The Charles (1355 First Avenue)
1355 First Avenue, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1014477502 · BIN 1088591
- Year built
- 2014
- Type
- Condominium
- Units
- 27
- Landmark
- No
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2015–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,521
- Listing discount
- 0.7%
- Recorded sales
- 42
- On record
- 2015–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Charles would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Charles is the slender Upper East Side high-rise built around the full-floor apartment — a 31-story tower whose premise is privacy and view. Completed in 2014 on First Avenue between 72nd and 73rd Streets, the building was developed as a high-rise of largely full-floor residences, so that most owners step off a private elevator landing into a floor-through home with exposures in multiple directions. The result is a contemporary tower that trades the central-avenue address for altitude, light, and the kind of layered city-and-river views that the lower-rise Upper East Side cannot offer.
The location is the eastern Upper East Side at the 72nd Street axis — a few avenues east of the Lexington and Park spines, near the East River esplanade, with the full neighborhood amenity base and the Second Avenue subway within reach. For buyers who want a brand-new, full-floor home with skyline and river views and condominium flexibility, The Charles is one of a small set of options on this side of the neighborhood.
Architecture and unit composition
The 31-story design is a contemporary glass-and-masonry tower organized around full-floor residences — typically one apartment per floor on the tower floors — that open from a private elevator landing into floor-through homes with corner exposures, floor-to-ceiling glass, open kitchens, and the layered views the height affords. The building's headline residence is a multi-floor penthouse; the upper-floor full-floors capture the strongest river and skyline sight lines.
The roughly 27 residences make this a low-density, view-driven building where each apartment is evaluated almost entirely on floor and exposure.
Building operations
The Charles operates as a full-service condominium with a 24-hour attended lobby (with package room and refrigerated storage), a live-in resident manager, a fitness center, residents' lounge, and a children's playroom; apartments carry in-unit washer/dryers. Pets are permitted under the building rules. With roughly 27 residences carrying full staffing and an amenity suite, common charges reflect the service level and the building's new-construction systems.
Buyers should review the offering plan, current financials, board minutes, and reserve study during due diligence — standard practice for a recent-construction high-rise, where façade, mechanical, and amenity reserves warrant attention.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $78,267/yr
- Per unit / month range
- $0 – $242
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
421-a Tax Abatement
- Last year of benefit
- FY2022
- Fully taxed from
- FY2023 (2022–23)
- Program
- 421-a (10-year)
The 421-a benefit has run its term. Taxes on these units have stepped up toward the full assessed amount, so the low carrying cost this building once carried is no longer available. Price from the current tax bill, and treat any comparable sale made while the abatement was still running as a different asset.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2023 runs July 1, 2022 to June 30, 2023. The benefit last appears on the 2022 assessment roll, which is what dates the end of the term.
Management & transfer contacts
- Flip tax
- None shown
- Notable fees
- Buyer working capital contribution = 6 months common charges; $700 app; $200/applicant credit; $2,500 move deposits
Recent sales
The Charles trades as a condominium, so pricing is read on a price-per-square-foot basis, and it prices at the top of the eastern Upper East Side new-development tier — full-floor residences with private-landing layouts and high-floor views command a premium, with the upper full-floors and the penthouse reaching well into eight figures. With roughly 27 units, sales are infrequent and almost entirely floor-and-exposure-driven, and the full-floor format means each apartment is best read against the building's own trades. We underwrite each unit against The Charles's own sales and the broader Upper East Side high-rise condominium set.
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 18, 2026 | 22 | 4 BR · 4 BA · 3,452 sf | $5,250,000 | $1,521/sf | -4.1% |
| Oct 23, 2025 | 8 | 4 BR · 4 BA · 3,135 sf | $5,505,000 | $1,756/sf | +0.1% |
| Sep 19, 2025 | 15 | 4 BR · 4 BA · 3,451 sf | $5,310,000 | $1,539/sf | -6.0% |
| Oct 27, 2023 | 17 | 4 BR · 4 BA · 3,448 sf | $6,820,513 | $1,978/sf | -14.7% |
| Dec 21, 2022 | 6 | 4 BR · 4.5 BA · 3,637 sf | $5,400,000 | $1,485/sf | off-mkt |
| Oct 26, 2020 | 10 | 4 BR · 4 BA · 3,150 sf | $5,700,000 | $1,810/sf | -15.6% |
| Jan 3, 2020 | 25 | 4 BR · 4 BA · 3,458 sf | $6,050,000 | $1,750/sf | -6.9% |
| Jun 19, 2019 | 6 | 4 BR · 4.5 BA · 3,637 sf | $5,400,000 | $1,485/sf | -1.7% |
Market read. Most recent trades (2026) cleared a median $1,521/sf across 1 sale. Median listing discount 0.7% 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.
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 1-01447-7502) 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 the full-floor, view-driven format. Private elevator landings, floor-through layouts, and high-floor light are the building's reason for being — confirm exactly what each floor's exposures and sight lines look like.
Altitude is the value. The Charles trades a central-avenue address for height and views; the upper full-floors carry the premium.
Full service with family-friendly amenities. Attended lobby, live-in resident manager, gym, lounge, and a children's playroom.
Underwrite the new high-rise properly. Review the offering plan, financials, and reserves as with any recent-construction tower.
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 full-floor format and the views. The private-landing layouts, the floor-through exposures, and the high-floor sight lines are the marketing assets — foreground the height and the light.
Price to the building's own comps. With ~27 units, the persuasive evidence is The Charles's own trades adjusted for floor and exposure.
Reach the view-buyer and trophy pool. Demand for brand-new full-floor homes with river and skyline views is deep and partly international; market to both audiences.
Comparable buildings
If you're considering The Charles, also evaluate:
- 1289 Lexington Avenue — Carnegie Hill new-construction condominium nearby
- 135 East 79th Street — boutique new-construction condominium uptown
- 200 East 83rd Street — Yorkville new-development condominium tower nearby
- 1206 First Avenue — postwar First Avenue cooperative nearby for a tenure contrast
- 1344 First Avenue — postwar First Avenue cooperative nearby for a tenure contrast
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Charles?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.