1487 1 AVENUE — Rent Intelligence for Upper East Side, NYC

Upper East Side · Manhattan, NY, 10075

Built 202337 floors148 unitsBBL 1014520027

Current rent range

$1,200 – $50,000 / mo

7 bedroom bands tracked · sampled from recent listings · rent stabilized

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★★★★★4.01 reviews

Verified reviewsCVOwned byCP VII 78TH STREET OWNER, LLC45 bldgs

1487 1 AVENUE

Manhattan, NY, 10075

1487 1 AVENUE is a new-construction 2023 building, 37 floors, 148 units in Upper East Side, NYC. Owned by CP VII 78TH STREET OWNER, LLC. Public records show 2 open violations, 4 311 complaints, 3 active litigation matters on file. Rent stabilization on file covers 13 units (registered 2023). Lucid Rents has 1 verified tenant review on this building.

HPD violations2last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews14.0 ★ avg

Rent-stab units148DHCR records

Building age3 ybuilt 2023

311 complaints4last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

Studio

$3,995/mo

1309 listings

1 BR

$5,000/mo

2701 listings

2 BR

$6,500/mo

1896 listings

3 BR

$7,600/mo

847 listings

4 BR

$9,000/mo

232 listings

5 BR

$16,495/mo

43 listings

6 BR

$29,999/mo

11 listings

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

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

October

Most expensive

December

JFMAMJJASOND

Potential savings: ~11% by timing your move to October.

Rent vs. area median Manhattan

Studio

This building: $1,700 – $50,000

—Area: —

1 BR

This building: $1,200 – $45,000

47% aboveArea: $3,400

2 BR

This building: $2,096 – $49,500

44% aboveArea: $4,500

3 BR

This building: $1,250 – $50,000

—Area: —

4 BR

This building: $1,200 – $50,000

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

Studio1309 listings

$3,995

$1,700 – $50,000

1 Bed2701 listings

$3,400

$3,400

2 Bed1896 listings

$4,500

$4,500

3 Bed847 listings

$7,600

$1,250 – $50,000

4 Bed232 listings

$9,000

$1,200 – $50,000

5 Bed43 listings

$16,495

$1,230 – $50,000

6+ Bed11 listings

$29,999

$7,995 – $45,000

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

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Upper East Side

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

Asking rent

$4,643

current quarter

Effective rent

—

per bedroom only

YoY change

1.1%

asking, vs 1 yr ago

10-year change

17%

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

146 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

brownfields, industrial zones, sanitation

Block-level

2247

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

Steady

HPDTop Violations

2 total

Pest Infestation
1

311Top Complaints

4 total

UNSANITARY CONDITION
4

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 AVIOLATION DISMISSEDJun 16, 2025
(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.
Class IVIOLATION DISMISSEDFeb 15, 2022
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.

See all 2 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

1 reviews

5★

4★

100%

3★

2★

1★

Pros: Nice gym, nice amenity spaces, nice front door staff Cons: If you are content with warm showers you will not notice a problem, if you prefer HOT showers or if warm showers are uncomfortable (as they are for me, I…

positiveJan 2026

Anonymous

View all 1 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

59 amenities

BUILDING

Playroom
Elevator
Doorman
Co-working
Lobby
Lounge
Community Room
Mail Room
Concierge
Package Room
Wifi
Smoke Free
Business Center
Library
Wi-fi

OUTDOOR

Courtyard
Garden
Balcony
Grill
Swimming Pool
Patio
Rooftop
Terrace
Bbq
Pool
Roof Deck

FITNESS

Gym
Sauna
Fitness Center
Fitness
Yoga
Spa

PARKING & BIKES

Ev Charging
Bike Room
Bike Storage
Garage
Parking

LAUNDRY

Laundry In Unit
Washer Dryer
In-unit Laundry
Laundry Room
Washer/dryer

SECURITY

Surveillance
Gated
Security
Cctv
Video Intercom

PET FRIENDLY

Cat Friendly
Pets Allowed
Dog Run
Pet Friendly

STORAGE

Storage
Storage Room

LUXURY

Penthouse
Wine Cellar
Screening Room

OTHER

Fios Available
W/d

04 / 09

Building amenities.

05 / 10

The landlord.

CP VII 78TH STREET OWNER, LLC

Portfolio of 45 buildingsHead officer: Jennifer WillMail: 1000 Sansome Street, San Francisco, CA, 94111

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

View full landlord profile

buildings

4.5

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 5 by score · of 45 total

See all 45 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

2023Building constructed148 units · 37 floors
nowCP VII 78TH STREET OWNER, LLCOwner of record per HPD registration · manages 45 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 built2023

Floors37

Total units148

Rent-stab units148

ClassD6

BBL1014520027

20202030

2023

Building constructed

148 units · 37 floors · class D6

2023

Rent stabilization on file

13 stabilized units registered.

now

Current owner: CP VII 78TH STREET OWNER, LLC

Portfolio includes 45 buildings.

Recent Activity

6 events

311MEDIUMSep 21, 2025
UNSANITARY CONDITION — PESTS
311MEDIUMSep 21, 2025
UNSANITARY CONDITION — GARBAGE/RECYCLING STORAGE
311MEDIUMSep 21, 2025
UNSANITARY CONDITION — GARBAGE/RECYCLING STORAGE
311MEDIUMSep 15, 2025
UNSANITARY CONDITION — GARBAGE/RECYCLING STORAGE
HPDLOWJun 16, 2025
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
HPDHIGHFeb 15, 2022
HPD Class I Violation — §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-20

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 4 months ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.