Cooperative · 1974
Mill Rock Plaza
345 East 93rd Street, New York, NY 10128

345 East 93rd Street (Mill Rock Plaza)

345 East 93rd Street, New York, NY 10128

At a glance
Year built
1974
Type
Cooperative
Units
309
Floors
32
Landmark
No
Amenities
24-hour doorman/concierge, renovated lobby and hallways, residents' fitness center, landscaped sun deck (reimagined in late 2018 per management-sourced records), laundry rooms on each floor, bike room, and a package/mail room
Pets
Permitted per brokerage records — verify current terms
Financing
80 percent maximum (20 percent minimum down) per brokerage records

Mill Rock Plaza is one of the two big mid-1980s co-op conversions that anchor the East 93rd Street corridor — the other being Plymouth Tower at 340 East 93rd Street directly across the street — and together they define Yorkville's post-war value tier: full-service, high-rise cooperative living at pricing well below the avenue co-ops to the west. The building went up in the mid-1970s as a rental tower, took its name from the rocky East River island off the Yorkville shoreline, and converted under a non-eviction offering plan dated March 30, 1984, sponsored by Mill Rock Plaza Associates. The plan and its first thirteen amendments are on file in The Roebling Research Library, which is unusual documentation depth for a building in this tier.

The structural argument for the building is light and outlook. As a free-standing 32-story tower set behind its own plaza, Mill Rock Plaza is not hemmed in by adjacent construction the way mid-block Yorkville stock often is — architectural records note the building's many good views and consistent fenestration. Upper floors carry East River, bridge, and skyline outlooks that would price dramatically higher a few blocks south or west.

The other argument is policy. Brokerage records document a sublet framework that permits subletting after just one year of ownership, plus pied-à-terre flexibility and 80 percent financing — a materially more liberal stack than the Upper East Side co-op norm of two-year seasoning, capped sublet terms, and 50–75 percent financing. For investors-minded co-op buyers, parents buying near the 92nd Street Y and the corridor's schools, and first-time buyers who may need to keep options open, that framework is the building's quiet differentiator. As always, current terms should be verified with the managing agent before an offer.

Architecture and unit composition

The building rises 32 stories in grayish-brown brick over a landscaped plaza, with a canopied entrance and ground-floor retail at the base. There are no balconies; the design value is in the open exposures the free-standing massing produces. The original plan distributed 309 apartments — studios, one-bedrooms, and two-bedrooms in efficient post-war layouts — and four decades of combinations have brought the count to roughly 278 per management-sourced records, with three- and four-bedroom combinations now part of the mix. Lobby and hallways have been professionally renovated in recent cycles, and city records show alteration work filed in 2012.

Building operations

Full-service: 24-hour doorman and concierge, fitness center, bike room, a modernized package and mail operation, laundry rooms on every floor — a genuine convenience relative to single-basement-laundry peers — and a landscaped sun deck renewed in late 2018. The on-site garage and the retail base are revenue-relevant components buyers' attorneys should review in the financials. The offering plan and amendments 1–13 are on file in The Roebling Research Library; current financial statements should be requested through the managing agent during diligence.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

13EF+63%
$940,000 2015$1,535,888 2018
28C+35%
$599,000 2008$780,000 2015$810,000 2023
26A+25%
$530,000 2016$660,000 2023
25AK+16%
$1,275,000 2022$1,480,000 2025
17B+16%
$525,000 2007$607,500 2020

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Dec 9, 20252E$520,000
Oct 3, 20255E$515,000
Oct 7, 202520A$560,000
Oct 3, 20258E$512,500
Sep 24, 202525AK$1,480,000
Sep 22, 20254D$550,000
View all 117 recorded transfers, 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 1-01556-0023) 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

The policy stack is the headline. One-year sublet seasoning, pied-à-terre flexibility, and 80 percent financing per brokerage records put this building among the more liberal co-ops on the Upper East Side. If your circumstances need flexibility — relocation risk, a parent purchase, an eventual rental strategy — this framework matters more than finishes. Verify every term with the managing agent; run the Co-op Board Qualification Calculator before offering.

Buy the exposure, not the line. As a free-standing tower, the building's value gradient runs vertically: upper-floor river and skyline views are the premium product, and the spread from low to high floors in the same line is wide. Walk the specific unit at the time of day you'll live in it.

The Q changed this corridor. The Second Avenue subway station at 96th Street — and the entrance reaching toward 94th — put this block minutes from an express-quality ride down Second Avenue. Older commentary about Yorkville's transit isolation no longer applies; price your commute accordingly.

Resolve the flip-tax question before contract. Listing records conflict on whether a transfer fee exists. Your attorney should confirm the current fee structure, sublet terms, and any assessments against the managing agent's documents — we provide the offering plan and amendment history from the Research Library as the baseline.

Compare carefully across the street. Plymouth Tower at 340 East 93rd offers a rooftop pool and health club on a fee basis; Mill Rock Plaza answers with floor-by-floor laundry, the plaza setting, and its sublet flexibility. The right choice depends on which amenities you will actually use.

What to know if you’re selling

Market the framework, not just the unit. The sublet and financing posture is a genuine differentiator in this tier and many buyers' agents will not surface it unprompted. State it plainly in the marketing, with the caveat to verify current terms.

Anchor to the corridor's two-building market. Buyers shopping this block are almost always cross-shopping 340 East 93rd. Price against the live competition across the street, line for line and floor for floor, not against building-wide averages.

Condition and floor decide outcomes here. Renovated, high-floor view units clear quickly; original-condition low-floor stock clears on price. Run the Renovation Cost Calculator against your asking strategy before listing.

Comparable buildings

If you're considering 345 East 93rd Street, also evaluate:

  • 340 East 93rd Street (Plymouth Tower) — the direct competitor across the street; similar vintage and conversion era, with a rooftop pool and health club
  • 200 East End Avenue — post-war co-op on the East End Avenue prestige corridor; utilities-included maintenance and park frontage at a step-up price
  • 525 East 86th Street — early-1960s full-service Yorkville co-op closer to Carl Schurz Park
  • Astor Terrace (245 East 93rd Street) — 1980s condo neighbor; the condo alternative on the same block
  • Carnegie Park (200 East 94th Street) — post-war condo with a full amenity program one block north
  • Ruppert Yorkville Towers (1601–1619 Third Avenue) — the corridor's large-scale condop alternative
  • 180 East 88th Street — boutique new-development condo; the new-construction step-up
  • 1628 Second Avenue — pre-war condo alternative on the Second Avenue spine

The Roebling Team at Mill Rock Plaza

The Roebling Team at Compass works Yorkville and the broader Upper East Side as a core practice area, and we have direct transaction experience at Mill Rock Plaza — our files include recent in-building deal documentation alongside the offering plan and amendment history. We publish this building profile because East 93rd Street buyers and sellers deserve building-specific intelligence — conversion documentation, policy framework, and corridor-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 345 East 93rd Street, a 30-minute consultation is the right starting point.

Considering a transaction at Mill Rock Plaza?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com