Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $425,000

Listed at $450,000 · Sold 5.6% below asking · Closed September 27, 2023

240 E 55TH Street #11H
Closed For Sale Co-op

$450,000

240 E 55TH Street #11H

Sutton Place, Manhattan

MLS® #RLS10937171

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1959
Ownership Co-op
Maintenance $1,379/mo
Parking Garage
Neighborhood Sutton Place
Floor 11 of 14

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 11 of 14
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1959
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 1328-0030-00240-000-000011H
Block/Lot 01328/0030

Listing History

Event Date Price Change
Listed Mar 8, 2023 $499,000 -
Price Reduced May 18, 2023 $485,000 -2.8%
Currently May 28, 2026 $450,000 -7.2%

Description

Serious Seller, PRICED TO SELL!!! Perched on a high floor this dual-exposure alcove studio boasts open sky, sunlight and city views and is in move-in renovated condition. Upon entering the home, you are struck by the brilliant natural light pouring in from the five windowed southern exposure. Featuring a windowed bathroom and kitchen, this home boasts coffered ceilings, beautiful sunlight, generous closets, and the possibility to convert the alcove to a separate bedroom. The kitchen features a full sized stainless steel refrigerator, dishwasher, and full sized four burner stove with plenty of counter space. The 23 x 12 living room provides ample space for a dining table, while still allowing space for a comfortable living room. The windowed bathroom features floor to ceiling marble tile, a European glass shower door, a rain shower head as well as wood and polished chrome fixtures.


240 East 55th Street is a co-operative building located between Second and Third Avenues, sitting on the border of quiet and residential Sutton Place. Transportation options are plentiful with numerous subway lines and crosstown buses. There is a full time, live-in superintendent, and two part-time doorpersons. Liberal sublet policy after one year of residence, subject to board approval. Sorry no dogs.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Roof Deck

Building Amenities

Elevators Storage

Building Information

Building Data View Compliance & Permits
Total Units 97
Stories 14
Structure HighRise

Financial Details

Maintenance $1,379/mo
Original Price $499,000
Sale Price $425,000
Previous Price $485,000

Sutton Place is a secluded and established residential pocket known for its low-traffic elegance and stunning East River views. This neighborhood offers a 'small-town' feel within the city, defined by its private parks and classic architecture. The housing stock is predominantly composed of grand, white-glove cooperatives, many of which feature expansive layouts and historic details that appeal to discerning buyers seeking privacy.

Sutton Place Live Market Data

View Neighborhood

Active Listings

271

Median Asking Price

$1.13M

Median $/Sqft

$1,054

Avg Days on Market

N/A

New This Week

16

Price Reduced

40%

Sold (30 Days)

18

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/28/26, 5:49 PM EST

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Location

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240 E 55TH Street #11H, Sutton Place, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1998
Year Built
28 years old
5
Floors
32
Residential Units
R6B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,799,550
Land Value: $450,900
Exemptions: $0

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

Lot Area: 10,017 SF
Building Area: 36,500 SF
Built FAR: 3.64
Allowed FAR: 2

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 $1,379 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1959, making it approximately 67 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: No dogs! Cats only,Building Pets Allowed Comments:No dogs! Cats only. Contact the listing broker for weight limits or breed restrictions.

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: RLS10937171
First Listed: 3/8/2023
On Market: 3/8/2023
Price Changed: 5/18/2023
Closed: 9/27/2023
Contract Date: 3/8/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Madeline Faber

Listing Contact: (212) 381-3256

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 5/28/2026 at 9:49 PM UTC

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