Checking in on 1059 Third Avenue; See New Rendering of Soaring Upper East Side Condo | CityRealty

Checking in on 1059 Third Avenue; See New Rendering of Soaring Upper East Side Condo

Checking in on 1059 Third Avenue; See New Rendering of Soaring Upper East Side Condo

By Michelle Mazzarella | From Future New York Friday, July 6, 2018

1059 Third Avenue rendering (l; Alubon) and photo (r; Tectonica)

1059 Third Avenue rendering (l; Alubon) and photo (r; Tectonica)

At a projected height of 470 feet and 30 stories, 1059 Third Avenue is poised to become one of the 10 tallest buildings on the Upper East Side. Just under a year and a half from an estimated completion date at the end of 2019, it's already a standout: A recent Instagram post by Tectonica shows a partially completed structure towering over its nearest neighbors.

The tower rises on the former site of the five-story Art and Design Building between East 62nd and 63rd Streets. A joint venture between Third Palm Capital and Real Estate Inverlad bought the property for $31.5 million in 2012. Manuel Glas Architects, designer of nearby condominium The Clare, is listed as the architect of record.

In this article:

The Leyton, 1059 Third Avenue

The Leyton, 1059 Third Avenue Lenox Hill

Real Estate Inverlad

Rendering of 1059 Third Avenue via Real Estate Inverlad

The first five floors will contain a healthcare facility and office space, and the apartments will start on the sixth floor. According to an offering plan filed with the Attorney General, there will only be 37 apartments; many of them will be duplexes with 16’ ceilings. Plans indicate that the eighteenth floor will be devoted to amenities including a lounge, terrace, gym, and pool and spa.

Would you like to tour this property?

Just complete the info below.

Or call us at (212) 755-5544

A sellout was not included in the offering plan, but high prices are to be expected: According to CityRealty data, the median listing price for Lenox Hill condos is $2.495 million. A spacious duplex condo with such easy access to dining, shopping, and transportation could demand considerably more.

1059-Third-Avenue-04

1059 Third Avenue as of early July 2018 (CityRealty)

The tower is roughly halfway up

Looking north up Third Avenue

Google Earth aerial map of 1059 Third Avenue

Would you like to tour any of these properties?

Related Links

Tags:

Related Articles

From Future New York Bucking the Norm: NYC streets to pedestrianize and apartment listings on them Friday, April 19, 2024
From DUMBO Sustainable living in NYC: LEED and Passive House buildings + 21 Availabilities inside Friday, April 19, 2024
From Get To Know As 183 Chrystie Street tops out, see the best condos on the Lower East Side and availabilities inside Thursday, April 18, 2024
From Great Listings Radiant NYC apartments with curvaceous window walls and open views Wednesday, April 17, 2024
From Great Listings These were NYC's top-selling buildings in Q1 2024 by contracts signed Wednesday, April 17, 2024
From Future New York Price Cuts: Several waterfront trophy homes receive haircuts; Kathie Lee Gifford's former apartment slashed by $400K Wednesday, April 17, 2024
From Future New York Manhattan Sales: Full-floors at The Benson sell for nearly $30M; Billionaire's Row penthouse comes in over $4,500 per square foot Tuesday, April 16, 2024
From Get To Know Tax day special: NYC apartments offering monthly savings through tax abatements Monday, April 15, 2024

Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City

Read Full Bio | Contact Michelle Mazzarella

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}