Loft53
245 East 53rd Street, between Second and Third Avenues · Midtown East
BBL 1013277503 · BIN 1090702
- Year built
- 2017
- Type
- Condominium
- Amenities
- Keyed elevator access, virtual doorman, storage
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Requires confirmation
Every recorded sale at this building, 2020–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,282
- 1 sale
- Listing discount
- 6.9%
- Recorded sales
- 6
- On record
- 2020–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Loft53 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.
About the building
Loft53 places five floor-through residences above commercial space on East 53rd Street. Vinbaytel Property Development developed the six-story building, with Roman Sorokko of Versatile Engineering as architect. The new-building permit was issued in May 2017, and the job was signed off in March 2020. Large casement-style windows frame the residential façade, with one apartment occupying each upper floor.
The residences have two bedrooms and two bathrooms in approximately 1,385 square feet. A keyed elevator opens directly into each home, and private balconies extend the living space outdoors. The penthouse adds a private roof terrace. Storage and a virtual doorman serve the five households. Ground-level commercial accommodation forms a separate condominium lot.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
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
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings 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 |
|---|---|---|---|---|---|
| Oct 3, 2025 | 2 | 2 BR · 2 BA · 1,385 sf | $1,775,000 | $1,282/sf | -11.2% |
| Oct 15, 2020 | PHSponsor Sale | 2 BR · 2 BA · 1,385 sf | $2,400,000 | $1,733/sf | +0.0% |
| Aug 5, 2020 | 6Sponsor Sale | 1,386 sf | $1,995,000 | $1,439/sf | — |
| Jul 21, 2020 | 4Sponsor Sale | 2 BR · 2 BA · 1,385 sf | $1,764,118 | $1,274/sf | -6.9% |
| Jun 26, 2020 | 3Sponsor Sale | 2 BR · 2 BA · 1,385 sf | $1,733,570 | $1,252/sf | -13.1% |
| May 26, 2020 | 5Sponsor Sale | 2 BR · 2 BA · 1,385 sf | $1,850,000 | $1,336/sf | -2.4% |
Market read. Most recent trades (2025) cleared a median $1,282/sf (recorded) across 1 sale. Median listing discount 6.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01327-7503; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at Loft53 and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with Loft53 and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like Loft53. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Five homes share a mixed-use building. The ground-floor commercial space makes the condominium's allocation of commercial ventilation, exhaust and insurance responsibilities particularly relevant. Those obligations may be divided between the commercial owner and the residential association; they should be established before accepting responsibility for a shared system.
Comparable buildings
- Minuet — a nearby new condominium with a small residential inventory and contemporary construction.
- 249 East 50th Street — an Isaac & Stern condominium offering a larger boutique-building alternative in Turtle Bay.
- Three Thirty Seven — a low-rise contemporary condominium designed by Peter Poon, north of the Midtown East location.
More Midtown East buildings
- 244 East 52nd Street (Minuet) — 2023 condominium by Isaac & Stern Architects
- 245 East 50th Street — 1980 condominium
- 245 East 54th Street (The Brevard) — 1977 co-op by Emery Roth
- 249 East 48th Street (Turtle Bay House) — 1957 condominium
- 249 East 50th Street — 2019 condominium by Isaac & Stern Architects
- The Alexander, 250 East 49th Street — condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 Loft53?
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