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The Perrie — Building exterior rendering
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Building exterior rendering · Photo: cdn.sanity.io

Turtle Bay

The Perrie

234 East 46th Street, New York, NY 10017

Price range

$890,000 – $1,540,000

21 stories · 95 residences · 1986

Building Facts

Address
234 East 46th Street, New York, NY 10017
Area
Turtle Bay, Manhattan
Scale
21 stories · 95 residences · 1986
Status
New development; immediate occupancy
Developer
Cape Advisors
Architecture
Studio EKB
Interiors
Studio EKB
Sales
Corcoran New Development With Nick Riback

Plans & Budget

$890,000 – $1,540,000

1 bed

$890,000 - $1,540,000

Availability
15 available
Common charges
~$1,400–$1,800 / mo
Taxes
~$650–$850 / mo

Approximate estimates only — these figures vary by floor, exposure, square footage and specific unit and must be verified per unit against the current listing and offering plan. Based on actual Perrie 1-bed listings (e.g. 639 sf at ~$1,446/mo common charges and ~$662/mo taxes; 652 sf at ~$1,617/mo and ~$741/mo); larger high-floor and penthouse units run higher. No property-tax abatement (421-a/485-x/J-51) is indicated for this 1986 rental-to-condo conversion, so taxes run at full rates; note the sponsor is separately offering 24 months of sponsor-paid common charges as a sales incentive, which is temporary and not a tax abatement.

Highlights

Buyer Fit

Best for buyers who want a core Manhattan new-development asset with a complete amenity package.

Location & Transit

On a tree-lined block at 234 East 46th Street in Turtle Bay, between Second and Third Avenues, sitting midway between Grand Central Terminal and the UN. Grand Central — with the 4/5/6/7 and S trains at 42nd Street — is a few minutes' walk, the 6 stops at 51st Street to the north, and the Midtown East office core is largely walkable.

Project Background

The Perrie is a 1986 Turtle Bay building that developer Cape Advisors and architect/interior firm Studio EKB converted top-to-bottom into condos in under two years — reimagined in 2024 and available for immediate move-in. Across 20 floors it holds 95 homes, all one-bedrooms, nearly every one with a private balcony, plus five penthouses on the 21st floor each with a private roof terrace. The headline: it is Midtown's only luxury new development where buyers can use FHA financing, with one-beds priced from $890K — a genuinely attainable entry point into new-construction Manhattan.

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