591 Third Avenue
591 Third Avenue, New York, NY 10016
BBL 1009197502 · BIN 1090414
- Year built
- 2016
- Type
- Condominium
- Floors
- 20
- Pets
- Pets permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Generally allowed in condominiums; not confirmed for this building
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2018–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,660
- floor-adjusted, 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 81
- On record
- 2018–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Lindley 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.
591 Third Avenue, known as The Lindley, is a Murray Hill condominium near East 38th–39th Streets, convenient to Grand Central and Midtown East. The developer identifies Rawlings Architects as the designer and CBSK Ironstate — SK Development, CB Developers and Ironstate Development — as the development team.
The developer’s project page lists 75 condominium residences, while PLUTO 26v2 records 71 residential units. The project description and tax-lot record have not been reconciled to a current dwelling count; confirm the approved unit schedule.
Architecture and unit composition
The project combines condominium apartments with ground-floor retail. The reported residential mix includes one- and two-bedroom layouts and larger homes; inspect the specific floor plan, window orientation and finishes rather than inferring them from construction date.
Review recent engineering reports, elevator and mechanical-system service records, warranties, reserves and planned capital work to establish current condition and costs.
Building operations
Owners pay common charges plus individually assessed real estate taxes. Facilities include a fitness center, residents’ lounge, rooftop terrace with a grill and dining area, central laundry, bicycle storage and private storage. Review current common charges, reserves, any tax-abatement status and recent or planned assessments.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $692 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.35 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.62 per square foot a monthMedian of 8 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $0.73 per square foot a monthMedian of 8 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, roof deck, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $34,506/yr
- Per unit / month range
- $0 – $40
- Modeled exposure split equally across 71 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2020–25 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2029
- Years remaining
- ~4 yrs
- Program
- 421-a (10-year)
The 421-a benefit ends within a few years. Taxes will step up toward the full assessed amount as it phases out — factor the post-abatement tax into any resale math.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2030 runs July 1, 2029 to June 30, 2030.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
Compare dated sales using price per square foot where reliable interior-area measurements are available. Record price, closing date, area, beds, baths, asking price and common charges, then adjust for floor, exposure, light and condition. Distinguish original finishes from later renovations and avoid a blended building average when layouts differ.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 28, 2026 | 12A | 2 BR · 2 BA · 1,077 sf | $1,699,000 | $1,578/sf | -5.6% |
| Oct 31, 2024 | 5D | 1 BR · 1 BA · 737 sf | $1,300,000 | $1,764/sf | -3.7% |
| Sep 6, 2024 | 10C | 1 BR · 1 BA · 737 sf | $1,230,000 | $1,669/sf | -15.2% |
| May 16, 2024 | 3C | 2 BR · 1,111 sf | $1,535,000 | $1,382/sf | -14.1% |
| Jun 5, 2023 | 9B | 1 BR · 1 BA · 782 sf | $1,250,000 | $1,598/sf | -9.4% |
| May 20, 2022 | 7B | 1 BR · 1 BA · 782 sf | $1,335,000 | $1,707/sf | -4.3% |
| Feb 3, 2022 | 8D | 1 BR · 737 sf | $1,325,000 | $1,798/sf | -1.5% |
| Dec 14, 2021 | 15ASponsor Sale | 2 BR · 2 BA · 1,077 sf | $1,800,000 | $1,671/sf | — |
Market read. Most recent trades (2026 to date) cleared a median $1,660/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00919-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at The Lindley, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $5,075 |
5 closed leases, October 2023 to September 2026. Most recent lease March 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Lindley and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with The Lindley and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like The Lindley. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Condominium flexibility is the headline. Deeded ownership permits pied-à-terre, investment, and sublet use under the declaration. Specific financial sublet terms are governed by the declaration and house rules.
Price on $/sf and per apartment. Capture square footage, exposure, floor, and condition; compare against recent in-building and corridor deeds rather than a single average.
Carrying cost is common charges plus taxes. Model the full monthly carry — common charges, real estate taxes, and any abatement status — rather than a single number.
Mansion tax applies at $1M or more. Run any prospective purchase through the Mansion Tax Calculator; additional cliff thresholds apply at higher price points.
What to know if you’re selling
Floor, light, and finish drive price. In a newer building, exposure, floor, and the condition and specification of the apartment separate comparable units; price to where a specific unit sits in that range.
Comparable buildings
If you're considering 591 Third Avenue, also evaluate:
- 300 East 40th Street — Murray Hill condominium; direct corridor peer
- 45 Park Avenue — Murray Hill condominium; with actual finish and price differences to establish from the apartment and dated matched sales
- 71 Park Avenue — Murray Hill condominium; corridor peer
- 368 Third Avenue — Kips Bay condominium; corridor peer at an older vintage
- 34 Gramercy Park East — the corridor's prewar trophy reference point
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 Lindley?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com