According to New York City records, the median price for an apartment in Manhattan in the month of September was $1,075,000. This price represents a slim 1.78% increase from last year’s median price of $1,056,250. The number of sales climbed from 522 to 1,207, representing a year-over-year increase of 131.2%
So, what exactly does $1,075,000 get you in the borough of Manhattan? Let’s take a look.
Apartment 4-BF, 424 East 57th Street is a combination 2 bedroom, 2 bath pre-war co-op in historic Sutton Place. And it’s a charmer, combining pre-war detailing with tons of natural light. The living room offers a wood burning fireplace with an exquisite mantle and vintage French doors that lead to a Juliet balcony. Warm oak strip floors with a subtle border add an elegant touch.
The windowed eat-in kitchen sports a suite of high-end appliances, granite countertops and custom cabinetry.
The apartment’s split bedroom layout consists of a primary bedroom (13’6” x 12’) and a secondary bedroom (11’5” x 12’3”), each with its own en-suite bath and closet space.
Other features include high ceilings, an in-unit washer/dryer, recessed lighting and some built-in cabinetry and bookshelves in the living room.
424 East 57th Street sits between First Avenue and Sutton Place and is located just a half a block from Sutton Park. Built in 1929, this rather intimate building has 26 apartments across six floors. Amenities include a rear patio/garden, bike storage and private storage. There is a live-in superintendent.