- Year built
- 1901
- Type
- Condominium
- Units
- 16
- Floors
- 2010
- Landmark
- No
- Pets
- Pets permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2012–2023
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,055
- Listing discount
- 5.3%
- Recorded sales
- 32
- On record
- 2012–2023
220 Third Avenue — also addressed 148 East 19th Street and marketed as Gramercy 19 — is a boutique mixed-use condominium at the corner of Third Avenue and East 19th Street, at the very edge of the block that Gramercy residents have long called the Block Beautiful. The building dates to 1901, was converted to condominium ownership in 2006, and had its residential floors vertically enlarged in 2010 in a project designed by architect Lawrence Pinner of Pinner Associates.
What buyers respond to here is the address and the boutique scale. The building's residential floors sit above a commercial base, and the enlargement added penthouse duplexes reached by their own exterior spiral staircases — a distinctive touch that gives the top of the building private character. With 16 residences, this is a small building on one of Gramercy's most storied blocks, steps from Gramercy Park itself, Irving Place, and the Third Avenue corridor.
The building is for buyers who want a boutique Gramercy condominium with a distinctive top-floor product and one of the neighborhood's best addresses.
Architecture and unit composition
220 Third Avenue began as a 1901 corner building and was reshaped over two phases — the 2006 condominium conversion and the 2010 vertical enlargement by Pinner Associates. The enlargement raised the residential portion above the commercial base and introduced the building's signature feature: penthouse duplexes served by exterior spiral staircases, which give the upper residences private outdoor circulation and a distinctive silhouette at the corner.
Inside, the 16 residences range from standard-floor condominium homes to the penthouse duplexes at the top. Floor, exposure, corner position, and private outdoor access drive value; the penthouse duplexes with their spiral-stair terraces carry the building's premiums. The mixed-use structure and the corner location on the Block Beautiful give the building a specific character within the Gramercy condominium market.
Building operations
220 Third Avenue operates as a boutique mixed-use condominium: residential floors served by an elevator, above a commercial base, with private outdoor space for select units. This is not a large full-service building — there is no doorman staff of that type — and common charges are correspondingly scaled to a small building. Because the property is mixed-use and was enlarged in 2010, buyers should pay particular attention during due diligence to the commercial component, the allocation of common charges, and the reserve and capital history, all of which are normal considerations in a converted and enlarged corner building.
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 →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
As a condominium, 220 Third Avenue prices on a price-per-square-foot basis, with floor, exposure, corner position, outdoor space, and condition supporting premiums. The penthouse duplexes with their private terraces and spiral staircases command the building's top pricing. Turnover is light for a boutique building of this size; both resale and owner-rental activity occur, but it is an ownership condominium, not a rental building. Apartment-level context — floor, exposure, and outdoor access — drives pricing more than any building average, and the Block Beautiful address supports pricing for residences that present well.
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 31, 2023 | 3C | 1 BR · 1 BA | $1,075,000 | -16.7% | |
| Jan 13, 2023 | 7A | 1,239 sf | $2,650,000 | $2,139/sf | off-mkt |
| Jan 10, 2023 | 2C | 1 BR · 1 BA · 600 sf | $950,000 | $1,583/sf | -7.3% |
| Dec 29, 2021 | 5A | 2 BR · 1.5 BA · 903 sf | $1,625,000 | $1,800/sf | -4.1% |
| Sep 27, 2021 | 4B | 2 BR · 2.5 BA · 1,009 sf | $1,795,000 | $1,779/sf | off-mkt |
| Jan 21, 2021 | 4A | 2 BR · 1.5 BA · 781 sf | $1,348,000 | $1,726/sf | off-mkt |
| Dec 10, 2020 | 6B | 2 BR · 2 BA · 1,001 sf | $1,650,000 | $1,648/sf | off-mkt |
| Nov 23, 2020 | 3A | 1 BR · 1 BA | $999,947 | +0.5% |
Market read. Most recent trades (2023) cleared a median $2,055/sf across 1 sale. Median listing discount 5.3% 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 14, 2023 | PHA | $2,800,000 |
| Jun 21, 2012 | 7B | $2,227,421.88 |
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 1-00874-7504) 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 from recorded condo declarations and offering plans.
What to know if you’re buying
The address is the anchor. A corner at Third Avenue and East 19th, at the edge of the Block Beautiful and steps from Gramercy Park — one of the neighborhood's best locations.
The penthouse duplexes are the standout product. The top-floor duplexes with exterior spiral staircases and private terraces are the building's premium residences; verify what conveys with any given unit.
This is a mixed-use building. A commercial base sits below the residences; review the commercial component and the common-charge allocation during due diligence.
Confirm the enlargement history. The residential floors were enlarged in 2010; reserves, capital history, and any post-enlargement work should be reviewed.
Boutique scale, proportionate carry. With 16 residences and no large staff, common charges are scaled to the building's size; model the full monthly carry.
Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.
Mansion tax thresholds apply. At this building's pricing, the $1M and $2M cliffs can be in play. Run pricing through the Mansion Tax Calculator.
Variable board financial policy — confirm at offer stage. Financing percentages and any sublet terms specific to your situation should be confirmed in writing before you commit.
What to know if you’re selling
Lead with the address and the penthouses. The corner location at the edge of the Block Beautiful and the distinctive spiral-stair duplexes are the story; foreground them.
Pricing requires apartment-level comps. With 16 residences and a range from standard floors to penthouse duplexes, the individual apartment drives the number.
Present the outdoor space. For units with terraces, photography that reads the private outdoor space supports price.
Comparable buildings
If you're considering 220 Third Avenue, also evaluate these nearby Gramercy condominiums:
- 200 East 20th Street — nearby Gramercy condominium
- 230 East 20th Street — nearby Gramercy condominium
- 205 Third Avenue — directly nearby on Third Avenue
- 195 Third Avenue — nearby Gramercy condominium
- 121 East 22nd Street — nearby Gramercy condominium
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
Considering a move at 220 Third Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 220 Third 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.