The Revere 400 East 54th Street, New York, NY 10022

The Revere is a condo located 400 East 54th Street, in Sutton Place, New York. The building was first built in 1972 and is 51 years old. The lot that the building was built on is 194 feet wide and 100 feet long. The official lot area is listed as 19,449 square feet. In total, 400 East 54th Street has a total floor area of 236,322 square feet. Of that, 194,958 square feet are used for residential purposes. About 41,364 square feet of the building are used for commercial purposes. There are a total of 232 units. Of those, 228 are residential units. There are 4 commerical units. 400 East 54th Street has a total of 31.00000000000 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 3 elevators in 400 East 54th Street.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Alternatively, take a stroll around the building's garden. Both dogs and cats are allowed in the building! There are 379 closings on record, of which we have matching data for 49 listings. In the past 3 years, a listing in this building will typically remain on the market for about 164 days and tend to sell below the original asking price of $1,250,000 by 0.61%. Meaning, listings tend to sell at a median of $1,326 price per square foot. The transaction that took the longest to complete was unit 20A, listed on Jul 05, 2016 for $1,745,000. This particular unit ultimately sold 365 days later for $1,225,000. The most recent transaction was for unit 9C, sold for $737,500 on Oct 14, 2022. Fun fact, the oldest transaction we have on record took place on Sep 23, 1988. See the full transaction history for The Revere below.

Sutton Place, where 400 East 54th Street is located, has a median asking price of $1,995,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,250,000. For interested buyers, that means the building's median asking price is around 0.37% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 7 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,699,000. It is a 1,230 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $870,000. It is a 1 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, 4 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,250,000. Active units for sale at 400 East 54th Street are mostly 2-bedroom apartments Active units for sale at 400 East 54th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.