230 East 50th Street
230 East 50th Street, New York, NY 10022
BBL 1013230036 · BIN 1038238
- Year built
- 1927
- Type
- Cooperative
- 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 with conditions
- Pied-à-terre
- Permitted
- Pets
- Pets permitted with conditions; species not stated
- Washer/dryer
- Not permitted
- Maximum financing
- 75% of the purchase price
- Flip tax
- 2.5% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2025
- $800K
- 6 qualifying sales
- Recent range
- $760K – $1.3M
- Listing discount
- 1.0%
- Recorded transfers
- 59
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 230 East 50th Street 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 50th Street has a more interesting past than most of its Turtle Bay neighbors. It was built in the late 1920s as an artist-studio cooperative — a building conceived for working artists, with the double-height proportions and strong light that purpose implies — designed by Leonard Cox & Arthur Holden Associates, architects responsible for a number of notable residences of the era. It converted to a conventional cooperative in 1958, and one detail above all sets it apart: its lobby was designed by the legendary interior designer Dorothy Draper, whose signature "Modern Baroque" style is still preserved there, a flourish almost no boutique co-op in the neighborhood can claim.
For buyers, the appeal is character with stability: a pre-war co-op with genuine design pedigree, on a quiet Turtle Bay block, walkable to Grand Central, the United Nations, and the entire Midtown core.
Architecture and unit composition
The building presents the solid masonry of its late-1920s vintage; the real story is what's behind the door. The Draper-designed lobby — preserved in its Modern Baroque idiom — gives the building an arrival sequence with real provenance. The 43 residences carry the artist-studio building's legacy of strong light and considered proportions, layered with decades of owner renovation, so layouts and condition are unit-specific. As at any pre-war co-op of this age, the most desirable homes combine good light, intact proportions, and a thoughtful renovation.
Building operations
230 East 50th Street runs as a managed cooperative — operating as the 230 Tenants Corporation — with a full-time doorman and a resident superintendent. The amenity set is practical and well-kept: a common roof deck, additional common outdoor space, and a bike room. The building is pet-friendly. As a cooperative, purchases are subject to board review and approval, and the building's policies on financing, subletting, and pied-à-terre ownership follow its governing documents — the standard framework for a pre-war Midtown East co-op, oriented toward owner-occupants and long-term stability.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 2.5% of the gross sale price
- Rate
- 2.5% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $400 if all cash, $500 if financing | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $50 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When At closing | Amount $300 | Refundable Non-refundable |
| Recognition Agreement FeeConditional | Paid by Buyer | When At closing | Amount $275 if financing | Refundable Not stated |
| Transfer Fee | Paid by Buyer | When At closing | Amount $800 | Refundable Not stated |
| Move-Out Fee | Paid by Shareholder | When At closing | Amount $300 | Refundable Non-refundable |
Sublet
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $500 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Subtenant | When With the application | Amount $50 per applicant | Refundable Non-refundable |
| Move-In/Out Fee | Paid by Subtenant | When With the application | Amount $600 | Refundable Non-refundable |
| Sublet Fee | Paid by Subtenant | When Upon approval | Amount TBD, see House Rule #31 | Refundable Non-refundable |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Check FeeConditional · Per applicant | Paid by Shareholder | When With the application | Amount $50 per applicant. Only applicable to Long Form Refinance Application Only. | Refundable Non-refundable |
| Recognition Agreement Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 75% of the purchase priceSource: building management's published schedule, as of September 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for an employed child
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for a student child
- PermittedSource: building management's published schedule, as of September 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of September 2026
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
- Permitted with conditionsSee Sublease application-Board Approval required.Source: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of September 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedBoard approval required. See House Rules.Source: building management's published schedule, as of September 2026
- In-unit washer/dryer
- Not permittedSource: building management's published schedule, as of September 2026
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
- $863 per room a monthMedian of 5 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
- Roof deck, bike storageSource: 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
- $0 (under cap)
- 2030–2034 annual penalty
- $6,447/yr
- Per unit / month range
- $0 – $12
- Modeled exposure split equally across 43 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.
Management & transfer contacts
- Flip tax
- 2.5% of gross sale price
- Sublet policy
- Allowed (board approval)
- Pied-à-terre
- Allowed
- Policies and fees
- Max financing 75%; corporate purchase/lease not allowed; no in-unit W/D
Recent sales
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 |
|---|---|---|---|---|---|
| Jul 28, 2025 | 3B | 2 BR · 1.5 BA | $1,250,000 | -2.0% | |
| Jul 8, 2025 | 6D | 2 BR · 1.5 BA | $875,000 | +2.9% | |
| Sep 12, 2024 | 6B | 2 BR · 1 BA | $800,000 | +14.3% | |
| Apr 23, 2024 | PHD | 1 BR · 1 BA | $800,000 | -5.9% | |
| Jan 8, 2024 | 4A | 2 BR · 1.5 BA · 1,200 sf | $800,000 | $667/sf | +0.0% |
| Apr 26, 2023 | 10D | 2 BR · 1 BA | $800,000 | -13.5% | |
| Mar 29, 2023 | 4A | 2 BR · 1.5 BA | $760,000 | -15.5% | |
| Sep 8, 2022 | 2B | 2 BR · 1 BA | $830,000 | +3.8% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $667/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2025. Median listing discount 2.7% 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 |
|---|---|---|
| Dec 15, 2015 | 11A | $1,135,000 |
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 1-01323-0036). 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?
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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 230 East 50th Street and its market
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What to know if you’re buying
This is a cooperative, so the purchase runs through a board: a full financial and personal package followed by an interview, with financing and residency requirements set by the building's governing documents. Beyond board posture, value here is driven by the home — layout, exposure, light, renovation quality — and by the building's distinctive pedigree and central location. We help buyers assess the building's financials, prepare a board package that presents well, and benchmark a given line against the Midtown East co-op set.
What to know if you’re selling
The selling case is character: a former artist-studio cooperative with a preserved Dorothy Draper lobby, a genuinely uncommon point of difference among Turtle Bay's pre-war co-ops. Pair that with a quiet, central location. Presentation and board-readiness drive outcomes — a well-renovated, well-staged home that will clear the board cleanly commands the premium. Pricing belongs against the comparable Midtown East pre-war co-op set, with the building's design pedigree, layout, and condition all carrying weight in the number.
Comparable buildings
If you're considering 230 East 50th Street, also evaluate nearby Midtown East cooperative and condominium inventory:
- 150 East 49th Street — pre-war Turtle Bay cooperative nearby
- 250 East 49th Street — a 24-story full-service condominium
- 250 East 53rd Street — full-service Midtown East building
- 300 East 55th Street — Midtown East cooperative to the north
- 138 East 50th Street — Midtown East tower nearby
More Midtown East buildings
- 225 East 57th Street — 1963 co-op
- 226 East 52nd Street (The Enclave) — 1984 condominium
- 227 East 44th Street — 2014
- 231 East 55th Street — 2001 condominium by Costas Kondylis & Partners
- 232 East 47th Street (The Club at Turtle Bay) — 1988 condominium by Liebman & Liebman
- 235 East 49th Street (Midtown East) — 1925 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 230 East 50th Street?
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