Condominium · 1962
The Gallery House
1360 Avenue of the Americas, New York, NY 10019
Buildings·Flatiron·Condominium

1360 Avenue of the Americas

1360 Avenue of the Americas, New York, NY 10019

CorridorFlatiron
At a glance
Year built
1962
Type
Condominium
Units
186
Floors
20
Landmark
No
Pets
Pet-friendly (small pets), per building documentation
Subletting
Permitted under the condominium framework
Pied-à-terre
Allowed
Financing
20% minimum down, per building documentation
The Data Room

Every recorded sale at this building, 2004–2005

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$928
Recorded sales
8
On record
2004–2005

The Gallery House is a 1962 post-war condominium holding the northeast corner of Sixth Avenue and West 55th Street — a full-service building just south of Central Park, in the heart of Midtown's cultural core. It is one of the relatively few post-war condominiums in the immediate area (much of the surrounding inventory is cooperative), and that ownership structure, combined with its large apartments and full-service operation, defines its appeal: condominium flexibility, generous floor plates, and a landscaped roof deck with Central Park views, at a Midtown address within a short walk of MoMA, Carnegie Hall, Fifth Avenue shopping, and the Theater District.

The building was designed by Horace Ginsbern & Associates, a prolific mid-century Bronx and Manhattan apartment-house firm, and it carries the practical virtues of the era's better post-war buildings: efficient full-floor planning, a doorman lobby, and apartments known for their size. Buyers have long been drawn by the combination of large layouts and comparatively moderate common charges, and by the condominium structure's investor- and pied-à-terre-friendliness — an advantage over the cooperatives that dominate the corridor.

Location and transit are effectively complete. The Sixth Avenue–57th Street station (F) sits a block north; the E and M at Fifth Avenue–53rd, the B and D at Seventh Avenue–53rd, and the N, Q, R, and W at Fifth Avenue–59th are all within a short walk; and Central Park is a few blocks north. For buyers who want a large, full-service Midtown apartment with condominium latitude, The Gallery House is a specific and well-positioned option.

Architecture and unit composition

The Gallery House is a twenty-story post-war brick apartment building, designed by Horace Ginsbern & Associates and completed in 1962. The design is of its era: a functional masonry tower with a doorman lobby, efficient elevator service, and the full-floor and half-floor planning that produced the large apartments the building is known for.

The apartment mix runs toward generously sized one-, two-, and three-bedroom layouts, with some apartments carrying private terraces or balconies. The building's height and corner position give upper-floor apartments open exposures, and the landscaped rooftop terrace captures Central Park and skyline views to the north. Ceiling heights and floor plates reflect the more generous scale of the better post-war buildings rather than the compressed layouts of later new construction.

Apartment condition varies with individual ownership across the building's six decades, as is typical of a mature post-war condominium; buyers should underwrite each unit on its own renovation state.

Building operations

The Gallery House operates as a full-service condominium with a 24-hour doorman, a concierge desk, and a live-in resident manager, under professional management. The amenity set is complete for a post-war Midtown building: the landscaped rooftop terrace with Central Park views is the signature common space, supported by central laundry, private storage, and a full-service parking garage adjacent to the building. There is no in-building fitness center — a factor for amenity-focused buyers to weigh.

As a condominium, the building offers the flexibility of the ownership form: subletting and pied-à-terre use are accommodated, and the building has long been regarded as investor-friendly. The building's schedule of transfer and lease fees is set at the condominium level; per building documentation, financing requires a 20% minimum down. Monthly carry is a function of common charges plus separately assessed real estate taxes, and the building has historically been noted for comparatively moderate common charges given its size; buyers should model both, along with any building assessments, during due diligence.

Recent sales

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.

DateUnitApartmentPricePPSF
Jul 14, 200514B
1,016 sf
$1,250,500$1,231/sf
Mar 29, 20059F
694 sf
$639,000$921/sf
Jan 19, 200515B
1,016 sf
$993,000$977/sf
Jan 5, 200515J
730 sf
$600,000$822/sf
Dec 29, 20047H
730 sf
$590,000$808/sf
Oct 5, 20042J
730 sf
$503,000$689/sf
Oct 5, 20045B
1,016 sf
$910,000$896/sf
Aug 27, 20043B
1,016 sf
$915,000$901/sf

Market read. Most recent trades (2005) cleared a median $928/sf across 4 sales.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01271-0101) 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

Large apartments are the building's signature. The Gallery House is known for generous full-floor and half-floor post-war layouts — the right building for buyers who want size and volume in a Midtown full-service setting.

It is a condominium in a corridor of co-ops. Permitted subletting, pied-à-terre and investment use, and the building's investor-friendly reputation give buyers latitude the surrounding cooperatives do not. This is a genuine structural advantage for part-time and investor buyers.

The roof deck and the Park proximity are real amenities. The landscaped rooftop terrace with Central Park views, a few blocks from the Park itself, is the building's amenity highlight. Note there is no in-building gym; parking is available in the adjacent full-service garage.

Model the full monthly carry. As a condominium, carry is common charges plus separately assessed taxes; run both, along with any current assessments. The building's historically moderate common charges are a point to verify against current figures.

Underwrite the apartment on its own condition. Six decades of ownership mean renovation state varies widely. View the specific unit and price on its recent comparables.

What to know if you’re selling

Lead with apartment size and the condominium structure. The large post-war layouts and the flexibility of condominium ownership — subletting, pied-à-terre use, investor-friendliness — are the concrete differentiators that widen the buyer pool relative to the corridor's cooperatives.

Price on square footage, floor, and outdoor space. With a heterogeneous apartment stock, per-square-foot comparables on the specific line and floor are the right basis. Terraces and high-floor Park exposure drive real premiums.

Position the value economics honestly. Comparatively moderate common charges for the apartment size are a genuine selling point — frame them directly against current figures.

Closing timelines are condominium-fast. Without cooperative board approval, condominium closings typically run 30–45 days from contract to closing, subject to any right of first refusal.

Comparable buildings

If you're considering The Gallery House, also evaluate:

The Roebling Team at The Gallery House

The Roebling Team at Compass works the Midtown condominium market as part of our broader Manhattan practice — from the Flatiron and Central Park South corridors to the Park-facing trophy buildings uptown. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — the operational reality, the transactional mechanics, and comparable analysis at the apartment level — not generic neighborhood commentary.

If you're considering a purchase or sale at The Gallery House, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.

Considering a move at The Gallery House?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com