308 East 38th Street
308 East 38th Street, New York, NY 10016
BBL 1009437502 · BIN 1021916
Every recorded sale at this building, 2018–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,037
- Listing discount
- 3.3%
- Recorded sales
- 92
- On record
- 2018–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Vantage 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 Vantage, the condominium at 308 East 38th Street, sits in Murray Hill between First and Second Avenues, a short walk from Grand Central, the United Nations, and the Midtown East core. Built in 2001 as the rental building "The Montrose," it was acquired in 2017 by a partnership of Gaia Real Estate and The Arco Group and converted to condominium ownership, reopening as The Vantage with new interiors by Andrés Escobar. It trades today as a for-sale condominium with an active resale market.
The building's argument is full-service, amenity-rich ownership at a Murray Hill price point: a 22-story doorman condominium with a deep amenity program — roof deck, fitness center, yoga studio, business center, media and game lounges — at pricing that sits below the trophy inventory of Midtown East and Sutton Place. For buyers who want a new-ish, well-amenitized condominium near Grand Central and the UN, The Vantage competes on service and amenity-per-dollar.
Architecture and unit composition
The Vantage is a contemporary high-rise: a brick-and-aluminum-panel façade rising 22 stories, with a portion of the tower cantilevered over the adjacent low-rise building — a massing move that gives the upper floors their light and views. The 2017–2018 conversion refreshed the interiors and the amenity floors while retaining the building's 2001 bones.
The residences run through the standard Murray Hill mix — one- and two-bedroom homes predominate, with the open layouts and contemporary kitchens and baths expected of a converted-rental condominium. Floor, exposure, and view — improved sharply on the cantilevered upper floors — drive the in-building pricing spread. Because the conversion is recent, a meaningful share of apartments were still sponsor-held as the resale market matured, so resale liquidity is real but should be read as moderate rather than fully sold-out.
Building operations
For a Murray Hill building, The Vantage's amenity program is genuinely deep: a 24-hour doorman, a live-in superintendent, a roof sun deck, a fitness center and yoga studio, a co-working/business center, a media lounge, a lobby lounge with a fireplace, a game room, bike storage, and a package room. The lifestyle and work-from-home amenities in particular put it ahead of most condominiums in its price band nearby.
As a condominium, the ownership terms are the flexible ones buyers expect: financing latitude with no co-op-style cap, no board admissions process, and pied-à-terre and investment ownership customary, with subletting and resale governed by condominium by-laws and a right-of-first-refusal. The building's investor-friendly, no-board-approval purchase path is a meaningful draw. Common-charge and tax specifics follow the offering plan; we review the current figures with buyers as part of any transaction.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $34,044/yr
- Per unit / month range
- $0 – $29
- Modeled exposure split equally across 97 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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 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.
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, 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 24, 2026 | 20D | 2 BR · 2 BA · 1,100 sf | $1,155,000 | $1,050/sf | -7.6% |
| Jul 17, 2026 | 19A | 2 BR · 2 BA · 1,295 sf | $1,235,000 | $954/sf | -1.2% |
| Apr 1, 2026 | 4B | 2 BR · 2 BA · 1,190 sf | $1,260,000 | $1,059/sf | -3.1% |
| Jun 10, 2025 | 22A | 2 BR · 2 BA · 1,295 sf | $1,350,000 | $1,042/sf | -20.4% |
| Jun 6, 2025 | 19Sponsor Sale | 2 BR · 2.5 BA · 1,069 sf | $1,225,000 | $1,146/sf | -0.8% |
| Jun 5, 2025 | 17 | 2 BR · 2.5 BA · 1,070 sf | $1,330,000 | $1,243/sf | -6.3% |
| Jan 28, 2025 | 15ASponsor Sale | 2 BR · 2 BA · 1,295 sf | $1,245,000 | $961/sf | -6.4% |
| Dec 30, 2024 | 1920B | 1 BR · 1.5 BA · 890 sf | $820,000 | $921/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,037/sf (floor-adjusted) across 3 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 3.3% 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 1-00943-7502). 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 Vantage, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 9 | $4,795 |
10 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.
At the recent median sale of $1.25M (9 sales since 2024), a buyer putting 25% down would pay about $54,728 to close, or 4.4% of the price.
- Mansion tax: $12,450
- Mortgage recording tax: $17,975
- Title insurance: $5,603
- Attorneys, lender, building fees, reserves and filings: $18,701
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The variables that move price here are floor, exposure, and the view premium on the cantilevered upper floors. Confirm whether a given apartment is a sponsor unit or a resale — the process and the required disclosures differ. Weigh the amenity package against the common charges: the deep amenity floors carry real value but also real operating cost. As a condominium, the purchase path is light — no board approval, flexible financing, pied-à-terre and investment ownership customary — which broadens the pool. We help buyers distinguish sponsor from resale inventory, read the offering plan, and model carrying costs.
What to know if you’re selling
Lead with the amenity depth and the flexible condominium form: a full-service doorman building with a roof deck, gym, yoga studio, and business and media lounges, a walk from Grand Central and the UN. Sellers should benchmark to recent in-building resales and comparable Murray Hill condominiums, present the no-board-approval purchase path to the investor and pied-à-terre buyers the building attracts, and market upper-floor and view apartments on the light the cantilevered massing provides. Because sponsor inventory has been part of the picture, positioning a resale correctly against remaining sponsor units is part of the pricing work.
Comparable buildings
If you're considering The Vantage, also look at these Murray Hill and Midtown East buildings:
- 160 East 38th Street — Murray Hill condominium
- 155 East 38th Street — Murray Hill building
- 20 East 35th Street — Murray Hill / Midtown East building
- 300 East 40th Street — Midtown East condominium
- 250 East 40th Street — Midtown East full-service 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.
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