1344 First Avenue
1344 First Avenue, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1014670001 · BIN 1045843
- Year built
- 1961
- Type
- Cooperative
- Units
- 165
- Landmark
- No
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $401K
- Recent range
- $365K – $620K
- Listing discount
- 3.9%
- Recorded transfers
- 104
1344 First Avenue is a sizable 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 1961, it belongs to the postwar wave of brick elevator apartment houses that filled in First and York Avenues, built for practical, light-filled apartment living and designed to deliver doorman service at attainable cost. At roughly 165 apartments, it is a mid-to-large building with the shareholder base to support full staffing and spread operating costs widely.
The location is the trade-off and the value. On First Avenue near 72nd Street, residents are a few avenues east of the Lexington and Park spines, closer to the river and the East River esplanade, in 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 precisely the tier 1344 First serves.
Architecture and unit composition
The 1961 vintage places 1344 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 165 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
1344 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
- $38,144/yr
- 2030–2034 annual penalty
- $152,634/yr
- Per unit / month range
- $19 – $77
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.
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 | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 6, 2026 | 7K | 1 BA · 475 sf | $380,000 | $800/sf | -9.1% |
| Aug 18, 2025 | PHD | 1 BR · 1 BA | $815,000 | -3.6% | |
| Jul 1, 2025 | 12J | 1 BA | $475,000 | -2.1% | |
| Jul 10, 2024 | 16D | 1 BR · 1 BA · 750 sf | $620,000 | $827/sf | -11.3% |
| Aug 23, 2023 | 12K | 1 BA | $365,000 | -3.9% | |
| Jan 6, 2023 | 18G | 1 BA · 500 sf | $422,500 | $845/sf | -1.5% |
| Aug 9, 2022 | 15C | 1 BA | $480,000 | +0.2% | |
| Aug 8, 2022 | 10F | 1 BR · 1 BA | $620,000 | -2.4% |
Market read. Most recent trades (2026) cleared a median $846/sf across 1 sale. 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 |
|---|---|---|
| Jan 13, 2004 | 7F | $389,000 |
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 1-01467-0001) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
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 ~165-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 ~165 units, the persuasive evidence is 1344 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 1344 First Avenue, also evaluate:
- 1206 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
- 1355 First Avenue — newer First Avenue condominium nearby for a tenure contrast
- 160 East 65th Street — full-service Lenox Hill building 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.
Considering a move at 1344 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 1344 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.