$315,000 $329,000
Updated 4 hours ago
Price drop

321 East 54th Street, 3-D

Sutton Place, Manhattan | Second Ave & First Ave

Studio 1 BathCo-op

$315,000 $329,000
Maintenance$1,114

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Hardwood Floors
  • Moldings
  • Original Details
  • Refinished Floors
  • Microwave
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • East Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Policies


Property Description for 321 East 54th Street, 3-D

Move-In Ready Studio in the heart of Sutton Place Apartment 3D is a charming studio tucked inside a classic pre-war co-op. This home blends timeless charm with modern livability, featuring hardwood floors, original pre-war moldings, stainless steel appliances, and a smart, efficient layout. Located on a picturesque, tree-lined block, 321 East 54th Street offers a part-time doorman (daily, 3–11 PM), live-in superintendent, elevator access, a spacious laundry room, bike storage, and private storage. Unwind after a long day on the building's stunning roof deck, or take a scenic stroll along the East River Esplanade, just steps from your front door. Investors and pied-à-terre buyers take note: this co-op also permits unlimited subletting after only 2 years of ownership (subject to board approval), a rare find in New York City. Beyond your doorstep, this Midtown East enclave puts the best of city living within arm's reach. Grab a workout at Equinox, stock up at Whole Foods or Trader Joe's, and explore an incredible mix of boutiques, cafés, and top-rated restaurants just moments away. Commuters will love the unbeatable convenience of the Lexington Avenue/53rd Street subway station (E, M trains), only a block and a half from home, offering quick access to Midtown, Downtown, and beyond. Schedule your private tour today!

Listing History for 321 East 54th Street, 3-D

Now
09/09/2026
$315,000 [-$14,000] [4.3%]
Price Drop by Avel Arcibal
Compass
09/04/2026
$329,000
Initial Price by Avel Arcibal
Compass

Building Details for 321 East 54th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1929
Financing Allowed80%
Floors/Apts11/101
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.18 miles
51 St
0.33 miles
Lexington Av/59 St
0.39 miles
59 St
0.39 miles

Citi Bike

E 55 St & 2 Ave
0.06 miles
E 54 St & 1 Ave
0.1 miles

Contact Agents

Contact Agents

Licensed As
Olga Khomenets
Salesperson
License#:
10401347267
Company:
Compass
View this property on the company's website

Building Availability

APPSF
Median
Average
$713
$535,000
$463,333
Last 12 months
-
-
-
Last 12 months
-
-
-

Studio in Sutton Place

APPSF
Median
Average
$875
$350,000
$347,000
-
$330,000
$330,000

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: 1526463