1068 Lexington Avenue (136 East 76th Street)
1068 Lexington Avenue, New York, NY 10021
Upper East Side
BBL 1014107501 · BIN 1043163
- Year built
- 1961
- Type
- Cooperative
- Units
- 99
- Pets
- Pet-friendly (verify current policy at offer stage)
- Financing
- Up to 75% permitted
- Flip tax
- 1.5%
1068 Lexington Avenue — known to residents and to the resale market primarily by its residential address, 136 East 76th Street — is a 1961 postwar cooperative on the corner of Lexington and 76th, in the heart of Lenox Hill. It is a solid, well-run example of the postwar Upper East Side cooperative: full-time doorman, live-in super, a landscaped roof deck, and the cooperative ownership form that defines most of the neighborhood's residential stock between the avenues.
For buyers, the building offers the Lenox Hill location and postwar cooperative living at a price point below the Fifth, Park, and Madison Avenue trophy tier. The corner-of-Lexington position places residents at one of the Upper East Side's most convenient crossroads — steps from the 6 train, from Lexington and Madison Avenue retail, and from the neighborhood's schools and medical corridor. The building's policies are notably accessible for a Lenox Hill cooperative: financing up to 75%, a 1.5% flip tax, and permission for pied-à-terre use with board approval widen the buyer pool relative to the neighborhood's stricter co-ops.
Like most Upper East Side cooperatives, the building prices in rooms rather than square feet — the traditional cooperative pricing convention — and the resale market tracks the building's postwar layouts, its Lenox Hill location, and its relatively flexible board policies.
Building operations
1068 Lexington Avenue operates as a full-service cooperative with a full-time doorman, a live-in super, a landscaped roof deck (with an herb garden), a central laundry, private storage, a bike room, and an on-site garage. The roof deck and the garage are meaningful amenities for the postwar-cooperative tier.
As a cooperative, the building reviews prospective purchasers through a board application and interview process. The building's financial policies are relatively accessible for the neighborhood: financing is permitted up to 75%, the flip tax is 1.5%, and pied-à-terre use is permitted with board approval. Specific current policies — including sublet terms, pet policy detail, and the current board posture — should be confirmed against building materials and the managing agent during due diligence. Our Co-op vs Condo guide covers the ownership-structure framing.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $82,165/yr
- Per unit / month range
- $0 – $69
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →What to know if you’re buying
This is a postwar cooperative — priced by room, board-approved. Expect the cooperative purchase framework: a board application, a financial review, and an interview. The building's policies are relatively accessible for Lenox Hill — 75% financing, a 1.5% flip tax, permitted pied-à-terre use — but the cooperative form applies.
The location is a convenience anchor. The corner-of-Lexington position, steps from the 6 train and the neighborhood's retail and medical corridor, is a genuine daily-life advantage.
Confirm the board's current policies directly. Sublet terms, pet policy detail, financing thresholds, and the board's current posture should be confirmed against current materials during due diligence.
Model the maintenance and the underlying mortgage. As a cooperative, the monthly maintenance covers the building's operating costs, property taxes, and any underlying mortgage. Review the building's financials and reserve position.
What to know if you’re selling
Foreground the flexible policies and the location. The building's accessible financing, modest flip tax, and permitted pied-à-terre use widen the buyer pool relative to stricter Lenox Hill co-ops. Pair that with the corner-of-Lexington convenience in marketing.
Pricing requires apartment-level comparable analysis. Recent comparables on the specific line, room count, floor, and exposure should anchor the approach.
Board approvability shapes the buyer pool. Prepare buyers for the cooperative application, and price and position to attract financially qualified applicants who will clear the board.
Closing timelines run to the cooperative calendar. Plan for a board application and interview cycle in addition to standard closing timelines.
Comparable buildings
If you're considering 1068 Lexington Avenue, also evaluate:
- 1056 Lexington Avenue — nearby postwar Lenox Hill cooperative on Lexington
- 1004 Lexington Avenue — nearby Lexington Avenue building
- 1091 Lexington Avenue — nearby Lexington Avenue cooperative
- 151 East 76th Street — adjacent 76th Street building
- 145 East 76th Street — nearby 76th Street inventory
- 240 East 76th Street — nearby 76th Street building
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 1068 Lexington Avenue (136 East 76th Street)?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1068 Lexington Avenue (136 East 76th Street) would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.