1218 Third Avenue
1218 Third Avenue, New York, NY 10021
BBL 1014050040 · BIN 1042740
- Year built
- 1962
- Type
- Cooperative
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Flip tax
- 2% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $1.9M
- 4 qualifying sales
- Recent range
- $605K – $3.3M
- Listing discount
- 2.7%
- Recorded transfers
- 77
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1218 Third Avenue is a 20-story, 95-unit cooperative built in 1962 on the west side of Third Avenue between 70th and 71st Streets — the heart of Lenox Hill, and one of the most convenient residential pockets on the Upper East Side. It belongs to the wave of post-war elevator houses that rose along Third Avenue after the elevated railway came down, replacing low-rise tenements with full-service apartment towers that gave the avenue its modern, mid-rise residential character.
The case for the building is location and service rather than ornament. From the front door, residents are a few avenue blocks from Central Park, within reach of the Lexington Avenue and Second Avenue subways, and surrounded by the grocers, cafés, restaurants, and everyday retail that make this stretch of Third Avenue one of the most walkable in the neighborhood. The building offers exactly what buyers in this corridor want from a co-op: a doorman, an elevator, and a managed, owner-occupied community with pricing to compare against dated, matched sales in the pre-war stock a few blocks west.
Architecture and unit composition
The building is a representative example of early-1960s Upper East Side construction — a clean, vertical white-brick tower of 20 stories, designed for efficiency and light rather than pre-war flourish. The building has 95 units across 20 floors. Check the actual landing arrangement and noise in the apartment; unit count and floor count do not establish acoustic performance.
Layouts follow the practical post-war program of the era: well-proportioned studios, one-bedrooms, and two-bedrooms with sensible separation of living and sleeping space, ample closets, and large windows that pull in light from the avenue and side streets. The upper floors capture open city views, and the building is crowned by a duplex penthouse — the kind of full-floor-plus aerie that trades infrequently and commands a premium when it does.
Building operations
1218 Third Avenue runs as a full-service cooperative. A doorman attends the lobby and a live-in resident superintendent keeps the building maintained day to day. Shared services include central laundry, a bike room, and resident storage — the practical infrastructure of a post-war co-op. The doorman-attended entrance and managed common areas are the everyday value here.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 2% of the sale price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
21 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Applicant or Guarantor FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $200 per applicant/guarantor | Refundable Not stated |
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Credit Rerun FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| Expedited FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Financing FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $400 if applicable | Refundable Not stated |
| Incomplete Application FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $150 if applicable | Refundable Not stated |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| POA FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $200 per POA | Refundable Not stated |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPaid to management | Paid by Buyer | When At closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Buyer | When At closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Messenger FeeConditionalConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $50.00 (if applicable) | Refundable Not stated |
| Monthly Maintenance Charge FeeConditionalConditions: If closing takes place after the 10th of the monthPaid to the building | Paid by Buyer | When At closing | Amount Equal to maintenance and Charges up to the time of closing | Refundable Not stated |
| Transfer Agent Closing FeeConditionalPaid to management | Paid by Buyer | When At closing | Amount $850 or $1100 if closing remotely | Refundable Not stated |
| Adjournment Fee - applies to closings cancelled within 48 hours before the scheduled closing. After office hours, holidays and weekends do not count towards the 48 hours.ConditionalPaid to management | Paid by Seller | When At closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Closing Overtime Fee - paid by Buyer or SellerConditional · Per hourConditions: If applicablePaid to management | Paid by Seller | When At closing | Amount $250.00 per hour after 2 hours from scheduled time ($250.00 minimum) | Refundable Non-refundable |
| Estate Sale FeeConditionalPaid to management | Paid by Seller | When At closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Expedited Closing Fee within 7 business days of receiving both the new closing documents and approval to closeConditionalConditions: In-office (if available) or remote; If applicable; Whichever comes later not including weekends or holidaysPaid to management | Paid by Seller | When At closing | Amount $500.00 (if applicable) | Refundable Non-refundable |
| Lost Stock & Lease FeeConditionalPaid to management | Paid by Seller | When At closing | Amount $600.00 (if applicable) | Refundable Non-refundable |
| POA FeeConditional · Per applicantPaid to management | Paid by Seller | When At closing | Amount $200.00 per poa (if applicable) | Refundable Not stated |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Applicant or Guarantor FeePer applicantPaid to management | Paid by Subtenant | When With the application | Amount $200 per applicant/guarantor | Refundable Not stated |
| Application Processing FeePaid to management | Paid by Subtenant | When With the application | Amount $650 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Subtenant | When With the application | Amount $120 per applicant | Refundable Non-refundable |
| Credit Rerun FeeConditionalPaid to management | Paid by Subtenant | When With the application | Amount $250 if applicable | Refundable Not stated |
| Expedited FeeConditionalPaid to management | Paid by Subtenant | When With the application | Amount $500 if applicable | Refundable Not stated |
| Incomplete Application FeeConditionalPaid to management | Paid by Subtenant | When With the application | Amount $150 if applicable | Refundable Not stated |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Subtenant | When With the application | Amount $250 | Refundable Non-refundable |
Refinance
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Shareholder | When With the application | Amount $120 per applicant | Refundable Non-refundable |
| Credit Rerun FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $250 if applicable | Refundable Not stated |
| Expedited FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $500 if applicable | Refundable Not stated |
| Incomplete Application FeeConditionalPaid to management | Paid by Shareholder | When With the application | Amount $150 if applicable | Refundable Not stated |
Alteration
1 item
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Security DepositPaid to the building | Paid by Resident | When Upon approval | Amount Equal to 10% of the projected cost or $10,000 (whichever is higher) for type II and type III | Refundable Refundable |
Ownership transfer
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Report FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $125 per applicant | Refundable Non-refundable |
| Estate TransferConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| LL58 Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Name change/spouse add/removalConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Not stated |
| Transfer into a TrustConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Transfer to a Family Member and a Third PartyConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Closing Fee for all TransfersPaid to management | Paid by Buyer | When At closing | Amount $850 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
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Monthly carrying charges in recent sales
- Maintenance, per room
- $654 per room a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $53,434/yr
- Per unit / month range
- $0 – $47
- Modeled exposure split equally across 95 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 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 inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. 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 — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 2, 2026 | 8D | 3 BR · 3.5 BA | $3,200,000 | -5.7% | |
| Feb 25, 2026 | 8E | 2 BR · 2.5 BA | $2,150,000 | -2.3% | |
| Jan 9, 2025 | 3C | 2 BR · 2.5 BA | $1,400,000 | +0.0% | |
| Dec 20, 2024 | 15E | 1 BR · 2 BA | $825,000 | +3.3% | |
| Nov 8, 2024 | 4C | 1 BR · 1.5 BA | $1,190,000 | +5.8% | |
| Aug 20, 2024 | 8C | 1 BR · 1.5 BA | $1,150,000 | +0.0% | |
| May 28, 2024 | 7F | 3 BR · 3.5 BA | $3,250,000 | -4.3% | |
| May 28, 2024 | 5B | 2 BR · 2.5 BA · 1,600 sf | $1,800,000 | $1,125/sf | -2.7% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,435/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 4.2% 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 | 4C | $550,000 |
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 1-01405-0040). 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.
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At the recent median sale of $1.4M (5 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $27,800 to close, or 2.0% of the price.
- Mansion tax: $14,000
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,800
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
This is a cooperative purchase, so plan on a board application and interview, and budget for the financial documentation a co-op board reviews. Compare the price and carrying costs of this Lenox Hill doorman building with dated, matched sales west of Park Avenue before assigning a discount. Look closely at the line and exposure — check daylight and noise in the actual apartment at different times; side-street orientation and floor do not by themselves establish quieter or brighter conditions. The duplex penthouse is the building's trophy and rarely available; when one of the larger two-bedroom lines comes up renovated, it tends to draw the most competition. We help buyers read the building's financials, weigh the line and floor, and move decisively when the right unit appears.
What to know if you’re selling
The selling story here is service and location, told plainly. Lead with the full-time doorman, the Central Park and subway proximity, and the everyday convenience of the Third Avenue retail corridor — specific features to document for prospective buyers. Show the actual light, exposure and renovation condition, including the kitchen and baths. Price to the building's true comparable set — full-service post-war Lenox Hill co-ops — adjusting for differences from nearby pre-war towers. Comparable analysis can inform an asking price but does not guarantee a sale.
Comparable buildings
If you're considering 1218 Third Avenue, also evaluate these nearby Upper East Side cooperatives and elevator buildings:
- 1230 Third Avenue — Third Avenue peer just to the north
- 1186 Third Avenue — full-service Third Avenue cooperative nearby
- 1250 Third Avenue — Lenox Hill / Yorkville elevator building
- 1408 Second Avenue — full-service building one avenue east
More Upper East Side buildings
- 1186 Third Avenue — 1961 co-op
- 1206 First Avenue — 1962 co-op
- 1218 Second Avenue (SIXTYFOUR / 300 East 64th Street) — 1996 condominium
- 1223 Lexington Avenue — 1961 co-op
- 1225 Madison Avenue — 1930 co-op
- Tower East (1230 Third Avenue) — 1962 co-op by Emery Roth & Sons
The neighborhood
For the full corridor — architecture, 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 Townsend House?
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646.939.7375 · c.cohen@compass.com