- 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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
The Roebling Team at 1530 Third Avenue
The Roebling Team at Compass specializes in the Upper East Side, Yorkville, and the broader Manhattan condominium and cooperative market. We publish this profile because buyers and sellers evaluating new-construction condominiums in a co-op-dominated neighborhood deserve building-specific intelligence — the architecture, the ownership structure, the amenity program, and where the pricing sits against both new and prewar inventory.
If you're considering a purchase or sale at 1530 Third Avenue, a 30-minute consultation is the right starting point.
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