216 East 52nd Street
216 East 52nd Street, New York, NY 10022
BBL 1013257504 · BIN 1038484
- Year built
- 1900
- Type
- Condominium
- Units
- 21
- Floors
- 6
- Landmark
- No
- Pets
- Generally pet-friendly (cats and dogs); confirm specifics at offer stage
- Subletting
- Permitted under the condominium bylaws
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2009–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,117
- Listing discount
- 10.2%
- Recorded sales
- 14
- On record
- 2009–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Pantheon 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.
216 East 52nd Street — marketed as The Pantheon — is a boutique 21-unit condominium occupying a turn-of-the-century, six-story masonry building on the mid-block stretch of East 52nd Street between Second and Third Avenues. It sits in the heart of Turtle Bay, the low-key Midtown East pocket where quiet residential side streets meet the offices, restaurants, and transit of the East Fifties. The building was converted to residential condominium ownership in the mid-to-late 2000s, giving it a distinctive combination: pre-war bones and scale on the outside, individually deeded condominium apartments inside.
For buyers, the appeal is the rarest thing in Midtown East — a small, human-scaled, deeded-ownership building in a neighborhood dominated by large postwar and glass-tower inventory. The Pantheon's 21 residences range from studios to two-bedroom duplexes, some with private outdoor space, and the building trades at price points well below the trophy-tower tier while still offering condominium flexibility. That makes it a genuine entry point into Midtown East ownership rather than a rental fallback.
Building operations
The Pantheon operates as a small full-condominium building with an elevator, an attended or virtual lobby, a resident superintendent, a fitness room, common laundry, resident storage, and a private courtyard/garden — an amenity set calibrated to a 21-unit boutique building rather than a large-tower package. Prospective buyers should confirm the current lobby-coverage model (attended versus virtual doorman) and staffing directly during due diligence, as small buildings adjust these arrangements over time.
Because the residences are deeded condominium units, ownership carries the flexibility that the form implies: there is no board interview in the cooperative sense, purchasers may finance through their own lender, and pied-à-terre use, investment ownership, and subletting are permitted under the condominium bylaws. The building is generally pet-friendly for cats and dogs. As with any condominium, confirm any transfer fee, the current sublet policy, and building financials at offer stage against the offering plan and current house rules.
Architecture and residences
The building dates to around 1900 and reads as a pre-war, low-rise masonry structure — six stories, an arched ground-floor treatment, and modest façade detailing consistent with its turn-of-the-century origins. The mid-2000s conversion reorganized the interior into 21 individually owned residences while preserving the building's intimate scale. Apartment layouts run from studios through two-bedroom configurations, including at least one duplex with private terrace space and roof access. Ceiling heights, window lines, and floor plates vary by line, which is characteristic of a converted pre-war building rather than a purpose-built new-development condo — a point of individuality buyers tend to value, and one that makes apartment-specific evaluation essential.
The block and Turtle Bay
East 52nd Street between Second and Third sits at the residential core of Turtle Bay, a Midtown East enclave known for its tree-lined side streets, its proximity to the United Nations and the East River, and its unusually deep bench of restaurants and everyday retail. The E and M subway lines at Lexington Avenue–53rd Street and the 6 at 51st Street are within a short walk, and the building is close to the Midtown business district while insulated from its intensity. Note that despite the neighborhood name, the building is several blocks north of the designated Turtle Bay Gardens Historic District and carries no landmark restrictions of its own.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Recent sales
The Pantheon is best read on a per-square-foot basis, as all Manhattan condominiums are, and it trades at price points well below the Midtown East trophy-tower tier. Studios form the entry point, and the two-bedroom duplex configurations with private outdoor space sit at the top of the building's range. Because the building is small — 21 units — resale inventory is thin, and any single closing carries more weight in the comparable set than it would in a large building. That makes per-unit underwriting, line-by-line, the right approach: floor, exposure, outdoor space, and layout drive value more than a building-wide average.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Jul 23, 2024 | 2F | 1 BA · 550 sf | $668,000 | $1,215/sf | -3.9% |
| Apr 1, 2024 | 2F | 1 BA · 550 sf | $560,000 | $1,018/sf | -22.8% |
| Dec 28, 2023 | 5A | 2 BR · 2 BA · 1,114 sf | $1,500,000 | $1,346/sf | -20.6% |
| Dec 4, 2015 | 1 | 2 BR · 1,555 sf | $2,500,000 | $1,608/sf | -10.7% |
| Nov 13, 2014 | TH12 | 2 BR · 2.5 BA · 1,555 sf | $2,275,000 | $1,463/sf | -4.8% |
| Oct 23, 2014 | 1B | 2 BR · 1,557 sf | $2,275,000 | $1,461/sf | off-mkt |
| Aug 9, 2013 | 1B | 2 BR · 1,557 sf | $1,500,000 | $963/sf | off-mkt |
| Jul 14, 2011 | PHA | 2 BR · 1,114 sf | $1,934,675 | $1,737/sf | -4.5% |
Market read. Most recent trades (2024) cleared a median $1,117/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 10.2% 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.
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 1-01325-7504). 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 The Pantheon, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $6,300 |
3 closed leases, October 2023 to September 2026. Most recent lease June 2025. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
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
Buying here is a straightforward condominium path — your own financing, no cooperative board approval in the substantive sense, and use flexibility (pied-à-terre, investment, subletting) that the form supports. The reasons to buy are specific: a genuinely boutique, deeded-ownership building in a neighborhood where most inventory is large-scale; pre-war character and varied layouts; and a price tier that opens Midtown East condominium ownership without a trophy-tower budget. Underwrite the specific apartment carefully — converted pre-war lines vary — and confirm common charges, taxes, building financials, and current staffing during due diligence.
What to know if you’re selling
The story here is scarcity and character: a small, deeded condominium with pre-war bones in the heart of Turtle Bay. Pricing should be apartment-specific rather than building-averaged — a duplex with a terrace and roof access underwrites very differently from a studio, and recent comparables on the relevant line and floor should anchor the number. Positioning should lead with the building's boutique scale, its condominium flexibility (a differentiator against the neighborhood's rental and co-op stock), and the specific outdoor space or layout advantages of the unit.
Comparable buildings
If you're considering 216 East 52nd Street, also look at these Midtown East / Turtle Bay boutique buildings:
- 226 East 52nd Street — same block, comparable small-building Midtown East ownership profile
- 345 East 52nd Street — nearby Turtle Bay building serving an overlapping buyer pool
- 100 East 53rd Street — architecturally distinguished Midtown East condominium a few blocks north
More Midtown East buildings
- 211 East 51st Street (Midtown East) — 1958 condominium
- 212 East 48th Street — 1924 co-op
- 212 East 57th Street — 2004 condominium
- The Octavia, 216 East 47th Street — 1985 condominium
- 219 East 44th Street — 2020 condominium
- The Leslie House (220 East 54th Street) — 1960 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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.
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