The Mondrian
250 East 54th Street, New York, NY 10022
BBL 1013277502 · BIN 1038562
- Year built
- 1990
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
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, 2026 to date
- $1,305
- floor-adjusted, 9 sales
- Listing discount
- 3.8%
- Recorded sales
- 317
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Mondrian 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.
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 has no co-op board admission, owners may lease their units, and it pairs that with a complete doorman-and-concierge service model. Confirm financing and ownership-entity rules in the current declaration and bylaws. 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 owners may lease their units; confirm financing, pied-à-terre, trust, and investment-ownership rules in the current declaration, bylaws and house rules. The location places residents within a short walk of the 6, E, and M trains, Midtown's commercial core, and the East River.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $700 (If Broker involved), $750 (If no Broker involved) | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $75 per applicant/occupant (LLC required to submit fee for business credit check - if applicable) | Refundable Non-refundable |
| Messenger Fees | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Transaction Fee | Paid by Buyer | When With the application | Amount Studio: $400; 1 Bedroom: $600; 2 Bedroom: $800; 3 Bedroom: $1000 | Refundable Non-refundable |
| Closing Document Preparation Fee | Paid by Seller | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Transaction Fee | Paid by Landlord | When With the application | Amount Studio: $400, 1 Bedroom: $600, 2 Bedroom: $800, 3 Bedroom: $1000 | Refundable Non-refundable |
| Application Processing FeeConditional | Paid by Tenant | When With the application | Amount $700 (If Broker involved), $750 (If no Broker involved) | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Tenant | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeeConditional · Per applicant | Paid by Tenant | When With the application | Amount $75 per applicant/occupant (LLC required to submit fee for business credit check - if applicable) | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Tenant | When With the application | Amount $500 (Amount will be returned to tenant after the move-in to the building is complete. In case of damage to the Condominium property, the cost of repairs will be deducted from this deposit.) | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Condo Lease Fee | Paid by Landlord | When With the application | Amount Studio: $400, 1 Bedroom: $600, 2 Bedroom: $800, 3 Bedroom: $1000 | Refundable Non-refundable |
| Lease Renewal Processing Fee | Paid by Landlord | When With the application | Amount $500 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $876 per room a monthMedian of 15 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.11 per square foot a monthMedian of 16 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.68 per square foot a monthMedian of 26 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.56 per square foot a monthMedian of 26 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Amenities noted
- Fitness roomSource: The Roebling Team's building profile
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $157,847/yr
- Per unit / month range
- $0 – $76
- Modeled exposure split equally across 174 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Sublet policy
- Leases 1 year term only
- Policies and fees
- Transaction fee by unit size (Studio $400 to 3BR $1000); pets OK upon approval
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 |
|---|---|---|---|---|---|
| Aug 21, 2026 | 37B | 2 BR · 2.5 BA · 1,260 sf | $1,635,000 | $1,298/sf | +2.5% |
| Aug 14, 2026 | 14D | 1 BR · 1.5 BA · 788 sf | $1,075,000 | $1,364/sf | -1.8% |
| Jul 24, 2026 | 28C | 1 BR · 1.5 BA · 788 sf | $1,085,000 | $1,377/sf | -8.1% |
| Jul 17, 2026 | 10EF | 3 BR · 3 BA · 1,650 sf | $1,806,500 | $1,095/sf | -4.7% |
| 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% |
Market read. Most recent trades (2026 to date) cleared a median $1,305/sf (floor-adjusted) across 9 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.8% 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 1-01327-7502; 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.
Closed rents at The Mondrian, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 6 | $3,525 |
| 1 bedroom | 7 | $5,500 |
| 2 bedroom | 4 | $7,997 |
18 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Mondrian and nearby.
At the recent median sale of $1.59M (18 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $67,338 to close, or 4.2% of the price.
- Mansion tax: $15,925
- Mortgage recording tax: $22,992
- Title insurance: $7,166
- Attorneys, lender, building fees, reserves and filings: $21,255
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Mondrian and its market
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What to know if you’re buying
The Mondrian offers full-service condominium living at scale in central Midtown East — its core appeal. There is no co-op board admission — purchases clear a right-of-first-refusal — and leasing by owners is permitted; confirm financing, pied-à-terre, LLC, trust, and investment-ownership rules in the current declaration, bylaws and house rules.
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. Confirm pied-à-terre and leasing rules in the building's current governing documents. 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 actual apartment layout and condition; assess liquidity from dated sales. Benchmark to Midtown East and Sutton Place's full-service condominium inventory, and foreground renovation, floor, and outlook where the home has them.
Purchases run through the condominium's application and right-of-first-refusal process rather than a co-op board. The building has 174 units; review dated transfers and current competing listings before assessing resale activity or the position of a renovated higher-floor apartment.
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
More Midtown East buildings
- 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 Veneto, 250 East 53rd Street — 2006 condominium
- 252 East 57th Street — 2016 condominium by Skidmore, Owings & Merrill
- 255 East 49th Street (Sterling Plaza) — 1985 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 The Mondrian?
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