- Year built
- 1913
- Type
- Condominium
- Units
- 29
- Landmark
- Designated
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2014–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,315
- Listing discount
- 5.0%
- Recorded sales
- 33
- On record
- 2014–2025
The Marquand is one of the Upper East Side's most pedigreed pre-war addresses, reborn as a boutique condominium. Completed in 1913 to designs by Herbert Lucas, it rose on the northwest corner of Madison Avenue and 68th Street on the site of the celebrated Henry G. Marquand mansion — a Richard Morris Hunt house built for the second president of the Metropolitan Museum of Art, one of the finest residences in the city in its day. The apartment house that replaced it kept the Marquand name, carried in escutcheons on its limestone-and-buff-brick façade, and the building remains a landmark presence on one of the most valuable corners in Manhattan.
For nearly a century the Marquand operated as a rental. Its 2013 condominium conversion brought a fully reimagined, gut-renovated building to market — pre-war bones and a Madison Avenue address paired with new mechanical systems, restored architecture, and contemporary luxury finishes — at the heart of Lenox Hill's Madison Avenue gallery, boutique, and museum corridor, two blocks from Central Park and steps from the city's premier shopping.
Architecture and unit composition
Herbert Lucas's 1913 design is classic pre-war Upper East Side: a limestone base, buff-colored brick body, and terra-cotta trim, articulated with the period detailing — and the Marquand "M" escutcheons — that mark it on the corner. The eleven-story building was reconfigured in the 2013 conversion into approximately 29 condominium residences, a low-density count that yields large, gracious layouts with the high ceilings, generous proportions, and formal room sequencing of the pre-war idiom, updated with new systems and finishes throughout.
The result is full-floor and near-full-floor scale in several units, with the light and exposures of a corner building over Madison Avenue and 68th Street.
Building operations
The Marquand operates as a full-service boutique condominium with a full-time doorman, attended lobby, concierge, fitness center, and private storage. Pets are permitted under the building rules. With roughly 29 residences carrying full staffing, common charges reflect the service level and the building's restored pre-war systems.
Buyers should review the offering plan, current financials, board minutes, and reserve study during due diligence — standard practice for a pre-war conversion, where the scope and quality of the gut renovation and the adequacy of capital reserves warrant particular attention.
Recent sales
The Marquand trades as a condominium, so pricing is read on a price-per-square-foot basis, and it prices at the top of the Lenox Hill boutique-conversion tier — a Madison Avenue corner, pre-war architecture, full-floor scale, and a famous name combine to push pricing well into trophy territory, with full-floor and penthouse residences reaching eight figures. With only about 29 units, sales are infrequent and highly apartment-specific: floor, exposure, layout, and finish drive the variation. We underwrite each unit against the building's own trades and the broader Madison-and-Fifth pre-war condominium set.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 3, 2025 | 7CE | 2 BR · 2 BA · 1,200 sf | $3,003,838 | $2,503/sf | -14.1% |
| Mar 15, 2023 | 5AE | $1,500,000 | off-mkt | ||
| Aug 31, 2021 | 9DW | 1,172 sf | $8,762,357 | $7,476/sf | off-mkt |
| Aug 18, 2021 | 9EAST | 5 BR · 4.5 BA · 4,595 sf | $20,350,000 | $4,429/sf | -11.5% |
| Jun 15, 2021 | 2W | 5 BR · 5.5 BA · 3,839 sf | $12,750,000 | $3,321/sf | -7.3% |
| Dec 14, 2020 | 7J | 1 BA · 294 sf | $600,000 | $2,041/sf | -7.7% |
| Sep 6, 2019 | PH | 6 BR · 5.5 BA · 7,058 sf | $34,200,000 | $4,846/sf | -5.0% |
| Jul 23, 2019 | PHE | 6 BR · 7 BA · 7,058 sf | $34,200,000 | $4,846/sf | -5.0% |
Market read. Most recent trades (2025) cleared a median $2,315/sf across 1 sale. Median listing discount 5.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jul 28, 2025 | 7J | $695,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01383-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
This is a pre-war conversion at a trophy corner. The 1913 Lucas architecture and the Henry Marquand pedigree are the headline; the 2013 gut renovation is what makes them livable for a modern buyer.
Scale and exposure drive value. Full-floor and corner residences command the premium; confirm exactly what each unit's layout, floor, and light look like.
Full service at boutique scale. Doorman, concierge, gym, and storage in a roughly 29-unit building on Madison Avenue.
Underwrite the conversion properly. Review the offering plan, financials, and reserves with attention to the renovation scope and capital plan, as with any pre-war conversion.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investor, and foreign-buyer use permitted; subletting allowed under the declaration.
What to know if you’re selling
Lead with the address, the architecture, and the name. The Madison-and-68th corner, the Lucas pre-war façade, and the Marquand history are the marketing assets — foreground all three.
Price to the building's own comps and the corridor. With ~29 units, the persuasive evidence is the Marquand's own trades adjusted for floor and exposure, supplemented by the Madison and Fifth pre-war condominium set.
Reach the global trophy buyer pool. Demand for pre-war architecture at this corner is international; marketing should reach cross-border buyers as well as the local Lenox Hill audience.
Comparable buildings
If you're considering The Marquand, also evaluate:
- 45 East 66th Street — landmark pre-war Lenox Hill condominium nearby
- 1 East 66th Street — Fifth Avenue pre-war cooperative for a tenure contrast
- 680 Park Avenue and the Park Avenue pre-war spine a block west
- 44 East 65th Street — Lenox Hill pre-war peer
- 137 East 66th Street — pre-war Lenox Hill building nearby
The Roebling Team at The Marquand
The Roebling Team at Compass specializes in the Upper East Side, Central Park West, and the broader Park-facing Manhattan market — pre-war architecture and boutique conversions in particular. We publish this profile because buyers and sellers of pedigreed pre-war condominiums deserve building-specific intelligence — the architecture, the conversion, and apartment-level pricing — not generic market commentary.
If you're considering a purchase or sale at The Marquand, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
Get the full picture on this building.
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