Condominium · 1979
The Delegate
846 Second Avenue, New York, NY 10017
Buildings·Midtown East·Condominium

846 Second Avenue (Midtown East)

846 Second Avenue, New York, NY 10017

CorridorMidtown East
At a glance
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

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.

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.

DateUnitApartmentPricePPSF
Jul 29, 20056B
759 sf
$725,000$955/sf
Jul 18, 200519A
547 sf
$540,000$987/sf
Apr 1, 200518F
579 sf
$510,000$881/sf
Mar 30, 20057A
547 sf
$520,000$951/sf
Mar 17, 20053A
546 sf
$515,000$943/sf

Market read. Most recent trades (2005) cleared a median $951/sf across 5 sales.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01338-7501) 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

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:

The Roebling Team at The Delegate

The Roebling Team at Compass specializes in Midtown East, Turtle Bay, Gramercy, and the broader East Side market. We publish this profile because buyers and sellers evaluating a full-service Midtown East condominium deserve building-specific intelligence — the architecture, the amenity package, the condominium's flexible rules, and how floor and exposure drive value within the building.

If you're considering a purchase or sale at The Delegate, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.

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