$769,000
Updated 9 years ago
Sold

350 East 54th Street, 4-K

Sutton Place, Manhattan | Second Ave & First Ave

4 Rooms2 Beds1 Bath734 Square FeetCondo

$769,000
Common Charges$393
RE Taxes$763
Price Per SF
$1,048

Listing Features

  • Corner Apartment
  • Custom Closets
  • Custom Lighting
  • French Doors
  • Hardwood Floors
  • High Ceilings
  • Moldings
  • Original Details
  • Refinished Floors
  • Storage Closet
  • Oversized Windows
  • Dishwasher
  • Galley
  • Microwave
  • New Appliances
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • East Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room
  • Renovated Lobby

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 350 East 54th Street, 4-K

-----Priced to sell-----

Very convenient location on a quiet tree-lined block. 5 minutes to E, M, 6 trains. 10 minute walk to Fifth Avenue and Central Park. Many nearby restaurants, nightlife and supermarkets including Whole Foods Market on 57th Street.

This huge converted two-bedroom CONDOMINIUM unit gives you real property ownership in Manhattan with very low monthly common charges of only $393, including heat and water! This allows the flexibility of living or renting it out as an investment. The apartment is very spacious and has high ceilings of ~9 feet. The unit has been recently renovated, looks beautiful, and is move-in ready.

Although there is no doorman, the building has a high-tech intercom system connected to your mobile phone, as well as video surveillance and a kind live-in super. The building is extremely well-kept and the lobby is currently undergoing a modernized remodeling. Lastly, there is laundry in the basement with brand new machines, which increases the convenience factor.

This unit offers incredible value to any future owner/investor looking for extra square footage, multiple layout possibilities, and low Manhattan monthlies. If purchased as primary residence, you may qualify for a co-op/condo abatement, which would reduce your monthly tax bill by 17.5% to $763/month. Otherwise, taxes would be $925/month.

Contact to schedule a viewing.

Listing History for 350 East 54th Street, 4-K

Now
02/11/2018
$769,000
Sold and Closed by Stephanie Lin
R New York
2018

Building Details for 350 East 54th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1941
Financing Allowed80%
Floors/Apts6/60
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.19 miles
51 St
0.34 miles
Lexington Av/59 St
0.42 miles
59 St
0.42 miles

Citi Bike

E 54 St & 1 Ave
0.08 miles
E 55 St & 2 Ave
0.09 miles

Contact Agent

Contact Agent

Stephanie Lin
R New York

Sutton Place | Manhattan

Quick Profile

Sutton Place is usually described with favorable words like charming, cozy, great neighborhood, hidden gem, sanctuary, or even small village inside a big city. Those descriptions aren’t from real estate folks either, they’re from the people that live and work there, so it must be true.

The quiet and upscale neighborhood is more like an enclave. It’s bounded by East 53rd Street to the south, East 59th Street to the North, First Avenue to the west, and the East River to the east. Most residents will tell you that everything you’ll ever need is located in the neighborhood. When it’s time to venture out into the cityscape, Sutton Place is within easy reach to Midtown and cultural attractions like the Museum of Modern Art, Rockefeller Center, Central Park and other iconic sites.   

Manhattan has always had notable celebrity residents. But for unknown reasons, Sutton Place has had more than its share of superstars over the years. Some of the more iconic celebs include: Marilyn Monroe and Arthur Miller, Freddie Mercury, Sigourney Weaver, Joan Crawford, Michael Jackson and sister Latoya (Just for one summer).

Sutton Place is named after Effingham B. Sutton, a shipping merchant and entrepreneur. After hitting it big in the California gold rush, Sutton built brownstones along East 57th and East 58th streets with aspirations of making the section more residential. Poverty and crime dashed his dreams. The street gangs that hung out along the dead-ends and cul-de-sacs added to the neighborhood’s decay. Sutton was about to give up on his development endeavors but the Vanderbilt’s and the Morgan’s showed up in the 1920s and transformed the neighborhood. It soon became a wealthy enclave.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1680672