Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $365,000

· Closed January 15, 2025

342 E 53rd Street #5G
Closed For Sale Co-op

$365,000

342 E 53rd Street #5G

Midtown East, Manhattan

MLS® #RLS10980274

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1958
Ownership Co-op
Maintenance $965/mo
Neighborhood Midtown East
Floor 5 of 7

Property Highlights

  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 7
Heating Wall Furnace
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1958
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 1345-0031-00342-000-000005G
Block/Lot 01345/0031

Listing History

Event Date Price Change
Listed Apr 2, 2024 $385,000 -
Price Reduced Jan 15, 2025 $379,000 -1.6%
Currently Jun 1, 2026 $365,000 -3.7%

Description

Welcome to this charming co-op located at 342 E 53rd St, Manhattan, NY. This cozy home offers 350 square feet of well-designed space, featuring 1 bathroom and a total of 2 rooms. The building style is low-rise, and the unit boasts beautiful hardwood floors throughout, creating a warm and inviting ambiance. As you step inside, you'll notice the recessed lighting that illuminates the space, creating a bright and airy atmosphere. The kitchen is equipped with a dishwasher, making meal prep and clean-up a breeze. Additionally, the unit includes a convenient walk-in closet, providing ample storage for your belongings. For your comfort, a wall unit provides both heating and cooling, ensuring a pleasant environment year-round. The building is equipped with a voice intercom system, offering added security and peace of mind. Residents also have access to a bike room for convenient storage. 342 East 53rd Street is a financially strong boutique co-op. Guarantors, co-purchasing, gifting, pied-a-terre’s, and pets on a case-by-case basis. Benefit from amenities such as bike storage, common outdoor space, laundry, an elevator, and live-in super. Plus, subletting is permitted after a 2-year ownership period with board approval. Conveniently located near the E/M/6 subways and the 57th Street Crosstown Bus, don’t miss the chance to make Residence 5G your new sanctuary in the heart of Midtown.

Features & Amenities

Interior Features

Recessed Lighting Walk In Closets Common On Floor Common Area Flooring: Hardwood

Appliances

Dishwasher Gas Cooktop Gas Oven

Building Information

Building Data View Compliance & Permits
Total Units 51
Stories 7
Structure MultiFamily

Financial Details

Maintenance $965/mo
Original Price $385,000
Sale Price $365,000
Previous Price $379,000

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

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

8

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 6/1/26, 3:02 PM EST

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Location

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342 E 53rd Street #5G, Midtown East, New York County

Building Information

Official NYC property records for this building

2011
Year Built
15 years old
4
Floors
6
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $715,501
Land Value: $56,701
Exemptions: $415,475

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

Lot Area: 2,000 SF
Building Area: 4,886 SF
Built FAR: 2.44
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 $965 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 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1958, making it approximately 68 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.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS10980274
First Listed: 4/2/2024
On Market: 4/2/2024
Price Changed: 1/15/2025
Closed: 1/15/2025
Contract Date: 3/26/2024

Listing Courtesy of Compass - Justin Martinez

Listing Contact: (917) 336-1526

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 6/1/2026 at 7:02 PM UTC

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