227 East 57th Street is a 20-story pre-war Art Deco cooperative building constructed in 1931 by architects Boak and Paris. The red-brick structure contains 118 units and features distinctive masonry work, select terraces, and a canopied entrance. The building maintains its historic character with an Art Deco lobby featuring marble flooring and original wood-paneled elevators.
The building offers full-service amenities including 24/7 doorman service, a live-in superintendent, bike storage, and a laundry room. Private storage is available for residents, though there is currently a waitlist. The building does not have a garage or health club.
The cooperative maintains resident-friendly policies, including allowing two pets per apartment with no size restrictions. After one year of residency, unlimited subletting is permitted. The building allows parents buying for children, corporate purchases, and case-by-case approval for pied-à-terres, with 80% financing permitted.
Apartments typically feature pre-war details such as beamed ceilings, hardwood floors, and steel casement windows. Many units offer multiple exposures and some include private outdoor spaces. The building's position across from PS59 affords many units more open views than typical for the area.
The location offers exceptional convenience, situated across from Whole Foods and near Trader Joe's and Bloomingdale's. The area provides easy access to both Central Park and the Sutton Place waterfront. Transportation options are abundant, with multiple subway lines nearby including the 4, 5, 6, N, R, Q, E, and M trains, as well as crosstown bus service.
The building's position in East Midtown provides residents with proximity to the business district, medical centers, and numerous dining and entertainment options, while maintaining the charm of its pre-war heritage.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.