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Cooperative · 1974
The Landmark
300 East 59th Street, New York, NY 10022
Buildings·Sutton Place·Cooperative

300 East 59th Street (The Landmark)

300 East 59th Street, New York, NY 10022

Sutton Place

BBL 1013510001 · BIN 1040031

CorridorSutton Place
At a glance
Year built
1974
Type
Cooperative
Units
207
Floors
36
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Subletting by shareholders
Not permitted
Pied-à-terre
Permitted
Dogs and cats
Permitted
Maximum financing
70% of the purchase price
Flip tax
None
Doorman
Full-time doorman

The Landmark sales history: 255 recorded sales

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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, 2026 to date
$905
3 sales
Listing discount
3.4%
Recorded sales
255
On record
2003–2026
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Landmark 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.

As cited in The Wall Street Journal★ 92 reviews on Google

The Landmark occupies one of the most structurally distinctive sites in eastern Midtown: the full Second Avenue blockfront at the Manhattan entrance to the Queensboro Bridge. Architectural records credit it as the first major new tower erected at the bridge's Manhattan approach — a 36-story post-war high-rise that arrived in the early 1970s, before the Roosevelt Island Tramway station rose directly across Second Avenue. The name is pure developer ambition; the building is not a designated landmark. What it actually offers is more practical: very large windows, open bridge-and-river outlooks from the upper floors, an integrated garage, and a full-block footprint at the point where Sutton Place, Midtown East, and the 57th Street corridor converge.

The conversion history is unusually well documented in The Roebling Research Library. The cooperative offering plan is dated March 1, 1982, with sponsor Landmark Associates; the sponsor relinquished board control in 1985, and by the mid-2000s the remaining sponsor position had dwindled to eight apartments, acquired in August 2005 by GMK Landmark Ventures LLC as holder of unsold shares — all of this per the 35th and 36th amendments on file. For a buyer's attorney, that is the profile of a long-matured conversion: resident-controlled board for four decades, a marginal unsold-share position, and a commercial base (store, offices, garage, laundry) that contributes income to the corporation's economics.

The policy framework is the building's quiet differentiator. Listing records document no flip tax, 70 percent financing, pied-à-terre ownership permitted, and pets permitted — a permissive stack by co-op standards — paired with a no-sublet policy that keeps the shareholder base owner-occupied. That combination tends to attract primary-residence buyers and pied-à-terre owners who want co-op pricing without co-op friction, and it is a meaningful part of why the building trades steadily against the surrounding Sutton-area inventory.

Architecture and unit composition

The tower is a post-war brick slab. Its assets are fundamental: a full-block site, large and broad window openings rare for the vintage, and a height that clears the bridge approach to open east views over the East River, the bridge towers, and the tram cables, with city panoramas west and south from the upper floors and the roof deck. The roughly 207 apartments run from studios through three-bedroom lines; post-war layouts with defined foyers and generous closets, many with the building's signature oversized windows. The 1982 conversion-era records describe 220 apartments, so combinations have modestly thinned the count over four decades of resident ownership.

Building operations

Full-service: 24-hour doorman and concierge, live-in resident manager, porter staff, fitness center, landscaped roof terrace, storage, bike room, and the integrated commercial garage. Laundry service is unusually distributed — listing records describe laundry rooms on every floor. The commercial base (retail, offices, garage) sits within the cooperative's economics per the amendments on file. Alterations run through a documented board process — the procedures on file specify the fee and escrow structure and a 30-day review window. The offering-plan amendments and alteration documents are on file in The Roebling Research Library and available to clients during diligence.

Application and transaction fees

Flip tax (transfer fee on resale)
Terms
None per listing records — verify at offer stage

Source: The Roebling Team's building profile

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.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Financing and purchase requirements

Maximum financing
70% of the purchase priceSource: The Roebling Team's building profile

Sublet and pied-à-terre policy

A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.

Subletting by shareholders
Not permittedSource: The Roebling Team's building profile
Pied-à-terre ownership
PermittedSource: The Roebling Team's building profile

Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Pets and in-unit washer/dryer

Dogs and cats
PermittedSource: The Roebling Team's building profile
In-unit washer/dryer
Not verified

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Monthly carrying charges in recent sales

Maintenance, per room
$622 per room a monthMedian of 15 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance, per square foot
$2.17 per square foot a monthMedian of 10 recorded sales since October 2023Source: recorded sales, refreshed October 2026

Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, 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
Elevator
YesSource: NYC Department of City Planning records (PLUTO)
Amenities noted
Fitness room, roof deck, garage, bike storage, laundry 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

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$131,909/yr
Per unit / month range
$0 – $53
Modeled exposure split equally across 207 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.

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 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.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
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 September 2026.

See the full facade history →

Recent sales

Recent transfers 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.

DateUnitApartmentPricePPSFvs. Ask
Sep 17, 2026607
1 BR · 2 BA
$1,050,000-12.1%
Aug 13, 20263505
1 BR · 1.5 BA · 1,100 sf
$1,100,000$1,000/sf-4.3%
Apr 23, 2026803
1 BR · 1 BA · 850 sf
$640,000$753/sf-1.5%
Apr 13, 20262603
1 BR · 1 BA · 840 sf
$760,000$905/sf-5.0%
Mar 10, 20262601
2 BR · 2 BA
$1,325,000+2.7%
Aug 20, 20253105
1 BR · 1.5 BA · 1,075 sf
$1,045,000$972/sf-2.8%
Aug 13, 20252103
2 BR · 2 BA
$1,410,000-4.4%
May 19, 20251501
2 BR · 2 BA
$1,075,000-6.5%

Market read. Most recent trades (2026 to date) cleared a median $905/sf (recorded) across 3 sales. Median listing discount 3.4% 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.

1105 · 1,075 sf+75%
$585,000 ($544/sf) 2004 → $1,025,000 ($953/sf) 2021
1603 · 800 sf+62%
$430,000 ($538/sf) 2004 → $696,000 ($870/sf) 2014
607+59%
$660,000 ($564/sf) 2013 → $999,000 ($934/sf) 2015 → $1,050,000 2026
2604 · 850 sf+53%
$492,500 ($569/sf) 2006 → $755,000 ($873/sf) 2015 → $755,000 ($888/sf) 2020
904 · 850 sf+51%
$660,000 2018 → $999,000 ($1,175/sf) 2021

Other recent transfers

DateUnitPrice
Dec 13, 20121507$744,000
View all 255 recorded transfers, 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 1-01351-0001). 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 on co-ops is not officially recorded, figures shown are approximate.

For owners

What would your apartment rent for?

Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Landmark and nearby.

What would buying here cost?

At the recent median sale of $1.06M (10 transfers in the past 24 months, since October 25, 2024), a buyer putting 30% down would pay about $22,894 to close, or 2.2% of the price.

  • Mansion tax: $10,625
  • No mortgage recording tax or title insurance on a co-op purchase
  • Attorneys, lender, building fees and filings: $12,269

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 70% financing limit.

The Roebling Report

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What to know if you’re buying

Price the site honestly — in both directions. The bridge entrance is one of the busiest traffic points in Manhattan, and lower floors on Second Avenue and 59th Street hear it. But the same geography buys protected east views, the tram as a neighbor, Bloomingdale's a long block west, and the Guastavino-vaulted Bridgemarket retail beneath the bridge approach. Spend time in the specific line at rush hour before offering.

The policy stack is genuinely permissive. No flip tax, 70 percent financing, pied-à-terre permitted, pets permitted. For buyers comparing against stricter Sutton Place co-ops, this is a structural difference, not a marketing line. The exception is subletting — listing records indicate it is not permitted, so investors and buyers who may need rental flexibility should look to the corridor's condos instead.

Understand what the no-sublet policy buys you. An owner-occupied building with four decades of resident board control and a residual sponsor position of just a handful of units. Your attorney should confirm the current unsold-share status and review the corporation's financials; the amendment trail on file with us is a head start.

Transit is a genuine strength. The 4/5/6/N/R/W at Lexington–59th, the Q at 63rd, the tram across the avenue, and the bridge for drivers. Few full-service co-ops at this price point sit on this much connectivity.

Run the board math early. 30 percent down and standard co-op liquidity expectations apply — use the Co-op Board Qualification Calculator before offering, and verify current requirements with the managing agent.

What to know if you’re selling

Market the view stack and the windows. The oversized windows are the building's signature, and upper-floor bridge/river lines are the premium product. Photograph at dusk; the bridge lights and tram are the listing.

Lead with the policy framework. No flip tax and 70 percent financing widen the buyer pool meaningfully against neighboring co-ops. State it plainly in the marketing — buyers' agents filter on exactly these terms.

Position against the corridor's condos, not just its co-ops. Your buyer is often cross-shopping newer Second Avenue and First Avenue condos at materially higher dollars per square foot. The pitch is full service, garage, roof deck, and view at a co-op basis — with the carrying-cost comparison run honestly.

Comparable buildings

If you're considering 300 East 59th Street, also evaluate:

More Sutton Place buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Sutton Place — read The Roebling Team Guide to Sutton Place.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

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 Landmark?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com