#RLS20005591, Christopher B Palminteri, Listing Office: Simple Real Estate

245 E 54th St Unit 17St New York City, NY 10022
Property details
About 245 E 54th St Unit 17St
Oversized 1BR + 2 Bath + Home Offices | Convertible 2BR Opportunity Asking: $999,000 Approx. 1,200 sq ft | North & West Exposures This is a rare opportunity to purchase a spacious, quiet, corner combination unit in the heart of Midtown East—priced below $1M and offering tremendous upside potential. With over 1,200 square feet of living space, two full bathrooms, dual home office areas, and multiple storage spaces, including a massive walk-in closet, this home lives like a 2-bedroom and can be converted to one in the future with ease. The expansive layout features a gracious open-concept living and dining area with north-facing light, custom built-ins, and honey oak engineered wood flooring. The windowed kitchen—a rarity in Manhattan co-ops—faces west and includes Bosch and GE appliances, a water-and-ice dispensing refrigerator, and generous cabinetry. The west-facing bedroom suite is generously sized and located behind elegant frosted-glass French doors and includes a seating/office area, an en-suite bath, and a walk-in closet that rivals the storage of a suburban home. Both bathrooms have been fully renovated with porcelain finishes and stylish fixtures. Freshly painted in 2023 and shown fully staged, the apartment feels bright, open, modern and immediately livable—yet offers incredible flexibility for a future reconfiguration. A proposed 2BR layout is available for review. Estimated renovation cost: ~$75,000. Why This is a Smart Buy: - Comparable 2BR/2BA units in the building currently sell at $1,195,000 - This home offers the same footprint, with the chance to customize on your timeline - Priced to sell—and priced to grow in value after a 2BR conversion The Brevard – Full-Service Co-op with Strong Financials: - 24-hour doorman and concierge - Renovated rooftop deck with skyline views - Resident laundry on 2nd floor - On-site parking garage with discounted resident rates - Pet friendly (2 pets max under 15 lbs each) - Pied-à-terre and sublets permitted (with fee) - Excellent transportation access: E, M, 4, 5, and 6 subway lines within a 2-block radius Don’t miss the chance to own a high-floor, corner unit in a prime location with room to grow, priced well below market comps. Due to the uniqueness of this opportunity, prices are non-negotiable and final. Whether you're upsizing, downshifting, or investing, this apartment delivers unmatched space and flexibility for under $1M. *All dimensions and square footage in floorplans are approximate.
Highlights
Summary
- MLS Number: RLS20010820
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Listing Agent: Boris Sharapan Fabrikant
- Agent Phone: (917) 324-0906
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Last updated on: 4/26/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,000
245 E 54th St Unit 17St
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Price information
Property sales
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Tax history
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Nearby schools
8
P.S. 59 Beekman Hill International School
Public District KG-5
0.1 mi
•231 E 56th St # 249
9
P.S. 267 East Side Elementary School
Public District KG-5
0.5 mi
•213 E 63rd St
8
P.S. 183 Robert L. Stevenson School
Public District KG-5
0.7 mi
•419 E 66th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $96,284. Typical income of New York City, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 245 E 54th St Unit 17St
This home is located at 245 E 54th St Unit 17St in New York City, NY and zip code 10022 in the Midtown East neighborhood. This 1,200 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $999,000.
In March 2025 more than 180 listings in New York City, NY were sold above the asking price. During the same period more than 763 listings were sold at asking price, while more than 693 were sold below. The number of listings in New York City, NY increased by 5.1% between February and March 2025. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.