1186 Third Avenue
1186 Third Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1014040033 · BIN 1042497
- Year built
- 1961
- Type
- Cooperative
- Units
- 60
- Landmark
- No
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.5M
- Recent range
- $799K – $1.9M
- Listing discount
- 4.7%
- Recorded transfers
- 56
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1186 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.
1186 Third Avenue is a 1961 full-service cooperative on the northwest corner of East 69th Street, in the center of Lenox Hill. It belongs to the wave of post-war towers that transformed Third Avenue after the elevated train came down at mid-century — the demolition of the Third Avenue El turned a shadowed, industrial-edged corridor into a bright, retail-lined residential spine, and buildings like 1186 Third were the result. At 20 stories with ground-floor retail at its base, it is a building built for everyday Manhattan convenience.
The building's defining number is its scale. Across 60 apartments and 20 stories, it averages well over two thousand square feet per residence — a generous figure that signals large, family-scale layouts rather than the studio-and-one-bedroom density common in post-war towers. For a buyer who prioritizes space, light, and an easy-to-live-in plan over carved limestone and beamed ceilings, that is exactly the right trade: bigger rooms, larger windows, simpler systems, and frequently more flexible board cultures than the pre-war side streets nearby.
Location is where this building genuinely competes. It sits in the heart of Lenox Hill's retail and dining, with shops, cafés, and restaurants at street level and along the surrounding blocks. The 68th Street–Hunter College stop on the Lexington Avenue 6 line is one block south, and the Second Avenue Q is a short walk; Park and Madison's quieter, gallery-and-boutique blocks are minutes west, and Central Park is a roughly ten-minute walk. For a buyer who wants space and a turnkey, everything-at-hand neighborhood, the package is hard to beat.
Architecture and unit composition
1186 Third Avenue is a post-war masonry tower, a building defined by plan efficiency and light rather than exterior ornament, with retail anchoring its Third Avenue base. Its 60 apartments across 20 stories, combined with the generous average square footage, point to a layout mix weighted toward large one-, two-, and three-bedroom homes.
Post-war signatures are characteristic of the 1961 vintage: larger windows and more daylight than the typical pre-war apartment, comfortable ceiling heights, efficient room flow, and building systems following a more modern logic than their pre-war counterparts. Many residences in a building of this era have been renovated, so the specific home's layout, exposure, floor, and renovation history are the determinants of value. Higher floors gain open light and, on certain lines, long city views across the surrounding low- and mid-rise fabric; exposures divide between the Third Avenue frontage, the 69th Street side, and interior orientations.
Building operations
1186 Third Avenue operates as a full-service post-war cooperative with doorman service and a resident superintendent — a staffed, secure building that handles the everyday logistics of city living. The post-war structure also means simpler mechanical systems and the kind of larger, more adaptable floor plans that renovation-minded buyers favor.
Board posture at post-war Lenox Hill cooperatives tends to run more flexible than at the prime pre-war avenues, with renovation latitude and a practical approach to ownership that suits buyers who want to make a large apartment their own. Financing and residency expectations follow Upper East Side cooperative norms; a clean, well-documented package strengthens an application.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $98,737/yr
- Per unit / month range
- $0 – $137
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →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.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 28, 2026 | 19A | 2 BR · 2.5 BA · 1,413 sf | $1,800,000 | $1,274/sf | -37.9% |
| Jun 3, 2026 | 2B | 1 BR · 1.5 BA · 1,000 sf | $799,000 | $799/sf | +0.5% |
| Apr 14, 2026 | 11C | 3 BR · 3 BA · 1,700 sf | $1,525,000 | $897/sf | -3.2% |
| Dec 18, 2025 | 3C | 2 BR · 2 BA | $1,300,000 | -13.0% | |
| Aug 6, 2025 | 7 | 2 BR · 2.5 BA · 1,435 sf | $1,735,000 | $1,209/sf | +0.0% |
| May 10, 2024 | 12C | 2 BR · 2 BA · 1,502 sf | $1,330,000 | $885/sf | -4.7% |
| May 6, 2024 | 11A | 3 BR · 3.5 BA | $1,850,000 | -5.1% | |
| Aug 3, 2022 | 11D | 3 BR · 3 BA | $1,950,000 | -4.9% |
Market read. Most recent trades (2026) cleared a median $907/sf across 3 sales. Median listing discount 4.9% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Oct 2, 2003 | 9C | $1,100,000 |
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 1-01404-0033) 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
You're buying space in the middle of everything. Large, family-scale layouts in a fully staffed building, with Lenox Hill's retail and dining at the door and the 6 train a block away, are the core proposition.
Post-war systems and layouts are the trade. Expect larger windows, better light, simpler systems, and more adaptable plans than the pre-war side streets — and fewer period flourishes.
The location does heavy lifting. Subway, shopping, restaurants, Park and Madison, and Central Park are all within a short walk; this is among the more convenient corners on the East Side.
Underwrite the specific apartment. With a small, varied unit count, the home's size, floor, exposure, and renovation history drive value.
What to know if you’re selling
Lead with square footage and convenience. The combination of family-scale layouts and a central Lenox Hill location — transit, retail, and dining at hand — is the headline; emphasize it over period detail.
Highlight the lifestyle. A staffed building steps from the 6 train, Second Avenue Q, and a full retail corridor appeals to buyers who want turnkey city living.
Price to the apartment. Size, floor, exposure, and renovation level drive value across a varied unit mix; comparable analysis should be line-specific.
Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract to closing, subject to board scheduling.
Comparable buildings
If you're considering 1186 Third Avenue, also evaluate:
- 1218 Third Avenue — Third Avenue full-service building nearby
- 1230 Third Avenue — comparable Lenox Hill post-war co-op
- 333 East 69th Street — nearby Lenox Hill elevator building
- 301 East 69th Street — The Mayfair, a Lenox Hill cooperative nearby
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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 1186 Third Avenue?
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