- Type
- Condominium
- Landmark
- No
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.
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.
Architecture and residences
The exterior is SOM's contribution: a pale, ordered grid that brings light into the apartments through oversized windows, with deep loggias carved into the side elevations to give residents private outdoor space and to break the massing. It is a calm, modern building that holds its own against the heavy retail and transit energy of the 86th Street corner.
The 25 residences are large by new-construction standards, averaging around 2,280 square feet — the kind of three- and four-bedroom layouts that suit families who want to own rather than rent in Yorkville. New construction here means contemporary ceiling heights, modern mechanical and air systems, and an efficient, well-lit floor plate designed from the ground up. The building also carries 150 feet of retail frontage on 86th Street, anchoring it to the corridor's shopping life.
Amenities and lifestyle
For a 25-unit building, the amenity program is well-judged: a package room, a library, a game room, a resident lounge, and a private garden — a social-and-service suite scaled to a boutique condominium rather than a sprawling tower. The location does heavy lifting. The building sits directly atop the 86th Street transit hub, with the Q (Second Avenue subway) and the 4-5-6 at Lexington both within a short walk, and the crosstown bus at the door. Central Park and Carl Schurz Park are each a few blocks off, and 86th Street's full run of retail, grocery, restaurants, and services is at street level and immediately around. For a buyer who prioritizes convenience — subway, shopping, schools, and parks all within minutes — few corners in the neighborhood are better connected.
Ownership and what buyers should know
As a new condominium, 1530 Third Avenue offers what the surrounding prewar co-ops structurally cannot. Financing is flexible — condominiums do not impose the financing caps common at Upper East Side cooperatives. There is no co-op board admissions process — purchases clear through a lighter right-of-first-refusal rather than a board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary at condominiums, and resale and subletting are materially freer than at the neighborhood's cooperatives. For a Yorkville buyer who wants ownership without a board, that combination is the building's core appeal.
It is move-in new. Completed in 2024, the building offers contemporary systems and finishes with no renovation overhang. The residences are offered under a condominium plan filed with the New York State Attorney General; closing mechanics, common charges, and tax treatment follow that plan, and we help buyers read it, benchmark the pricing, and structure the deal.
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.
| Date | Unit | Price |
|---|---|---|
| Nov 1, 2023 | — | $24,500,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01515-0033) 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 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
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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.