321 East 54th Street is an 11-story pre-war building constructed in 1929 and converted to a cooperative in 1981. The handsome red-brick structure features distinctive architectural elements including a canopied entrance with a six-step-down vestibule, two-story rope pillar surrounds, tall arched windows, and Hellenic-style bas-reliefs on the second story. The building contains 101 apartments, typically featuring 9-foot beamed ceilings and hardwood floors.
The building offers residents a part-time doorman service (3pm-11pm daily), a live-in super, a landscaped roof deck with city views, laundry facilities, bike storage, and rental storage units. The co-op maintains flexible policies, allowing pied-à-terres, parent purchases for children, and unlimited subletting after two years of ownership with board approval.
Situated on a quiet, tree-lined street in the Sutton Place/Midtown East area, the building enjoys proximity to several parks, including the East River Greenway. The location offers convenient access to numerous amenities, including Whole Foods, Trader Joe's, and various fitness facilities. While crosstown bus service is excellent, subway access requires a few blocks' walk, though Grand Central Terminal is within walking distance.
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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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