- Year built
- 1961
- Type
- Condominium
- Units
- 100
- Floors
- 12
- Pets
- Permitted (dogs and cats)
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,199
- Listing discount
- 3.7%
- Recorded sales
- 37
- On record
- 2005–2026
240 East 46th Street is a full-service postwar condominium in the heart of Turtle Bay, a short walk from both the United Nations and Grand Central Terminal. Its architectural signature is a crown of curved, cantilevered terraces on the top floor that project out over the terraces two floors below — a detail that gives the gray-brick tower an unexpected ocean-liner profile against the Midtown East skyline. The brass-and-walnut lobby and elevators reinforce a mid-century sensibility that has aged well.
For buyers, the appeal is accessible full-service ownership: 24-hour doorman coverage, a club room, and a well-run building at a Midtown East price point that sits well below the corridor's newer luxury inventory. As a condominium, it offers the flexibility — pied-à-terre use, investment ownership, subletting — that the neighborhood's co-op stock does not.
Architecture and unit composition
The tower rises 12 to 13 stories in gray brick. The defining gesture is the top floor: curved, cantilevered terraces that overhang the terraces below, producing the building's distinctive crown. Entry is through a three-step-down vestibule flanked by landscaped planters, into a lobby finished in brass and walnut.
The unit mix runs studios to two-bedrooms — studios roughly 373 to 784 square feet, one-bedrooms roughly 425 to 848 square feet, and two-bedrooms roughly 717 to 768 square feet. Recent sales have averaged around $549,000, or approximately $1,137–$1,145 per square foot: studios near $560K, one-bedrooms near $650K, and two-bedrooms in the $736K–$791K range. As with any building of this vintage, published figures for exact year built, floor count, and unit count vary slightly between sources — confirm the specifics against building records at offer stage.
Building operations
240 East 46th Street operates as a full-service condominium with a 24-hour doorman, a resident superintendent, a laundry room, resident storage, and a club room. There is no on-site garage, no fitness center, and no roof deck — the top-floor terraces are private to their units. Buyers who want a gym or parking should factor nearby options into their carrying-cost math.
Recent sales
The building trades as a value-oriented full-service Turtle Bay condominium — recent sales averaging roughly $1,137–$1,145 per square foot, with the doorman, club room, and cantilevered-terrace architecture supporting pricing relative to plainer postwar neighbors. Proximity to the UN and Grand Central underpins durable demand from both end users and pied-à-terre buyers.
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 |
|---|---|---|---|---|---|
| Jan 9, 2026 | 8H | 1 BA · 425 sf | $505,000 | $1,188/sf | off-mkt |
| Aug 12, 2025 | 10E | 1 BA · 425 sf | $508,000 | $1,195/sf | -3.2% |
| Jul 14, 2025 | 11A | 1 BA · 378 sf | $545,000 | $1,442/sf | off-mkt |
| Apr 1, 2025 | 8G | 2 BR · 717 sf | $1,200,000 | $1,674/sf | off-mkt |
| Feb 12, 2025 | 10D | 1 BR · 1 BA · 719 sf | $650,000 | $904/sf | off-mkt |
| Feb 4, 2025 | 4D | 2 BR · 1 BA · 725 sf | $640,000 | $883/sf | -20.0% |
| Nov 12, 2024 | 10F | 1 BA · 425 sf | $505,000 | $1,188/sf | off-mkt |
| Nov 1, 2024 | 9D | 1 BR · 1 BA · 730 sf | $625,000 | $856/sf | -3.8% |
Market read. Most recent trades (2026) cleared a median $1,199/sf across 1 sale. Median listing discount 3.7% 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.
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 1-01319-7501) 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
Condo flexibility applies. Pied-à-terre use, investment ownership, and subletting are all workable under the declaration.
No gym or garage on site. Budget for outside options if those matter to you.
Confirm the building specifics. Year built, floor count, and unit count vary between public sources for this vintage — verify against building records during due diligence.
Top-floor terraces are the trophy inventory. The cantilevered crown terraces are the building's most distinctive units — worth targeting if available.
What to know if you’re selling
Lead with the architecture and location. The ocean-liner terrace crown and the UN/Grand Central proximity are genuine differentiators.
Full-service staffing supports pricing. 24-hour doorman coverage at this price point is a real advantage.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 240 East 46th Street, also evaluate:
- 335 East 51st Street — 1963 Midtown East condo with garage
- 100 East 53rd Street — Foster + Partners luxury Midtown East condo
- 303 East 57th Street — nearby Midtown East building
- 685 Second Avenue (The Hendrik House) — 1942 Murray Hill prewar co-op
The Roebling Team at 240 East 46th Street
The Roebling Team at Compass publishes building-specific profiles because buyers and sellers deserve architecture, operational reality, and transactional mechanics — not generic market commentary. If you're considering a purchase or sale at 240 East 46th Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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