The Milan
300 East 55th Street, New York, NY 10022
Sutton Place
BBL 1013477501 · BIN 1089507
- Year built
- 2003
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,624
- Listing discount
- 5.0%
- Recorded sales
- 309
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Milan 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 Milan, at 300 East 55th Street, is a 31-story full-service condominium completed in 2003 on a corner of Second Avenue with a storied past — the site of the legendary El Morocco, the zebra-striped Café Society nightclub where mid-century New York went to be seen. The building that replaced it is a different kind of landmark: one of the earliest and most polished products of the 2000s condominium wave in Turtle Bay, with 152 residences, a live-in resident manager, a parking garage, and a designed garden that set a higher standard for the corridor.
The building's appeal is the balance it strikes. It offers genuine full-service operation — including the rare luxury of an on-site garage and a live-in super — alongside the flexibility of condominium ownership, in a central, transit-rich Midtown East location. It was built to a higher specification than much of the surrounding 2000s stock, and its amenity set, anchored by a Zen garden designed by the noted landscape architect Ken Smith, reflects that ambition.
For buyers, the proposition is clear: condominium flexibility, a complete full-service staff, an on-site garage, and a refined amenity package, on a central Second Avenue corner with deep restaurant, retail, and transit convenience.
Architecture and unit composition
The Milan presents as a refined contemporary tower of its era — 31 stories of stone and glass with a clean, durable envelope, scaled to its Second Avenue corner. The architecture was pitched a notch above the standard 2000s condominium, with materials and detailing chosen to age well and to signal a building positioned toward the top of the Turtle Bay set.
The 152 residences span studios through three-bedrooms, with floor-to-ceiling windows, high ceilings, and hardwood floors. The corner siting yields open exposures and strong light across many lines; higher floors capture city and partial river views over the surrounding low-rise stock. Layouts are practical and well-proportioned, and many homes have been updated by individual owners over the years.
Building operations and lifestyle
The Milan is a full-service condominium with a notably complete operation. A 24-hour doorman and concierge attend the lobby, a live-in resident manager oversees the building, and amenities include a fitness center, a residents' lounge, a bike room, private storage, and an on-site parking garage — a genuine convenience in central Midtown. The building is pet-friendly. Its signature amenity is a landscaped Zen garden by Ken Smith, a designed outdoor retreat that gives the building a calm, distinctive sense of arrival rare among its peers.
The location is core Turtle Bay. At Second Avenue and 55th, the building is steps from Whole Foods, the dense restaurant grid of eastern Midtown, and the Lexington Avenue and 53rd Street subway lines, with Central Park, the United Nations, and the East River esplanade within easy reach. It is one of the most convenient and livable settings in Midtown East.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $79,331/yr
- Per unit / month range
- $0 – $57
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
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. City record last verified September 2026.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. 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 |
|---|---|---|---|---|---|
| Jul 30, 2026 | PHC | 3 BR · 3.5 BA · 2,669 sf | $4,650,000 | $1,742/sf | -6.1% |
| Jun 23, 2026 | 10D | 2 BR · 2.5 BA · 1,480 sf | $2,225,000 | $1,503/sf | -3.1% |
| Jun 22, 2026 | 10D | 2 BR · 2.5 BA · 1,480 sf | $2,275,000 | $1,537/sf | -0.9% |
| May 14, 2026 | 17B | 2 BR · 2.5 BA · 1,535 sf | $2,250,000 | $1,466/sf | -2.0% |
| Jan 29, 2026 | 10D | 2 BR · 2.5 BA · 1,480 sf | $2,225,000 | $1,503/sf | off-mkt |
| Apr 24, 2025 | 20C | 2 BR · 2 BA · 1,235 sf | $1,850,000 | $1,498/sf | -6.3% |
| Jan 16, 2025 | PHB | 3 BR · 3.5 BA · 2,515 sf | $4,920,000 | $1,956/sf | -1.1% |
| Dec 6, 2024 | 5F | 1 BR · 1.5 BA · 1,120 sf | $1,340,000 | $1,196/sf | -4.3% |
Market read. Most recent trades (2026) cleared a median $1,624/sf across 4 sales. Median listing discount 5.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 1-01347-7501) 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
The Milan is a condominium, which is its structural advantage in a corridor heavy with co-ops. Financing is flexible, there is no co-op board admissions process — purchases clear a lighter condominium right-of-first-refusal — and pied-à-terre, investment, trust, and LLC purchases are customary, with resale and subletting materially freer than at a co-op. The building is pet-friendly and offers an on-site garage — both meaningful conveniences. For buyers who want full-service living with flexibility in central Midtown East, the building is a logical target.
Underwrite the full carrying picture. Common charges fund the doorman, the live-in super, the garden and amenities, and building operations; real estate taxes complete the monthly figure. We help buyers model the all-in cost and weigh it against the co-op and rental alternatives nearby.
What to know if you’re selling
The Milan sells on its full-service operation and its conveniences. The live-in resident manager, the on-site garage, the pet-friendly policy, the Ken Smith garden, and the condominium structure are concrete, marketable differentiators — and the El Morocco history gives the address a memorable story that sets it apart in a corridor of anonymous towers.
Price to the Turtle Bay / Midtown East condominium set, adjusted for floor, exposure, and renovation. A high-floor corner line with open light belongs at the top of the building's range; an original lower-floor studio sets the entry. Condominium closing mechanics — a right-of-first-refusal rather than a board process — are themselves a selling point to the flexibility-minded buyer this building attracts, and a clean, well-presented listing moves quickly given the building's amenities.
Comparable buildings
If you're considering The Milan, also evaluate nearby Turtle Bay and Midtown East buildings:
- 250 East 53rd Street (The Veneto) — Midtown East condominium nearby
- 305 East 51st Street (Halcyon) — Midtown East condominium with pool
- 345 East 56th Street — Sutton-area co-op nearby
- 100 East 53rd Street — Midtown East luxury condominium
- 300 East 59th Street — full-service Midtown East building
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 Milan?
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