- Year built
- 2016
- Type
- Condominium
- Units
- 71
- Floors
- 20
- Landmark
- No
- Pets
- Pets permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
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
- $1,677
- Listing discount
- 0.0%
- Recorded sales
- 100
- 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 is a mid-2010s new-development condominium in Murray Hill, on the stretch of Third Avenue where the neighborhood meets Midtown East. It belongs to the newest wave of corridor condominium construction — purpose-built ownership product with contemporary systems, finishes, and amenity programming that distinguish it from the older rental and prewar stock around it.
The value proposition is location plus modernity: a recent-vintage condominium with the flexibility of deeded ownership, in a Murray Hill location convenient to Grand Central, Midtown East, and the broader Gramercy–Murray Hill corridor, at price points below the trophy spine to the north and west. For buyers who prioritize new construction, building systems, and ownership flexibility, 591 Third Avenue is among the more contemporary options in the corridor.
Architecture and unit composition
591 Third Avenue is a mid-2010s new-development condominium — a contemporary residential building constructed to current standards, with the larger window lines and higher finish specification typical of its construction era. The apartment mix runs to one- and two-bedroom layouts sized for the corridor's buyer base, with a smaller number of larger residences. Because the building is recent, ceiling heights, glazing, and kitchen and bath specifications generally reflect newer construction; buyers should view layouts in person to calibrate on light, exposure, and floor, which drive value within the building.
Recent construction means newer mechanical systems, elevators, and common areas — a real diligence and carrying-cost advantage relative to older corridor inventory, subject to confirmation of current engineering condition.
Building operations
591 Third Avenue operates as a condominium, with owners paying common charges plus individually assessed real estate taxes rather than a single co-op maintenance figure. As a recent new-development building, it carries a contemporary service and amenity package — a fitness center, a residents' lounge, a rooftop terrace with a grill and dining area, a central laundry room, bicycle storage, and private storage. Buyers should review the current common-charge schedule, the building's reserve position, any tax-abatement status, and any recent or planned assessments as part of diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $16,871/yr
- Per unit / month range
- $0 – $20
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 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. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign 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 record last verified September 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.
Recent sales
591 Third Avenue is a condominium, so its market reads on a price-per-square-foot basis: deeds record price and date, and apartment-level square footage, beds, baths, asking price, common charges, and discount-to-ask complete each comparable. As a corridor matter, Murray Hill condominiums of recent vintage have generally traded above the corridor's older stock but below the prewar trophy spine, with pricing driven by floor, exposure, light, and apartment condition — and, in a newer building, by the freshness and specification of the original finish package. High-floor and well-exposed units typically command a premium. Because units are heterogeneous, apartment-level $/sf comparison beats a blended building average; we model each prospective transaction against recent in-building and corridor deeds.
Recent closings at this building, curated by The Roebling Team research desk. 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 | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,677/sf across 1 sale. 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) 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 headline. Deeded ownership permits pied-à-terre, investment, and sublet use under the declaration, with fast closings relative to co-ops. 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 above $1M. 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.
Condominium liquidity widens the pool. The flexibility of deeded ownership broadens the buyer base relative to co-ops; reflect that in marketing reach.
Closing timelines are condo-fast. Expect a materially shorter contract-to-close window than a board-approved co-op sale.
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; a step up in finish and price
- 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
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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.
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