Condominium · 1982
309 East 49th Street
309 East 49th Street, New York, NY 10017
Buildings·Condominium

309 East 49th Street

309 East 49th Street, New York, NY 10017

At a glance
Year built
1982
Type
Condominium
Landmark
No
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
$1,403
Listing discount
4.0%
Recorded sales
116
On record
2003–2026

309 East 49th Street is a full-service condominium on one of Turtle Bay's quietest, most tree-lined blocks — a 1982 tower built when much of the surrounding neighborhood was still defined by brownstones and pre-war walk-ups. It was conceived as a modern, amenity-rich building for buyers who wanted contemporary construction, real outdoor space, and condominium ownership in a famously peaceful corner of Midtown East.

The building's quiet appeal is its setting and its amenities. Turtle Bay is among the most serene residential pockets in Midtown — close to the United Nations, Grand Central, and a dense network of subway lines, yet insulated from the bustle on its leafy side streets. Within that setting, 309 East 49th delivers a 24-hour doorman, concierge, a fitness center, and, distinctively for the neighborhood, wraparound terraces and balconies on select homes plus private garden access.

For buyers, the case is practical: a modern, full-service condominium with genuine outdoor space and flexible ownership, on a calm block minutes from the East Side's transit and institutions.

Architecture and unit composition

309 East 49th Street is a clean early-1980s tower — efficient and well-built, with the larger windows and modern systems that distinguish its era from the pre-war stock around it. The building sits on a wide lot, which allowed for generous floor plates and the terraces and balconies that are among its signature features.

The 85 residences span a practical range of layouts, with the building's most sought-after homes offering wraparound terraces, balconies, or private garden access — outdoor space that is genuinely scarce in this part of Midtown East. Post-war proportions mean livable, light-filled rooms, and many homes have been updated over the years. The upper floors capture the building's best light and city outlook, while the terraced and garden homes carry their own distinct premium.

Building operations

309 East 49th Street runs as a full-service condominium with a 24-hour doorman, concierge service, and a live-in resident manager. The amenity package is strong for the neighborhood: a fitness center, wraparound terraces and balconies on select homes, private gardens, bicycle storage, and private storage. The building is pet-friendly and wired for fiber internet service.

As a condominium, ownership is flexible — financing is straightforward, purchases clear through a right-of-first-refusal rather than a co-op board package, and pied-à-terre, LLC, trust, and investor purchases are customary. Common charges and real estate taxes are billed separately. The location is a genuine asset: a tranquil tree-lined block near the United Nations and Grand Central, with the 4, 5, 6, 7, S, E, F, and M lines all within reach.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$90,582/yr
Per unit / month range
$0 – $89
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Unsafe
What this means for you

An active hazard: the building must keep a sidewalk shed up and make repairs now — expect construction, disruption, and a likely special assessment. We’d get you the repair scope and the building’s funding plan up front, so you go in knowing exactly what’s underway and what it’s likely to cost.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
Unsafe
2025–30
Due
Next report due
by Feb 2029
On record
$3,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 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
May 14, 202621A
2 BR · 3 BA · 1,407 sf
$2,125,000$1,510/sf+1.2%
Apr 1, 20262B3B
4 BR · 3 BA · 2,371 sf
$1,600,000$675/sf-20.0%
Mar 31, 20263B
1,243 sf
$1,600,000$1,287/sfoff-mkt
Aug 9, 202419C
1 BR · 1.5 BA · 1,022 sf
$1,000,000$978/sf-15.3%
Mar 8, 202412B
2 BR · 2 BA · 1,243 sf
$1,250,000$1,006/sf-10.4%
Jan 3, 202410C
1 BR · 1.5 BA · 815 sf
$875,000$1,074/sf-12.1%
Oct 19, 202315D
2 BR · 2 BA · 1,125 sf
$1,749,000$1,555/sfoff-mkt
Jun 23, 20228B
2 BR · 2 BA · 1,243 sf
$1,595,000$1,283/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $1,403/sf across 2 sales. Median listing discount 4.0% 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.

12F · 1,336 sf+74%
$890,000 ($666/sf) 2003$1,400,000 ($1,048/sf) 2006$1,550,000 ($1,160/sf) 2019
6B · 1,243 sf+73%
$855,000 ($688/sf) 2004$905,000 ($728/sf) 2004$1,550,000 ($1,247/sf) 2015$1,475,000 ($1,187/sf) 2021
15D · 1,124 sf+67%
$1,048,000 ($932/sf) 2005$1,200,000 ($1,068/sf) 2009$1,660,000 ($1,477/sf) 2017$1,749,000 ($1,556/sf) 2023
6A · 1,390 sf+58%
$880,000 ($633/sf) 2004$1,390,000 ($1,000/sf) 2008
2C · 815 sf+57%
$750,000 ($920/sf) 2013$1,180,000 ($1,448/sf) 2017

Other recent transfers

DateUnitPrice
Nov 1, 201221B$916,500
Jan 1, 201112/14A$1,495,000
Jul 10, 200317C$585,000
View all 116 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 1-01342-7501) 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

This is a condominium, so the buying path is the lighter one — a right-of-first-refusal rather than a board interview, flexible financing, and no bar to pied-à-terre or investor ownership, and the building is pet-friendly. The biggest value lever here is outdoor space: a wraparound terrace, balcony, or garden access commands a real premium and is scarce in Turtle Bay, so prioritize accordingly. Beyond that, weigh floor and light, layout, and the scope of any renovation, and review the building's financials and reserve position. The quiet, tree-lined location near the UN and Grand Central is a durable asset that supports resale.

What to know if you’re selling

Lead with the building's strengths: a full-service condominium with a 24-hour doorman, concierge, and fitness center, plus the scarce outdoor space — terraces, balconies, and gardens — that sets it apart in Turtle Bay. If the home has a terrace or garden, make it the centerpiece, since outdoor space is the neighborhood's rarest amenity. Benchmark to comparable Turtle Bay and Midtown East condominiums, stage to the home's light and any outdoor advantage, and present renovation history clearly. A resale clears through a right-of-first-refusal on a faster, more predictable timeline than a co-op — itself a point worth making to buyers.

Comparable buildings

If you're considering 309 East 49th Street, also evaluate these Midtown East and East 50s peers:

The Roebling Team at 309 East 49th Street

The Roebling Team at Compass specializes in Midtown East, Sutton Place, and the broader full-service condominium market. We publish this profile because buyers and sellers evaluating an amenity-rich condominium like 309 East 49th Street deserve building-specific intelligence — the layouts, the outdoor space, the amenity program, and where the pricing sits among Turtle Bay condominiums.

If you're considering a purchase or sale at 309 East 49th Street, a 30-minute consultation is the right starting point.

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