--- title: "237 East 54th Street #2B, New York City, NY 10022" description: "237 East 54th Street #2B, New York City, NY 10022 — Sutton Place, New York City, NY. Listing Price $355,000. Price Reduced: Reduced $20,000 (5.3%) from $375,000 on July 28, 2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $5,325 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/237-east-54th-street-b-2B-ny-10022" source: "Real Estate Rebate Team" dateModified: "2026-09-21T19:30:42.576Z" status: "Active" --- # 237 East 54th Street #2B, New York City, NY 10022 Sutton Place, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 21, 2026, 3:30 PM ## At a Glance - **Listing Price**: $355,000 - **Price Reduced**: Reduced $20,000 (5.3%) from $375,000 on July 28, 2026 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $715 / mo - **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**: $355,000 - **Illustrative Buyer Commission Share**: -$5,325* - **Illustrative Net Cost**: $349,675 *Illustrative Buyer Savings of $5,325 — 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 (6) ![237 East 54th Street #2B, New York City, NY 10022 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6d1c0a2-50dc-4457-b0e8-8ca68efb3a57.jpg) ![237 East 54th Street #2B, New York City, NY 10022 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b15727d-eb96-4d88-b5be-059524e6f367.jpg) ![237 East 54th Street #2B, New York City, NY 10022 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7248239-8d58-4149-a39c-fe24990ea304.jpg) ![237 East 54th Street #2B, New York City, NY 10022 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c40d57c1-1b44-4df9-b5b0-5a728c554603.jpg) ![237 East 54th Street #2B, New York City, NY 10022 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/87326594-775f-4ae2-9dcd-ca3768856898.jpg) ![237 East 54th Street #2B, New York City, NY 10022 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/472b5a87-5051-4c2e-b1bc-cc89ea6db584.jpg) ## Property Overview Unlimited subletting after 2 years ownership. Welcome to 237 East 54th Street, 2B, an exquisite studio apartment situated in the vibrant heart of Manhattan. This meticulously renovated residence exemplifies contemporary living, featuring versatility, comfort, and an enviable location in one of New York City's most desirable neighborhoods. Discover the distinctive charm of this home, accentuated by custom elements. The expansive floor-to-ceiling closets offer ample storage, while a built-in window seat provides a serene view of the beautifully landscaped backyard gardens. Both of these features can be removed to enhance the living space, showcasing the apartment's adaptability. The kitchen is a contemporary masterpiece, equipped with stainless steel appliances, an electric stovetop, a convection microwave oven, and a functional layout. A space-saving Murphy bed with a queen-size mattress adds both comfort and efficiency. Additional highlights of the apartment include exquisite hardwood flooring and tailored dimmable lighting that elevate the overall appeal. There is potential for a washer/dryer in the adjacent closet, pending co-op approval, enhancing the convenience of urban living. Ideally located within walking distance to Central Park, museums, dining establishments, shopping venues, and Fifth Avenue boutiques, this residence offers unparalleled access to amenities. Local conveniences, including Whole Foods and Equinox, are conveniently positioned across the street, while the newly constructed East River Greenway is just moments away. Commuting is effortless with the E, 4, 5, 6, and M subway lines, along with CitiBike docks situated nearby. Enjoy the benefits of low monthly maintenance fees and the opportunity to sublet after a two-year residency. This well-managed co-op boasts strong financials and offers more than mere living space; it provides a coveted lifestyle. Whether you are looking for a permanent home or a pied-à-terre (available on a case-by-case basis), this studio presents endless opportunities. Contact us today to arrange a viewing and immerse yourself in the allure of Manhattan living. Don't miss out on this remarkable opportunity-schedule your private showing today. Some photos have been virtually staged. ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Stories**: 4 - **Year Built**: 1900 - **Common Charges**: $715 / Monthly - **Listed On**: Mar 4, 2026 - **Days on Market**: 215 Days ### Residence Features - Washer Hookup - Separate/Formal Dining Room - Washer Dryer Allowed - City ## Estimated Monthly Payment **$2,510 / month**, assuming a 20% down payment ($71,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,795 - **Common Charges**: $715 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 3 apartments at 237 East 54th Street have recorded sales since October 2021, the most recent for $340,000 in January 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 2B (Apartment) | Studio | $340,000 | January 16, 2026 | City record · MLS | | 3C (Apartment) | Studio | $268,000 | May 12, 2025 | City record · MLS | | 3D (Apartment) | Studio | $300,000 | August 14, 2024 | 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 - **This home**: $355,000 - **Median sold price**: $300,000 - **Difference**: +$55,000 (+18.3%) - **Comparable sales**: 3 - **Sales from**: August 2024 – January 2026 - **Middle half of those sales**: $284,000 – $320,000 Based on studio sales at 237 East 54TH Street. Square footage is recorded for only 0 of these 3 sales (0%), 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. ### How these sales were negotiated - **Sale-to-list price**: 97.5% (3 sales) - **Sold below asking**: 67% (3 sales) - **Typical time to find a buyer**: 103 days (3 sales) - **Typical time to close**: 102 days (3 sales) Based on studio sales at 237 East 54TH Street with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, co-op studio sales in Sutton Place | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $443,000 | 30 | | 2018 | $421,250 | 18 | | 2019 | $410,000 | 17 | | 2020 | $406,750 | 18 | | 2021 | $350,000 | 45 | | 2022 | $417,500 | 52 | | 2023 | $425,000 | 24 | | 2024 | $431,500 | 26 | | 2025 | $372,000 | 24 | | 2026 YTD | $432,500 | 14 | Based on recorded co-op studio sales in Sutton Place. 2026 is year-to-date. Sales data through January 2026. 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 237 East 54TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/237-east-54th-street) ## Price and Property History for 237 East 54TH Street, Unit 2B Review the recorded listing activity for 237 East 54TH Street, Unit 2B, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $20,000, or 5.3%, on July 28, 2026 - **Originally listed**: March 4, 2026 at $375,000 - **Current asking price**: $355,000 - **Last sold (recorded)**: $340,000 on January 16, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 21, 2026 | $355,000 | Returned to the market | | September 4, 2026 | $355,000 | Listing removed from the market | | July 28, 2026 | $355,000 | Asking price reduced by $20,000, or 5.3% | | March 4, 2026 | $375,000 | Listed for sale by Douglas Elliman Real Estate | | January 16, 2026 | $340,000 | Sold — recorded sale price | | October 6, 2025 | $340,000 | Entered contract | | May 31, 2025 | $340,000 | Returned to the market | | March 13, 2025 | $395,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 16 apartments. The corporation’s 2026 property tax bill was $112,476 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 237 East 54TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/237-east-54th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 237 East 54th Street Sutton Place · Stock Cooperative 237 East 54th Street, New York, NY 10022 A building in Sutton Place, currently featuring 1 active listing. - **Year Built**: 1900 - **Active Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/237-east-54th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/237-east-54th-street-b-2B-ny-10022) | Studio | 1 | — | — | $355,000 (-5.3%) | Douglas Elliman Real Estate | Mar 4, 2026 | 214 days | ## 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 - [237 East 54TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/237-east-54th-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.