Opening Soon

255 East 77th Street

New York City · Residences

255 East 77th Street is a 36-story, 62-residence luxury condominium tower in the Lenox Hill section of Manhattan's Upper East Side, also addressed as 1481 Second Avenue.

Official Website
Dive Deeper
Last verified Jul 13, 2026
4 months to delivery
78%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
12.23
Start
2026
Completion
62
Units
36
Floors
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The story so far
Announced 2023 est.
Financing secured Dec 2023$236M construction loan (JPMorgan $195M senior + Starwood $41M mezz), per The Real Deal
therealdeal.com
Broke ground Dec 2023
Sales launched Sep 2024Condo sales launched Sept 2024; now ~85% sold (official press)
255east77.com
Topped out Apr 2025Structure topped out at 500 ft with crown flag per NY YIMBY
newyorkyimby.com
TCO received Mar 26, 2026Temporary Certificate of Occupancy issued 2026-03-26; closings underway, fall 2026 completion on track
cityrealty.com
Expected opening Fall 2026
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

255 East 77th Street is a 36-story, 62-residence luxury condominium tower in the Lenox Hill section of Manhattan's Upper East Side, also addressed as 1481 Second Avenue. Designed by Robert A. M. Stern Architects with Hill West Architects as architect of record and developed by Naftali Group, the 170,000-square-foot limestone-clad tower offers two- to five-bedroom homes and full-floor penthouses. Residents enjoy a 75-foot indoor pool, spa and fitness center, with Central Park and the Upper East Side's cultural corridor steps away.

Developer & design
Developer
Naftali Group
Architects
Robert A.M. Stern ArchitectsHill West Architects
Atlas Intelligence Powered by Onyx 4.1
Projected pricing at delivery
255 East 77th Street
New York City · Coming Q4 2026 · Residences
Onyx Projection
$•,••• / sq ft at delivery
Projected band $•,••• – $•,••• — modeled from 4 comparable launches nearby.
Sales launchTodayDelivery Q4 2026
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Comparable set — basis for projection

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Confidence: Medium · 4 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
255 East 77th Street
New York City · Coming Q4 2026 · Residences
Onyx Projection
Projected price / sq ft
$•,•••
at delivery, base case
Sell-out timeline
••months
from sales launch to final close
Absorption pace
•.•units / mo
modeled from the comp set

Scenario assumptions

Fed rate path—
Submarket supply—
Luxury demand—
Comp appreciation—
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
The New York City market 65 · Elevated supplyLenox Hill 23-project pipeline · 7,801 residences and keys · peak Late ’28 Explore the market →
Location
Map location
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Journal Coverage
255 East 77th Street has been covered in 1 article on Markets of Tomorrow.
Oct 11, 2024
Manhattan sees over half a billion dollars in residential sales alone last week
Common questions

Frequently asked

Where is 255 East 77th Street located?

255 East 77th Street is located in New York City.

When will 255 East 77th Street open?

255 East 77th Street is opening soon, with completion expected in Fall 2026.

Who is developing 255 East 77th Street?

Naftali Group is the developer behind 255 East 77th Street.

Who designed 255 East 77th Street?

255 East 77th Street was designed by Robert A.M. Stern Architects, Hill West Architects.

How big is 255 East 77th Street?

255 East 77th Street rises 36 stories with 62 residences.

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