Condominium — pre-war loft building with a phased residential conversion · 1920
14 East 33rd Street
14 East 33rd Street, New York, NY 10016
Buildings·Midtown East·Condominium — pre-war loft building with a phased residential conversion

14 East 33rd Street

14 East 33rd Street, New York, NY 10016

CorridorMidtown East
At a glance
Year built
1920
Type
Condominium — pre-war loft building with a phased residential conversion
Units
18
Floors
12
Landmark
No
Amenities
Roof deck, resident storage, in-unit washer/dryers
Pets
Permitted per listing records
Financing
20 percent minimum down per listing records
The Data Room

Every recorded sale at this building, 2024–2026

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

Recorded sales
28
On record
2024–2026

The blocks between Fifth and Madison in the low 30s are commercial Manhattan — showroom, office, and hotel stock one block from the Empire State Building — and 14 East 33rd Street is one of the few buildings on them where you can own a residential loft in condominium form. The building is a 1920 commercial loft structure of twelve stories whose upper floors were converted to large live/work residences beginning in 1996, leaving a thin, genuinely scarce product: half-floor and full-floor lofts with 10-foot-plus ceilings and condo transfer mechanics, in a district where almost nothing else competes with it directly.

The conversion story is unusually well documented in The Roebling Research Library. The sponsor, South Fifth Avenue Associates, L.P., converted the building floor by floor as commercial tenants rolled off: city-approved alteration plans took floors 7, 11, and 12 residential first, floors 4, 5, 6, and 9 followed with occupancy targeted by early 1998, and floors 8 and 10 waited for commercial leases that expired in 2002 — with most floors subdivided into two Class A residential units and select floors kept whole, per the offering plan on file. The same documents record a conversion budget of roughly $1.2 million, about half of it spent on electrical, mechanical, and core building systems, alongside a renovation of the main entrance, lobby, and elevator cabs.

For today's market the thesis is convenience plus volume. The 6 train at 33rd and Park is a block and a half east, Herald Square's B/D/F/M/N/Q/R two blocks west, and both Grand Central and Penn Station are a ten-minute walk — connectivity few loft buildings anywhere in Manhattan can match. The trade is character of corridor: this is a working commercial street by day, quiet by night, and buyers should price that texture rather than expect a residential block.

Architecture and unit composition

The building is a steel-and-masonry commercial loft of its 1920 vintage — roughly 47,000 square feet on a 50-foot-wide lot — whose value today is in the floor plates rather than the facade. The 18 residences distribute largely two to a floor in north and south lines, with select full-floor units; the live/work designation from the conversion era conveys with the units. Interiors carry the loft program: ceilings frequently over 10 feet, oversized windows, and open plans that renovate well, with north-facing units composing direct Empire State Building views one block away — an outlook that is the building's signature marketing asset. The base remains commercial: retail at grade and office space on the lower floors, held as separate condominium units per city records.

Building operations

Operations are lean by design: a part-time doorman per listing records, video-intercom entry, a live-in superintendent, a roof deck, resident storage, and in-unit washer/dryers. The mixed-use structure matters in governance — commercial unit owners sit in the condominium alongside residents, and the conversion-era documents on file include rules calibrated to that mix, from sign-illumination restrictions on the commercial units to the 80-percent carpet rule and construction deposits on residential alterations. Buyers' attorneys should review the declaration, by-laws, and current budget with the mixed-use allocation in mind.

Local Law 97

Carbon-penalty exposure
🔴
Significant — substantial current exposure
2024–2029 annual penalty
$48,646/yr
2030–2034 annual penalty
$84,882/yr
Per unit / month range
$225 – $393
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Apr 10, 202634D$2,105,000
Mar 5, 202617G$1,050,000
Jan 7, 202614A$1,675,000
Dec 4, 202519D$1,250,000
Nov 24, 202519E$955,000
Sep 8, 202512A$1,675,000
View all 28 recorded sales, 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 1-00862-7502) 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.

What to know if you’re buying

Understand the live/work framework before you fall for the ceilings. The residences carry a live/work designation from the conversion era — invisible in most daily use, but your attorney should confirm the certificate of occupancy posture and what it means for your intended use, particularly if a home office, studio, or professional practice is part of the plan.

The commercial base is part of the deal. Retail and office condo units share the building's governance and budget. Diligence should cover the commercial units' uses, their common-charge allocation, and any lease exposure — the offering plan on file is the starting point.

Price the corridor honestly. One block from the Empire State Building means weekday density, tourist flow on Fifth, and a street that empties at night. Buyers who want this location love it for the convenience; visit at multiple hours before offering.

Staffing is part-time — calibrate expectations. A part-time doorman, virtual entry otherwise, and a live-in super is the service model. The corresponding benefit is common charges below full-service peers.

Comps are thin — anchor to the loft market, not the block. With 18 units and a handful of trades in any cycle, valuation runs through NoMad and Flatiron loft-conversion comparables adjusted for corridor. We build that analysis during diligence.

What to know if you’re selling

Market the scarcity with precision. Condominium lofts with 10-foot-plus ceilings between Fifth and Madison in the 30s are a category with almost no inventory. Name the structural facts — two-per-floor privacy, the conversion documentation, the Empire State view lines — rather than leaning on adjectives.

The view is the photograph. North-facing units should be marketed on the Empire State Building axis; it is the rare Manhattan view that is both iconic and one block deep. Shoot it at dusk.

Expect a deliberate buyer pool and price to it. This is not a commodity product; days on market run to the specific buyer who needs volume plus condo mechanics at this latitude. Pre-marketing valuation work — and providing the offering plan from the Research Library to serious buyers' counsel — shortens the path.

Comparable buildings

If you're considering 14 East 33rd Street, also evaluate:

  • The Grand Madison (225 Fifth Avenue) — NoMad pre-war condo conversion on Madison Square Park; the prestige step-up
  • 212 Fifth Avenue — NoMad loft-to-condo conversion at the trophy tier
  • 10 Madison Square West — full-amenity conversion on the park
  • Sky House (11 East 29th Street) — NoMad condo tower; the new-construction alternative
  • 88 & 90 Lexington Avenue — Murray Hill condo conversions east of Park
  • 425 Fifth Avenue — condo tower three blocks north; the high-rise alternative
  • 45 East 22nd Street — the Flatiron condo tower benchmark to the south
  • The Stanford (45 East 25th Street) — the area's established post-war alternative

The Roebling Team at 14 East 33rd Street

The Roebling Team at Compass works Midtown East, NoMad, and the Flatiron loft corridor as part of our central-Manhattan practice. We publish this building profile because buyers and sellers at 14 East 33rd Street deserve building-specific intelligence — conversion documentation, mixed-use governance, and loft-stock comparables — not generic neighborhood commentary.

If you're considering a transaction at 14 East 33rd Street, a 30-minute consultation is the right starting point.

Considering a transaction at 14 East 33rd Street?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com