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240 East 55th Street is a post-war cooperative in a convenient location with various amenities nearby. The building offers part-time doorman service, a live-in superintendent, laundry facilities, and storage, but only allows cats as pets. Currently, 2 apartments are for sale.
240 East 55th Street is a 14 story, 99 apartment post-war cooperative completed in 1960, with a white brick mid-block façade. Broad window bands and angled terraces shape its exterior; a top floor residence opens onto a 300 square foot terrace with south and west city views.
Layouts range from alcove studios and junior one bedroom homes to larger combined residences. Many have wall to wall windows and substantial closet storage, while several corner and high floor layouts have dual exposures. South facing apartments often overlook open city views.
The building has a part time doorman, live-in superintendent, central laundry room, resident storage, bike room, garden, and outdoor entertainment space. Ownership policies permit pied-à-terre use and case by case co-purchasing, while unlimited subletting is allowed after one year of ownership with board approval. Financing is permitted up to 75 percent, and there is no flip tax.
The address occupies the Midtown East edge of Sutton Place, with P.J. Clarke's at Third Avenue on the same block and Whole Foods two blocks north. The Lexington Avenue/53rd Street station serves the E and M trains, while Greenacre Park, Central Park, and the East River Esplanade are also in the surrounding area.
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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.
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