$1,065,000
Updated 16 years ago
Sold

347 East 53rd Street, PH-A

Sutton Place, Manhattan | Second Ave & First Ave

4.5 Rooms2 Beds2 Baths1,300 Square FeetCo-op

$1,065,000
Maintenance$2,292
Price Per SF
$819

This property was sold for $995,000 on 07/22/10.

Listing Features

  • Abundant Closets
  • Penthouse/Top Flr
  • Separate Dining Area

Outdoor space and views

  • Wrap Terrace
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Garden
  • Grilling Stations
  • Laundry Room
  • Storage

Policies

  • Pets Allowed

Property Description for 347 East 53rd Street, PH-A

Wonderful Penthouse with two bedrooms and two baths. Terrace wraps around the entire apartment. Sunny south and east exposure with unobstructed views of the Chrysler Building. The terrace is child friendly with professionally installed high railing grid. The large living/dining room has double exposure south/east and sliding glass doors to terrace. The windowed kitchen was tastefully redone with stainless steel appliances 2 years ago. There is ample closet space in the apartment and bedrooms. The wood floor throughout the apartment has a new finish, and the apartment has been painted April 2010. A/C is through wall. There are 42 units in this elevator building with a live in supper that will accept your packages, new laundry room, bike room, storage room and garden/patio. Dogs up to 35 lbs are permitted. The buildings is in great financial shape and the underlying mortgage will be paid off May 2010 & this units share of the mortgage balance has already been paid by the seller. Maintenance will be reduced but the board has not decided yet by how much. The building has a reasonable board and is 25% down.

Listing History for 347 East 53rd Street, PH-A

Now
05/06/2010
Contract Signed by Andreas Mann
Douglas Elliman
04/14/2010
$1,065,000
Initial Price by Andreas Mann
Douglas Elliman

Building Details for 347 East 53rd Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built1961
Financing Allowed75%
Floors/Apts10/43
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.19 miles
51 St
0.32 miles
59 St
0.44 miles
Lexington Av/59 St
0.44 miles

Citi Bike

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

Contact Agent

Contact Agent

Andreas Mann
Douglas Elliman

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: 69952