1059 2 AVENUE — Rent Intelligence for Midtown East, NYC

Midtown East · Manhattan, NY, 10022

Built 19124 floors14 unitsBBL 1013290027

Current rent range

$3,500 – $4,000 / mo

1 bedroom band tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.03 reviews

Verified reviews2EOwned by240 EAST 56TH STREET OWNER LLC4 bldgs

1059 2 AVENUE

Manhattan, NY, 10022

1059 2 AVENUE is a prewar 1912 building, 14 units in Midtown East, NYC. Owned by 240 EAST 56TH STREET OWNER LLC. Public records show 1 open violation on file. Risk signals: 1 bedbug report. Rent stabilization on file covers 6 units (registered 2019). Lucid Rents has 3 verified tenant reviews on this building.

HPD violations1last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews34.0 ★ avg

Rent-stab units14DHCR records

Building age114 ybuilt 1912

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

2 BR

$3,750/mo

12 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

December

Most expensive

November

JFMAMJJASOND

Potential savings: ~12% by timing your move to December.

Rent vs. area median Manhattan

1 BR

This building: — – —

—Area: $1,875

2 BR

This building: $3,500 – $4,000

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

2 Bed12 listings

$3,750

$3,500 – $4,000

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Midtown East

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,023

current quarter

Effective rent

—

per bedroom only

YoY change

2.1%

asking, vs 1 yr ago

10-year change

23%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

192 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

127

brownfields, industrial zones, sanitation

Block-level

1015

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

1 total

Pest Infestation
1

311Top Complaints

0 total

No complaints
0

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class ANOV SENT OUTApr 29, 2026
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.

See all 1 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

3 reviews

5★

4★

100%

3★

2★

1★

Unit 3C Pros: Big rooms, good location Cons: Saw a mouse once, packages get stolen often, lobby smells sometimes

positiveApr 2025

Anonymous

Unit 2AB Pros: Management is super responsive and over all quick to get to requests. The rooms are very spacious and the 2bedrooms have 2 bathrooms. Cons: Very outdated and sometimes management won’t fix things because…

positiveMar 2022

Anonymous

Pros: Building stays clean Cons: Noise from 2nd Avenue

positiveJun 2021

Anonymous

View all 3 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

3 amenities

LAUNDRY

Dishwasher

PET FRIENDLY

Pet Friendly

OTHER

Fios Available

04 / 09

Building amenities.

05 / 10

The landlord.

240 EAST 56TH STREET OWNER LLC

Portfolio of 4 buildingsOWNER: JOHN RAPPMail: 36 W 44TH ST, New York, NY, 10036

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.8

avg score / 5

B+

portfolio grade

nearby owned

Their Other Buildings

Top 3 by score · of 4 total

See all 4 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

1912Building constructed14 units · 4 floors
now240 EAST 56TH STREET OWNER LLCOwner of record per HPD registration · manages 4 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1912

Floors4

Total units14

Rent-stab units14

ClassC7

BBL1013290027

1910192019301940195019601970198019902000201020202030

1912

Building constructed

14 units · 4 floors · class C7

2019

Rent stabilization on file

6 stabilized units registered.

now

Current owner: 240 EAST 56TH STREET OWNER LLC

Portfolio includes 4 buildings.

Recent Activity

1 event

HPDLOWApr 29, 2026
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

NYC-specific insights.

08 / 09

Similar buildings nearby.

Building record last updated 3 months ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.