230 East 15th Street (The Rutherford)
230 East 15th Street, New York, NY 10003
Gramercy Park
BBL 1008960032 · BIN 1019519
- Year built
- 1959
- Type
- Cooperative
- Units
- 175
- Floors
- 13
- Landmark
- No
- 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
- 2.7%
- Recorded transfers
- 144
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
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 before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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 →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, 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 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% | |
| Sep 17, 2025 | 4AB | 2 BR · 2 BA · 1,100 sf | $1,100,000 | $1,000/sf | -4.3% |
| Jun 2, 2025 | 10F | 1 BA | $525,000 | +0.0% |
Market read. Most recent trades (2026) cleared a median $1,182/sf across 1 sale. 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) 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 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
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at The Rutherford?
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 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.