846 Second Avenue (Midtown East)
846 Second Avenue, New York, NY 10017
BBL 1013387501 · BIN 1038781
- Year built
- 1979
- Type
- Condominium
- Landmark
- No
- Pets
- Pet friendly
- Subletting
- Investor-friendly — leases as short as six months are permitted under the condominium rules
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 (floor-adjusted)
- $1,081
- Listing discount
- 2.0%
- Recorded sales
- 116
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Delegate 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.
The Delegate is a straightforward, well-run Turtle Bay condominium in one of Midtown East's most useful locations — a single block from the United Nations and a short walk to Grand Central. Philip Birnbaum & Associates designed it as a rental in 1979, and it converted to a condominium in 1985, early in the wave of conversions that gave this stretch of the East 40s much of its owner-occupied condo stock. It is not a trophy building and does not pretend to be; its appeal is practical — full-time service, a genuine roof deck, and condominium flexibility at Midtown East value.
For a buyer, The Delegate is the post-conversion condominium done sensibly: a doorman building with a live-in superintendent, a landscaped roof deck with open city and river outlooks, and — unusually for a building of this size and era — condominium rules that are genuinely investor-friendly, permitting leases as short as six months. That combination of true condo ownership, flexible subletting, and a central location near the U.N. and Grand Central is what defines the building.
Architecture and unit composition
The building is a 21-story masonry tower in the utilitarian late-1970s idiom — vertical emphasis in the façade, a travertine ground floor, and clean post-war massing rather than ornament. It is not a landmark and makes no pre-war claims; the appeal is the practical virtue of its era and the updates layered on since, including a renovated lobby and modernized elevators.
The residences run from studios through one- and two-bedroom layouts. Many apartments carry southern and western exposures with open city views, and the corner lines are the standouts — some corner homes feature as many as fourteen windows, a genuine light advantage in this part of Midtown. Upper-floor units pick up river outlooks toward the East River and the U.N. campus. As a 114-unit building, the stack offers enough variety of layout and exposure that a buyer can usually find a meaningful set of in-building comparables.
Building operations
The Delegate runs as a full-service condominium — a 24-hour doorman and concierge, a live-in resident superintendent, central laundry, a bike room, and rentable basement storage, all anchored by a landscaped roof deck with panoramic city and river views. The building is pet friendly and, notably, investor-friendly: the condominium permits leases as short as six months, which is meaningful flexibility for owners who want to rent and for buyers considering a pied-à-terre or investment purchase. As a condominium, purchases are not subject to a co-op board's approval process; ownership transfers and financing follow standard condo mechanics.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $41,387/yr
- Per unit / month range
- $0 – $31
- Modeled exposure split equally across 113 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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 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
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 |
|---|---|---|---|---|---|
| Jul 31, 2026 | 5E | 2 BR · 1 BA · 759 sf | $825,000 | $1,087/sf | -2.9% |
| Jun 9, 2026 | 8A | 1 BA · 547 sf | $460,000 | $841/sf | -5.2% |
| May 12, 2026 | 10E | 2 BR · 1 BA · 800 sf | $820,000 | $1,025/sf | -3.4% |
| Dec 19, 2025 | 8D | 1 BR · 1 BA · 650 sf | $630,000 | $969/sf | -7.4% |
| Oct 23, 2025 | 10B | 2 BR · 1 BA · 758 sf | $830,000 | $1,095/sf | -1.2% |
| Mar 5, 2025 | 11C | 1 BR · 1 BA · 520 sf | $733,000 | $1,410/sf | -3.4% |
| Nov 1, 2024 | 16A | 550 sf | $508,000 | $924/sf | -2.3% |
| May 2, 2024 | 17C | 1 BR · 1 BA · 550 sf | $750,000 | $1,364/sf | -6.1% |
Market read. Most recent trades (2026) cleared a median $1,081/sf (floor-adjusted) across 3 sales. 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 2.0% 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 1-01338-7501). 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 Delegate, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 17 | $3,750 |
| 2 bedroom | 5 | $4,995 |
22 closed leases, October 2023 to September 2026. Most recent lease June 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $733K (7 sales since 2024), a buyer putting 25% down would pay about $28,819 to close, or 3.9% of the price.
- Mansion tax: $0
- Mortgage recording tax: $10,583
- Title insurance: $3,298
- Attorneys, lender, building fees, reserves and filings: $14,938
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
This is a condominium, so a purchase runs on standard condo mechanics rather than a co-op board package and interview — a meaningful practical advantage for buyers who want speed, financing flexibility, or the ability to rent. The building's six-month-minimum lease policy makes it one of the more investor-friendly options in Midtown East, and the pet-friendly rules add to the flexibility.
The most important on-site distinctions are floor and exposure. The corner lines with high window counts and the upper floors with river and open-city views are the ones that hold value best; lower interior units are the value entry point. The location is a genuine asset — one block from the United Nations, close to Grand Central and the 4/5/6/7/S subway lines and Metro-North, in a stretch of Midtown East that is more commercial than residential but exceptionally well-connected. Comparable analysis belongs against Turtle Bay and Midtown East full-service condominiums.
What to know if you’re selling
Condo flexibility is the marketing core. True condominium ownership, six-month-minimum subletting, and pet-friendly rules are an easy story to tell and genuinely broaden the buyer pool — investors, pied-à-terre buyers, and primary residents all qualify.
Benchmark within the building and against Midtown East condos. With regular in-building turnover, recent comparable sales here are the first reference point; floor, light, exposure, window count, and renovation status determine where a unit lands.
Corners, light, and river views are the on-site differentiators. High-floor homes with strong exposures and the fourteen-window corner lines should anchor positioning; the roof deck is an amenity worth foregrounding.
Closing timelines are condo-fast. With no board package or interview, a well-prepared condo sale moves efficiently from contract to closing — we manage that process end to end.
Comparable buildings
If you're considering The Delegate, also evaluate nearby Turtle Bay and Midtown East condominiums:
- 303 East 57th Street — full-service Midtown East tower
- 400 East 51st Street (The Grand Beekman) — Costas Kondylis & Partners's 2003 Sutton Place condominium
- 250 East 53rd Street — modern Midtown East condominium tower
- 220 East 54th Street — a full-service 1960 postwar cooperative
- 845 United Nations Plaza (Trump World Tower) — U.N.-adjacent condominium tower
More Midtown East buildings
- 721 Fifth Avenue (Trump Tower) — 1979 condominium
- 806 Second Avenue — condominium
- 845 Second Avenue — 2001 condominium
- 860 United Nations Plaza — 1966 co-op
- 865 First Avenue (865 UN Plaza) — 1927 condominium by George and Edward Blum
- 870 United Nations Plaza — 1966 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 Delegate?
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