---
title: "227 East 57th Street #5-D, New York City, NY 10022"
description: "227 East 57th Street #5-D, New York City, NY 10022 — Midtown East, New York City, NY. Listing Price $629,000. 2 bed, 1 bath, 790 sqft Illustrative Buyer Commission Share of $9,435 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street--d-5D-ny-10022"
source: "Real Estate Rebate Team"
dateModified: "2026-08-31T16:42:27.326Z"
status: "Active"
---

# 227 East 57th Street #5-D, New York City, NY 10022

Midtown East, New York City, NY

Courtesy of William Raveis New York City LLC

Last updated: August 31, 2026, 12:42 PM

## At a Glance

- **Listing Price**: $629,000
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 790
- **Common Charges**: $1,874 / mo
- **Price per Sqft**: $796
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $629,000
- **Illustrative Buyer Commission Share**: -$9,435*
- **Illustrative Net Cost**: $619,565

*Illustrative Buyer Savings of $9,435 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (8)

![227 East 57th Street #5-D, New York City, NY 10022 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b7235a7-ce05-4611-835a-4e9ffd166780.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc9e6eb9-c261-4f79-bf95-dcc36d1e45db.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/41b03036-860f-4073-adb4-8f94d8429912.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14c788b9-e4c6-48b1-b2e4-9189fc4faaba.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/770d101a-0de5-41ec-a98c-993ce6e0964d.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c11e57c-bfde-4c5f-9fd9-f3aa09acb077.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/737b6324-fa5e-4cf5-9fd9-2251716dfd36.jpg)
![227 East 57th Street #5-D, New York City, NY 10022 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4ffd49df-aa9b-4510-8468-e42608e06d12.jpg)

## Property Overview

Welcome Home to Classic Manhattan Living

The coveted D-line is known for being the largest one-bedroom layout in this charming Midtown Manhattan cooperative.

Local Law 11 was completed last year, and the building's gas risers were updated this year.

Enjoy the good life in this quiet, light-filled one-bedroom, one-bathroom residence featuring an additional room perfect for a home office, den, or guest space. With both southern and northern exposures, this unique home offers an abundance of natural light and exceptional flexibility.

Located at 227 East 57th Street, a charming red-brick prewar building originally constructed as a hotel in 1930 and converted to a cooperative in the 1980s, this residence blends historic character with modern conveniences. The building features a newly renovated Art Deco-style lobby, updated hallways, and timeless architectural details throughout.

Residents enjoy a full suite of amenities including a full-time doorman, live-in superintendent, bike room, laundry room, additional storage, and a pet-friendly atmosphere.

Conveniently situated directly across from Whole Foods and just moments from major transportation, premier shopping, and acclaimed restaurants, the location offers the very best of Manhattan living.

The apartment features:

Entry foyer with coat closet
Spacious south-facing living room
Separate office, den, or guest room
Bright king-sized bedroom with excellent natural light throughout the day
Windowed kitchen
Windowed bathroom

As a former owner and resident of the building, I am happy to provide insight into the cooperative's policies, financials, and day-to-day living experience. Whether by phone, text, or email, I am available to answer questions not only about this home but also about the wonderful community at 227 East 57th Street.

I look forward to introducing you to the space, location, and opportunity this special home offers—all within a well-managed, full-service, and very pet-friendly prewar cooperative. The building allows unlimited subletting after just one year of ownership and permits pied-à-terre purchases and co-purchases.

This is a rare opportunity not only to own a wonderful Manhattan home but also to become part of the welcoming 227 East 57th Street community.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 790 sqft
- **Stories**: 20
- **Year Built**: 1930
- **Price per Sqft**: $796
- **Common Charges**: $1,874 / Monthly
- **Listed On**: Jun 6, 2026
- **Days on Market**: 93 Days

### Residence Features

- Window Unit(s)
- Building Washer Dryer Install Allowed
- Building Multiple Locations
- Common Area
- Building Storage
- Dining Area
- Entrance Foyer
- Kitchen Window
- City

## Sales Evidence

### Recent closed sales

16 apartments at 227 East 57th Street have recorded sales since September 2021, the most recent for $950,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8CD](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-8cd-ny-10022) (Apartment) | 2 | 1,444 | $950,000 | $658/ft² | August 3, 2026 | MLS |
| 19C (Apartment) | 1 | — | $612,500 | — | June 26, 2026 | MLS |
| 8B (Apartment) | 1 | 771 | $580,000 | $752/ft² | June 16, 2026 | City record · MLS |
| 17A (Apartment) | — | — | $489,000 | — | June 15, 2026 | City record |
| 11FH (Apartment) | — | — | $995,000 | — | January 20, 2026 | City record |
| 18BF (Apartment) | 3 | — | $1,147,500 | — | November 10, 2025 | MLS |
| 12EG (Apartment) | 3 | — | $1,375,000 | — | October 29, 2025 | City record · MLS |
| 6C (Apartment) | 1 | — | $470,000 | — | April 10, 2025 | City record · MLS |
| 14-B (Apartment) | 1 | 650 | $450,000 | $692/ft² | January 31, 2025 | City record · MLS |
| 2D (Apartment) | 1 | — | $400,000 | — | June 4, 2024 | City record · MLS |
| 4-H (Apartment) | 1 | — | $500,000 | — | August 28, 2023 | City record · MLS |
| 7G (Apartment) | 1 | — | $450,000 | — | June 15, 2023 | City record · MLS |
| 9D (Apartment) | — | — | $535,000 | — | May 26, 2023 | City record |
| 5-B (Apartment) | 1 | — | $420,000 | — | February 14, 2023 | City record · MLS |
| 19C (Apartment) | — | — | $489,000 | — | November 12, 2021 | City record |
| 20-B (Apartment) | 1 | — | $422,500 | — | November 8, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op two-bedroom sales in Midtown East is $1,162,500, based on 32 sales between September 2024 and May 2026. This home is asking $629,000, $533,500 below that median. The middle half of those sales closed between $872,500 and $1,385,500.

- **Median closed price**: $1,162,500
- **Middle half**: $872,500 – $1,385,500
- **Based on**: 32 co-op two-bedroom sales in Midtown East
- **Period**: September 2024 – May 2026

Square footage is recorded for only 9 of these 32 sales (28%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 31 of these sales with a published asking price, the median closed at 98% of what it originally asked. 58% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown East instead.

### How these sales were negotiated

- **Sold vs original ask**: 98% of the original ask
- **Closed below ask**: 58% of 31 sales
- **Listed → in contract**: 60 days (about 9 weeks)
- **In contract → closed**: 89 days (about 13 weeks)

Across the 31 of these sales with a published asking price, the median closed at 98% of what it originally asked. 58% of them closed below the original ask.

Half of these homes were in contract within 60 days (about 9 weeks) of coming to market, based on the 30 with a recorded listing date.

Once a deal was agreed, closing took a further 89 days (about 13 weeks), based on the 31 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 32 co-op two-bedroom sales in Midtown East, September 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op two-bedroom sales in Midtown East, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $1,108,500 | 18 |
| 2018 | $970,000 | 15 |
| 2019 | $1,167,500 | 12 |
| 2020 | $1,111,250 | 10 |
| 2021 | $995,000 | 21 |
| 2022 | $1,230,000 | 17 |
| 2023 | $1,100,000 | 12 |
| 2024 | $1,088,750 | 12 |
| 2025 | $1,172,500 | 18 |
| 2026 | $1,250,000 | 13 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Midtown East instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 227 East 57TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-east-57th-street)

## Price and Property History for 227 East 57th Street, Unit 5-D

Review the recorded listing activity for 227 East 57th Street, Unit 5-D, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $26,000, or 4%, on August 31, 2026
- **Originally listed**: June 6, 2026 at $655,000
- **Current asking price**: $629,000
- **Last sold (recorded)**: $640,000 on September 13, 2016

| Date | Price | Listing event |
| --- | --- | --- |
| August 31, 2026 | $629,000 | Asking price reduced by $26,000, or 4% |
| June 6, 2026 | $655,000 | Listed for sale by William Raveis New York City LLC |
| September 13, 2016 | $640,000 | Sold — recorded sale price |
| March 5, 2016 | $675,000 | Listed for sale by The Corcoran Group |
| March 27, 2013 | — | Sold |
| October 12, 2012 | $585,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 118 apartments. The corporation’s 2026 property tax bill was $1,254,135 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 227 East 57TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-east-57th-street)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 227 East 57th Street

Sutton Place · Stock Cooperative

227 East 57th Street, New York, NY 10022

A building in Sutton Place, currently featuring 5 active listings.

- **Year Built**: 1930
- **Total Units**: 5
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-east-57th-street)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5-D](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/227-east-57th-street--d-5D-ny-10022) | 2 | 1 | 790 sqft | $796 | $629,000 (-4.0%) | William Raveis New York City LLC | Jun 6, 2026 | 93 days |
| [16G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-g-16G-ny-10022) | 2 | 2 | 1,200 sqft | $854 | $1,025,000 (-4.7%) | Corcoran Group | Nov 12, 2024 | 664 days |
| [11-F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-11f-ny-10022) | 3 | 2 | — | — | $1,095,000 (-8.4%) — In contract | William Raveis New York City LLC | Jul 1, 2025 | 433 days |
| [9H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-h-9H-ny-10022) | 1 | 1 | — | — | $475,000 — In contract | MAGNETIC | Jan 5, 2026 | 245 days |
| [8CD](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-8cd-ny-10022) | 2 | 2 | 1,444 sqft | $658 | $950,000 | Brown Harris Stevens Residential Sales LLC | Apr 30, 2026 | 130 days |

## Estimated Monthly Payment

**$5,055 / month**, assuming a 20% down payment ($125,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,181
- **Common Charges**: $1,874

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Midtown East

Overview of Midtown East

[Explore Midtown East](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Midtown East

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [227 East 57TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/227-east-57th-street)
- [Midtown East neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
