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1955 First Avenue
Last updated on Apr 3, 2026

The Aspen,
1955 First Avenue

This 7-story rental building in East Harlem features rooftop pergolas, two-tone façades, and 232 apartments. Developed by a joint venture, it was the city's first 50/30/20 financing program, offering a mix of low-income, middle-income, and market-rate units.

1955 First Avenue Location Map

Overview of The Aspen at 1955 First Avenue

The Aspen is a notable 7-story rental building located at the crossroads of the Upper East Side and East Harlem. Designed by Costas Kondylis and Magnusson Architecture and Planning, it features distinctive rooftop pergolas and a two-tone façade. Developed by a joint venture including L & M Equity Participants Ltd., BFC Partners, and Allstate Realty Associates, the building stands on what was once the Harlem RBI "Field of Dreams" baseball fields. The Aspen is part of the city's first 50/30/20 financing program, offering a mix of low, middle, and market-rate apartments.

The building houses 232 apartments and offers a range of amenities, including a full service doorman, a fitness center, a game room, and a 10,000 square foot courtyard. Residents also benefit from an on-site attended garage, laundry facilities on the second floor, and a tenant lounge. The elegant lobby is finished in limestone and mahogany, adding to the building's appeal.

Apartments in The Aspen are characterized by their spacious layouts and high ceilings. Many units feature oversized bedrooms, loft-like living rooms, and eat-in stainless steel kitchens equipped with dishwashers and microwaves. Granite countertops and breakfast bars are common, and the apartments boast ample closet space. Select units offer private terraces, enhancing the living experience.

The Aspen's location provides easy access to both the Upper East Side and East Harlem, making it a convenient choice for residents seeking a vibrant urban lifestyle. The building's pet-friendly policy and bicycle storage room further cater to the needs of its diverse tenant base.
Doorman
Full Time
Type
Rental
Year Built
2004
Apartments
Floors
7
Pets: Allowed
Neighborhood

Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Post War
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Courtyard
  • Laundry Room
  • Bike Room
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  1. 6
at Lexington Ave 0.37 miles

Broker & Resident Comments

This modern residential tower offers "spacious apartments" with "contemporary finishes" and a "robust amenity package" including a "well-equipped gym," "landscaped courtyard" and "convenient shuttle service" to nearby transit. The building features "24/7 attended lobby," on-site laundry and "ample common spaces." Located on the "edge of East Harlem," the property provides "good value" for those seeking "amenity-rich living" at "more moderate Manhattan prices."

Building Management

Clipper Equity is a full-service firm specialized in new development, multifamily rentals and condominiums. A cornerstone of Clipper Equity's philosophy is its commitment to the quality of life for residents through superior property management services.

More about Clipper Equity

Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

  • 326 East 101st Street
  • 327 East 100th Street