The Sherwood is an 11-story, 55-unit cooperative originally completed in 1924 and located at 340 West 55th Street. Its address puts it close to Central Park, Time Warner Center, Hell's Kitchen's Restaurant Row, and the Whole Foods and transportation options of Columbus Circle. A part-time doorman and live-in superintendent are on staff, and amenities include a gym with sauna, a meeting room, a bike room, a laundry room, storage, and a planted roof deck with grilling stations and jaw-dropping views.
Subletting is permitted after two years of ownership for two out of every five years thereafter. Guarantors, pied-a-terres, and pets are permitted.
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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.