108 East 82nd Street

The building rises nine floors in pre-war brick with restrained detailing — the entrance, one step up from the sidewalk inside a gray granite surround with flanking lanterns, sets the tone. City records date the building to 1916 and most brokerage records to 1922; we carry both until the offering plan settles it. The plan distributes roughly four apartments per floor in A–D lines served by two elevators: predominantly two- and three-bedroom layouts with the pre-war program intact — entry foyers, defined dining areas, and generous closets — plus combination units on some floors. There are no balconies; fenestration is conventional pre-war double-hung. Renovation quality varies line to line, and the building's pricing tracks condition closely.

This is a service building run lean: doorman coverage (documented as 7 a.m.–midnight in some listing records and 24-hour in others — verify current staffing), a live-in superintendent, two elevators, and no amenity floor — no gym, no garage. Management is institutional, and the managing agent publishes an unusually complete fee schedule: purchaser application processing, separately priced co-applicant and guarantor processing, a $300 financing fee at closing, seller closing fees structured per share, and distinct tracks for estate and trust transfers. The building's recent audited financial statements are on file in The Roebling Research Library.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,089/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01510-0065). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

Underwrite the purchaser-paid transfer fee from day one. The 3 percent corporate transfer fee at this building is paid by the buyer, per the managing agent's published schedule — the reverse of the usual seller-paid flip-tax convention. On a $2.5 million purchase that is $75,000 of additional closing cost. Run the Buyer Closing Cost Calculator with that line included before you set your offer.

The financing framework is moderate by co-op standards. 60 percent maximum financing is more permissive than the 50 percent ceilings common on Park Avenue, but the board still expects a conventional post-closing-liquidity story. Run the Co-op Board Qualification Calculator before offering.

The location is a value seam. You are buying Park-block adjacency — the 86th Street Q and 4/5/6 express stations, the Met three blocks west, the 79th and 86th Street crosstown buses — without an avenue address. Buyers comparing against Park and Madison inventory should price the discount honestly; it is the building's core argument.

Calibrate amenity expectations. No gym, no garage, doorman hours to verify. This is a classic service co-op, not an amenity building; check the current budget for the actual carrying costs.

Verify the dates and the policy stack. The 1916-versus-1922 construction date, current sublet terms, and pied-à-terre posture should all be confirmed against the offering plan and managing agent at offer stage. We hold the building's recent financials on file and verify the rest during diligence.

Disclose the buyer-paid transfer fee early. Sophisticated buyers' attorneys will find it; surfacing the 3 percent purchaser-paid fee at first contact preserves negotiating credibility and avoids late-stage retrades.

Market the corporation, not just the apartment. The 1957 conversion is part of the building's history; what buyers' counsel will test is the current financial statements and maintenance record. We provide financial statements from the Research Library to serious buyers' counsel.

Condition drives the spread. The building's documented trading range for similar footprints is largely a renovation spread. Price to condition against same-line history, and run the Renovation Cost Calculator against your asking strategy if selling estate condition.

If you're considering 108 East 82nd Street, also evaluate:

• 180 East 79th Street — Schwartz & Gross at larger scale; the same firm's fuller-service alternative nearby
• 130 East 75th Street — Schwartz & Gross pre-war co-op in the same Park–Lexington mid-block register
• 1045 Park Avenue — the same firm on the avenue; the corner step-up
• 1025 Park Avenue — boutique pre-war co-op three blocks north
• 940 Park Avenue — George and Edward Blum avenue co-op at 81st; the avenue-address alternative
• 12 East 87th Street — Blum pre-war mid-block analogue in Carnegie Hill
• 1100 Park Avenue — family-scaled pre-war co-op at 89th; the Carnegie Hill comparison
• 1070 Park Avenue — pre-war avenue co-op in the same buyer pool