Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Flatiron $1,769/sf 3%
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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
No
Pets
Cats and dogs permitted per listing records
Financing
70 percent maximum (30 percent minimum down) per listing records
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
$829
Listing discount
3.4%
Recorded sales
256
On record
2003–2026

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 clean-cut post-war brick slab that architectural records have called a cut above most of its generation without claiming it as an architectural gem — the honest assessment. 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.

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
$77,031/yr
Per unit / month range
$0 – $31
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. Facade inspections run on a fixed five-year cycle; future inspection, 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 required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 transfers 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.

DateUnitApartmentPricePPSFvs. Ask
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%
Feb 5, 20251706
2 BR · 2 BA · 1,300 sf
$1,150,000$885/sf-4.2%
Nov 6, 20241805
1 BR · 1.5 BA
$1,025,000-6.8%

Market read. Most recent trades (2026) cleared a median $829/sf across 2 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
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
607 · 1,070 sf+51%
$660,000 ($564/sf) 2013$999,000 ($934/sf) 2015

Other recent transfers

DateUnitPrice
Dec 13, 20121507$744,000
View all 256 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) 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 on co-ops is not officially recorded, figures shown are approximate.

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:

The neighborhood

For the full corridor — architecture, schools, 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.

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, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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.