- Year built
- 1924
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2006–2023
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $510K – $510K
- Listing discount
- 1.4%
- Recorded transfers
- 37
142 East 49th Street is a 1924 Art Deco co-op in the heart of Turtle Bay, the leafy residential pocket of Midtown East that has held its character through a century of commercial growth around it. The nine-story building sits on the side-street block between Lexington and Third Avenues — a quiet, established co-op address steps from the Lexington and Third Avenue spines, with Grand Central, the United Nations, and the entire Midtown transit and employment core within a short walk. For buyers who want a real pre-war home in the center of the city rather than a glass tower or a corporate-feeling rental, this stretch of the East 40s is where to look, and 142 East 49th is squarely in it.
The building's appeal is its combination of pre-war substance, co-op stability, and a location that puts the Midtown core within walking distance — the kind of address that suits people who work in the neighborhood and want to live in it too. At its entry price points, the building also offers something increasingly scarce in Manhattan: genuinely attainable studio and one-bedroom ownership in a prime central location.
Architecture and unit composition
The building presents the Art Deco vocabulary of its 1924 vintage — a beige-brick façade organized by bandcourses and a cornice, with a garland-and-swag ornamental band above the fifth floor and a canopied, stepped entrance surround. Inside, a black-and-white checkered-floor lobby carries the period detailing forward. The roughly 45 to 47 residences run to studios and one-bedrooms, with some larger layouts, arranged several to a floor. As at any cooperative of this age, individual homes reflect decades of owner renovation, so condition and configuration are unit-specific. The building carries through-wall window air conditioning and no balconies.
Building operations
142 East 49th Street runs as a managed cooperative with a canopied part-time doorman and a video-intercom system, a live-in superintendent handling day-to-day operations, and a central laundry room. The building is oriented toward owner-occupants. As a cooperative, purchases are subject to board review and approval, and the building's policies on financing, subletting, and pied-à-terre ownership follow the cooperative's governing documents — pied-à-terre use has generally been permitted, and subletting is allowed subject to the board's terms, which buyers should confirm during diligence. We obtain current building financials and house rules from the managing agent for clients at offer stage.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 10, 2023 | 2A | 1 BR · 1 BA | $510,000 | -7.1% | |
| Oct 15, 2021 | PHN | 1 BR · 1 BA | $840,000 | +0.6% | |
| Jul 21, 2017 | 4B | 1 BR | $590,000 | -4.1% | |
| Jul 27, 2016 | 3A | 1 BR · 700 sf | $650,000 | $929/sf | -3.7% |
| May 26, 2016 | 6B | 1 BR | $680,000 | +4.8% | |
| Dec 22, 2015 | 6C | 1 BR | $557,500 | -6.9% | |
| Nov 16, 2015 | 7E | 1 BR · 1 BA | $617,500 | -11.7% | |
| May 26, 2015 | 5C | 1 BR · 650 sf | $530,000 | $815/sf | -11.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2016): a median $930/sf across 1 sale. The building has traded as recently as 2023. Median listing discount 0.9% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Oct 24, 2017 | 9E | $639,000 |
| Aug 14, 2013 | PHN | $650,000 |
| Oct 16, 2008 | 7C | $510,000 |
| Feb 15, 2008 | 5A | $575,361 |
| Dec 12, 2006 | 4A | $549,855 |
| 5A | $650,000 |
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 1-01303-0046) 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 the purchase runs through a board: a full financial and personal package followed by an interview, with the building's financing and residency requirements set by its governing documents. That process is the trade for the stability and lower carrying structure a co-op provides. Beyond board posture, value here is driven by the home — layout, exposure, floor, and renovation quality — and by the building's pre-war character and central location. We help buyers assess the building's financials, prepare a board package that presents well, and benchmark a given line against the Midtown East co-op set. Run the True Monthly Carrying Cost Calculator to compare the co-op carry against full-service alternatives.
What to know if you’re selling
The selling case is pre-war authenticity at an attainable price point in a genuinely central location — a 1924 Art Deco co-op in Turtle Bay, walkable to Grand Central and the entire Midtown core. The buyer pool is owner-occupants and first-time buyers who value the neighborhood's quiet residential character and the building's stability. Presentation and board-readiness drive outcomes: a well-renovated, well-staged home that will clear the board cleanly commands the premium. Pricing belongs against the comparable Midtown East pre-war co-op set, with layout and condition carrying real weight in the number.
Comparable buildings
If you're considering 142 East 49th Street, also evaluate nearby Midtown East cooperative inventory:
- 150 East 49th Street — 1923 Turtle Bay cooperative on the same block
- 235 East 49th Street — Midtown East cooperative nearby
- 255 East 49th Street — Turtle Bay cooperative to the east
- 250 East 49th Street — Midtown East cooperative nearby
- 326 East 49th Street — Turtle Bay cooperative to the east
The Roebling Team at 142 East 49th Street
The Roebling Team at Compass specializes in Midtown East and the pre-war cooperatives of Turtle Bay and the East 40s and 50s. We publish this profile because buyers and sellers of pre-war co-op homes deserve building-specific intelligence — the architecture, the amenity set, the board framework, and how a given home's layout and condition should be priced.
If you're considering a purchase or sale at 142 East 49th Street, a 30-minute consultation is the right starting point — we'll walk the building, the pricing, and the comparison set with you.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
Get the full picture on this building.
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