--- title: "227 East 57th Street #16G, New York City, NY 10022" description: "227 East 57th Street #16G, New York City, NY 10022 — Sutton Place, New York City, NY. Listing Price $1,025,000. 2 bed, 2 bath, 1,200 sqft Illustrative Buyer Commission Share of $15,375 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/227-east-57th-street-g-16G-ny-10022" source: "Real Estate Rebate Team" dateModified: "2026-08-31T04:08:37.033Z" status: "Active" --- # 227 East 57th Street #16G, New York City, NY 10022 Sutton Place, New York City, NY Courtesy of Corcoran Group Last updated: August 31, 2026, 12:08 AM ## At a Glance - **Listing Price**: $1,025,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,200 - **Common Charges**: $4,075 / mo - **Price per Sqft**: $854 - **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**: $1,025,000 - **Illustrative Buyer Commission Share**: -$15,375* - **Illustrative Net Cost**: $1,009,625 *Illustrative Buyer Savings of $15,375 — 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 (10) ![227 East 57th Street #16G, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1b78014-3c98-4153-bff3-42d3ee2d5862.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ddf6dcdc-b78e-4e77-ab0b-32c350a0214d.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c5b13a77-c637-4c94-b624-f316011b00ec.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/96d485af-6760-45c7-9d9a-eab67ad1bd09.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/faf820d8-b437-4168-9883-ad3a4419cc97.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cd03b6d3-e0eb-4204-b7ae-d00e38139625.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1bf5fcc6-ba76-455f-8f6a-856f17a5c305.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aaa352ea-b26d-4c7d-8166-cf26c5a1ebb1.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7a59ced0-637d-4271-91b9-dfab49e8287f.png) ![227 East 57th Street #16G, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a44b83c8-c2ee-4af4-a767-7824242da692.png) ## Property Overview 227 East 57th Street Apartment 16G - Sutton Place The perfect opportunity awaits in this most charming 2 Bedroom and 2 Bathroom Coop on East 57th Street - with incredible skyline views! Welcome to 227 East 57th Street, a 1931 Pre-War Art Deco Coop consisting of 118 Apartments and residing on one of the most convenient locations on East 57th Street - Sitting at the crossroads of Sutton Place and Billionaires Row. Apartment 16G consists of 2 Bedrooms and 2 Bathrooms, on an elevated floor, providing excellent light and open views over Manhattan, which sets this apartment aside from the rest. Enjoy this amazing space as-is with some TLC and your belongings - or bring your architect and create your ideal Manhattan Dream Home. As you enter the apartment, the elegant Entry Foyer contains a coat closet and is large enough for various needs, including an entry table and Mirror, and plenty of wall space for displaying your artwork and photographs. Leading into the Living Room and Kitchen, you are immediately drawn to the oversized windows and skyline views looking to the North. The Corner Living Room is of ample size and currently contains a built in Windowed Dining Area, with adjoining Bookcases, and can accommodate various furniture layouts. There are three Windows in the LR, two looking to the North, and the oversized window in the Dining Area facing West. The Kitchen also features two oversized Windows looking to the North overlooking manhattan, and is large enough to accommodate an eat-in breakfast table - giving the apartment two separate cozy dining areas. The oversized Kitchen also currently comes complete with a Dishwasher, Gas Stove, Stainless Steel Refrigerator, and a full size WASHER and DRYER. Both Bedrooms are located in the Eastern portion of the apartment, providing a sense of quiet and calm, and are separated by both Bathrooms - giving each sleeping space a sense of Privacy. The Primary Bedroom is oversized, and can accommodate a full Bedroom layout with King Bed plus a Home Office Space. There are Two Windows, one looking to the North, and the third looking to the East, which is also adorned with surrounding bookcases. The Primary Bedroom comes complete with two oversized closets, which can be built out to maximize their full storage capabilities. The Primary Bathroom is windowed and exudes old school New York Charm, including its original Tub, Pedestal Sink, and the forever iconic Pre-War tile design. The Guest Bedroom is also of ample size, and can suit various needs, depending on the end user - from being a large Guest/Second Bedroom, to a separate Home Office or Library/Den. This Bedroom is En-Suite and contains an oversized Window looking to the North, as well as a large closet. The Bathroom consists of a Stall Shower, Pedestal Sink, and also contains a window looking to the East. Hardwood Floors and Great Ceiling Heights abound throughout the Apartment. 227 East 57th Street is conveniently located directly across the street from Whole Foods, and is also around the corner from Trader joes - providing multiple grocery options in addition to being in close proximity to of some of New York City's most famous restaurants and eateries. This location also provides easy access to multiple subway lines, the famous boutiques of East 57th Street and Madison Avenue, as well as the gateway to Central Park and the Sutton Place Waterfront. The beautiful Art Deco Lobby retains a full time Doorman, and this coop has a live-in Super, Elevator, extra Laundry Room and Storage in the basement. There is currently a waitlist for the storage. This Coop is Pet Friendly, and co-purchases and Pied a Terres are also permitted on a case-by-case basis. This building also has a very generous subletting policy, where any new buyer can rent out the apartment after One Year of living in the Unit as their primary residence. What more could you want within a Coop on East 57th Street! Please call me now to discuss all of the details and to arrange your viewing of this wonderful apartment and opportunity. Flip Tax: $2.37 per share - Apartment 16G contains 1,674 shares. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,200 sqft - **Stories**: 20 - **Year Built**: 1931 - **Price per Sqft**: $854 - **Common Charges**: $4,075 / Monthly - **Listed On**: Nov 12, 2024 - **Days on Market**: 669 Days ### Residence Features - Building In Basement - Washer Hookup - In Unit - Dishwasher - Washer Dryer Allowed - City Lights - 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 Sutton Place is $1,150,000, based on 109 sales between September 2024 and July 2026. This home is asking $1,025,000, $125,000 below that median. The middle half of those sales closed between $985,000 and $1,325,000. - **Median closed price**: $1,150,000 - **Middle half**: $985,000 – $1,325,000 - **Based on**: 109 co-op two-bedroom sales in Sutton Place - **Period**: September 2024 – July 2026 Square footage is recorded for only 45 of these 109 sales (41%), 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 101 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 80% 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 Sutton Place instead. ### How these sales were negotiated - **Sold vs original ask**: 95.1% of the original ask - **Closed below ask**: 80% of 101 sales - **Listed → in contract**: 104 days (about 15 weeks) - **In contract → closed**: 92 days (about 13 weeks) Across the 101 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 80% of them closed below the original ask. Half of these homes were in contract within 104 days (about 15 weeks) of coming to market, based on the 102 with a recorded listing date. Once a deal was agreed, closing took a further 92 days (about 13 weeks), based on the 102 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 109 co-op two-bedroom sales in Sutton Place, September 2024 – July 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 Sutton Place, 2016 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 | | --- | --- | --- | | 2016 | $998,000 | 15 | | 2017 | $1,278,000 | 54 | | 2018 | $1,150,000 | 54 | | 2019 | $1,150,000 | 45 | | 2020 | $1,085,000 | 43 | | 2021 | $1,192,500 | 76 | | 2022 | $1,171,500 | 72 | | 2023 | $1,120,000 | 76 | | 2024 | $1,198,000 | 55 | | 2025 | $1,125,000 | 64 | | 2026 | $1,097,500 | 28 | 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 Sutton Place 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 16G Review the recorded listing activity for 227 East 57TH Street, Unit 16G, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 4.7%, on July 10, 2025 - **Originally listed**: November 12, 2024 at $1,075,000 - **Current asking price**: $1,025,000 - **Last sold (recorded)**: $830,000 on December 31, 2012 | Date | Price | Listing event | | --- | --- | --- | | September 1, 2025 | $1,025,000 | Returned to the market | | July 10, 2025 | $1,025,000 | Asking price reduced by $50,000, or 4.7% | | November 12, 2024 | $1,075,000 | Listed for sale by Corcoran Group | | December 31, 2012 | $830,000 | Sold — recorded sale price | | March 19, 2012 | $1,050,000 | Listed for sale by The Corcoran Group | ## 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**: 1931 - **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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 669 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 | 438 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 | 250 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 | 135 days | | [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 | 98 days | ## Estimated Monthly Payment **$9,258 / month**, assuming a 20% down payment ($205,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,183 - **Common Charges**: $4,075 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sutton Place Overview of Sutton Place [Explore Sutton Place](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Sutton Place - [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) - [Sutton Place neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place) - [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.