1628 Second Avenue
1628 Second Avenue, New York, NY 10028
BBL 1015477501 · BIN 1049953
- Year built
- 1915
- Type
- Condominium
- Units
- 14
- Floors
- 6
- Financing
- 20 percent minimum down per listing records — condominium framework, no board interview
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Doorman
- No doorman
Every recorded sale at this building, 2005–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,162
- floor-adjusted, 2 sales
- Listing discount
- 0.0%
- Recorded sales
- 26
- On record
- 2005–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1628 Second 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.
1628 Second Avenue is the kind of building most coverage skips and most entry-tier buyers should study: a 14-unit condominium in a 1915 brick apartment house on Second Avenue's east blockfront between East 84th and East 85th Streets. Yorkville's condo stock skews toward large post-war and new-development towers; small pre-war buildings here are overwhelmingly co-ops with board interviews and financing rules. A six-story, elevator-served pre-war envelope that trades on condominium mechanics — no co-op board interview, 20 percent down per listing records, leasing permitted with conditions — is structurally scarce at this price point, and that scarcity is the building's whole market thesis.
The conversion story is unusually well documented in our archive. The offering plan dated January 17, 2003 was sponsored by Sendar Equities LLC; the condominium association was formed January 14, 2004 and the first closing took place February 2, 2004, per the audited financial statements on file in The Roebling Research Library. The sponsor relinquished board control at the 2008 election, and the amendments on file trace the years that followed in detail — unsold-unit inventory and pricing, rent-stabilized occupancies in sponsor units, reserve-fund contributions completed in 2009, and the boiler replacement funded by a common-charge increase that fiscal year. For a building this small, that is a rare level of documentary visibility, and it is exactly the material a buyer's attorney wants.
The historical documents describe revenues, contract management without payroll staff, an elevator, central laundry and a commercial unit with 17.2 percent common interest; verify the current budget and staffing rather than treating that history as present low-cost operation. The Q at 86th Street has entrances at East 86th and East 83rd Streets near this block. Evaluate that access separately from any price ranking or quantified transit-related premium.
Architecture and unit composition
The building is a six-story brick apartment house of 1915 on a 25-by-78-foot lot, with roughly 8,300 square feet of built area over a 1,578-square-foot retail base per city records. The 14 residences include studios and one-bedrooms laid out two to three per floor. The recorded building-area-per-residence ratio is under 600 square feet on a gross basis, which does not measure apartment interiors; verify individual plans and dimensions, including ceiling heights and windows. Original-condition and renovated units coexist; renovation costs and resale effects require a unit-specific scope, contractor estimates and matched sale evidence. The original architect is not firmly documented in public records.
Building operations
This is a self-service condominium run lean: no doorman, no staffed lobby, keyed entry with a voice intercom per listing records, an elevator under service contract, and a central laundry room (laundry income appears in the financial statements on file). Operations have historically run through a small managing agent for a modest flat fee, with cleaning and superintendent services contracted rather than staffed, per the financial statements on file. The boiler was replaced in the 2009 fiscal year, funded by a common-charge increase of roughly 15 percent effective November 2009 per the amendments on file. Buyers should expect small-building economics: review the current reserve position and assessment history, since major work may be funded through common charges, special assessments or borrowing. The offering plan amendments and audited financial statements are on file in The Roebling Research Library.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges alone, per square foot
- $1.21 per square foot a monthMedian of 4 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.46 per square foot a monthMedian of 4 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- No doormanSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Oct 10, 2025 | 2B | 1 BA · 408 sf | $470,000 | $1,152/sf | -6.0% |
| Oct 10, 2025 | 1N | 408 sf | $470,000 | $1,152/sf | — |
| Oct 15, 2024 | 6B | 2 BR · 1 BA · 645 sf | $817,500 | $1,267/sf | -1.5% |
| Jul 18, 2022 | 2N | 408 sf | $445,000 | $1,091/sf | — |
| Jul 18, 2022 | 3B | 1 BA · 408 sf | $445,000 | $1,091/sf | -1.1% |
| Sep 20, 2017 | 3E | 567 sf | $500,000 | $882/sf | — |
| Jun 15, 2017 | 5W | 707 sf | $845,000 | $1,195/sf | — |
| Jun 9, 2017 | 5E | 2 BR · 1 BA · 645 sf | $792,000 | $1,228/sf | — |
Market read. Most recent trades (2025) cleared a median $1,162/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-01547-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at 1628 Second Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 3 | $3,500 |
| 1 bedroom | 2 | $3,225 |
5 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 1628 Second Avenue and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The condo structure is the product. At this price point, most of what you can buy in Yorkville is co-op — with board interviews, financing minimums, and sublet restrictions. 1628 Second Avenue is a condominium, so there is no co-op board admission; confirm financing, leasing, pied-à-terre and ownership-entity rules in the current declaration, bylaws and house rules before underwriting an investment case.
Understand the common-interest map. The ground-floor commercial unit carries 17.2 percent of the common interest per the amendments on file, and several residential units were sponsor-held, rent-stabilized occupancies as of the amendments on file. Your attorney should establish the current sponsor/investor/owner-occupant mix and the commercial unit's status — both shape building governance and lender review in a 14-unit condominium.
Review the actual budget and capital funding. Unit count does not establish low common charges. The historical records describe common-charge increases and assessments; confirm the current amounts and capital plan. Review the financial statements on file with your attorney and run the True Monthly Carrying Cost Calculator with an assessment cushion.
Lender diligence is the practical hurdle. There is no board interview, but agency condo-lending rules test the share of the project's floor area in commercial use (a different measure from the commercial unit's common interest) and how many units any one owner holds. Get the building's questionnaire reviewed by your lender early — before contract, not after.
Evaluate the Q access. The 86th Street station — with its secondary entrance at East 83rd Street — puts this block effectively between two subway entrances, with the 4/5/6 at 86th and Lexington a few minutes west. Evaluate that transit access alongside apartment condition, services and carrying costs without assuming a fixed resale effect.
What to know if you’re selling
Sell the structure, not just the unit. Once the current rules are confirmed in the declaration and house rules, lead the marketing with the condominium structure — no co-op board admission, leasing permitted with conditions — and the Q-station position.
Have the documents ready. Provide current records early to support buyer and lender review; no ranked history of failed-deal causes is established here. We provide the offering plan amendments and financial statements from The Roebling Research Library to serious buyers' counsel early, and pre-answer the lender questionnaire issues — commercial floor area, ownership concentration and occupancy mix, reserves — before they become renegotiation leverage.
Compare actual sales and condition. Any premium over nearby cooperative studios or one-bedrooms requires matched transactions and adjustments for policies and carrying costs. Assess renovation scope and actual marketing times — run the Renovation Cost Calculator against your asking strategy.
Comparable buildings
If you're considering 1628 Second Avenue, also evaluate:
- 300 East 85th Street — post-war Yorkville condo tower; a full-service condominium alternative; compare actual monthly carrying costs
- 237 East 88th Street — boutique Yorkville condo; similar entry-tier condo proposition
- 520 East 81st Street — condo alternative toward East End Avenue
- 50 East End Avenue — condo comparison point at the corridor's eastern edge
- 180 East 88th Street — the new-development condo step-up on East 88th Street
- 40 East End Avenue — boutique new-development condo; a newer boutique condominium comparison; assess dated sales
- 200 East End Avenue — a full-service cooperative alternative, for buyers comparing structures
More Upper East Side buildings
- 1523 Second Avenue — 1957 co-op
- The Gotham (1538 Third Avenue) — 1991 condominium by Frank Williams (Frank Williams & Associates)
- 1562 York Avenue — 1965 co-op
- 1632 Second Avenue (The America) — 1987 condop
- 1652 First Avenue (Fairmont Manor) — 1963 co-op
- The Newbury (1659 Second Avenue) — 1971 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
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 1628 Second Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com