1652 First Avenue (Fairmont Manor)
1652 First Avenue / 401 East 86th Street, New York, NY 10028
BBL 1015660001 · BIN 1050547
- Year built
- 1963
- Type
- Cooperative
- Units
- 229
- Floors
- 19
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted
- Pied-à-terre
- Permitted
- Dogs
- Permitted with conditions
- Cats
- Not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2023–2025
- $720K
- 9 qualifying sales
- Recent range
- $437K – $1.8M
- Listing discount
- 2.4%
- Recorded transfers
- 131
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Fairmont Manor 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.
Fairmont Manor, also addressed as 401 East 86th Street, occupies the corner of First Avenue and East 86th Street. Built in 1963, it converted to cooperative ownership around 1980 as Fairmont Tenants Corp.
The location is near the Q train at 86th Street, Carl Schurz Park, the East River esplanade and Yorkville shops.
Architecture and unit composition
The 229 residences span a 19-story postwar elevator building with a practical mix of layouts — studios through larger family apartments. The red-brick fireproof structure is typical of its early-1960s vintage: efficient floor plates, generous light from the corner and avenue exposures, and ground-floor retail at the base.
Building operations
Fairmont Manor operates as a full-service co-op with a 24-hour doorman and a live-in resident manager. Amenities include an on-site parking garage with a resident discount, the landscaped roof deck with East River views, a fitness center, central laundry, and private storage. The 229-unit count does not establish the number of distinct owners or efficient maintenance; review the actual budget, debt, capital needs and share allocations. Buyers should review the co-op's financial statements, reserve fund, and any assessment history, and confirm current sublet, financing, and flip-tax terms in writing during due diligence.
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.
- Subletting by shareholders
- PermittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
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
- Dogs
- Permitted with conditionsPets permitted, including larger dogs (no published weight cap)Source: The Roebling Team's building profile
- Cats
- Not statedThe source permits pets without naming cats. Pets permitted, including larger dogs (no published weight cap)Source: 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
- Maintenance, per room
- $466 per room a monthMedian of 13 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.03 per square foot a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, roof deck, garage, storage, 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
- 2024–2029 annual penalty
- $113,327/yr
- 2030–2034 annual penalty
- $281,833/yr
- Per unit / month range
- $41 – $103
- Modeled exposure split equally across 229 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Compare dated sales using reliable measured area or consistent room counts, with maintenance and assessments in context. Adjust for line, floor and exposure, and test any proposed river-view premium against matched transactions. New development across First Avenue is changing the streetscape; evaluate its effect on the particular apartment’s view and light.
Recent transfers 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 |
|---|---|---|---|---|---|
| Dec 23, 2025 | 8D | 1 BR · 1 BA · 750 sf | $660,000 | $880/sf | -5.0% |
| Dec 16, 2025 | 15C | 2 BR · 2 BA | $1,395,000 | -6.7% | |
| Nov 4, 2025 | 8A | 1 BR · 1 BA | $725,000 | +0.0% | |
| Oct 31, 2025 | 10A | 2 BR · 800 sf | $817,391 | $1,022/sf | +2.8% |
| Oct 20, 2025 | 17M | 1 BR · 1 BA · 585 sf | $505,000 | $863/sf | -12.8% |
| Oct 15, 2025 | 18C | 1 BR · 1 BA · 680 sf | $700,000 | $1,029/sf | +0.0% |
| Aug 19, 2025 | 15E | 1 BR · 1 BA | $725,000 | +0.0% | |
| Jul 2, 2025 | 12N | 1 BR · 1 BA · 500 sf | $525,000 | $1,050/sf | -9.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $961/sf (floor-adjusted) across 7 sales. The building has traded as recently as 2026. Median listing discount 1.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 13, 2026 | 20F | $1,650,000 |
| Dec 5, 2005 | 11L | $125,000 |
| Sep 9, 2003 | 8E | $410,000 |
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 1-01566-0001). 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 on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at Fairmont Manor and nearby.
At the recent median sale of $725K (13 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $11,269 to close, or 1.6% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,269
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Fairmont Manor and its market
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What to know if you’re buying
Compare full-service ownership costs. Assess the actual price and services alongside identified Upper East Side alternatives. Model the maintenance and the all-in monthly carry.
Confirm use and purchase conditions. Subletting, guarantors, co-purchasing and pieds-à-terre are described as accommodated, and dogs, including larger dogs, are permitted with conditions. Obtain the current written terms.
Benchmark per room. Compare maintenance and price per room against other Yorkville co-ops.
Watch the streetscape. New construction across First Avenue affects views and light on certain lines — analyze the specific apartment.
What to know if you’re selling
Provide the current documents. Supply the operative purchase and use policies, service schedules, garage terms and charges.
Price per room with maintenance in context. Buyers will weigh the full monthly cost against the amenity set.
Comparable buildings
If you're considering 1652 First Avenue, also evaluate:
- 1632 Second Avenue (The America) — flexible condop tower nearby with a deep amenity set
- Manhattan House — large postwar full-service building
- 180 East 79th Street — established Lenox Hill full-service co-op
- 200 East 83rd Street — newer Yorkville-area condominium high-rise
- 40 East End Avenue — East End condominium for comparison
More Upper East Side buildings
- 1562 York Avenue — 1965 co-op
- 1628 Second Avenue — 1915 condominium
- 1632 Second Avenue (The America) — 1987 condop
- The Newbury (1659 Second Avenue) — 1971 co-op
- 1681 Second Avenue — 1966 co-op
- East River Tower (1725 York 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.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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 Fairmont Manor?
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