Condominium · 1964
The St. Tropez
340 East 64th Street, New York, NY 10065

The St. Tropez (340 East 64th Street)

340 East 64th Street, New York, NY 10065

At a glance
Year built
1964
Type
Condominium
Units
301
Floors
34
Landmark
No
Pets
Pet-friendly — dogs and cats permitted
Subletting
Permitted after one year of ownership, then unlimited; a sublet fee of one month's rent applies
Pied-à-terre
Allowed
The Data Room

Every recorded sale at this building, 2002–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,218
Listing discount
5.3%
Recorded sales
314
On record
2002–2026

The St. Tropez is where condominium ownership in Manhattan began. When Marvin Kratter's Countrywide Realty completed the tower at 340 East 64th Street in 1964, the condominium form was so unfamiliar to New York buyers that the building had to explain what it was selling. New York's residential market had been built for decades on two tenures: the rental and the cooperative. The co-op, with its share structure, its board approval, and its proprietary lease, was the default form of ownership for an apartment above 59th Street. The condominium — fee-simple title to real property, recorded by deed, freely financeable and freely transferable — was a legal novelty that most buyers had never encountered. Kratter later remarked that condominiums were "like Chinese money" — people simply didn't understand them. The market's hesitation was real: 159 unsold units were transferred to a subsidiary of Israeli Discount Bank in 1966.

That slow start is now the building's distinction. Every condominium in Manhattan — every supertall on Billionaires' Row, every glass tower on the far West Side, every new-development conversion on Park Avenue — descends from the tenure structure that The St. Tropez introduced. The building is not architecturally famous. It is historically foundational. For a buyer, that history is more than trivia: it means The St. Tropez has offered the full menu of condominium flexibility — deed ownership, liberal financing, minimal purchase friction, permitted investor and pied-à-terre use — for longer than any comparable building in the city.

The daily-life case is straightforward and strong. This is a full-service Lenox Hill tower with a genuine rooftop pool, a valet garage, a fitness center, a playroom, and a live-in manager, at a $/sf that sits well below the Fifth and Park Avenue condo tier. Buyers who want condominium mechanics — no board interview, immediate flexibility, financeable at low down payments — in a large, well-run, amenity-rich building at an accessible price point find The St. Tropez a rational answer.

Architecture and unit composition

Brown & Guenther designed a postwar tower in dark-brown brick — a façade that drew criticism in 1964 for reading as "office-building"-like, at a moment when First Avenue itself was considered a rough address. Both judgments have aged out. The neighborhood is now solidly Lenox Hill, and the building's massing — a 34-story central tower stepping down to a 15-story eastern wing — gives it the setback profile and the rooftop real estate that produced its signature amenity: a 44-foot heated outdoor pool on top of the wing.

The 301 residences run from one-bedrooms through three-bedrooms, with a handful of four-bedroom penthouse combinations at the top. Layouts are flexible — many units convert to add a bedroom or a home office — and the apartments carry the practical postwar package buyers respond to: oversized windows, walk-in closets, in-unit washer/dryer capability, central air, and, on many lines, private terraces or balconies. Higher floors in the tower capture open city, river, and bridge exposures.

The recent-sales record supports a general $/sf band in the low-to-mid $1,200s to roughly $1,300 per square foot — an aggregate reading across the building, not a specific trade. That level places The St. Tropez firmly in the value tier of full-service Upper East Side condominiums: materially below the trophy corridors, competitive with the postwar and new-construction condo stock across Lenox Hill and Yorkville.

Building operations

The St. Tropez operates as a full-service condominium: 24-hour doorman and concierge, a live-in resident manager, and a staffed lobby. The amenity roster is real and used — the rooftop pool, the rooftop terrace, the fitness center, the children's playroom, a library and resident lounge, and a common dining room with a catering kitchen. The valet parking garage sits in an enclosed through-block driveway and is subsidized for unit owners; there is on-site laundry, resident storage, and a bike room in addition to in-unit washer/dryer capability.

Because the building is a condominium rather than a co-op, its governing documents lean toward flexibility, but they are not unlimited. Pets are welcome — dogs and cats both. Subletting is permitted after the first year of ownership and is then unrestricted, subject to a sublet fee of one month's rent and standard lease-package review. Pieds-à-terre and investor purchases are permitted. The one meaningful restriction buyers should note up front: entity and trust purchases are not permitted — units must be held in an individual name. A flat transfer fee to the condominium applies at closing; there is no percentage-based flip tax on record. Buyers should confirm the current fee schedule and any variable financial figures against the building's most recent documents at offer stage.

Recent sales

Recorded sales at The St. Tropez auto-populate from the building's tax lot and reflect a broad, liquid transaction history — this is one of the most actively traded large condominiums on the Upper East Side, precisely because condominium mechanics make units easy to buy, finance, and resell. Pricing is best read at the line and floor level: the tower's higher floors and terraced lines command premiums over the lower-floor and wing inventory, and view exposure (open city, river, and bridge sight lines) is the primary driver of variation.

The building trades on square footage, as condominiums do. The practical implication for buyers and sellers is that comparable analysis here is a $/sf exercise — normalize for floor, exposure, terrace, and condition, and the building's pricing is legible. The value-tier position is durable: The St. Tropez consistently prices below the Fifth/Park trophy corridor while offering a fuller amenity package than most co-ops at the same price.

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
Jun 23, 202615L
2 BR · 2 BA · 1,654 sf
$1,935,000$1,170/sf-2.5%
Jun 5, 20266L
3 BR · 3 BA · 1,654 sf
$2,250,000$1,360/sfoff-mkt
May 15, 202618M
1 BR · 1 BA · 1,051 sf
$1,300,000$1,237/sf+0.4%
Jan 22, 20269B
2 BR · 2 BA · 1,167 sf
$1,400,000$1,200/sf-12.2%
Jan 15, 202619L
3 BR · 2.5 BA · 1,600 sf
$2,075,000$1,297/sf-5.7%
Dec 10, 20258R
1 BR · 1.5 BA · 1,292 sf
$1,487,500$1,151/sf-2.5%
Aug 27, 202510G
2 BR · 2 BA · 1,461 sf
$1,550,000$1,061/sf-21.5%
Apr 30, 20255R
1 BR · 2 BA · 1,292 sf
$999,000$773/sfoff-mkt

Market read. Most recent trades (2026) cleared a median $1,218/sf across 5 sales. Median listing discount 5.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
May 3, 202211P$1,155,000
Aug 15, 20134K$1,625,000
Jun 18, 201334AB$2,900,000
Oct 10, 20085S$1,300,000
View all 314 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 1-01438-7501) 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

Condominium flexibility is the core of the story. Deed ownership, no board interview, liberal financing (historically to roughly 90% — confirm the current cap at offer stage), permitted pied-à-terre and investor use, and unrestricted subletting after year one. This is the flexibility that co-ops across the neighborhood cannot offer.

Note the entity/trust restriction. Unlike many condominiums, The St. Tropez does not permit purchases in an entity or trust name. Buyers planning to hold through an LLC or trust for estate or privacy reasons should factor this in early.

Price on square footage. Normalize comps for floor, exposure, terrace, and condition. The pool-wing units, the terraced lines, and the high-floor tower exposures each price differently.

The amenity package is a real value driver. A rooftop pool and a valet garage in a full-service Lenox Hill condominium at this $/sf is uncommon. Model the amenity value against the common charges.

Run the carry carefully. Model common charges, property taxes, parking, and utilities as a full monthly figure, and confirm any variable line against current building financials.

What to know if you’re selling

Lead with the flexibility and the amenities. The condominium tenure, the low-friction purchase process, the rooftop pool, and the garage are the building's marketing strengths — they widen the buyer pool to investors, second-home buyers, and financed purchasers who cannot clear co-op boards elsewhere.

Price at the line. Buyers and their agents will comp on $/sf; a seller who prices to the correct floor-and-exposure cohort, rather than to the building average, transacts faster.

Closing timelines are condo-fast. 30–45 days from contract to closing is typical, with no board interview to schedule.

Comparable buildings

If you're considering The St. Tropez, also evaluate:

The Roebling Team at The St. Tropez

The Roebling Team at Compass specializes in the Upper East Side, Central Park West, and the broader Park-facing Manhattan market. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at The St. Tropez, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, due diligence priorities, comparable analysis at the line-and-floor level, and the pacing strategy that fits your timeline.

The neighborhood

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

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