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This 7-story cooperative apartment building at 342 East 53rd Street was built in 1958 and has 51 units. The beige-brick building features lush landscaping, a canopied entrance, and is conveniently located near Midtown East and Sutton Place/Beekman Place neighborhoods. Currently, 1 apartment is for sale.
342 East 53rd Street is a seven story, 51 apartment cooperative completed in 1939 on a tree lined Midtown East block. Its most unusual layout is a duplex that places living space on the lower level and sleeping quarters above, with a separate upper entrance and direct access from the lower floor to the shared rear garden. The mid-block building has a beige brick façade, a white stone base, a recessed entrance bay with curved planters, and exterior fire escapes.
The apartment stock ranges from studios to larger combined layouts. Angled entry foyers, dining alcoves, and enclosed or windowed kitchens recur in the floor plans, while hardwood floors and substantial closet storage are typical. Several residences have three or four exposures, and larger combined homes overlook the rear patio.
A two tier courtyard garden forms the principal common space. The building also has on-site laundry, bicycle storage, secure virtual entry, renovated common areas, and a live-in superintendent. The pet friendly cooperative permits co-purchasing, gifting, and pied-à-terre ownership; subletting is allowed with board approval after two years of ownership.
The building is just west of First Avenue, between Midtown East and the Sutton Place and Beekman Place enclave. The 54th Street Recreation Center is one block north, while the East River Esplanade is several blocks east and the United Nations complex is to the south.
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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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