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$590,125
List Price: $595,000
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345 East 57th Street #1B
Coop in Sutton Place •  building info
1bd • 1.5ba • 900ft² $661 per ft²
Buy with Yoreevo

$590,125

List Price

$595,000

Key Details
Days on market
30
Last price change
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Estimated payment
$5,065
Monthly taxes
N/A
Monthly maintenance
$2,244
Description
Welcome to the Maisonette at 345 East 57th Street in the heart of Sutton! This pre-war gem is awaiting its next owner to restore this exceptional apartment into a masterpiece home. The south-facing 4-room residence offers timeless charm and exciting potential and features one bedroom, one and half bathrooms and a separate "bonus" room. As an added benefit, there are existing DOB approvals in place to convert the home's half bathroom into a full bathroom and add an in unit washer and dryer. The layout is as functional as it is elegant. A 12-foot foyer leads to a grand living room featuring oversized windows, a coffered ceiling with intricate plasterwork, and a decorative fireplace. The primary bedroom is equally impressive with two spacious closets and a windowed ensuite bath. The primary bedroom can comfortably fit a king-sized bed with abundant room for additional storage. Adding versatility is a charming bonus room complete with its own windowed bathroom. Whether as a guest suite, home office, or personal study, this space enhances the home's appeal. Just off the bonus room, adjacent to the main entrance, is a well-appointed kitchen area. The current owner has initiated an architect-led restoration, preserving many original details. The plaster walls have been upgraded with a flawless 'Level 5' finish and are painted in Benjamin Moore's 'Simply White.' Original doors, trim, and hardware have been meticulously stripped of 90 years of paint, and the oak floors, in excellent condition, await your custom finish. Bring your vision and contractor to complete the restoration of this remarkable home or reimagine it with a modern touch. This is a rare opportunity to own a residence with over 900 square feet of historic elegance and endless potential, all at an exceptional value and with low monthly costs. 345 East 57th Street is a well-maintained, full-service co-op in the heart of prime Sutton Place. This boutique building offers just 60 residences and features 24-hour doormen, a live-in superintendent, two elevators, a laundry room and a bike room. Residence #1B includes a designated storage locker as well. Pets, pied-a-terre ownership, co-purchasing, parental purchases, and gifting are all permitted. Financing is available up to 75%, with a 2% flip tax split evenly between buyer and seller.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Hardwood floors
Fireplace: Decorative
Building Amenities
Laundry in Building
Bike Room
Concierge
Live In Super
Storage Space
Fios Available
Storage Available
Coop Rules
Pied-a-Terre Allowed
Building info

History
Past Listing Photos
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What it'll cost
Purchase price
$595,000
Asking Price: $595,000
Term
30 Years
Down Payment
$148,000 (25%)
Min: 25% (148,000)
Rate
6.5 %
Mortgage Amount
$446,250
Mortgage Payment
$2,821
Maintenance
$2,244
Estimated Yoreevo rebate
$4,875
Estimated closing cost
$7,000
Total monthly cost $5,065
Buy your dream home with us and get an estimated $4,875 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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