135 East 74th Street
135 East 74th Street, New York, NY 10021
BBL 1014097503 · BIN 1076302
- Year built
- 1924
- Type
- Condop
- Units
- 31
- Floors
- 11
- Amenities
- 24-hour doorman, live-in resident manager and laundry room, per listing records. Listing records also describe fireplaces in some apartments
- Ownership structure
- Cooperative; the city classifies the tax lot as a condominium (a condop structure)
- The Roebling Team's building profile
- Landmark status
- Not an individual landmark; in the Upper East Side Historic District Extension
- NYC Landmarks Preservation Commission records, updated February 2026
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 75% of the purchase price
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2026
- $743K
- 2 qualifying sales
- Recent range
- $635K – $3.1M
- Listing discount
- 14.0%
- Recorded transfers
- 30
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 135 East 74th Street 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.
This building has an ownership structure that is easy to miss. Park Lex Associates, the sponsor, did not convert the whole building into a single co-op. In 1989 it split the building into a three-unit condominium. It then sold the residential floors to a new co-op corporation and kept the stores and the doctor's office as separate condominium units, which it sold later. As a result, the co-op owns the apartments but not the retail. Shareholders are not responsible for the stores' real estate taxes or running costs, but they also do not collect the retail rent. Under the offering plan, the commercial unit pays 16 percent of the condominium's shared expenses and the professional unit 4 percent.
The building itself is a 1924 George F. Pelham apartment house, part of the Lexington Avenue frontage the city added to the Upper East Side Historic District in 2010. LPC's report says the builder, Joseph Polstein of Whitecourt Construction, advertised apartments of "unusual comfort" just off the busy avenue. That scale holds today: thirty-one apartments on eleven floors plus a penthouse, served by a passenger and a service elevator.
The financing ceiling makes it a practical buy. Listing records put it at 75 percent. The 31-apartment building also has a doorman; compare actual service coverage with specific alternatives.
Architecture and unit composition
LPC describes a building in three parts. There is a one-story masonry base, a nine-story beige-brick shaft and a one-story brick top, finished with terra-cotta sill courses and a molded terra-cotta cornice. The Lexington Avenue front has six bays with storefronts at street level. The East 74th Street front has nine bays with round-arched windows at the base. When the building opened, the apartments had three or six rooms, and there was one penthouse. Today the homes range from compact one-bedrooms to the larger six-room lines, with the penthouse and eleventh-floor combinations at the top.
Building operations
Condominium governance. The building is run by two boards. The co-op board handles admissions and the co-op's own budget. The condominium board of managers handles building-wide matters with the commercial and professional unit owners. The offering plan lists a special risk: the commercial unit owner must consent to certain condominium-board actions, including changes to the common elements. Buyers should read the declaration and by-laws with their attorney.
Underlying mortgage. In March 2021, ACRIS records show the corporation consolidating its mortgage with a New York savings bank at about $2.5 million, roughly $81,000 per apartment. The index does not show the rate or maturity. Ask for both.
Sponsor position. Park Lex Associates, the sponsor, was still selling apartments as recently as April 2022, per ACRIS. How many unsold shares it holds now is not documented. Ask for the most recent plan amendment.
Façade and systems. DOB's façade-inspection record shows a Cycle 9 filing rated safe with repair and maintenance program in December 2021, façade-repair permits in 2024, and a Cycle 10 filing rated safe in October 2025. A 2020 DOB filing replaced the building's fuel-oil tank. Ask about the current fuel setup and any conversion plans.
Policy framework
We have no current house rules or board package for this building. The policies in the At a glance section come from listing records and need to be confirmed. Because this is a condop, ask for two sets of documents: the co-op's proprietary lease and house rules, and the condominium declaration and by-laws. The declaration governs what can happen in the stores and what the co-op can change in the common elements. The managing agent should confirm the flip tax and who pays it, subletting terms, the post-closing liquidity and debt-to-income standards, and whether trusts or LLCs can hold shares.
Notable residents
LPC's designation report, drawing on The New York Times, records that Gilbert Colgate, former president and chairman of Colgate & Co., lived in the building, as did Jack Chrysler, son of Walter P. Chrysler.
Application and transaction fees
- Terms
- 2 percent, per listing records. Who pays it is not stated. Confirm with the managing agent
Source: The Roebling Team's building profile
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
- 75% of the purchase priceSource: The Roebling Team's building profile
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 verified
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
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
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
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
- $1,048 per room a monthMedian of 3 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
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- 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
- $0 (under cap)
- 2030–2034 annual penalty
- $45,255/yr
- Per unit / month range
- $0 – $122
- Modeled exposure split equally across 31 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).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
The September 2026 profile reports three recorded sales in its preceding twenty-four-month review window, including the combined eleventh-floor apartment. Verify their dates and transaction types; the thirty-one-apartment count does not independently establish typical turnover. Prices are quoted per room. The penthouse and the combined upper-floor apartments set the top of the range, the six-room lines the middle and the smaller low-floor apartments the entry point. Compared with Lenox Hill peers, the 75 percent ceiling, the doorman and the landmark façade support value. Explain the condop structure and assess any price effect from matched transactions rather than attribute discounts to buyer misunderstanding. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Aug 25, 2026 | 10C | 1 BR · 1 BA | $850,000 | -8.1% | |
| Jul 9, 2026 | 11BC | 4 BR · 3.5 BA · 2,495 sf | $3,150,000 | $1,263/sf | -13.7% |
| Feb 13, 2026 | 6C | 1 BR · 1 BA | $635,000 | -15.3% | |
| Nov 13, 2024 | 11A | 2 BR · 2.5 BA | $2,400,000 | -14.3% | |
| Apr 27, 2022 | 2B | 2 BR · 3 BA · 1,740 sf | $1,500,000 | $862/sf | -20.0% |
| Apr 1, 2022 | 10A | 3 BR · 3 BA · 1,165 sf | $2,954,522 | $2,536/sf | +0.2% |
| Aug 12, 2021 | 10C | 1 BR · 1 BA | $895,000 | +0.0% | |
| May 21, 2019 | 10C | 1 BR | $770,000 | -0.6% |
Market read. Most recent trades (2026 to date) cleared a median $1,263/sf (recorded) across 1 sale. Median listing discount 4.6% 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 1-01409-7503). 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 135 East 74th Street and nearby.
At the recent median sale of $1.63M (4 transfers in the past 24 months, since November 10, 2024), a buyer putting 25% down would pay about $30,800 to close, or 1.9% of the price.
- Mansion tax: $16,250
- 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 on the rest.
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What to know if you’re buying
Read both sets of documents. You are buying co-op shares, but the building is governed by a condominium declaration as well. Your attorney should review both.
Ask about the retail. The commercial unit owner can lease the stores for any lawful use, and the offering plan reserves that right. Ask what the stores are used for now and whether the lease terms affect the apartments above.
Get the mortgage terms. The 2021 consolidation is recorded but the maturity is not in the index. Ask the managing agent for it.
What to know if you’re selling
Explain the structure. Give buyers and their attorneys a short note on how the condop works up front. This helps buyers evaluate the shared governance and costs; it does not guarantee their response or prevent a price adjustment.
Lead with the doorman and the financing. Present the doorman service, thirty-one-apartment scale, listed 75 percent financing and landmark Pelham façade; a rarity claim needs a defined, current comparison set.
Comparable buildings
If you're considering 135 East 74th Street, also evaluate:
- 1065 Lexington Avenue — 1925 prewar co-op that also sits inside a condominium, a block north
- 130 East 75th Street — 1928 co-op at the other Lexington Avenue corner of the same block
- 125 East 74th Street — 1927–28 co-op mid-block, in the historic district
- 150 East 73rd Street — nearby prewar co-op with ground-floor commercial units
- 170 East 79th Street — 1927 co-op of similar size
- 111 East 75th Street — 1925 co-op a block north, 36 apartments, no doorman
- 815 Park Avenue — Park Avenue corner of the same block, a step up in price
More Upper East Side buildings
- The Touraine (132A East 65th Street) — 2013 condominium by H. Thomas O'Hara Architects
- 133 East 80th Street — 1930 co-op by Rosario Candela
- 134 East 93rd Street (The Royal Carnegie) — 1988 condominium
- 135 East 79th Street — 2013 condominium
- 136 East 79th Street — 1929 co-op
- 137 East 66th Street — 1918 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 135 East 74th Street?
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