Condominium · 2001
The Vantage
308 East 38th Street, New York, NY 10016
Buildings·Midtown East·Condominium

308 East 38th Street

308 East 38th Street, New York, NY 10016

CorridorMidtown East
At a glance
Year built
2001
Type
Condominium
Landmark
No
The Data Room

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
$1,124
Listing discount
4.3%
Recorded sales
89
On record
2018–2026

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.

Recent sales

Recent closings 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 1, 20264B
2 BR · 2 BA · 1,190 sf
$1,260,000$1,059/sf-3.1%
Jun 10, 202522A
2 BR · 2 BA · 1,295 sf
$1,350,000$1,042/sf-20.4%
Jun 6, 202519/20C
2 BR · 2.5 BA · 1,069 sf
$1,225,000$1,146/sf-0.8%
Jun 5, 202517/18C
2 BR · 2.5 BA · 1,070 sf
$1,330,000$1,243/sf-6.3%
Jan 28, 202515A
2 BR · 2 BA · 1,295 sf
$1,245,000$961/sf-6.4%
Dec 30, 20243F
2 BR · 1 BA
$775,000-3.0%
Dec 30, 20241920B
1 BR · 1.5 BA · 890 sf
$820,000$921/sfoff-mkt
Oct 17, 202417A
2 BR · 2 BA · 1,295 sf
$1,595,000$1,232/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $1,124/sf across 1 sale. Median listing discount 4.3% 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.

5B · 1,190 sf+0%
$1,295,000 ($1,088/sf) 2019$1,300,000 ($1,092/sf) 2024
4B · 1,190 sf-3%
$1,296,726 ($1,090/sf) 2019$1,260,000 ($1,059/sf) 2026
5E · 1,045 sf-4%
$1,250,000 ($1,196/sf) 2019$1,200,000 ($1,148/sf) 2022
10C · 660 sf-5%
$888,888 ($1,347/sf) 2018$840,000 ($1,273/sf) 2023
3D · 685 sf-5%
$830,000 ($1,212/sf) 2018$785,000 ($1,146/sf) 2020
View all 89 recorded sales, 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 1-00943-7502) 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 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:

The Roebling Team at The Vantage

The Roebling Team at Compass works Murray Hill and Midtown East closely — the converted-rental and new-development condominiums of the East 30s and 40s, their amenity programs, and how their pricing sits relative to the trophy inventory nearby. We publish this profile because buyers and sellers at amenity-driven condominiums deserve building-specific intelligence: design, the amenity program, ownership structure, and where the pricing sits.

If you're weighing a purchase or sale at The Vantage, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.

Considering a move at The Vantage?

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