Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $999,000

· Closed September 9, 2025

245 E 54th Street #17ST
Closed For Sale Co-op

$999,000

$833 per sq ft

245 E 54th Street #17ST

Midtown East, Manhattan

MLS® #RLS20010820

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,200

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 1977
Ownership Co-op
Maintenance $2,337/mo
Parking Garage
Neighborhood Midtown East
Floor 1 of 30

Property Highlights

  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 1 of 30
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1977
Living Area 1,200 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 1328-0021-00245-000-00017ST
Block/Lot 01328/0021

Listing History

Event Date Price Change
Listed Mar 21, 2025 $1,149,000 -
Currently May 7, 2026 $999,000 -13.1%

Description

Oversized 1BR + 2 Bath + Home Offices | Convertible 2BR Opportunity Asking: $999,000 Approx. 1,200 sq ft | North & West Exposures This is a rare opportunity to purchase a spacious, quiet, corner combination unit in the heart of Midtown East—priced below $1M and offering tremendous upside potential. With over 1,200 square feet of living space, two full bathrooms, dual home office areas, and multiple storage spaces, including a massive walk-in closet, this home lives like a 2-bedroom and can be converted to one in the future with ease. The expansive layout features a gracious open-concept living and dining area with north-facing light, custom built-ins, and honey oak engineered wood flooring. The windowed kitchen—a rarity in Manhattan co-ops—faces west and includes Bosch and GE appliances, a water-and-ice dispensing refrigerator, and generous cabinetry. The west-facing bedroom suite is generously sized and located behind elegant frosted-glass French doors and includes a seating/office area, an en-suite bath, and a walk-in closet that rivals the storage of a suburban home. Both bathrooms have been fully renovated with porcelain finishes and stylish fixtures. Freshly painted in 2023 and shown fully staged, the apartment feels bright, open, modern and immediately livable—yet offers incredible flexibility for a future reconfiguration. A proposed 2BR layout is available for review. Estimated renovation cost: ~$75,000. Why This is a Smart Buy: - Comparable 2BR/2BA units in the building currently sell at $1,195,000 - This home offers the same footprint, with the chance to customize on your timeline - Priced to sell—and priced to grow in value after a 2BR conversion The Brevard – Full-Service Co-op with Strong Financials: - 24-hour doorman and concierge - Renovated rooftop deck with skyline views - Resident laundry on 2nd floor - On-site parking garage with discounted resident rates - Pet friendly (2 pets max under 15 lbs each) - Pied-à-terre and sublets permitted (with fee) - Excellent transportation access: E, M, 4, 5, and 6 subway lines within a 2-block radius Don’t miss the chance to own a high-floor, corner unit in a prime location with room to grow, priced well below market comps. Due to the uniqueness of this opportunity, prices are non-negotiable and final. Whether you're upsizing, downshifting, or investing, this apartment delivers unmatched space and flexibility for under $1M. *All dimensions and square footage in floorplans are approximate.

Features & Amenities

Interior Features

Built In Features Walk In Closets Common On Floor Common Area Flooring: Hardwood

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 406
Stories 30
Structure HighRise

Financial Details

Maintenance $2,337/mo
Original Price $1,149,000
Sale Price $999,000
Previous Price $1,149,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

234

Median Asking Price

$1.54M

Median $/Sqft

$1,613

Avg Days on Market

N/A

New This Week

9

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$999K

Live data from RLS at REBNY • Updated 5/7/26, 1:06 PM EST

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Location

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245 E 54th Street #17ST, Midtown East, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
M1-2D
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $78,480
Land Value: $16,560
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,753 SF
Building Area: 1,857 SF
Built FAR: 1.06
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,337 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1977, making it approximately 49 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $999,000 for 1,200 sq ft, the asking price per square foot is approximately $833. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20010820
First Listed: 3/20/2025
On Market: 3/21/2025
Price Changed: 4/21/2025
Closed: 9/9/2025
Contract Date: 12/3/2024

Listing Courtesy of Compass - Boris Sharapan Fabrikant

Listing Contact: (917) 324-0906

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 5:06 PM UTC

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