230 East 15th Street (The Rutherford)
230 East 15th Street, New York, NY 10003
BBL 1008960032 · BIN 1019519
- Year built
- 1959
- Type
- Cooperative
- Units
- 175
- Floors
- 13
- Landmark
- In a historic district
- Pets
- Permitted
- Subletting
- Permitted after two years, then generally allowed on a rolling basis with board approval
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $523K
- Recent range
- $425K – $1.1M
- Listing discount
- 2.9%
- Recorded transfers
- 145
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A Private Pricing Opinion — what your apartment at The Rutherford 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.
230 East 15th Street — The Rutherford — is a full-service mid-century cooperative on East 15th Street between Second and Third Avenues, facing Stuyvesant Square. Built around 1959–1961 and converted to a cooperative in 1983, it is named for Rutherford Place, the short street that flanks the west side of the square, which the building anchors. Its defining amenity is the setting: apartments face an open, un-gated public park, across from the landmarked red-brick Friends Meeting House and Seminary — a quieter, more open counterpart to the private Gramercy Park a few blocks northwest.
The building is a characteristic white-brick apartment house of its era, with green marble portico columns, an angled entrance marquee, balconies at the east and west ends, and sidewalk landscaping. It is a near-sibling of 210 East 15th Street (Parc Fifteen) on the same block. It trades as an entry-to-mid-price Gramercy cooperative, weighted toward studios and one-bedrooms, and is properly read on a co-op, price-per-room basis.
For buyers, the appeal is a full-service co-op with an on-site parking garage and a landscaped roof deck, park-facing exposures for many units, and protected views — several apartments look across the square or toward the Empire State Building. The board policy framework is comparatively accommodating for a Gramercy co-op.
Architecture and unit composition
The Rutherford is a white-brick tower of roughly 13 to 14 stories with approximately 175 to 176 apartments. The building was first altered and renovated in the late 1980s, and its lobby and elevators have been updated more recently. The unit mix runs from studios through one- and two-bedroom layouts; park-facing units and higher floors capture the best light and views.
Because listings frequently transfer without a stated square footage, apartments here are best read on a price-per-room basis, with park exposure, floor, and renovation condition as the primary pricing variables. There are no in-unit washer-dryers; laundry is central.
Building operations
The Rutherford operates as a full-service cooperative: 24-hour doorman, live-in superintendent, an on-site full-service parking garage, a landscaped and furnished roof deck with panoramic views, a recently updated central laundry, a bicycle room, and available private storage. Elevators and the lobby have been renovated. The building does not carry a fitness center.
Financing is permitted up to 80 percent, and the cooperative carries a flip tax of 2 percent paid by the seller. Buyers should confirm the current maintenance schedule, any assessments, the reserve position, and the sublet policy detail during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $56,908/yr
- Per unit / month range
- $0 – $27
- Modeled exposure split equally across 175 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 2% of sales price
- Notable fees
- Sublet fee 35% yrs 1-2, 40% yrs 3-4, 50% yr 5; transfer agent fee $600
Recent sales
Because apartments transfer as cooperative shares, the building is best read on a price-per-room basis rather than strictly per square foot. It trades as an entry-to-mid-price Gramercy cooperative, heavy on studios and one-bedrooms, with steady volume. Pricing is driven by park exposure, floor, and renovation condition — park-facing units command a premium, and a park-view two-bedroom sits at the top of the building's range. The on-site garage and the Stuyvesant Square setting are consistent demand supports.
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 |
|---|---|---|---|---|---|
| Aug 12, 2026 | 1G | 1 BA · 550 sf | $840,000 | $1,527/sf | -6.1% |
| Aug 4, 2026 | 8N | 1 BA | $517,500 | -5.9% | |
| Jul 7, 2026 | 7M | 1 BR · 1 BA · 800 sf | $980,000 | $1,225/sf | +0.0% |
| May 8, 2026 | 5J | 1 BA | $450,000 | -5.3% | |
| Mar 25, 2026 | 1G | 1 BA | $825,000 | -2.9% | |
| Nov 19, 2025 | 2C | 1 BA · 600 sf | $610,000 | $1,017/sf | -2.4% |
| Nov 5, 2025 | 3N | 1 BA | $485,000 | -7.6% | |
| Sep 30, 2025 | 3A | 1 BA | $615,000 | -2.4% |
Market read. Most recent trades (2026) cleared a median $1,376/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 2.3% 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 |
|---|---|---|
| Apr 13, 2006 | 5F | $165,000 |
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 1-00896-0032). 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.
Closed rents at The Rutherford, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 4 | $3,849 |
Also $90 per sq ft per year (4 leases that report square footage). 5 closed sublet leases, October 2023 to September 2026. Most recent lease March 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $555K (16 transfers since 2024), a buyer putting 25% down would pay about $10,631 to close, or 1.9% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,631
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The park exposure is the asset — confirm it. Stuyvesant Square-facing units carry a premium and protected outlooks. Verify the specific exposure, floor, and view for any apartment you are considering.
This trades as a Gramercy co-op. You are buying cooperative shares, with a board process and moderate carrying costs relative to condos. Financing up to 80 percent is permitted, and subletting is allowed after an initial ownership period, subject to board approval.
The on-site garage is a real convenience. Confirm availability, waitlist, and pricing if parking matters to you.
Confirm carrying costs, reserves, and the flip tax. The building carries a 2 percent seller-paid flip tax. Review the maintenance schedule, any assessments, the reserve position, and recent capital projects, and model the full monthly carry.
Run the numbers on transfer costs. Run pricing through the Mansion Tax Calculator where applicable.
What to know if you’re selling
Lead with the park and the services. The Stuyvesant Square outlook, the on-site garage, and the roof deck are the building's differentiators. Marketing should foreground the setting and the full-service package.
Condition and exposure are your leverage. Because park exposure and renovation quality drive pricing spread, presentation, staging, and view documentation materially affect outcome.
Price per room against the right comps. Comparable analysis should weight park exposure, floor, and condition, and benchmark against 210 East 15th Street and the neighborhood's other full-service co-ops.
Comparable buildings
If you're considering 230 East 15th Street, also evaluate:
- 210 East 15th Street (Parc Fifteen) — the near-sibling white-brick cooperative on the same block, facing Stuyvesant Square
- 50 Lexington Avenue (Gramercy North) — 1987 condop cooperative; full-service, flexible policy framework
- Madison Green — full-amenity condominium at the Flatiron edge
- 45 East 22nd Street — modern Gramercy/Flatiron condominium tower
- Gramercy — the broader corridor's cooperative tradition
More Gramercy buildings
- 220 Third Avenue — 1901 condominium
- 224 East 17th Street — 1855 co-op
- 224 East 18th Street — 1869 co-op
- 230 East 18th Street — 1945 co-op
- The Modern at Gramercy Square, 230 East 20th Street — 2016 condominium
- 231 East 55th Street — 2001 condominium by Costas Kondylis & Partners
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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 The Rutherford?
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