Cooperative · 1962
1381 Avenue of the Americas
1381 Avenue of the Americas, New York, NY 10019
Buildings·Cooperative

1381 Avenue of the Americas

1381 Avenue of the Americas, New York, NY 10019

At a glance
Year built
1962
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2022

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

Median $/sf
$622
Listing discount
5.2%
Recorded sales
166
On record
2003–2022

1381 Avenue of the Americas is a full-service post-war cooperative occupying one of the most central addresses in Midtown — Sixth Avenue at West 56th Street, two short blocks south of Central Park and a block from Carnegie Hall. Built in 1962, it is a 21-story, 324-unit elevator building of its era: a clean, mid-century brick tower designed for practical, well-served city living rather than architectural display. Its value proposition is location and convenience, and on those terms it is hard to beat.

The address puts the whole of central Midtown within a short walk. Central Park South and the southern edge of the park are two blocks north; Carnegie Hall, City Center, and the West 57th Street cultural and retail corridor are around the corner; and the dining, shopping, and offices of Rockefeller Center, Fifth Avenue, and the Theater District radiate out in every direction. For a buyer who wants to be in the center of everything — culture, commerce, the park, and transit — at a more accessible price point than the trophy towers a few blocks away, this is a sensible, livable choice.

As a cooperative, it offers the cost structure and community of co-op ownership in a large, professionally run building with a doorman and on-site parking. It is the kind of dependable, centrally located full-service co-op that anchors a buyer in Midtown without the carrying costs of the luxury new-construction tier.

Architecture and unit composition

The building is a straightforward post-war elevator apartment house — light brick, a regular window grid, and the efficient, sensible massing of early-1960s Midtown residential design. It does not aim for ornament; its strengths are practical, in the well-proportioned, light-filled layouts and the dependable systems of a large, well-managed building.

The 324 residences span studios and one-bedrooms through larger two-bedroom layouts, with hardwood floors throughout and the clean lines typical of the era. Higher floors and units with open Midtown exposures — including northward looks toward Central Park from the upper floors — carry the building's premiums. As in most large post-war co-ops, value tracks closely with floor level, exposure, light, and renovation condition, so each apartment is best judged on its own specifics.

Building operations

1381 Avenue of the Americas operates as a full-service cooperative with an attended lobby, a full-time doorman, and concierge service. On-site parking is among the building's most practical assets in a part of Midtown where parking is scarce and expensive, and laundry serves the building. The scale of the building — more than 300 apartments — supports a stable operating budget and professional management.

The location is the operational headline. The building sits directly on the Sixth Avenue spine, with the F train at 57th Street steps away and the N/Q/R/W at 57th–Seventh and the B/D/E at Seventh Avenue a short walk; Columbus Circle's transit hub and Central Park are a few blocks northwest. Carnegie Hall, City Center, Rockefeller Center, the Museum of Modern Art, and the full retail and dining density of central Midtown are all within easy walking distance.

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2027
On record
$138,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers 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.

DateUnitApartmentPricePPSFvs. Ask
Jan 20, 20228IJ
4 BR · 1,800 sf
$1,130,000$628/sf-3.4%
Feb 11, 202116C
3 BR · 1,800 sf
$519,000$288/sfoff-mkt
Sep 22, 2020PHD
2 BR · 2 BA · 1,850 sf
$659,000$356/sf-17.1%
Jul 10, 20197E
2 BR · 2 BA · 1,250 sf
$649,000$519/sf-7.2%
Oct 31, 201812N
2 BR · 1,240 sf
$610,000$492/sf-12.7%
Oct 29, 20185H
1 BR · 950 sf
$510,000$537/sfoff-mkt
Oct 9, 201817J
1 BR · 950 sf
$505,000$532/sf-8.0%
Sep 24, 201816I
2 BR
$650,000-7.0%

Market read. Most recent trades (2022) cleared a median $622/sf across 1 sale. Median listing discount 5.2% 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.

18G+74%
$632,500 2004$1,100,000 2008
4OP · 1,500 sf+66%
$725,000 ($483/sf) 2010$1,200,000 ($800/sf) 2015
10G · 1,050 sf+62%
$650,000 ($619/sf) 2013$1,050,000 ($1,000/sf) 2014
8M · 1,200 sf+53%
$580,000 ($483/sf) 2004$759,500 ($633/sf) 2010$890,000 ($742/sf) 2015
4E · 1,250 sf+48%
$710,000 ($568/sf) 2009$1,050,000 ($840/sf) 2016

Other recent transfers

DateUnitPrice
May 4, 202220/21$500,000
Sep 19, 2017PHD$925,000
Jul 11, 20173J/3K$1,250,000
Sep 15, 20169FG$810,000
Jan 6, 20166E/6F$1,195,000
Aug 27, 20139H$580,000
View all 166 recorded transfers, sortable

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 1-01009-0029) 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 on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

This is a cooperative, so purchases proceed through a board application and interview, and the building will have requirements around financing, debt-to-income, and reserves that a buyer should be prepared to meet — standard for a large full-service Midtown co-op. Work with the building's posture on financing and primary residency early in your process so the package is straightforward.

Buy on the fundamentals: floor, light, exposure, and condition. The building's appeal is its location and full-service convenience at an accessible price, so the smart purchase is a well-laid-out apartment on a higher floor with good light — ideally with a northward Midtown or park-leaning exposure. The on-site parking is a real differentiator in this part of Midtown; if you keep a car, it materially raises the building's value to you. Review the financials, reserve position, and any planned assessments as part of due diligence.

What to know if you’re selling

Sell the location first. There are few addresses in Manhattan as central as Sixth Avenue at 56th Street — two blocks from Central Park, a block from Carnegie Hall, and surrounded by the city's densest concentration of culture, retail, and transit. For a buyer who wants to be in the middle of everything at a co-op price, that pitch is powerful.

Lead with the full-service package and the on-site parking, both of which are tangible day-to-day advantages, and stage to the apartment's light and floor level. Price realistically to the building's tier — this is the value, full-service end of the Central Park South corridor, not the trophy end — and let the location and convenience do the work. A well-presented, well-renovated upper-floor home with good light should be benchmarked to the building's stronger comparables.

Comparable buildings

If you're considering 1381 Avenue of the Americas, also evaluate these nearby Central Park South and West 57th Street buildings:

The Roebling Team at 1381 Avenue of the Americas

The Roebling Team at Compass works the Central Park South and West 57th Street corridor closely, and we know how a centrally located, value-tier full-service co-op like 1381 Avenue of the Americas fits among the trophy towers and pre-war park co-ops nearby. We publish this profile because buyers and sellers here deserve building-specific intelligence — the location advantages, the full-service operation, and where each apartment sits in the value range.

If you're considering a purchase or sale at 1381 Avenue of the Americas, a 30-minute consultation is the right starting point.

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