1408 Second Avenue

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.

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.

Sales context at 1408 Second Avenue:

• Turnover is steady given the roughly 235-unit scale — typically a high-single-digit to low-double-digit number of closings per year across configurations.
• Pricing spans a broad range by unit size, floor, and exposure: studios and one-bedrooms at the building's accessible entry tier, with two- and three-bedroom and high-floor open-view configurations at meaningful premiums.
• Per-square-foot pricing typically sits well below the pre-war Upper East Side co-op tiers, consistent with the post-war vintage and Second Avenue location.

The building's live sales record is the right reference for current valuation and is maintained on the building's auto-generated sales page.

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.

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.

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 Roebling Team at Compass works Lenox Hill, Yorkville, and the broader Upper East Side as a core practice area, including the post-war co-op tier that most building coverage treats only superficially. We publish this profile because co-op buyers and sellers deserve building-specific intelligence — architecture, the amenity program, board mechanics, and pricing at the apartment level — not generic neighborhood commentary.

If you're considering a purchase or sale at 1408 Second Avenue, a 30-minute consultation is the right starting point.