Condominium · 1987
The Allegro
62 West 62nd Street, New York, NY 10023

62 West 62nd Street (The Allegro)

62 West 62nd Street, New York, NY 10023

At a glance
Year built
1987
Type
Condominium
Units
120
Floors
27
Landmark
No
Pets
Permitted under condominium rules
Subletting
Permitted under the condominium declaration
Pied-à-terre
Allowed
Financing
Qualifies for financing with all major lenders
The Data Room

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
$1,577
Listing discount
3.7%
Recorded sales
120
On record
2003–2026

The Allegro is a full-service condominium at the single most connected corner of the southern Upper West Side. Standing at the southwest corner of West 62nd Street and Broadway, the building is half a block from Central Park, half a block from Lincoln Center, two blocks from Columbus Circle and the Shops at Columbus Circle, and directly across the street from 15 Central Park West — Robert A.M. Stern's landmark condominium and the benchmark of the modern park-facing market. Few Upper West Side addresses sit so precisely at the intersection of culture, transit, and park access.

Completed in 1987, the Allegro is a post-war condominium rather than a pre-war cooperative — and that distinction is the building's core value. Where the Upper West Side's pre-war housing stock is overwhelmingly cooperative, with board approvals and use restrictions, the Allegro offers condominium flexibility: no board approval to purchase, subletting permitted, pieds-à-terre allowed, foreign and investor buyers welcome, and financing available with all major lenders. For a buyer who wants Lincoln Square location with condominium mechanics, the building fills a specific niche.

The Allegro's positioning also reflects its neighborhood. Lincoln Square is the Upper West Side's cultural anchor — the world of Lincoln Center for the Performing Arts, with a year-round calendar of opera, ballet, symphony, and theater a short walk from the door, plus the retail and dining density of Columbus Circle two blocks south. The building's residents live at the seam where the Upper West Side meets Midtown, with immediate access to both.

At 27 stories and roughly 120 residences, the Allegro offers efficient floor plates and a comprehensive full-service program — 24-hour doorman, concierge, on-site parking garage, resident manager, and a landscaped courtyard. The unit mix skews toward studios and one- to two-bedrooms, making the building a natural fit for pied-à-terre buyers, professionals, and investors who value the condominium latitude.

For buyers, 62 West 62nd Street represents a clear position in the market: a full-service Lincoln Square condominium with maximum flexibility, at a price point below the trophy tower directly across the street, in one of the best-connected locations on the Upper West Side.

Architecture and unit composition

The Allegro is a 27-story, roughly 120-unit condominium built in 1987 to modern floor plates. The residence mix runs from studios (approximately 524–783 sf) through one- and two-bedroom layouts, with larger combined and penthouse units at the top of the building. As a true condominium, pricing is best read on a price-per-square-foot basis, consistent with the post-war and new-construction condominium market rather than the price-per-room convention of the surrounding pre-war cooperatives.

The building's height delivers open city and partial park sightlines from the upper floors; the corner position at Broadway and 62nd Street produces light and exposure on multiple sides. Interiors reflect the late-1980s construction standard, with many units updated by owners over the building's life.

Building operations

The Allegro operates as a full-service condominium with a 24-hour doorman, concierge, live-in resident manager and superintendent, a full-service parking garage, bicycle storage, laundry on every residential floor, and a landscaped front garden. The amenity program is scaled to a well-run post-war condominium — comprehensive service without the resort-style amenity load (and associated common charges) of the newest luxury towers.

The building is pet-friendly, permits subletting, and welcomes pieds-à-terre, foreign buyers, and investor purchasers. It qualifies for financing with all major lenders. Buyers should review the condominium's financial statements, reserve study, and any assessment history during due diligence, as with any building of this vintage.

Recent sales

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
Feb 20, 20268G
1 BR · 1 BA · 637 sf
$950,000$1,491/sfoff-mkt
Jan 29, 202610D
2 BR · 2 BA · 1,034 sf
$1,700,000$1,644/sf-2.9%
Oct 27, 20255F
931 sf
$1,138,000$1,222/sfoff-mkt
Jun 24, 20255C
1 BR · 1 BA · 655 sf
$935,000$1,427/sf+4.5%
May 16, 20257C
1 BR · 1 BA · 655 sf
$1,100,000$1,679/sfoff-mkt
Apr 24, 202521A
2 BR · 2 BA · 1,380 sf
$2,250,000$1,630/sf+2.5%
Feb 7, 202520B
2 BR · 3 BA · 1,314 sf
$2,058,500$1,567/sf-6.3%
Jul 11, 202426B
2 BR · 2 BA · 1,314 sf
$2,550,000$1,941/sf-3.8%

Market read. Most recent trades (2026) cleared a median $1,577/sf across 2 sales. Median listing discount 3.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

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

10E · 1,026 sf+129%
$850,000 ($828/sf) 2003$1,260,000 ($1,228/sf) 2012$1,945,000 ($1,896/sf) 2015
21A · 1,380 sf+114%
$1,049,000 ($749/sf) 2003$1,850,000 ($1,341/sf) 2020$2,250,000 ($1,630/sf) 2025
22B · 1,325 sf+108%
$1,250,000 ($951/sf) 2004$2,600,000 ($1,962/sf) 2014
25A · 1,400 sf+106%
$969,000 ($692/sf) 2004$1,520,000 ($1,101/sf) 2005$2,000,000 ($1,429/sf) 2007
18D · 1,020 sf+102%
$825,000 ($809/sf) 2004$1,235,000 ($1,211/sf) 2008$1,667,000 ($1,634/sf) 2021

Other recent transfers

DateUnitPrice
Dec 13, 20125B$859,000
View all 120 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 1-01114-7502) 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

Condo flexibility is the headline. No board approval to purchase; subletting permitted; pieds-à-terre, foreign buyers, and investors welcome; financing available with all major lenders. 30–45 day closings.

Location is the other headline. Half a block from Central Park and Lincoln Center, two blocks from Columbus Circle, across from 15 Central Park West. Confirm the walk to the specific amenities that matter to you.

Model the full carry. Common charges plus property taxes plus utilities — run the complete monthly number, and review the building's reserve position and any assessment history.

It's a value alternative to the trophy tier. The Allegro captures Lincoln Square location at a price point below the new-construction and trophy inventory nearby. Evaluate the trade-off in finishes and amenity load.

Diligence a 1987 building. Review financial statements, reserve study, and capital-project history; confirm the condition of building systems.

What to know if you’re selling

Lead with flexibility and location. The pitch is condominium latitude plus a Lincoln Square corner across from 15 Central Park West — a combination that reaches investor, pied-à-terre, and end-user buyers alike.

Target the investor and pied-à-terre pool. The building's permissive subletting and financing policies make it attractive to buyers excluded from the surrounding cooperatives.

Price per square foot, with apartment-level comparables. Floor, exposure, and layout drive variation; apartment-level analysis is essential.

Closing timelines are condo-fast. 30–45 days from contract to closing.

Comparable buildings

If you're considering 62 West 62nd Street, also evaluate:

The Roebling Team at The Allegro

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market — including the full-service condominiums of Lincoln Square and the southern Upper West Side. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — location, tenure mechanics, operational reality, and apartment-level pricing — not generic market commentary.

If you're considering a purchase or sale at The Allegro, 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.

The neighborhood

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

Considering a move at The Allegro?

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