$355,000 $375,000
Updated a day ago
Price drop

237 East 54th Street, 2-B

Turtle Bay, Manhattan | Third Ave & Second Ave

Studio 1 BathCo-op

$355,000 $375,000
Maintenance$715

Listing Features

  • High Ceilings [12']
  • Murphy Bed
  • Original Details
  • Recessed Lighting
  • Walk-in Closet
  • Wall Mounted TV
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Stall Shower

Outdoor space and views

  • City Views
  • Garden Views
  • North Exposure

Building Amenities

  • Voice Intercom

Policies

  • No Dogs. Cats Allowed.
  • Pieds A Terre Ok

Property Description for 237 East 54th Street, 2-B

Unlimited subletting after 2 years ownership.

Welcome to 237 East 54th Street, 2B, an exquisite studio apartment situated in the vibrant heart of Manhattan. This meticulously renovated residence exemplifies contemporary living, featuring versatility, comfort, and an enviable location in one of New York City's most desirable neighborhoods.

Discover the distinctive charm of this home, accentuated by custom elements. The expansive floor-to-ceiling closets offer ample storage, while a built-in window seat provides a serene view of the beautifully landscaped backyard gardens. Both of these features can be removed to enhance the living space, showcasing the apartment's adaptability. The kitchen is a contemporary masterpiece, equipped with stainless steel appliances, an electric stovetop, a convection microwave oven, and a functional layout. A space-saving Murphy bed with a queen-size mattress adds both comfort and efficiency.

Additional highlights of the apartment include exquisite hardwood flooring and tailored dimmable lighting that elevate the overall appeal. There is potential for a washer/dryer in the adjacent closet, pending co-op approval, enhancing the convenience of urban living.

Ideally located within walking distance to Central Park, museums, dining establishments, shopping venues, and Fifth Avenue boutiques, this residence offers unparalleled access to amenities. Local conveniences, including Whole Foods and Equinox, are conveniently positioned across the street, while the newly constructed East River Greenway is just moments away. Commuting is effortless with the E, 4, 5, 6, and M subway lines, along with CitiBike docks situated nearby. Enjoy the benefits of low monthly maintenance fees and the opportunity to sublet after a two-year residency.

This well-managed co-op boasts strong financials and offers more than mere living space; it provides a coveted lifestyle. Whether you are looking for a permanent home or a pied-à-terre (available on a case-by-case basis), this studio presents endless opportunities.

Contact us today to arrange a viewing and immerse yourself in the allure of Manhattan living. Don't miss out on this remarkable opportunity-schedule your private showing today.

Some photos have been virtually staged.


Listing History for 237 East 54th Street, 2-B

Now
07/28/2026
$355,000 [-$20,000] [5.3%]
Price Drop by Anelisa Benzo
Douglas Elliman
05/18/2026
Price Increase by Anelisa Benzo
Douglas Elliman

Building Details for 237 East 54th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Financing Allowed90%
Floors4
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.07 miles
51 St
0.22 miles
59 St
0.31 miles
Lexington Av/59 St
0.32 miles
5 Av/53 St
0.41 miles

Railroad

Grand CentralLong Island Rail Road
0.44 miles

Citi Bike

E 53 St & 3 Ave
0.08 miles
E 56 St & 3 Ave
0.09 miles

Building Availability

APPSF
Median
Average
-
$355,000
$355,000
Last 12 months
-
-
-
$84
$2,600
$2,600

Studio in Turtle Bay

APPSF
Median
Average
$1,199
$507,500
$482,179
$1,120
$412,500
$414,667

Turtle Bay | Manhattan

Quick Profile

Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.

But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.

Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.

Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds. 

In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.

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: 1626707