- Year built
- 1990
- Type
- Condominium
- Landmark
- No
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
- $1,245
- Listing discount
- 4.4%
- Recorded sales
- 271
- On record
- 2003–2026
The Mondrian is a well-established full-service condominium in the heart of Midtown East — a 43-story tower completed in 1990 by Fox & Fowle, the firm that would go on to design some of the city's most recognizable later buildings. The name nods to the building's graphically composed façade, and the tower has long been a respected, professionally run address on the seam between Midtown East and Sutton Place.
Its premise is straightforward and durable: full-service condominium living, at scale, in one of Manhattan's most central neighborhoods. As a condominium — rather than the co-op format that prevails on the surrounding blocks — it offers financing flexibility, ownership latitude, and the resale liquidity that ownership structure provides, paired with a complete doorman-and-concierge service model. With 174 residences, it carries the staffing and operating efficiencies that come with a larger building.
For a buyer, the appeal is practical and specific: a turnkey, full-service home with condominium flexibility, a short walk from Midtown's commercial core, the East River, and the dining and transit of the surrounding blocks — the convenience of central Midtown without the constraints of a co-op board.
Architecture and unit composition
Fox & Fowle gave the Mondrian a composed, graphically articulated exterior that distinguishes it from the plainer post-war stock nearby, and the 43-story height delivers light and outlook across the building's exposures, with the upper floors capturing long views over Midtown and toward the river.
The 174 residences span studios through three-bedroom layouts, with a concentration of one- and two-bedroom homes and a handful of larger residences and penthouse-tier homes at the top of the building. The 1990 vintage means efficient, light-oriented floor plans well suited to both end-users and the building's investor and pied-à-terre constituency. The higher-floor and view-line homes carry the building's premium.
Building operations
The Mondrian runs as a full-service condominium. A 24-hour doorman and concierge staff the lobby, with a live-in superintendent and fitness facilities among the building's services. As a condominium, purchases clear through a right-of-first-refusal rather than a co-op board admissions process, and financing, pied-à-terre, trust, and investment ownership are accommodated in the customary condominium manner — flexibility that has made the building popular with investors and pied-à-terre owners as well as primary residents. The location places residents within a short walk of the 6, E, and M trains, Midtown's commercial core, and the East River.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $104,444/yr
- Per unit / month range
- $0 – $50
Facade safety — Local Law 11
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.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 26, 2026 | 42PH4 | 3 BR · 3 BA · 2,304 sf | $4,550,000 | $1,975/sf | -8.9% |
| May 14, 2026 | 35A | 2 BR · 2 BA · 1,300 sf | $1,650,000 | $1,269/sf | -1.5% |
| Apr 27, 2026 | 22F | 2 BR · 2 BA · 1,253 sf | $1,620,000 | $1,293/sf | -1.8% |
| Mar 6, 2026 | 38C | 1 BR · 1 BA · 788 sf | $1,129,800 | $1,434/sf | -11.7% |
| Mar 6, 2026 | 8B | 1 BA · 376 sf | $585,000 | $1,556/sf | off-mkt |
| Feb 17, 2026 | 28A | 3 BR · 3 BA · 1,683 sf | $2,300,000 | $1,367/sf | -4.0% |
| Sep 5, 2025 | 25B | 1 BA · 400 sf | $632,500 | $1,581/sf | -2.7% |
| Jul 11, 2025 | 16A | 2 BR · 2 BA · 1,300 sf | $1,725,000 | $1,327/sf | -4.1% |
Market read. Most recent trades (2026) cleared a median $1,245/sf across 5 sales. Median listing discount 4.4% 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 |
|---|---|---|
| Jul 14, 2022 | 18B | $600,000 |
| Dec 28, 2021 | 5B | $545,000 |
| Jun 24, 2003 | 15E/F | $1,255,000 |
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 1-01327-7502) 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
The Mondrian offers full-service condominium living at scale in central Midtown East — its core appeal. Financing is flexible with no co-op cap, there is no board admissions process — purchases clear a right-of-first-refusal — and pied-à-terre, LLC, trust, and investment ownership are accommodated, with freer resale and subletting than the area's prevailing co-op stock.
Buyers should focus on floor and exposure — the upper floors carry the light and outlook that define value — and on renovation condition, which varies across a building of this size and vintage. The building's investor-friendly profile makes it a practical pied-à-terre or rental hold as well as a primary residence. For a buyer who wants a turnkey, well-located full-service home with condominium flexibility, the Mondrian is a strong and liquid option.
What to know if you’re selling
Condominium flexibility and the full-service profile are the marketing core. A Mondrian resale leads with the building's central Midtown East location, its complete doorman-and-concierge service model, and the liquidity that comes with a large, active condominium. Benchmark to Midtown East and Sutton Place's full-service condominium inventory, and foreground renovation, floor, and outlook where the home has them.
Closing mechanics are condominium-standard — a right-of-first-refusal rather than a co-op board, with predictable timelines that appeal to the flexibility-minded and investor buyers this building attracts. With 174 units, the building offers a deep and active resale market; well-renovated higher-floor inventory stands out within it.
Comparable buildings
If you're considering the Mondrian, the relevant set is Midtown East and Sutton Place's full-service inventory:
- 415 East 54th Street (St. James Tower) — Sutton-area full-service condominium nearby
- 345 East 56th Street — Sutton-area residential building
- 303 East 57th Street — full-service Sutton-area building
- 322 East 57th Street — Sutton-area full-service building
- 430 East 58th Street — Sutton-area full-service building
The Roebling Team at The Mondrian
The Roebling Team at Compass specializes in Midtown East, Sutton Place, and the broader full-service and investor market of the East Side. We publish this profile because a large full-service condominium like the Mondrian rewards a careful read — floor, exposure, and renovation all matter here — and buyers and sellers deserve building-specific intelligence.
If you're considering a purchase or sale at 250 East 54th Street, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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