1408 Second Avenue
1408 Second Avenue, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1014480003 · BIN 1044898
- Year built
- 1967
- Type
- Cooperative
- Units
- 235
- Landmark
- No
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $925K
- Recent range
- $525K – $3.3M
- Listing discount
- 3.0%
- Recorded transfers
- 183
1408 Second Avenue is a tall post-war cooperative in Lenox Hill, the dense and amenity-rich heart of the Upper East Side. Completed in 1967, it stands among the earlier large towers of the post-war Second Avenue building era — a 37-story masonry high-rise built when the Upper East Side was densifying eastward and demand for full-service, elevator-served apartments was outrunning what the pre-war avenues could supply. Buildings of this generation made the Upper East Side livable for a far broader range of residents than the Park, Fifth, and Madison co-op blocks, trading ornament for height, efficiency, and service.
At 37 stories the building is notably tall for its block and vintage, which translates into a higher proportion of upper-floor apartments with open exposures than shorter contemporaries offer; the highest lines reach toward open city, and on the eastern flank toward the East River corridor. The roughly 235 apartments are served by a full-service operation — a full-time doorman and concierge, an on-site garage with an EV charging station, a bike room, central laundry, a package room, and private storage — and the building is pet-friendly, a meaningful draw on the corridor. It is professionally managed as part of the 1408–1418 Second Avenue group.
The Lenox Hill location is central to the appeal. This is the Upper East Side at its most convenient — directly on the Second Avenue Subway corridor, two blocks from the 72nd Street station, steps from the 72nd Street crosstown, the Lenox Hill medical complex, and the full retail and dining density of the East 70s, with Central Park a short walk west. For buyers, 1408 Second Avenue offers a real cooperative ownership structure, well-proportioned post-war layouts, full service with a garage, and a top-tier convenience location at pricing well below the pre-war trophy tiers.
Architecture and unit composition
1408 Second Avenue is a late-1960s masonry high-rise in the restrained modern idiom of its era — vertical massing, efficient floor plates, and apartment volume prioritized over facade detail, with the building's considerable height giving it a stronger vertical presence than most of its block. The roughly 235 apartments span the configurations characteristic of the period: studios and one-bedrooms through larger two- and three-bedroom layouts, with select lines carrying balconies.
Interior signatures are those of post-war construction: ceiling heights generally in the 8-to-9-foot range, large windows, practical kitchen and bath layouts (many extensively renovated over the building's life), and ample closet infrastructure. The building's height means a meaningful share of apartments sit on upper floors with open city exposures; the highest lines reach toward longer river and skyline views. Layouts, dimensions, and finishes vary by line and floor and are best read against the floor plan and the offering plan.
Building operations
1408 Second Avenue operates as a full-service post-war cooperative with a full-time doorman and concierge, an attended lobby, central laundry, a package room, private and community storage, and a bike room. An on-site garage — fitted with an electric-vehicle charging station — adds parking, a genuine convenience at this density, and the building welcomes pets. Day-to-day management is handled professionally as part of the 1408–1418 Second Avenue group, giving the building institutional oversight.
The substantive diligence items are the co-op's financials: reserve adequacy, recent and planned capital work (facade cycles and Local Law 97 compliance planning are common considerations for towers of this vintage), and any current assessments. The specific financing limit, flip tax structure, and sublet terms are matters for the proprietary lease and house rules, which your attorney should review alongside the financials and minutes.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 |
|---|---|---|---|---|---|
| May 13, 2026 | 17C | 1 BR · 1.5 BA · 1,000 sf | $1,065,000 | $1,065/sf | -11.1% |
| Mar 30, 2026 | 3C | 1 BR · 950 sf | $820,000 | $863/sf | -3.4% |
| Mar 30, 2026 | 3CC | 1 BR · 1.5 BA | $840,000 | -1.1% | |
| Feb 26, 2026 | 30AB | 3 BR · 3.5 BA · 2,000 sf | $3,300,000 | $1,650/sf | -2.9% |
| Dec 19, 2025 | 23G | 2 BR · 2 BA | $1,930,000 | +1.8% | |
| Nov 5, 2025 | 14F | 2 BR · 2 BA | $1,700,000 | +0.0% | |
| Oct 8, 2025 | 15E | 2 BR · 1.5 BA · 1,000 sf | $1,310,000 | $1,310/sf | -3.0% |
| Jul 31, 2025 | 35C | 1 BR · 1.5 BA · 1,000 sf | $1,365,000 | $1,365/sf | +0.0% |
Market read. Most recent trades (2026) cleared a median $950/sf across 3 sales. Median listing discount 2.1% 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 1-01448-0003) 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 a full-service co-op — plan for a board process. A board package, financial review, and interview are standard; strong financials and clear primary-residence intent are advantageous.
Height is an asset here. At 37 stories, the building offers more upper-floor open-exposure inventory than shorter neighbors; floor and exposure are the primary value drivers.
The garage and pet policy are real conveniences. An on-site garage with EV charging and a pet-friendly posture are meaningful differentiators against amenity-light co-ops at the same price.
Scrutinize the building's finances. Reserves, recent and planned capital work (facade, Local Law 97), and any assessments matter more than architecture in a tower of this vintage; review the financials, minutes, and house rules with your attorney.
Location is a long-term tailwind. Second Avenue Subway two blocks away, the Lenox Hill medical and retail core, and a short walk to Central Park.
What to know if you’re selling
Lead with full service, the garage, and the height. A real co-op at post-war scale, full staffing, on-site parking with EV charging, and a high proportion of open-view upper-floor apartments, priced below the pre-war tier, in a top-convenience Lenox Hill location — that is the buyer thesis.
Apartment-level positioning drives price. Floor, exposure, layout, and renovation quality move value far more than building-wide averages in a tower this size.
Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract signing to closing, plus board package preparation and interview.
Comparable buildings
If you're considering 1408 Second Avenue, also evaluate:
- 1659 Second Avenue — The Newbury, full-service Yorkville co-op up the avenue
- 1725 York Avenue — East River Tower, Yorkville co-op
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 1408 Second 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 1408 Second 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.