Cooperative · 1959
1180 Second Avenue
1180 Second Avenue, New York, NY 10065

1180 Second Avenue

1180 Second Avenue, New York, NY 10065

At a glance
Year built
1959
Type
Cooperative
Units
130
Floors
14
Landmark
No
Pets
Pet-friendly; cats and one dog under 50 pounds
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
$615K
Recent range
$529K – $1.6M
Listing discount
3.5%
Recorded transfers
79

1180 Second Avenue is a full-service postwar cooperative on a prominent Lenox Hill corner — a 1959 brick tower at the northeast corner of Second Avenue and East 62nd Street, addressed both as 1180 Second Avenue and 301 East 62nd Street. At 14 stories and 130 apartments, it pairs large, light-filled postwar layouts with a level of ownership flexibility that is unusual for a cooperative of this vintage, and its upper floors deliver open exposures and expansive city views.

The building's positioning is distinctive: a co-op that behaves flexibly. The board permits pieds-à-terre, allows subletting for three years out of five after the first year, welcomes cats and a dog under 50 pounds, and reports up to 75% financing with guarantors and no transfer tax — a policy posture that widens demand well beyond the typical primary-residence-only cooperative. Combined with a landscaped roof deck, a basement garage, low reported maintenance, and a full doorman operation, that flexibility makes 1180 Second Avenue one of the more accommodating full-service co-ops in the Lenox Hill corridor.

Recent sales

As a cooperative, 1180 Second Avenue trades on a price-per-room and maintenance-driven basis rather than the price-per-square-foot framing used for condominiums. Value here reflects the building's generous postwar layouts, its full-service operation and roof deck, its 14-story massing with open upper-floor exposures and city views, and its Lenox Hill corner location — which, being on Second Avenue at 62nd Street, sits at a discount to the interior Park-and-Fifth blocks while remaining well connected.

The unusually flexible policy posture — pied-à-terre and subletting permitted, dog-friendly, up to 75% financing with guarantors and no transfer tax — broadens demand beyond primary-residence buyers to include part-time owners and those who value an eventual income option, which tends to support liquidity relative to more restrictive co-ops. Corner and avenue lines carry more light and street presence; floor level and orientation materially affect value. Specific closed prices should be underwritten against current recorded transfers and in-building comparables rather than neighborhood averages.

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 1, 20265E
5 BR · 1 BA
$531,000-3.5%
Apr 20, 202614A
1 BR · 1 BA
$655,931-3.4%
Apr 14, 202612B
1 BR · 1 BA
$725,000-3.3%
Feb 2, 20263G
2 BR · 1 BA
$830,000-6.2%
Aug 13, 20256D
1 BR · 1 BA · 600 sf
$557,500$929/sf-3.0%
Jul 29, 20254J
1 BA
$543,250-1.1%
Jun 26, 20257K
1 BR · 1 BA · 800 sf
$750,000$938/sf-6.3%
Dec 19, 20243F
5 BR · 1 BA
$528,650-2.1%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $915/sf across 2 sales. The building has traded as recently as 2026. Median listing discount 3.5% 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.

11C+90%
$769,000 ($592/sf) 2004$1,460,000 2018
7H+77%
$540,000 ($540/sf) 2004$730,000 ($730/sf) 2011$955,000 2021
15BC+64%
$975,000 2003$1,600,000 2013
14H+59%
$675,000 ($711/sf) 2012$999,000 ($1,052/sf) 2015$1,070,000 2020
2K · 800 sf+48%
$600,000 ($750/sf) 2009$889,000 ($1,111/sf) 2014

Other recent transfers

DateUnitPrice
Sep 22, 20226B$640,000
Feb 11, 20222GH$2,175,000
Feb 12, 202110F$500,000
Sep 7, 201811C$1,460,000
Nov 11, 20154B$580,000
Aug 13, 20155G$975,000
View all 79 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 1-01437-0001) 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 co-op is flexible for its type. Pied-à-terre use is permitted and subletting is allowed three years out of five after the first year — rare latitude among full-service cooperatives.
  • The pet policy is friendly — cats and one dog under 50 pounds; confirm current specifics before committing.
  • Financing latitude is generous — up to 75% is reported, with guarantors allowed and no transfer tax; confirm current guidance at offer stage.
  • The amenity package is complete for the vintage — 24-hour doorman, live-in super, landscaped roof deck, basement garage, laundry, and storage.
  • Upper floors carry the premium for open exposures, light, and city views; expect a board interview and standard co-op diligence, eased by the building's guarantor and co-purchasing latitude.

What to know if you’re selling

  • Lead with flexibility. The pied-à-terre allowance, three-of-five sublet policy, dog-friendly rules, and generous financing set this building apart from its co-op peers — market them.
  • Widen the buyer pool. Because the building accommodates part-time owners and future subletting, marketing can reach beyond strict owner-occupants.
  • Feature the roof deck, garage, and light. The landscaped deck and open upper-floor exposures are genuine differentiators.
  • Anchor pricing to recent in-building and immediate-corner comparables, adjusted for floor, exposure, and condition.

Comparable buildings

The Roebling Team at 1180 Second Avenue

The Roebling Team specializes in Upper East Side transactions, with particular depth in Lenox Hill's postwar cooperative inventory. We track financing rules, policy, maintenance, and closing detail building by building, and we bring that granularity to both buyers and sellers at 1180 Second Avenue. If you are weighing a purchase or a sale here, we can walk you through the current picture and how this building compares to its immediate peers.

The neighborhood

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

Considering a move at 1180 Second Avenue?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com