345 East 54th Street

345 East 54th Street is a Co-op located in Sutton Place, New York. The building was first built in 1960 and is 64 years old. The lot that the building was built on is 82 feet wide and 100 feet long. The official lot area is listed as 8,234 square feet. The building itself is 82 feet wide and 65 feet long. In total, 345 East 54th Street has a total floor area of 37,732 square feet. Of that, 37,732 square feet are used for residential purposes. There are a total of 59 units. Of those, 59 are residential units. 345 East 54th Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

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. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 55 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 179 days Meaning, listings tend to sell at a median of $750 price per square foot. The transaction that took the longest to complete was unit 4H, listed on Sep 11, 2017 for $590,000. This particular unit ultimately sold 350 days later for $555,000. The most recent transaction was for unit 3JH, sold for $1,195,000 on Dec 15, 2023. Fun fact, the oldest transaction we have on record took place on May 08, 1984. See the full transaction history for 345 East 54th Street below.

Sutton Place, where 345 East 54th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $542,500. For interested buyers, that means the building's median asking price is around 0.28% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $599,000. It is a 800 sqft 1-bedroom and 1-bathroom unit.