537 Third Avenue (200 East 36th Street)
537 Third Avenue, New York, NY 10016
Murray Hill
BBL 1009160061 · BIN 1020201
- Year built
- 1955
- Type
- Cooperative
- Units
- 148
- Floors
- 19
- Landmark
- No
- Pets
- Permitted
- Subletting
- Permitted after three years of primary residence, with board approval
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $767
- Listing discount
- 3.1%
- Recorded sales
- 190
- On record
- 2003–2026
537 Third Avenue — the Third Avenue frontage of a corner cooperative whose primary address is 200 East 36th Street — is a full-service post-war cooperative in the Murray Hill and Kips Bay borderland. Built in 1955–1956 and converted to a cooperative in 1985, the 19-story building sits at the southwest corner of Third Avenue and East 36th Street, near Grand Central, the NYU Langone medical corridor, and the East River. Its cooperative corporation is 200 East 36th Owners Corp., and apartments transfer as co-op shares, so it is properly read on a co-op, price-per-room basis.
The building trades as an entry-to-mid-price Murray Hill cooperative, weighted toward one- and two-bedroom layouts, with some corner units, some private terraces, and Empire State Building views from higher floors. It is a bread-and-butter full-service co-op — doorman, live-in superintendent, a renovated fitness center, and a roof deck — at an accessible price point for a well-located building near Grand Central.
For buyers, the appeal is a full-service Murray Hill co-op with a comparatively complete amenity package for the neighborhood and vintage, at co-op pricing and carrying costs. The board maintains a defined policy framework, including a three-year residency requirement before subletting and restrictions on certain purchase structures.
Architecture and unit composition
The building is a 19-story post-war elevator building with approximately 148 residential apartments over ground-floor retail along Third Avenue. It was altered and renovated in the late 1980s, and its lobby and common areas have been updated more recently.
The unit mix skews to one- and two-bedroom layouts, with some corner apartments, some private terraces, and Empire State Building views from the upper floors. Because listings frequently transfer without a stated square footage, apartments here are best read on a price-per-room basis, with floor, exposure, outdoor space, and renovation condition as the primary pricing variables. In-unit washer-dryers are not permitted; laundry is central.
Building operations
200 East 36th Street operates as a full-service cooperative: 24-hour doorman, live-in superintendent, a recently renovated fitness center, a roof deck with panoramic city views including the Empire State Building, an interior garden, central laundry, a bicycle room, and storage lockers. The lobby and common areas have been renovated.
Financing is permitted up to 75 percent, and the cooperative carries a flip tax of 5 percent of net sale paid by the seller. Subletting is permitted after three years of primary residence, with board approval, on defined terms; short-term and hotel-style rentals are not permitted. The board restricts certain purchase structures — co-purchasing, parents buying for children, secondary-residence, and corporate purchases are treated as restricted or case-by-case — so buyers should confirm the applicable rules at offer stage, along with the maintenance schedule, any assessments, and the reserve position.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $30,106/yr
- Per unit / month range
- $0 – $17
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Because apartments transfer as cooperative shares, the building is best read on a price-per-room basis rather than strictly per square foot. It trades as an entry-to-mid-price Murray Hill cooperative, with one- and two-bedroom resales making up the bulk of the volume. Pricing is driven by floor, exposure, outdoor space, and renovation condition. Proximity to Grand Central and the medical corridor supports demand; the Third Avenue frontage carries some traffic and tunnel-approach noise that factors into pricing for lower and avenue-facing units.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 4, 2026 | 17B | 2 BR · 2 BA | $875,000 | -2.8% | |
| Mar 17, 2026 | 13A | 1 BA | $385,000 | -7.9% | |
| Jan 6, 2026 | 11E | 1 BA | $370,000 | -7.3% | |
| Dec 24, 2025 | 19A | 1 BR · 1 BA · 655 sf | $660,000 | $1,008/sf | -11.4% |
| Sep 4, 2025 | 13G | 1 BR · 1 BA | $595,000 | -0.7% | |
| Sep 3, 2025 | 3B | 1 BR · 1 BA · 750 sf | $620,000 | $827/sf | -4.5% |
| Sep 3, 2025 | 6B | 1 BR · 1 BA | $560,000 | -8.2% | |
| Jul 28, 2025 | 11C | 1 BR · 1 BA | $630,000 | -1.4% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $767/sf across 4 sales. The building has traded as recently as 2026. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 1-00916-0061) 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 on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
This is a full-service Murray Hill co-op. You are buying cooperative shares, with a board process and moderate carrying costs relative to condos. The amenity package — doorman, fitness center, roof deck, interior garden — is relatively complete for the neighborhood and vintage.
Confirm the board's purchase-structure rules. Financing is permitted to 75 percent, but co-purchasing, parents buying for children, and corporate or secondary-residence purchases are restricted or case-by-case. Confirm the applicable rules for your situation early.
Exposure and noise matter here. The Third Avenue frontage carries traffic and tunnel-approach noise. Prefer higher and side-street exposures for quiet, and view the apartment at multiple times of day.
Confirm carrying costs, reserves, and the flip tax. The building carries a 5 percent seller-paid flip tax on net sale. Review the maintenance schedule, any assessments, the reserve position, and recent capital projects, and model the full monthly carry.
Run the numbers on transfer costs. Run pricing through the Mansion Tax Calculator where applicable.
What to know if you’re selling
Lead with the services and the location. The full-service package, the roof deck and interior garden, and the Grand Central proximity are the differentiators. Marketing should foreground the amenity set and convenience.
Condition and exposure are your leverage. Because renovation quality, outdoor space, and exposure drive pricing spread, presentation, staging, and view documentation materially affect outcome.
Price per room against the right comps. Comparable analysis should weight floor, exposure, outdoor space, and condition, and benchmark against Murray Hill's other full-service cooperatives.
Comparable buildings
If you're considering 537 Third Avenue, also evaluate:
- 50 Lexington Avenue (Gramercy North) — 1987 condop cooperative to the south; full-service, flexible policy framework
- 100 East 53rd Street — Norman Foster condominium in Midtown East
- 303 East 57th Street — full-service Midtown East / Sutton Place tower
- Midtown East — the broader corridor's post-war cooperative and condominium stock
- Gramercy — the adjacent corridor to the south
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 537 Third Avenue (200 East 36th Street)?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 537 Third Avenue (200 East 36th Street) 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.