1206 First Avenue
1206 First Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1014600001 · BIN 1045391
- Year built
- 1962
- Type
- Cooperative
- Units
- 147
- Landmark
- No
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $550K
- Recent range
- $360K – $1.4M
- Listing discount
- 2.1%
- Recorded transfers
- 174
1206 First Avenue is a substantial postwar cooperative on the eastern, riverward side of the Upper East Side — full-service doorman living at the value end of the neighborhood's deep co-op market. Completed in 1962, it belongs to the wave of brick elevator apartment houses that filled in First and York Avenues in the postwar decades, built for practical, light-filled apartment living and designed to deliver doorman service at attainable cost. At roughly 147 apartments, it is a mid-to-large building with the shareholder base to support full staffing and spread operating costs.
The location is the trade-off and the value. On First Avenue in the upper 60s, residents are a few avenues east of the Lexington and Park spines, closer to the river, the East River esplanade, and the quieter residential pockets of the Upper East Side — at pricing meaningfully below the central avenues. For buyers who want full-service doorman living on the Upper East Side without the central-avenue premium, this is exactly the tier 1206 First serves.
Architecture and unit composition
The 1962 vintage places 1206 First in the postwar idiom: an efficient brick elevator building with ground-floor retail along First Avenue, designed for functional apartment living rather than pre-war ornament. Layouts run to the postwar standard — studios, one-, and two-bedroom apartments with practical plans, ample closets, and large windows — with larger combinations and the better light and exposures on the upper floors.
With approximately 147 apartments, the building runs at the mid-to-large postwar density, and individual apartments are best evaluated at the unit level on floor, exposure, and renovation history.
Building operations
1206 First 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 Upper East Side 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
- 2024–2029 annual penalty
- $38,217/yr
- 2030–2034 annual penalty
- $139,144/yr
- Per unit / month range
- $22 – $79
Facade safety — Local Law 11
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.
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.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Dec 22, 2025 | 10H | 1 BA | $429,000 | +0.0% |
| Jul 16, 2025 | 13EF | 2 BR · 2 BA | $875,000 | -22.2% |
| Mar 28, 2025 | 4E | 1 BR | $490,000 | -4.9% |
| Jan 29, 2025 | 12F | 2 BR · 1 BA | $730,000 | -5.8% |
| Jan 16, 2025 | 5A | 2 BR · 2 BA | $1,120,000 | -6.3% |
| Oct 4, 2024 | 8E | 1 BR · 1 BA | $495,000 | +0.0% |
| Sep 18, 2024 | 6I | 1 BA | $360,000 | -7.5% |
| Aug 1, 2024 | 2J | 1 BR · 1 BA | $544,000 | +0.9% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $782/sf across 2 sales. The building has traded as recently as 2025. Median listing discount 2.4% 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.
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 1-01460-0001) 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.
What to know if you’re buying
This is full-service postwar value on the Upper East Side. Doorman service and an elevatored building near the river, at pricing well below the central avenues.
The shareholder base supports carrying costs. A ~147-unit building spreads operating and capital costs across a sizable base — 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.
Location is the value. First Avenue living near the East River esplanade, with the full Upper East Side amenity base a few avenues west.
What to know if you’re selling
Lead with full-service value. The doorman service, the elevatored postwar building, and the attainable Upper East Side pricing are the marketing assets.
Price to the building's own comps. With ~147 units, the persuasive evidence is 1206 First'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 1206 First Avenue, also evaluate:
- 1344 First Avenue — postwar First Avenue cooperative nearby
- 1131 Third Avenue — postwar Lenox Hill cooperative for a comparable tier
- 1402 Third Avenue — postwar Upper East Side cooperative nearby
- 160 East 65th Street — full-service Lenox Hill building nearby
- 1355 First Avenue — newer First Avenue condominium nearby for a tenure contrast
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 1206 First Avenue?
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 1206 First 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.