1250 Third Avenue
1250 Third Avenue, New York, NY 10021
BBL 1014070033 · BIN 1042850
- Year built
- 1960
- Type
- Cooperative
- Units
- About 183
- 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
- Doorman (hours not stated)
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
- $1.6M
- 12 qualifying sales
- Recent range
- $487K – $3.7M
- Listing discount
- 1.8%
- Recorded transfers
- 183
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1250 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.
1250 Third Avenue belongs to a specific and frequently overlooked tier of Upper East Side housing: the large postwar cooperative completed at the turn of the 1960s, when the avenues east of Park were rebuilding from a generation of tenement and elevated-rail-era stock into doorman elevator inventory. Completed in 1960 at the corner of East 72nd Street, the building sits in the Lenox Hill stretch of Third Avenue — a corridor that, after the Third Avenue El was demolished in the mid-1950s, filled rapidly with exactly this kind of mid-rise residential tower. (Its near neighbor, the landmark Tower East of 1962, set the design template for the genre two blocks south.)
The building's significance is structural rather than architectural. With roughly 183 apartments across 20 stories, 1250 Third is one of the larger cooperatives in its immediate neighborhood, and that scale defines its character: a deep, diversified unit mix, a steady internal resale market, and the operating economics of a substantial shareholder base. For buyers, this is the practical heart of the Upper East Side — full service at Third Avenue and East 72nd Street, with prices to compare against dated, matched prewar-avenue sales.
The corner siting is its everyday advantage. East 72nd Street is one of the principal cross-town spines of the East Side, and Third Avenue here is dense with restaurants, cafés, grocers, and neighborhood retail at street level. The Second Avenue subway's 72nd Street station is one avenue east, the Lexington Avenue 6 stops at 68th and 77th Streets one avenue west, and Central Park is a roughly ten-minute walk across town — a confluence of transit, shopping, and parkland that few value-tier addresses can match.
Architecture and unit composition
The building is a representative example of early-1960s Upper East Side construction: a masonry elevator apartment house organized for efficiency and volume rather than the ceremonial grandeur of the 1920s avenue cooperatives. Ceiling heights, room proportions, and layouts reflect the postwar luxury norm — generally functional, light-filled apartments with practical kitchens and baths rather than the formal entry galleries and servants' wings of the prewar era.
The approximately 183 apartments span a range of configurations, from studios and one-bedrooms appropriate to single buyers and pied-à-terre owners through two- and three-bedroom family layouts on the upper floors. Higher-floor apartments in a 20-story building of this footprint gain open exposures and light; specific line-by-line layouts, square footages, and renovation histories vary apartment to apartment, as is always the case in a large postwar co-op.
Building operations
1250 Third Avenue operates as a full-service postwar cooperative with an attended lobby and doorman service, elevators, on-site superintendence, and central laundry. Shared costs are allocated across roughly 183 units according to the cooperative’s documents. Compare actual maintenance, assessments, reserves and included services with specific smaller buildings; the unit count does not establish lower costs.
As a Lenox Hill cooperative of this era, the building follows the standard board posture for the tier: a purchase package and board interview, with policies on financing, sublet, and pets set by the board. Buyers obtain the proprietary lease, house rules, and recent financial statements in the course of any transaction, and we walk clients through them as part of the diligence.
Application and transaction fees
Fees below are from building management's published schedule, as of October 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
- 2% of gross sales price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of October 2026
Purchase
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing fee | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Credit Report and Background Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Processing Fee | Paid by Buyer | When With the application | Amount $100 | Refundable Non-refundable |
| If financing a purchase, processing feeConditional | Paid by Buyer | When At closing | Amount $400 | Refundable Not stated |
| Transfer fee | Paid by Seller | When At closing | Amount $850 | Refundable Not stated |
Refinance
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $450 | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Shareholder | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Insurance premium for financing | Paid by Shareholder | When With the application | Amount $150 | 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.
Monthly carrying charges in recent sales
- Maintenance, per room
- $609 per room a monthMedian of 21 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $1.88 per square foot 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
- Doorman (hours not stated)Source: 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
- $169,359/yr
- 2030–2034 annual penalty
- $291,645/yr
- Per unit / month range
- $77 – $133
- Modeled exposure split equally across 183 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 FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
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 10, 2026 | 19L | 3 BR · 2.5 BA | $3,710,000 | -4.7% | |
| Sep 9, 2026 | 14D | 2 BR · 2 BA · 1,250 sf | $1,595,000 | $1,276/sf | +0.0% |
| Jul 22, 2026 | 11C | 2 BR · 2 BA | $1,350,000 | -9.7% | |
| May 1, 2026 | 14G | 2 BR · 2 BA · 1,560 sf | $1,305,000 | $837/sf | +0.8% |
| Mar 18, 2026 | 10F | 1 BA · 561 sf | $595,000 | $1,061/sf | +0.0% |
| Nov 20, 2025 | 16G | 3 BR · 2.5 BA | $2,700,000 | -6.7% | |
| Oct 20, 2025 | 14M | 1 BR · 1 BA · 700 sf | $860,000 | $1,229/sf | +0.0% |
| Sep 9, 2025 | 5D | 2 BR · 2 BA | $1,792,750 | +2.4% |
Market read. Most recent trades (2026 to date) cleared a median $1,107/sf (floor-adjusted) across 3 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Dec 7, 2009 | 6A | $795,000 |
| Apr 24, 2003 | 8F | $320,000 |
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 1-01407-0033). 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 $1.47M (14 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $28,797 to close, or 2.0% of the price.
- Mansion tax: $14,725
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,072
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
Review the costs behind the scale. Compare current maintenance, assessments and included services with specific alternatives; a large shareholder base alone does not establish competitive carrying costs.
This is full-service living at a Third Avenue basis. You get the convenience and staffing of a doorman building without paying the Fifth/Park/Madison premium.
The corner location is the everyday case. Third Avenue retail at the door, the Second Avenue subway one avenue east, the Lexington Avenue 6 one avenue west, and Central Park a short walk across town.
The unit mix is broad. Layouts run from studios to family three-bedrooms, so define your space and light priorities early and compare lines carefully.
Mid-century, not prewar. Proportions and ceiling heights reflect 1960 construction; set expectations accordingly versus the prewar avenue product.
What to know if you’re selling
Lead with location and value. Full-service Upper East Side living, two-subway transit access, and a price-per-foot below the prewar avenues is the pitch.
Pricing requires line-level comparable analysis. With a deep unit mix, floor altitude, exposure, and renovation quality drive value more than building-wide averages.
The buyer pool is broad. First-time Upper East Side buyers, downsizers, and pied-à-terre seekers all shop this tier.
Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 1250 Third Avenue, also evaluate nearby Lenox Hill inventory:
- 1230 Third Avenue — Tower East; Emery Roth & Sons 1962, mid-century co-op farther south
- 1218 Third Avenue — postwar Lenox Hill co-op nearby
- 200 East 74th Street — postwar Lenox Hill co-op peer
More Upper East Side buildings
- 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
- 1261 Madison Avenue — 1901 co-op
- 1270 Third Avenue — 1958 co-op
- 1280 Third Avenue — 1966 co-op
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 1250 Third 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