- Type
- Condominium
- Units
- 79
- Landmark
- No
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 806 Second Avenue 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.
806 Second Avenue is an early-1980s condominium in Midtown East, on the stretch of Second Avenue near the United Nations, Tudor City, and Grand Central. Condominiums of this vintage are comparatively scarce in a submarket long dominated by prewar and postwar cooperatives and large rental towers — and that scarcity is part of the appeal. A deeded condominium in Midtown East offers ownership flexibility that the surrounding co-op stock generally restricts, in a location with exceptional transit access and walkability to the East Midtown employment core.
For buyers, the value proposition is flexibility plus location: a condominium with the latitude that deeded ownership implies, convenient to Grand Central, the U.N. district, and Midtown East, at a price point below the trophy corridors. For pied-à-terre and investor buyers in particular, a Midtown East condominium is a structurally rational alternative to the area's restriction-heavy cooperatives.
Architecture and unit composition
806 Second Avenue is a postwar condominium of early-1980s vintage — a masonry-and-glass residential building constructed to the standards of its era. The apartment mix runs to efficient one- and two-bedroom layouts typical of the period's new-construction product, with a smaller number of larger units. Window lines, ceiling heights, and finish packages reflect early-1980s construction; buyers should view layouts in person to calibrate on light, exposure, and floor, which drive value in a building of this footprint. As an established condominium, the building's systems have a multi-decade operating history; current engineering condition and any modernization should be confirmed during diligence.
Building operations
806 Second Avenue operates as a condominium, with owners paying common charges plus individually assessed real estate taxes rather than a single co-op maintenance figure. The building carries the staffing and service package typical of a Midtown East condominium of its size. Buyers should review the current common-charge schedule, the building's reserve position, and any recent or planned assessments as part of diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $15,100/yr
- Per unit / month range
- $0 – $16
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 filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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 2005–10 to 2020–25. 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.
Recent sales
806 Second 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, Midtown East condominiums have generally traded below the prewar trophy spine, with pricing driven by floor, exposure, light, and renovation condition — and, in an established building, by the degree to which individual apartments have been modernized. Higher-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 |
|---|---|---|---|---|
| Jun 14, 2005 | 18C | 932 sf | $690,000 | $740/sf |
| Apr 13, 2005 | 2B | 1,565 sf | $1,185,000 | $757/sf |
| Apr 6, 2005 | 14C | 932 sf | $640,000 | $687/sf |
| Oct 5, 2004 | 12C | 932 sf | $600,000 | $644/sf |
Market read. Most recent trades (2005) cleared a median $740/sf across 3 sales.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01336-7501) 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. In a submarket dominated by restriction-heavy co-ops, deeded ownership permits pied-à-terre, investment, and sublet use under the declaration, with fast closings.
Price on $/sf and per apartment. Capture square footage, exposure, floor, and renovation 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 and real estate taxes — rather than a single number.
Mansion tax applies above $1M. Run any prospective purchase through the Mansion Tax Calculator.
What to know if you’re selling
Flexibility is the marketing story. A Midtown East condominium reaches pied-à-terre and investor buyers that the area's co-ops cannot; foreground that flexibility in marketing reach.
Floor, light, and condition drive price. Exposure, floor, and renovation state separate comparable units; price to where a specific apartment sits in that range.
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 806 Second Avenue, also evaluate:
- 300 East 40th Street — nearby Murray Hill / Midtown East condominium; direct corridor peer
- 303 East 57th Street — Midtown East building; corridor context
- 322 East 57th Street — Midtown East cooperative; corridor context
- 430 East 58th Street — Midtown East condominium; comparable flexibility profile
- 45 Park Avenue — Murray Hill condominium; a step up in finish and price
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.
Considering a move at 806 Second Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.