Condominium · 1982
Dag Hammarskjold Tower
240 East 47th Street, New York, NY 10017
Buildings·Condominium

Dag Hammarskjold Tower

240 East 47th Street, New York, NY 10017

At a glance
Year built
1982
Type
Condominium
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,197
Listing discount
4.7%
Recorded sales
202
On record
2003–2026

Dag Hammarskjold Tower is one of Turtle Bay's defining residential high-rises — a 43-story condominium completed in 1982 on the southwest corner of Second Avenue and East 47th Street, two blocks from the United Nations and named for the UN's second Secretary-General, whose bronze bust the building keeps. Designed by Gruzen & Partners, it is unusual among East Side towers of its era in being a condominium rather than a co-op or rental, which gives buyers here the financing latitude and ownership flexibility that the surrounding pre-war and post-war co-op stock cannot match.

The building's height is its signature asset. At 43 stories it rises well above most of its Turtle Bay neighbors, and the upper floors capture sweeping views — the East River and the United Nations to the east, the Midtown skyline to the west and south. For a buyer who wants a full-service condominium with a real amenity floor, a rooftop pool, and big-sky views in the heart of the East Side, the tower is one of the most compelling options in the district.

Architecture and unit composition

The tower is a well-proportioned early-1980s design, its slab massing relieved by a chamfered corner at 47th Street incised with a vertical center groove — a small piece of detailing that gives the building a recognizable profile on the Second Avenue skyline. The masonry-and-window elevation is straightforward and durable, built for light and the views the height delivers rather than for ornament.

The 229 residences span studios through larger two- and three-bedroom layouts, with the floor plans and exposures varying widely across a 43-story tower. Height and orientation are the levers of value: the upper-floor units with East River, UN, and skyline outlooks command the building's premium, while lower and side-facing homes offer the same full-service building and amenity floor at gentler numbers. Many residences have been renovated over the building's four decades, so condition varies meaningfully across lines.

Building operations

Dag Hammarskjold Tower runs as a full-service condominium. A 24-hour doorman and concierge, a resident manager, and a service staff support the building. The amenity floor is the building's calling card — a rooftop heated indoor swimming pool, a fitness center, and a landscaped terrace — joined by a children's playroom, bicycle storage, and an on-site parking garage, an unusually deep package for a Turtle Bay building.

As a condominium, financing is flexible and not subject to the strict caps common at East Side co-ops, and pied-à-terre ownership, subletting, and purchases through trusts or LLCs are permitted under the bylaws — the ownership freedom that draws investors, diplomats and UN-affiliated buyers, and second-home purchasers to the building. Pets are welcome, subject to the house rules.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$141,218/yr
Per unit / month range
$0 – $51
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

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.

DateUnitApartmentPricePPSFvs. Ask
Apr 10, 202639AB
2 BR · 2 BA · 1,622 sf
$2,050,000$1,264/sf-6.8%
Mar 25, 202613D
1,388 sf
$1,545,000$1,113/sfoff-mkt
Feb 12, 202619B
2 BR · 2 BA · 1,183 sf
$1,400,000$1,183/sf-3.4%
Dec 11, 20259B
2 BR · 2 BA · 1,183 sf
$1,350,000$1,141/sf-1.8%
Oct 15, 202537C
2 BR · 2.5 BA · 1,433 sf
$1,720,000$1,200/sf-5.8%
Sep 4, 202533C
2 BR · 2.5 BA · 1,433 sf
$1,930,000$1,347/sf-3.3%
Dec 17, 20242D
1,308 sf
$1,900,000$1,453/sfoff-mkt
Oct 15, 202432F
1 BR · 1 BA · 1,000 sf
$1,275,000$1,275/sf-5.5%

Market read. Most recent trades (2026) cleared a median $1,197/sf across 3 sales. Median listing discount 4.7% 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.

13C · 1,433 sf+110%
$810,000 ($565/sf) 2004$1,750,000 ($1,221/sf) 2014$1,700,000 ($1,186/sf) 2023
25B · 1,200 sf+94%
$675,000 ($563/sf) 2004$930,000 ($775/sf) 2005$1,215,000 ($1,013/sf) 2013$1,310,000 ($1,092/sf) 2022
8F · 1,121 sf+80%
$695,000 ($620/sf) 2003$1,100,000 ($981/sf) 2005$1,250,000 ($1,115/sf) 2024
22C · 1,650 sf+78%
$950,000 ($576/sf) 2004$1,695,000 ($1,027/sf) 2010
9G · 898 sf+73%
$710,000 ($791/sf) 2009$1,225,000 ($1,364/sf) 2017

Other recent transfers

DateUnitPrice
Dec 10, 200928A$615,000
Jan 18, 20067F$1,200,000
Nov 15, 200518B$1,150,000
May 19, 200511D$875,000
View all 202 recorded sales, sortable

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 1-01320-7501) 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

Buy here for the rare Turtle Bay combination: a true high-rise condominium, a rooftop pool and fitness floor, an on-site garage, and big views — all with condominium flexibility rather than a co-op board. The purchase process is lighter than a co-op's, clearing through a right-of-first-refusal in place of a board package and interview, with flexible financing and the freedom to sublet or hold as a pied-à-terre.

Within the building, floor and exposure decide value. The high east-facing lines with the East River and UN outlook are the building's signature product; west and south exposures trade the river view for the Midtown skyline at different price points. Because the building turns over often, a target unit can be benchmarked directly against recent sales of the same line — we help read those comps and assess renovation condition, which varies widely across a tower now more than forty years old.

What to know if you’re selling

The selling case is strong: a full-service condominium high-rise with a rooftop pool, a garage, and commanding views, two blocks from the United Nations — at a price well below the Park and Fifth Avenue tier. The buyer pool is broad and includes UN- and diplomat-affiliated purchasers, investors drawn by the permissive sublet posture, and trade-up owners who want condo flexibility.

Two levers drive the achievable price. First, the view — a high east-facing line with the river and UN outlook is a different (and higher) product than a lower interior unit, and the listing should lead with whatever the residence actually sees. Second, condition — in a 1982 building, an updated kitchen and bath materially shorten time on market. Frequent internal turnover gives a clear, defensible comp set, and a condominium resale clears through a right-of-first-refusal rather than a co-op board — a faster, more predictable close that is itself a selling point.

Comparable buildings

If you're evaluating Dag Hammarskjold Tower, these nearby Turtle Bay and Midtown East buildings make a useful comparison set:

The Roebling Team at Dag Hammarskjold Tower

The Roebling Team at Compass specializes in Midtown East, Turtle Bay, the United Nations district, and the broader Manhattan condominium market. We publish this profile because buyers and sellers evaluating a full-service condominium high-rise deserve building-specific intelligence — how floor and view drive value here, what the rooftop pool and amenity floor are worth, and how the building's active turnover should shape a buying or pricing strategy.

If you're considering a purchase or sale at Dag Hammarskjold Tower, a 30-minute consultation is the right starting point.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com