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Condominium
The Morgan
34–38 East 35th Street, New York, NY 10016
Buildings·Condominium

The Morgan

34–38 East 35th Street, New York, NY 10016

BBL 1008640047

At a glance
Type
Condominium
Landmark
No
Amenities
Full amenity floor — fitness center, yoga studio, spa with sauna and steam, coworking rooms, private dining room, residents' lounge, and "The Conservatory" event space with courtyard access; 24-hour attended lobby, concierge, on-site management
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Morgan 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 Morgan is a ground-up condominium rising on a tree-lined Murray Hill block, taking its name and its cue from its neighbor, the Morgan Library & Museum — Pierpont Morgan's McKim, Mead & White landmark directly adjacent. Developed by Continuum Company and Aksoy Holding with design by INC Architecture & Design, it is an 18-story building of 137 residences engineered to bring new-construction condominium product to a neighborhood long dominated by prewar co-ops and post-war rentals. On a corridor where new condominiums are genuinely scarce, that alone distinguishes it.

The building's argument is the combination of address, design, and amenity depth. Murray Hill between Park and Madison is among the quietest, most central residential pockets in Midtown — minutes from Grand Central, the Park Avenue spine, and the East Side's transit grid, yet set on a low-rise, landmark-adjacent block. The Morgan layers onto that a contemporary bronze-toned façade, generous ceiling heights, and a full floor of amenities scaled well beyond what the neighborhood's older stock offers.

For buyers, the appeal is specific: a brand-new condominium — with the financing latitude, ownership flexibility, and resale liquidity a condominium provides — dropped beside one of New York's great cultural landmarks, in a neighborhood where almost everything else is a co-op with a board.

Architecture and residences

The Morgan presents as a refined contemporary tower: 18 stories clad in a grid of floor-to-ceiling windows set within bronze-hued metal paneling, a warm, durable envelope chosen to sit comfortably beside the Morgan Library's masonry rather than against it. The design intent throughout is light, proportion, and flow.

The 137 residences span studios to three-bedrooms, with select duplexes and penthouses and private outdoor space on certain homes. Ceiling heights reach beyond 13 feet in some residences, and the finish program runs to white oak flooring, custom cabinetry, and fully integrated appliances — the material specification and infrastructure that only new construction delivers from the ground up. The mix is deliberately broad, opening the building to first-time condominium buyers, downsizers, and families alike.

Amenities and lifestyle

The amenity program occupies a full floor and is unusually complete for a building of this size: a fitness center, a yoga studio, a spa with sauna and steam room, coworking rooms, a private dining room, a residents' lounge, and "The Conservatory," an event space opening to a courtyard. The lobby is attended 24 hours, with concierge service and on-site management. It is a wellness-and-social package scaled to a far larger development, reserved for 137 households.

The location is the building's quiet luxury. The Morgan sits beside the Morgan Library & Museum on a low-rise, tree-lined block between Park and Madison, two blocks from the 33rd Street 6 station and a short walk from Grand Central, the Lexington Avenue lines, and the restaurant and retail grid of Midtown South. Murray Hill's residential calm and central transit together are the reason buyers seek the neighborhood out — and a new condominium here is a rare way to own into it.

Ownership and what buyers should know

As a new condominium, The Morgan offers what its prewar co-op neighbors structurally cannot. Financing is flexible — condominiums do not impose the financing caps common at Murray Hill co-ops. There is no board admissions process — purchases clear a condominium right-of-first-refusal rather than a co-op board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary, and resale and subletting are materially freer than at the surrounding cooperatives. For buyers who want a Murray Hill address without a co-op board, that combination is the core of the case.

It is still delivering. With occupancy anticipated in 2027, a purchase here is a new-development transaction: the residences are offered under a condominium plan filed with the New York State Attorney General, and closing mechanics, common-charge and tax projections, and finish selections follow that plan and the construction timeline. We help buyers read the offering plan, benchmark the pricing against the new-condominium set, and structure the deal.

What to know if you’re selling

The condominium structure and new construction are the marketing core. New-condominium scarcity in Murray Hill, a landmark-adjacent address, a marquee design office, and a deep amenity floor are durable differentiators that set a resale here apart from the prewar co-op and post-war rental stock around it.

Benchmark to new and recent condominiums, not the prewar neighbors. Comparable analysis for a resale belongs against the newest condominium inventory in Murray Hill, NoMad, and eastern Midtown South — adjusted for floor, exposure, and outdoor space — rather than the surrounding co-ops.

Closing mechanics are condominium-standard. A resale clears through a right-of-first-refusal rather than a co-op board process, with predictable condominium timelines — itself a selling point to the financing- and flexibility-minded buyer this building attracts.

Early resales trade on scarcity. With a finite residence count and the first owners just taking title, available inventory will be thin; a well-positioned resale benefits from the building's debut pricing and the limited supply of comparable new product nearby.

Comparable buildings

If you're considering The Morgan, also evaluate nearby Murray Hill and Midtown South inventory:

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.

Considering a move at The Morgan?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com