Cumberland House, 30 East 62nd Street - Upper East Side
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Cumberland House, built in 1958, is a 16 story gray brick cooperative at 30 East 62nd Street and Madison Avenue, directly across from the Hermes boutique. The building features a two story limestone base with polished gray granite entrance surround and houses 103 units just one block from Central Park. This full service white glove building offers 24 hour doorman service, a live-in resident manager, and an on-site parking garage.
The building's financial structure sets it apart from typical Manhattan cooperatives. Cumberland House owns valuable commercial retail space along Madison Avenue, which substantially offsets maintenance costs for shareholders. Combined with an electric subsidy, this results in low monthly maintenance fees, and the building permits 50% financing, making it particularly attractive to buyers.
Recent renovations have modernized Cumberland House while maintaining its classic appeal. The building now features a new rooftop gym and rooftop terrace, along with completely renovated lobby and hallways. The building maintains flexible policies allowing pets, pied-à-terre ownership, subletting after five years of ownership, and in-unit washer/dryers.
Apartments range from studios to three bedrooms, with some featuring private terraces and outdoor space. The penthouse offers rare four directional exposures with wrap terraces and Central Park views, while many units feature large windows providing Madison Avenue vistas. The building is close to luxury boutiques including Dolce & Gabbana, Brioni, and Brunello Cucinelli, with restaurants such as Fleming by Le Bilboquet and Casa Cruz nearby. Central Park is just a block away.
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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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