1223 Lexington Avenue
1223 Lexington Avenue, New York, NY 10028
BBL 1015120123 · BIN 1047667
- Year built
- 1961
- Type
- Cooperative
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Not permitted
- Dogs
- Permitted with conditions
- Cats
- Not stated
- Washer/dryer
- Permitted with conditions
- Maximum financing
- 65% of the purchase price
- 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
- $2.1M
- 4 qualifying sales
- Recent range
- $828K – $2.9M
- Listing discount
- 2.6%
- Recorded transfers
- 81
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1223 Lexington 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.
1223 Lexington Avenue is a quintessential Upper East Side post-war cooperative: a full-service, 16-story elevator building completed in 1961 at the center of one of Manhattan's most convenient residential neighborhoods. It belongs to the generation of doorman buildings that shaped the East Side's apartment stock — and its appeal is practicality.
The case for a building like this is lifestyle and value rather than architectural pedigree. 1223 Lexington sits in the heart of the East 80s, with access to everyday services and transport: the Lexington Avenue subway at 86th and 77th Streets, the crosstown bus, the neighborhood's deepest concentration of restaurants, cafés, groceries, and pharmacies, and Central Park a short walk west. For buyers who prioritize a doorman, an elevator, and an unbeatable location over pre-war ornament, this is the kind of building that delivers.
For buyers, it is full service and convenience at sensible East Side co-op pricing. For sellers, the location, the staffing, and the efficient post-war layouts are the marketable strengths.
Architecture and unit composition
1223 Lexington is a representative post-war white-brick apartment house — a clean, unornamented 16-story facade designed for function and light rather than display. Buildings of this type prioritized larger windows, efficient elevator cores, and rational floor plans, and the result is bright, practical apartments.
The 60 residences run the post-war range from studios and one-bedrooms to larger two- and three-bedroom homes, with the straightforward layouts and good light that define the era. Ceilings are lower than the pre-war stock but the windows are larger. Renovated apartments with updated kitchens and baths command the premium within the building, as buyers respond to move-in-ready condition in this segment.
Building operations
This is a full-service cooperative with a full-time doorman, an attended lobby, elevator service, and a live-in superintendent. Amenities are practical — central laundry and storage — in keeping with a building whose value rests on its service and its location rather than on a resort-style amenity package.
The cooperative is professionally managed; review the current budget, audited statements, debt and any assessments. Prospective purchasers should expect a standard board package and personal interview; sublet policy, financing limits, pet rules, and any flip tax or transfer fee are set by the board and confirmed through the cooperative's documents during the application process.
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 purchase price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
11 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application FeeConditionalRequired | Paid by Buyer | When With the application | Amount $650, If no broker is involved then this fee will be $800 | Refundable Not stated |
| Credit Report FeeConditional · Per applicantRequired | Paid by Buyer | When With the application | Amount $200 Per individual applicant named on the contract and as a guarantor (if applicable) - plus any additional occupants | Refundable Not stated |
| Packages Reproduction/Messenger Fee | Paid by Buyer | When With the application | Amount $250 | Refundable Not stated |
| Expedited Closing Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
| Postponement FeeConditionalConditions: Less than 48 hr notice | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
| Power of AttorneyConditional · Per applicant | Paid by Buyer | When At closing | Amount $200 per individual (if applicable) | Refundable Not stated |
| Processing FeeConditionalConditions: If financing | Paid by Buyer | When At closing | Amount $400 | Refundable Not stated |
| Move Out Fee | Paid by Seller | When At closing | Amount $500 | Refundable Not stated |
| Power of AttorneyConditional · Per applicant | Paid by Seller | When At closing | Amount $200 per individual (if applicable) | Refundable Not stated |
| Seller's Transfer Fee | Paid by Seller | When At closing | Amount $800, | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Not stated |
Sublet
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Report FeePer applicantRequired | Paid by Tenant | When With the application | Amount $200 Per individual applicant - plus any additional occupants | Refundable Not stated |
| Processing Fee | Paid by Tenant | When With the application | Amount $500 | Refundable Not stated |
| Move Out Fee | Paid by Tenant | When Upon approval | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,000 | Refundable Not stated |
Refinance
2 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Non-refundable |
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.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 65% of the purchase priceSource: building management's published schedule, as of September 2026
- Guarantors
- Not permittedSource: building management's published schedule, as of September 2026
- Parent buying for an employed child
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for a student child
- PermittedSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Not permittedSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Dogs
- Permitted with conditionsOnly 1 dog per aptSource: building management's published schedule, as of September 2026
- Cats
- Not statedThe source permits pets without naming cats.Source: building management's published schedule, as of September 2026
- In-unit washer/dryer
- Permitted with conditionsCase-by-case basisSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $654 per room a monthMedian of 7 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
- 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
- $36,172/yr
- 2030–2034 annual penalty
- $156,603/yr
- Per unit / month range
- $50 – $218
- Modeled exposure split equally across 60 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 |
|---|---|---|---|---|---|
| Sep 1, 2026 | 6 | 2 BR · 2.5 BA | $2,375,000 | -1.0% | |
| Aug 28, 2026 | 14D | 2 BR · 2 BA | $1,950,000 | -2.5% | |
| Aug 6, 2026 | 7A | 3 BR · 3 BA | $2,015,000 | -12.2% | |
| Jun 30, 2026 | 14B | 2 BR · 2.5 BA | $2,350,000 | +2.4% | |
| Nov 20, 2025 | 8 | 3 BR · 2.5 BA · 1,750 sf | $2,600,000 | $1,486/sf | -5.5% |
| Jun 25, 2025 | 4D | 2 BR · 1.5 BA | $1,150,000 | +5.0% | |
| Jun 24, 2025 | 8D | 1 BR · 1.5 BA | $995,000 | +0.0% | |
| Feb 18, 2025 | 11A | 3 BR · 3 BA | $2,850,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,486/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 2.5% 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.
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 1-01512-0123). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 1223 Lexington Avenue and nearby.
At the recent median sale of $2.15M (9 transfers in the past 24 months, since October 31, 2024), a buyer putting 35% down would pay about $41,488 to close, or 1.9% of the price.
- Mansion tax: $26,938
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 65% financing limit.
Keep up with 1223 Lexington Avenue and its market
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What to know if you’re buying
This is an efficient post-war co-op purchase. Plan for a board package and interview, and direct diligence at the apartment — light, layout, the condition of the kitchen and baths, and any prior renovation — alongside the cooperative's reserves, recent capital projects, and maintenance trend.
The location is the headline. Few buildings in Manhattan offer this density of everyday convenience: the Lexington Avenue subway lines at 86th and 77th Streets, the crosstown bus at the corner, and the East 80s' restaurants, groceries, and shops immediately at hand, with Central Park a short walk away. Buyers who want a full-service doorman building in the heart of the East Side at attainable pricing are the natural audience. We help buyers evaluate the home, the finances, and the offer.
What to know if you’re selling
Lead with lifestyle. The selling story for a building like this is the doorman, the elevator, and above all the location — access to subway, bus, retail, and Central Park. For the buyer this building attracts, that convenience is the value, and it should anchor the marketing.
Price to the building's own resale history and to comparable East 80s post-war cooperatives, with condition and light as the swing factors. A renovated, move-in-ready apartment should be positioned at the top of its line's range. We advise sellers on staging, pricing, timing, and buyer qualification so the home reaches buyers who prioritize full service and location.
Comparable buildings
If you're considering 1223 Lexington Avenue, also evaluate these nearby Upper East Side cooperatives:
- 1004 Lexington Avenue — Lexington Avenue cooperative to the south
- 1091 Lexington Avenue — full-service Lexington cooperative
- 1349 Lexington Avenue — Carnegie Hill cooperative to the north
- 64 East 86th Street — nearby cooperative; confirm its construction date from primary records
- 320 East 86th Street — full-service East 80s building
More Upper East Side buildings
- 1206 First Avenue — 1962 co-op
- 1218 Second Avenue (SIXTYFOUR / 300 East 64th Street) — 1996 condominium
- 1218 Third Avenue — 1962 co-op
- 1225 Madison Avenue — 1930 co-op
- Tower East (1230 Third Avenue) — 1962 co-op by Emery Roth & Sons
- 1235 Park Avenue — 1927 condominium by Gronenberg & Leuchtag
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 1223 Lexington Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com