The Charles (1355 First Avenue)
1355 First Avenue, New York, NY 10021
BBL 1014477502 · BIN 1088591
- Year built
- 2014
- Type
- Condominium
- Units
- About 27
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Generally allowed in condominiums; not confirmed for this building
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
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, 2026 to date
- $1,521
- 1 sale
- Listing discount
- 1.5%
- Recorded sales
- 41
- 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 a 31-story condominium completed in 2014 on First Avenue between East 72nd and 73rd Streets. It was developed around largely full-floor residences; confirm the private landing, floor-through configuration and actual exposures of the apartment under consideration.
The building stands near the East River esplanade and the Second Avenue subway. Compare actual routes and services with your needs; the address and full-floor format do not establish a scarcity ranking.
Architecture and unit composition
The glass-and-masonry tower is organized around largely full-floor homes with private elevator landings, corner exposures, floor-to-ceiling glazing and open kitchens. A multi-floor penthouse occupies the upper portion. Verify each apartment’s current layout, light and river or skyline sightlines; height alone does not establish its outlook.
The building has roughly 27 residences. Evaluate floor and actual exposure alongside layout, reliable area, condition, outdoor rights and carrying costs; unit count does not establish which variables dominate value.
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. Establish actual costs from the budget, service contracts, reserves and capital plan.
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.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
11 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $200 per applicant | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Not stated |
| Move Out Fee | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Waiver of Right of First Refusal | Paid by Seller | When With the application | Amount $350 | Refundable Not stated |
| Closing Administrative Fee | Paid by Buyer | When At closing | Amount $225 | Refundable Not stated |
| Working Capital Contribution Fee | Paid by Buyer | When At closing | Amount Equal to 6 Month of Common Charges | Refundable Not stated |
| Closing Administrative Fee | Paid by Seller | When At closing | Amount $225 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $2,500 | Refundable Refundable |
| Electric Escrow Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $2,500 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Landlord | When With the application | Amount $1,000 | Refundable Non-refundable |
| Waiver of Right of First Refusal | Paid by Landlord | When With the application | Amount $350 | Refundable Not stated |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $350 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Tenant | When With the application | Amount $200 per applicant | Refundable Non-refundable |
| Move In Fee | Paid by Tenant | When With the application | Amount $1,000 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $2,500 | Refundable Refundable |
| Move In Deposit | Paid by Tenant | When With the application | Amount $2,500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,599 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.24 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.70 per square foot a monthMedian of 3 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.55 per square foot a monthMedian of 3 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Package room
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, playroom, cold storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $102,238/yr
- Per unit / month range
- $0 – $316
- Modeled exposure split equally across 27 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 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 inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. 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 — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs 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 data last refreshed October 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, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
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.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Management & transfer contacts
- Flip tax
- None shown
- Policies and fees
- Buyer working capital contribution = 6 months common charges; $700 app; $200/applicant credit; $2,500 move deposits
Recent sales
Compare total prices and price per square foot where reliable areas exist; condominium tenure does not prescribe one metric. Verify the reported eight-figure upper-full-floor and penthouse transactions, and use dated, matched sales before assigning a premium or eastern Upper East Side market rank. Measure frequency from dated transfers rather than the roughly 27-unit count. Compare relevant internal and external sales, adjusting for floor, exposure, layout, area, condition and costs rather than assume that two variables determine almost all value. 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, from The Roebling Research Library. 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 | — |
| 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 to date) cleared a median $1,521/sf (recorded) across 1 sale. Median listing discount 1.5% 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; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Charles and nearby.
At the recent median sale of $5.31M (3 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $254,699 to close, or 4.8% of the price.
- Mansion tax: $119,475
- Mortgage recording tax: $76,663
- Title insurance: $23,895
- Attorneys, lender, building fees, reserves and filings: $34,666
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Charles and its market
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What to know if you’re buying
Inspect height and actual views. Compare upper full-floor homes with matched sales before attributing a price difference to altitude or outlook.
Confirm current service terms. Obtain staffing hours, facility rules and any separate fees, including storage or package handling requirements.
Underwrite the new high-rise properly. Review the offering plan, financials, and reserves as with any recent-construction tower.
Condo flexibility is real. Pied-à-terre, investor, and foreign-buyer use permitted; subletting allowed under the declaration.
What to know if you’re selling
Document the current layout and outlook. Provide measured plans and photographs that show the landing, circulation and actual exposure.
Price to the building's own comps. Use relevant dated sales from The Charles and other buildings, adjusting for floor, exposure, layout, reliable area, condition and carrying costs; roughly 27 units do not establish that internal sales alone are sufficient.
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
More Upper East Side buildings
- The Theso (1328 Second Avenue) — 1961 co-op
- 1344 First Avenue — 1961 co-op
- 1349 Lexington Avenue (The Paulding) — 1922 co-op
- Madison Court, 1361 Madison Avenue — 1901 co-op
- 1376 York Avenue — 1910 co-op
- 200 East 79th Street (1389 Third Avenue) — 2011 condominium
The neighborhood
For the full corridor — architecture, 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.
646.939.7375 · c.cohen@compass.com