- Year built
- 2015
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted with conditions; species not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2015–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,467
- floor-adjusted, 5 sales
- Listing discount
- 0.0%
- Recorded sales
- 171
- On record
- 2015–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Halcyon 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.
Halcyon, at 305 East 51st Street, is a 32-story luxury condominium completed in 2015: the Department of Buildings permitted construction in December 2007 and issued the first temporary certificate of occupancy on June 16, 2015. With 123 residences, a glass-and-limestone envelope, and a genuinely high-specification finish program, it was conceived as a step above the workhorse condominiums that filled in eastern Midtown. Its calling card, and the reason it still draws amenity-minded buyers, is a windowed 52-foot indoor lap pool — a rarity at this scale and price tier.
The building sits in the heart of Turtle Bay, the quiet, tree-lined residential pocket of eastern Midtown that has long appealed to people who want central convenience without Midtown's noise — the United Nations district, the East River, and the Plaza District all within reach. Halcyon brought new-construction condominium product, with its flexible ownership rules and resort-grade amenities, to a corridor still dominated by post-war co-ops and rentals.
For buyers, the appeal is the package: condominium flexibility, a full-service staff, a serious pool-and-spa amenity floor, and high-specification residences, in a calm, central, transit-rich neighborhood.
Architecture and unit composition
Halcyon presents as a refined contemporary tower: a predominantly glass shaft warmed by a palette of limestone cladding and bronze metalwork, rising 32 stories to capture sweeping open views in every direction. The architecture is deliberately elevated for its category — the materials and detailing signal a building positioned at the top of the Turtle Bay new-construction condominium tier.
The 123 residences carry 10-foot ceilings, floor-to-ceiling double-paned windows, and wide-plank smoked-oak flooring, with custom kitchens, Calacatta Gold marble surfaces, and premium integrated appliances — a finish level that has held up well and that distinguishes resales here from the more standard product nearby. Higher floors command open city, river, and skyline views; the tower's slender footprint means light on multiple exposures across most lines.
Building operations and lifestyle
Halcyon is a full-service condominium built around its amenity floor. A 24-hour doorman and concierge attend the lobby; the centerpiece is a windowed 52-foot indoor lap pool, paired with a fitness center, a spa, and a sauna. A residents' lounge with a catering kitchen and a landscaped courtyard garden round out the package, alongside a bike room and private storage. The pool in particular is a durable differentiator — few buildings of this size in Midtown East offer a true lap pool, and it anchors the building's positioning.
The location is classic Turtle Bay. The building sits between First and Second Avenues on East 51st, a short walk from the Lexington Avenue 6 and E and weekday daytime F service at Lexington Avenue–53rd Street, Grand Central, Whole Foods, and the dense restaurant grid of eastern Midtown — with the United Nations, the East River esplanade, and Beekman a few blocks away. It is among the calmest, most central residential settings in Midtown.
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
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Condo Administrative Fee | Paid by Buyer | When With the application | Amount Two (2) months common charges | Refundable Non-refundable |
| credit check feePer applicant | Paid by Buyer | When With the application | Amount $250.00/per applicant | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Working Capital Contribution | Paid by Buyer | When With the application | Amount Two (2) months common charges | Refundable Non-refundable |
| Move Out Fee | Paid by Seller | When With the application | Amount $750 | Refundable Non-refundable |
| Closing Administrative Fee | Paid by Seller | When At closing | Amount $850 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move in Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Condo Administrative Fee | Paid by Landlord | When With the application | Amount Two (2) months common charges | Refundable Non-refundable |
| Move Out Fee | Paid by Landlord | When With the application | Amount $750 | Refundable Non-refundable |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $650 | Refundable Non-refundable |
| credit check feePer applicant | Paid by Tenant | When With the application | Amount $250.00/per applicant | Refundable Non-refundable |
| Move In Fee | Paid by Tenant | When With the application | Amount $750 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,000 | Refundable Refundable |
| Move in Deposit | Paid by Tenant | When With the application | Amount $1,000 | Refundable 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.
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.
- Leasing by owners
- Not verified
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedSubject to Board Approval (please refer to the House Rules for the pet policy)Source: building management's published schedule, as of October 2026
- 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.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,190 per room a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.21 per square foot a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.56 per square foot a monthMedian of 14 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.69 per square foot a monthMedian of 14 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
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, pool, spa, residents' lounge, garden, bike storage, storageSource: 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
- $127,489/yr
- Per unit / month range
- $0 – $86
- Modeled exposure split equally across 123 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).
Penalties shown are amounts DOB assessed against filings on record across 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2021
- Fully taxed from
- FY2022 (2021–22)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2022 runs July 1, 2021 to June 30, 2022. The benefit last appears on the 2021 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
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 |
|---|---|---|---|---|---|
| Sep 10, 2026 | 6H | 1 BR · 2 BA · 1,164 sf | $1,537,500 | $1,321/sf | -6.8% |
| Jun 9, 2026 | 11D | 1 BR · 1 BA · 953 sf | $1,560,000 | $1,637/sf | -2.2% |
| Mar 30, 2026 | 6G | 2 BR · 3 BA · 2,144 sf | $2,700,000 | $1,259/sf | -3.6% |
| Mar 20, 2026 | RU8B | 3,078 sf | $4,500,000 | $1,462/sf | — |
| Mar 20, 2026 | 89B | 4 BR · 4.5 BA · 3,078 sf | $4,500,000 | $1,462/sf | -9.1% |
| Jan 9, 2026 | 15F | 2 BR · 2 BA · 1,443 sf | $2,100,000 | $1,455/sf | +0.0% |
| Sep 5, 2025 | 3E | 1 BA · 752 sf | $890,000 | $1,184/sf | -6.3% |
| Jul 18, 2025 | 14B | 2 BR · 2 BA · 1,518 sf | $2,100,000 | $1,383/sf | -27.5% |
Market read. Most recent trades (2026 to date) cleared a median $1,467/sf (floor-adjusted) across 5 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 0.0% from the last ask.
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 1-01344-7503; 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 Halcyon, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 11 | $6,500 |
| 2 bedroom | 5 | $9,750 |
| 3 bedroom | 4 | $12,197 |
20 closed leases, October 2023 to September 2026. Most recent lease August 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 Halcyon and nearby.
At the recent median sale of $2.1M (9 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $89,129 to close, or 4.2% of the price.
- Mansion tax: $26,250
- Mortgage recording tax: $30,319
- Title insurance: $9,450
- Attorneys, lender, building fees, reserves and filings: $23,110
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Halcyon and its market
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What to know if you’re buying
Halcyon is a condominium, which is its structural distinction in a corridor heavy with co-ops. There is no co-op board admissions process — purchases run through the condominium's application and right-of-first-refusal — and leasing by owners is permitted under the building's documented terms. Confirm financing, pied-à-terre, investment, trust and LLC rules in the current declaration and bylaws. For buyers who want resort-grade amenities and condominium ownership in central Midtown East, the building is a logical target.
Underwrite the full carrying picture. Common charges fund the doorman, the pool and amenity floor, and building operations; real estate taxes complete the monthly figure. The lap pool and spa add operating cost relative to a bare-bones building — a fair trade for the lifestyle, and one we help buyers weigh against the alternatives.
What to know if you’re selling
Halcyon sells on its pool and its finish quality. The windowed 52-foot lap pool, the spa, and the high-specification residences are concrete, marketable differentiators that set the building apart from the more standard Turtle Bay condominium stock — and they reach amenity-driven and wellness-minded buyers directly.
Compare recent Midtown East condominium sales, adjusted for floor, exposure, view and condition. Assess a high-floor line with open views and original-quality finishes against matched transactions before placing it within the building's price range. 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; present the apartment and amenities clearly, and assess likely marketing time from current competition and dated sales.
Comparable buildings
If you're considering Halcyon, also evaluate nearby Turtle Bay and Midtown East buildings:
- 400 East 51st Street (The Grand Beekman) — full-service building on the same street
- 300 East 59th Street — full-service Midtown East building
- 345 East 56th Street — Sutton-area co-op nearby
- 100 East 53rd Street — Midtown East condominium
- 250 East 53rd Street (The Veneto) — a 2008 full-service condominium
More Midtown East buildings
- 301 East 50th Street — condominium by COOKFOX Architects
- 301 East 52nd Street — 1931 co-op by Delano & Aldrich
- The Towers of the Waldorf Astoria (303 Park Avenue) — 1931 condominium by Schultze & Weaver
- Turtle Bay Towers, 305 East 45th Street — 1929 co-op
- 309 East 49th Street — 1982 condominium
- 310 East 49th Street (Midtown East) — 1959 co-op
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 Halcyon?
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