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for saleRealtyLens property overview
$1,795,000

250 E 53rd St Apt 1502

Manhattan, NY, 10022
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2Beds
2Baths
1,350Sqft
$1330$/sqft

Listing Notes

Sophisticated, by Design. The Veneto is a world class condominium property, developed and managed by the esteemed Related Companies. The latter of which is known for their acute acumen in selecting premium locations as well as their attention to detail, resulting in memorable residential properties, that elevate the living experience for residents. Apartment No. 15 perfectly embodies these core concepts, starting with the prime, corner location in Turtle Bay. Your building is situated just one block from a multi-line subway station, including an E-line which can have you on the West side in less than 10 minutes, while enjoying the quiet residential feel of the East 50's. Then step into the dramatic corner-aspect living room, framed by floor to ceiling windows for the ultimate "only-in-Manhattan" view. With just one (well placed) structural column, the entire floor exists solely for the joys of entertaining and relaxation and enjoys brilliant sunlight throughout the day. The large eat in kitchen features a full suite of Viking stainless appliances, expertly arranged to optimize efficiency and usage. The large East window provides the perfect setting for a built-in banquet or table, to enjoy that first cup of coffee in a tranquil setting, while soaking in morning light. The residential wing offers two well-appointed bedrooms with ample closet space and a comfortable separation from the living room. All the closets have been built out to maximize their storage capacity and ensure that the living spaces remain organized and clutter free. Additionally, the windows are outfitted with motorized solar shades to manage the light quality throughout the day. Throw in the 3-zone heating and cooling system and you're fully in control of the apartment's daily operation. The Veneto excels at personalized resident services with a staff that is recognized as best in class. There's a newly refurbished gym with state-of-the-art machine and free weights, constantly attended to by maintenance staff as well as a community room with a full kitchen and a terraced lounge available to all the residents. With The Related Companies at the helm, simplicity is the ultimate sophistication. The current assessment of $948 runs through 12/31/2026.

Market Insights

Below nearby median-54%

$1330/sqft vs a nearby median of $2914/sqft.

Nearby median$2914/sqft
Nearby properties12
Property size1,350 sqft
  • -54% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,350 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.21M$3.83M$4.59M · 50% confidence
vs ask $1.79M−$2.41M (−134.4%)

Asking price is about 134.4% below the fair value — likely to draw competing offers if it's still on market.

$2,926/sqft median across 9 tight comps × 1,350 sqft= $3.95M
  • Transit access+$158k +4.0%
  • High-density walkability+$79k +2.0%
  • Modern construction+$59k +1.5%
  • Virtually staged−$39k −1.0%
Cumulative NYC adjustments+$257k+6.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-54% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
39 days
Last price change
No change recorded
Listed
Apr 3, 2026
Photos
14 photos
Property type
condos
Status
for sale
Last sold
Sep 23, 2013 · $2,150,000

Features & Amenities

DoormanElevatorTwo Or More StoriesSolar SystemRental PropertyEfficientViewsDenMaintenance

Photos

Building Facts

Year built
2007
Stories
32
Total units
137
Residential units
135
Building area
4.77 ac
Lot size
10,042 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,795,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.