- Type
- Condominium
- Landmark
- No
1530 Third Avenue is a ground-up condominium on one of the most-trafficked corners in Yorkville — the site, for decades, of Papaya King, the hot-dog institution that stood at 86th and Third until the corner was sold and cleared. In its place ZD Jasper Realty built a 17-story, SOM-designed condominium of just 25 residences, a building that trades a beloved bit of neighborhood lore for something the area genuinely lacks: new, owner-occupied luxury inventory at a transit hub.
The design is serious. Skidmore, Owings & Merrill — one of the most accomplished firms in the world — gave the tower a light, gridded façade with oversized windows and deep loggias along its east and west elevations, a more architectural gesture than the standard new East Side rental-to-condo product. With Archimeara as architect of record, the building delivers large homes (averaging roughly 2,280 square feet) at a scale that reads as family-sized rather than investor-sliced. For buyers who want condominium ownership — financing latitude, ownership flexibility, no co-op board — in a neighborhood dominated by prewar co-ops and rentals, it is a rare and current option.
What to know if you’re selling
New construction and the SOM name are the marketing core. A boutique, architect-designed condominium at a transit hub is differentiated product in a corridor of prewar co-ops and aging rentals — that scarcity is the durable selling point. Benchmark to recent Upper East Side new-development condominiums, not the prewar co-op stock nearby; the comparable set is other new condo inventory along Third, Second, and the Second Avenue subway line. Closing mechanics are condominium-standard — a resale clears through a right-of-first-refusal rather than a board, a faster, more predictable path that itself appeals to the flexibility-minded buyer the building attracts. Early resales trade on scarcity: with only 25 residences and first owners recently in place, available inventory is thin, which works in a well-positioned seller's favor.
Comparable buildings
If you're considering 1530 Third Avenue, also evaluate nearby Upper East Side inventory:
- 1186 Third Avenue — full-service building on the same corridor
- 1230 Third Avenue — Third Avenue building nearby
- 320 East 86th Street — full-service building near the 86th Street hub
- 345 East 86th Street — large Yorkville building nearby
Considering a move at 1530 Third Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1530 Third Avenue 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.