekers International
| ||
08/13/2014
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$450,000
-9.09%
11/18/2014
|
Robert Glessman
Douglas Elliman Real Estate
| ||
03/22/2014
|
1 Bed
|
1 Bath
|
790 ft²
|
$699,000
1 Bed
1 Bath
790 ft²
|
$680,000
-2.72%
03/10/2015
|
Jessica Cohen
Douglas Elliman Real Estate
| ||
01/15/2014
|
1 Bed
|
1 Bath
|
700 ft²
|
$789,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Rachel B Altschuler
Prudential Douglas Elliman Real Estate
| |
09/25/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$579,000
1 Bed
1 Bath
750 ft²
|
$600,000
+3.63%
02/10/2014
|
Denise Thomopoulos
TOWN Residential, LLC.
| ||
09/21/2013
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
-
-
|
-
|
Ana Lee
Elliman
| |
09/21/2013
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
-
-
|
-
|
Darius Solomon
Spire Group Inc
| |
10/12/2012
|
1 Bed
|
-
|
-
|
$585,000
1 Bed
-
|
$545,000
-6.84%
05/23/2013
|
Burt Savitsky
Brown Harris Stevens Residential Sales LLC
| ||
09/24/2012
|
1 Bed
|
1 Bath
|
-
|
$425,000
1 Bed
1 Bath
|
$379,000
-10.82%
06/17/2013
|
AVISHAI VODA
Heatmap Real Estate
| ||
04/13/2012
|
Studio
|
1 Bath
|
-
|
$899,000
Studio
1 Bath
|
$765,000
-14.91%
02/05/2021
|
-
|
Kevin Cooper
Maz Group NY LLC
| |
03/19/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,050,000
2 Bed
2 Bath
1200 ft²
|
$830,000
-20.95%
12/31/2012
|
Patrick Lilly
CORE Group Marketing LLC
| ||
03/15/2012
|
1 Bed
|
1 Bath
|
-
|
$520,000
1 Bed
1 Bath
|
$490,000
-5.77%
12/04/2012
|
Takeshi Yamaguchi
TOWN Residential, LLC.
| ||
10/12/2011
|
3 Bed
|
2 Bath
|
-
|
$1,850,000
3 Bed
2 Bath
|
$1,535,000
-17.03%
12/12/2012
|
-
|
Jonathan Conlon
The Corcoran Group
|
Building Info
- 120 Units
- 3 Units for Sale
