Cooperative governed under condop rules · 1987
The America
1632 Second Avenue / 300 East 85th Street, New York, NY 10028
Buildings·Upper East Side·Cooperative governed under condop rules

1632 Second Avenue (The America)

1632 Second Avenue / 300 East 85th Street, New York, NY 10028

At a glance
Year built
1987
Type
Cooperative governed under condop rules
Units
199
Floors
37
Landmark
No
Pets
Pets permitted (dogs and cats)
Subletting
Unusually permissive — unlimited subletting and no purchase board approval under the condop structure (verify current terms at offer stage)
Pied-à-terre
Allowed
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,167
Listing discount
2.7%
Recorded sales
202
On record
2003–2026

The America is the rare Upper East Side full-service building that combines architectural pedigree with genuine ownership flexibility. Designed by Helmut Jahn of Murphy/Jahn — the architect best known for postmodern landmarks elsewhere in the country — and developed by Ian Bruce Eichner, the 37-story tower fills the entire Second Avenue blockfront between 85th and 86th Streets. Its checkerboard facade, divided into four vertical sections and carried up onto the rooftop mechanical crown, makes it one of the most recognizable towers in Yorkville.

What sets the building apart in practice is its condop structure: a cooperative governed under condominium-style rules. The result is a building with no purchase board approval, unlimited subletting, and an explicit welcome to pieds-à-terre and investor buyers — a profile almost unheard of among the Upper East Side's full-service co-ops. For buyers who want doorman-building amenities without the gatekeeping and sublet restrictions of a traditional co-op, the America is a destination address.

The Yorkville location places residents near the Second Avenue subway (Q), Carl Schurz Park and the East River esplanade to the east, and the full Yorkville retail and dining grid. The full-block footprint gives the building light and air on multiple exposures.

Architecture and unit composition

The 199 residences span a 37-story tower with a wide mix of layouts, from studios and one-bedrooms to combined and family-sized homes. Many lines include private balconies or terraces. Jahn's design organizes the mass into four vertical sections and wraps the building in its signature checkerboard pattern — a postmodern gesture that distinguishes it from the plainer brick towers of the same era.

Because the building runs the full blockfront, exposures and views vary substantially by line and floor; higher floors capture open city and, on the east side, river-direction sight lines.

Building operations

The America operates as a full-service building with a 24-hour doorman and concierge and an unusually deep amenity package for the Upper East Side: an on-site parking garage, a fitness center, a heated indoor swimming pool, a dry sauna, a party room, a bike room, private storage, and laundry on every floor, with in-unit washer/dryers permitted. The condop structure means the day-to-day buying, selling, and subletting experience is closer to a condominium than a co-op. As always, buyers should review the building's financials, reserves, and any assessment history during due diligence, and confirm the current subletting and financing terms in writing.

Recent sales

As a cooperative, 1632 Second Avenue is best benchmarked on a price-per-room basis, with monthly maintenance and the building's amenity-heavy cost structure factored in. The building's defining feature for pricing is its flexibility: the absence of board approval and the permissive sublet policy widen the buyer pool to include investors and pied-à-terre purchasers who are shut out of traditional co-ops, which supports liquidity and turnover. The trade-off is an active owner-rental presence within the building, which buyers should understand. Pricing varies by line, floor, exposure, and whether a unit carries a balcony. Specific financing, sublet, and any flip-tax terms should be confirmed at offer stage.

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.

DateUnitApartmentPricePPSFvs. Ask
Jun 2, 2026505
1 BA · 500 sf
$590,000$1,180/sf-0.8%
May 26, 2026201
1 BR · 1 BA · 700 sf
$740,000$1,057/sf-1.3%
Mar 11, 20262405
2 BR · 2.5 BA · 1,350 sf
$1,575,000$1,167/sf-4.5%
Feb 4, 20261001
1 BR · 1 BA
$815,000-1.2%
Oct 28, 20251004
1 BR · 2 BA
$980,000-5.8%
Oct 7, 20252201
1 BR · 1 BA
$833,000-1.9%
Sep 4, 20252202
4 BR · 4 BA
$2,000,000-11.1%
Jul 30, 20252105
4 BR · 3 BA · 2,100 sf
$3,400,000$1,619/sf-1.4%

Market read. Most recent trades (2026) cleared a median $1,167/sf across 3 sales. Median listing discount 2.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
Sep 4, 202522023$2,000,000
Jul 30, 202521045$3,400,000
May 26, 2022304$745,000
Jan 11, 20222001/2002$2,350,000
Apr 14, 20211804$855,330
Jun 30, 2020PH1$656,250
View all 202 recorded transfers, sortable

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 1-01547-0049) 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

The flexibility is the product. No board approval, unlimited subletting, and an investor- and pied-à-terre-friendly posture make this one of the most accessible full-service buildings on the Upper East Side. Confirm the current terms in writing.

Benchmark as a co-op. Despite the condop flexibility, this is a cooperative — price it per room and model the maintenance.

The amenity package is deep. Pool, garage, gym, and sauna are real, but they carry cost. Review the financials and reserves.

Mansion tax thresholds may apply on larger combined units. Run pricing through the Mansion Tax Calculator.

What to know if you’re selling

Market the flexibility. The condop structure is the building's strongest differentiator. The widest possible buyer pool — including investors — is available to you here.

Lead with the amenities and the architecture. The pool, garage, and Jahn-designed tower are distinctive marketing assets in Yorkville.

Price per room with maintenance in context. Buyers will weigh monthly cost against the amenity set.

Comparable buildings

If you're considering 1632 Second Avenue, also evaluate:

The Roebling Team at The America

The Roebling Team at Compass specializes in the Upper East Side, Central Park West, and the broader Park-facing Manhattan market. We publish this building profile because buyers and sellers deserve building-specific intelligence — architecture, the realities of a condop ownership structure, operational cost, and apartment-level pricing — not generic market commentary.

If you're considering a purchase or sale at the America, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Considering a move at The America?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com