Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West Village $2,411/sf 6%
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Cooperative · 1961
1131 Third Avenue
1131 Third Avenue, New York, NY 10065

1131 Third Avenue

1131 Third Avenue, New York, NY 10065

Lenox Hill, Upper East Side

BBL 1014210001 · BIN 1043872

At a glance
Year built
1961
Type
Cooperative
Units
256
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$662K
Recent range
$327K – $2.6M
Listing discount
1.8%
Recorded transfers
245

1131 Third Avenue is a large, well-run postwar cooperative in the heart of Lenox Hill — the kind of full-service doorman building that anchors the Upper East Side's deep middle market. Completed in 1961, it is one of the substantial white-brick-era apartment houses that rose along Third Avenue after the elevated railway came down and the avenue redeveloped into a residential corridor, and at roughly 256 apartments across 21 stories it is among the larger cooperatives on the avenue.

The location is its argument. On Third Avenue at 66th Street, residents are in the center of Lenox Hill — a few blocks from Central Park to the west, with the Lexington Avenue subway, the restaurants and shops of the upper 60s, and the full Upper East Side amenity base at the door. It offers full-service doorman living at pricing that sits well below the Park and Fifth Avenue tiers a few hundred feet west, which is precisely what draws buyers to this stretch.

At 256 apartments, 1131 Third spreads operating costs across a large shareholder base — a structural advantage for maintenance affordability — while supporting the full-time staffing and elevatored service that define the full-service postwar co-op.

Architecture and unit composition

The 1961 vintage places 1131 Third in the postwar idiom: an efficient white-and-tan-brick elevator building with ground-floor retail along Third Avenue, designed for practical, light-filled apartment living rather than pre-war ornament. Layouts run to the postwar standard — studios, one-, and two-bedroom apartments with functional plans, ample closets, and large windows — with larger combinations on the upper floors.

With approximately 256 apartments across 21 floors, the building runs at the higher-density format typical of the avenue's white-brick cooperatives, and individual apartments are best evaluated at the unit level on floor, exposure, and renovation history.

Building operations

1131 Third operates as a full-service postwar cooperative. A full-time doorman staffs the attended lobby, with a resident superintendent on site and central laundry and private storage in the building. As with most Lenox Hill postwar co-ops, the board reviews purchases through a formal application and interview, and prospective buyers should expect financing requirements, a flip-tax structure, and sublet rules set by the proprietary lease and house rules — the specific financial terms are the policy slate we walk clients through, and the current percentages should be confirmed at offer stage.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$106,775/yr
2030–2034 annual penalty
$327,220/yr
Per unit / month range
$35 – $107
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jun 2, 20265L
2 BR · 2 BA · 1,400 sf
$1,100,000$786/sf+0.5%
Apr 30, 202619F
1 BR · 1 BA
$670,000-0.7%
Mar 11, 20262E
2 BR · 2 BA
$960,000-8.6%
Mar 11, 20267J
1 BA
$437,000-2.7%
Feb 3, 202616N
1 BR · 1 BA · 800 sf
$600,000$750/sf-19.9%
Jan 28, 20268P
1 BR · 1 BA
$864,000-3.5%
Jan 20, 20267M
2 BR · 2 BA
$1,705,000+14.0%
Dec 3, 202520M
4 BR · 3 BA
$2,650,000-29.3%

Market read. Most recent trades (2026) cleared a median $725/sf across 2 sales. Median listing discount 3.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

16J+88%
$250,000 2003$470,000 2023
18D · 602 sf+84%
$299,000 2005$299,000 2005$549,000 ($912/sf) 2017
9E · 1,400 sf+73%
$975,000 ($696/sf) 2005$1,450,000 2013$1,690,000 ($1,207/sf) 2016
15B+72%
$575,000 2012$913,000 2016$987,500 2019
14G · 600 sf+65%
$330,000 2012$545,000 ($908/sf) 2024

Other recent transfers

DateUnitPrice
Oct 27, 202018EF$1,825,000
Jun 4, 200318P$450,000
View all 245 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01421-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

What to know if you’re buying

This is full-service postwar value in Lenox Hill. Doorman service, an elevatored building, and a central location at pricing more accessible than the avenues to the west.

The large shareholder base helps carrying costs. A 256-unit building spreads operating and capital costs widely, which supports maintenance affordability — confirm the current maintenance, assessment history, and reserve position in diligence.

Co-op financial policy governs the purchase. Expect board review, financing limits, a flip tax, and sublet rules; confirm the current terms at offer stage.

The location is the lifestyle. A doorman building in the center of Lenox Hill, near the Park, the 6 train, and the full Upper East Side retail and dining base.

What to know if you’re selling

Lead with full-service value and location. The doorman service, the elevatored postwar building, and the central Lenox Hill address are the marketing assets.

Price to the building's own comps. With ~256 units, the persuasive evidence is 1131 Third's own recent trades adjusted for floor, exposure, and condition.

Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract to closing, subject to board package and approval pacing.

Comparable buildings

If you're considering 1131 Third Avenue, also evaluate:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Preparing a board package for this building?

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 1131 Third Avenue?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 1131 Third Avenue 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.