Cooperative · 1910
324 East 35th Street
324 East 35th Street, New York, NY 10016
Buildings·Midtown East·Cooperative

324 East 35th Street

324 East 35th Street, New York, NY 10016

CorridorMidtown East
At a glance
Year built
1910
Type
Cooperative
Units
24
Floors
5
Pets
Confirm current board policy at offer stage
Subletting
Permitted under board-set terms; confirm at offer stage

324 East 35th Street is a pre-war cooperative on a quiet Murray Hill / Kips Bay side street, between First and Second Avenues. This is the eastern, residential edge of Murray Hill — a low-rise, low-key pocket that trades the bustle of the avenues for calm, tree-lined blocks a short walk from Midtown, the East River, and the 6 train at 33rd Street. Murray Hill has long been a value-conscious counterpart to the pricier neighborhoods around it, and the eastern blocks like this one are where the neighborhood's quiet, pre-war residential character is most intact.

For the buyer who wants a pre-war cooperative at an accessible price point in a central, walkable location, the building is a clean proposition — a 24-unit, five-story co-op that has been shareholder-owned since its 1974 conversion.

Building operations

The cooperative runs lean and appropriately for its scale: an elevator, a laundry room, and a video intercom system, with a superintendent on staff. There is no doorman — standard for a boutique 24-unit pre-war co-op, and a meaningful factor in keeping monthly maintenance contained.

As a cooperative, ownership is by shares rather than deed: purchases require board approval and a board interview, financing is capped at a board-set percentage, and pied-à-terre, gifting, guarantor, and co-purchase arrangements are evaluated case by case. Subletting is permitted under terms set by the board. The exact financing maximum, any flip tax, the pet policy, and current sublet rules vary by board policy and should be confirmed at offer stage.

Recent sales

Co-op pricing is read on a per-room basis, and 324 East 35th Street trades as a boutique pre-war cooperative — modest carrying costs, pre-war layouts, and an accessible Murray Hill price point. With only 24 residences, resale volume is thin: a small number of closings in an active year. Demand here is driven by the central, walkable location, the pre-war character, and the value a co-op structure offers relative to nearby condominiums. When underwriting a purchase or a list price, capture the room count, the floor, the exposure, and the renovation condition rather than relying on a neighborhood average.

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.

DateUnitApartmentPricevs. Ask
Jul 8, 20141C
2 BR
$650,000-3.0%

Market read. Median listing discount 3.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
May 30, 20125B$532,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00940-0047) 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.

What to know if you’re buying

This is a cooperative, so the path is a board package and interview, a financing cap set by the board, and underwriting of the building's financials and house rules. Confirm the points that matter to you — the pet policy, sublet rules, and pied-à-terre stance — directly against current board policy. Review the co-op's financials, reserve, and any planned capital work, particularly given the building's age and the pre-war systems that come with a 1910 structure.

The reasons to buy are location and value: a quiet, central Murray Hill block a short walk from Midtown and the 6 train, pre-war scale, and a cooperative cost structure that keeps the entry point and carrying costs below condominium peers nearby.

What to know if you’re selling

The story is location and value. The central Murray Hill address, the 1910 pre-war architecture, and the accessible co-op price point are the differentiators — and they sell to a buyer who wants a walkable, established location and is comfortable with a co-op. Pricing is an apartment-specific exercise: room count, floor, light, and condition drive the number more than any block average. We position the Murray Hill narrative, prepare the buyer for the co-op process, and benchmark against the right comparable tier of pre-war Murray Hill cooperatives.

Comparable buildings

If you're considering 324 East 35th Street, also look at these nearby Murray Hill buildings:

The Roebling Team at 324 East 35th Street

The Roebling Team at Compass specializes in Murray Hill, Kips Bay, and the broader Midtown East cooperative and condominium market. We publish this profile because buyers and sellers of pre-war cooperatives deserve building-specific intelligence — the architecture, the cooperative structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.

If you're weighing a purchase or sale at 324 East 35th Street, 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 324 East 35th Street?

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