444 E 57th St
New York, NY 10022
Investment Sale (Leaseback & 1031 Exchange) · Multifamily Property For Sale · 60 Units

** A GREAT INVESTMENT OPPORTUNITY FOR BUYER TO PURCHASE APARTMENT AND LEASE BACK TO SELLER ** Perfect 1031 exchange to purchase a prewar condo 2BED/2BATH in the prestigious Sutton Place neighborhood. The residence offers a rare blend of historic elegance and modern convenience, making it a remarkable investment opportunity. As you enter the inviting foyer, you are immediately drawn toward the spacious living room, complemented with beautiful wood-shuttered windows that overlook 57th Street. Experience the enchanting neighborhood charm, accentuated by the graceful Honey locust, Norway maple, and Pin oak trees lining the sidewalks. To the right of the foyer, the classic windowed kitchen beckons with its French-paneled door, ample cabinetry, and generous countertop space, perfect for culinary enthusiasts. The welcoming entertainment area boasts a vintage working fireplace, soaring 9.5-foot beamed ceilings, and stunning original hardwood flooring that flows throughout the home. The dining area, positioned in front of quintessential stylistic windows, captures the distinctive allure of the Sutton Place hamlet, providing an ideal setting for gatherings and meals with friends and family. The primary bedroom offers a serene retreat, currently utilized as a spacious home office bathed in natural light, creating a vibrant workspace. This tranquil sanctuary features multiple windows overlooking 57th Street and includes an en-suite bathroom, while the adjacent guest bathroom serves the second bedroom. Both bathrooms are tastefully accented with elegant stone tiling. Living at 444 E. 57th St. means enjoying a full-service building with exceptional amenities, including a 24-hour doorman and concierge service, staffed elevator, bike room, private storage, and a live-in superintendent. Residents also have access to a beautifully landscaped garden, discreetly positioned at the rear of the building. This historic condominium has been home to many renowned celebrities including Marilyn Monroe, Arthur Miller, Bill Blass, and Bobby Short, adding to its storied legacy. Take the time to enjoy the recently introduced East Midtown Greenway promenade, perfect for biking, relaxing, dog walking, and savoring the beauty of the East River. This property presents an excellent investment opportunity to buy and then lease back to Seller. Seize the chance to invest in a historic piece of New York City. Call for more information. Call, text or email for a scheduled visit. **On going capital reserve assessment of $277.08 included in Common Charges.