325 East 45th Street

The Lausanne is a late-1970s masonry high-rise: 30 stories, large picture windows, through-wall air conditioning, and no balconies, entered through a covered porte cochère that sets it apart from the flush-to-sidewalk inventory nearby. The 1980 conversion established the condominium; the building's bones and layouts are of its 1977 vintage.

The residences skew to studios and one-bedroom homes, with some larger layouts, in the efficient plans typical of the era. Floor and exposure — with the higher floors clearing the surrounding low- and mid-rise fabric for East River and cityscape light — drive the in-building pricing spread. The predominance of smaller apartments underpins the building's role as a pied-à-terre and value-buyer destination.

The Lausanne runs as a full-service condominium: a 24-hour doorman, a live-in superintendent, the covered porte cochère, an on-site parking garage, a second-floor fitness center, a landscaped roof deck, a laundry room, and bike and private storage. The garage and porte cochère are meaningful amenities for the price band, and the building is known for keeping common charges and taxes low relative to the service level — a core part of its value case.

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 ownership permitted and common. Subletting is permitted (short-term and transient use is not), and resale runs under condominium by-laws with a right-of-first-refusal. The building's pet policy is restrictive. 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.

Market read. Most recent trades (2005) cleared a median $998/sf across 3 sales.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01338-7502) 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.

The variables that move price here are floor and exposure — the higher floors clearing the surrounding fabric for East River and skyline light carry the premium. The value case rests on the building's low common charges and taxes, so model the full carry and confirm the current figures. As a condominium, the purchase path is light — no board approval, flexible financing, pied-à-terre ownership permitted — which is much of the building's appeal; note the restrictive pet policy if that matters to you. We help buyers value floor and exposure, read the offering plan, and benchmark price per square foot against the Turtle Bay set.

Lead with the value proposition that defines the building: a full-service, garage-equipped condominium with low common charges and taxes, beside the UN, in flexible condominium form. Sellers should benchmark to recent in-building resales and comparable Midtown East condominiums, present the carrying-cost advantage clearly to the pied-à-terre and value-focused buyers the building attracts, and market higher-floor apartments on their light and views. The building's /sales history and comparable Turtle Bay condominiums are the right pricing frame.

If you're considering The Lausanne, also look at these Turtle Bay and Midtown East buildings:

• 300 East 40th Street — Midtown East condominium
• 250 East 40th Street — Midtown East full-service building
• 145 East 48th Street — Midtown East condominium
• 160 East 38th Street — Murray Hill condominium
• 110 East 57th Street — Midtown East building

The Roebling Team at Compass works Turtle Bay and Midtown East closely — the value-oriented and full-service condominiums of the East 40s, their carrying-cost structures, and how their pricing sits relative to the new-development inventory nearby. We publish this profile because buyers and sellers at value-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 Lausanne, a 30-minute consultation is the right starting point.