230 East 50th Street
230 East 50th Street, New York, NY 10022
Midtown East
BBL 1013230036 · BIN 1038238
- Year built
- 1927
- Type
- Cooperative
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $800K
- Recent range
- $760K – $1.3M
- Listing discount
- 1.0%
- Recorded transfers
- 59
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 →Management & transfer contacts
- Flip tax
- 2.5% of gross sale price
- Sublet policy
- Allowed (board approval)
- Pied-à-terre
- Allowed
- Notable fees
- Max financing 75%; corporate purchase/lease not allowed; no in-unit W/D
Recent sales
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 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 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) 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
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. That process is the trade for the stability and lower carrying structure a co-op provides. 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 and the buyer pool is owner-occupants who value provenance and stability. 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
The neighborhood
For the full corridor — architecture, schools, 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.
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.
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.