Cooperative · 1966
The Wilshire
1440 Second Avenue, New York, NY 10021

1440 Second Avenue

1440 Second Avenue, New York, NY 10021

At a glance
Year built
1966
Type
Cooperative
Units
138
Floors
19
Landmark
No
Pets
Up to two cats with board approval; no dogs
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$613K
Recent range
$516K – $1.8M
Listing discount
4.1%
Recorded transfers
71

The Wilshire is a full-service postwar cooperative on a prominent Lenox Hill corner — a 1966 brick tower at the northeast corner of Second Avenue and East 75th Street, held by 301 East Tenants Corp and addressed both as 1440 Second Avenue and 301 East 75th Street. At 19 stories and 138 apartments, it is one of the taller full-service co-ops in the immediate area, with upper floors delivering open exposures and a landscaped roof deck that adds genuine common amenity.

The building's positioning is straightforward: strong value among full-service Lenox Hill co-ops, with 24-hour service, a fitness room, an on-site garage, and a roof deck at pricing that runs well below the trophy corridor. The trade-off is a more traditional policy posture — the cooperative restricts subletting and pied-à-terre ownership and permits cats but not dogs — which makes The Wilshire best suited to primary-residence buyers who want a well-run, amenity-equipped home rather than investment flexibility.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$83,016/yr
2030–2034 annual penalty
$175,131/yr
Per unit / month range
$50 – $106
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$3,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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

As a cooperative, The Wilshire trades on a price-per-room and maintenance-driven basis rather than the price-per-square-foot framing used for condominiums. Value here reflects the building's postwar layouts, its full-service operation and roof deck, its 19-story massing with open upper-floor exposures, and its Lenox Hill corner location — which, being east of Third Avenue and on an avenue frontage, sits at a discount to the interior Park-and-Fifth blocks.

The restrictive policy posture — no subletting, no pied-à-terre, cats-only — narrows demand to primary-residence buyers, which tends to keep pricing disciplined and accessible relative to more permissive buildings. Corner and avenue lines carry more street presence and light but also more avenue exposure; floor level and orientation materially affect value. Specific closed prices should be underwritten against current recorded transfers and in-building comparables rather than neighborhood averages.

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.

DateUnitApartmentPricePPSFvs. Ask
Feb 26, 20262G
1 BR · 1 BA
$600,000-9.8%
Sep 19, 20254EF
3 BR · 2 BA
$1,775,000-4.1%
Jul 21, 202514A
1 BR · 1 BA · 800 sf
$575,000$719/sf-5.7%
May 22, 20255C
1 BR · 1 BA · 750 sf
$610,000$813/sf+1.8%
Feb 19, 202514D
2 BR · 2 BA
$1,465,000-2.0%
Nov 26, 202410B
5 BR · 1 BA · 550 sf
$515,673.75$938/sf-6.1%
Sep 24, 20248A
1 BR · 1 BA
$615,000-12.0%
Sep 10, 202411E
1 BR · 1 BA
$660,000+5.6%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $774/sf across 2 sales. The building has traded as recently as 2026. Median listing discount 3.4% 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.

18C+95%
$760,000 2004$1,035,000 2005$989,149 2009$1,480,000 2021
15GHJ+46%
$1,425,000 ($792/sf) 2010$2,075,000 2021
10F · 875 sf+37%
$601,000 2007$601,000 2012$730,000 2015$825,000 ($943/sf) 2021
12A+34%
$530,000 2012$690,000 2014$712,500 2020
9C · 700 sf+32%
$521,000 ($744/sf) 2010$687,500 ($982/sf) 2017

Other recent transfers

DateUnitPrice
Oct 25, 20219FG$2,100,000
Oct 7, 202115GHJ$2,075,000
Oct 4, 202114F$750,000
Jul 5, 201714D$1,799,376.05
Jun 28, 20166E$500,000
May 13, 201611G$560,000
View all 71 recorded transfers, sortable

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 1-01450-0001) 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 a primary-residence building. Subletting and pied-à-terre use are restricted; buyers seeking flexibility or an income hold should look elsewhere.
  • The pet policy is limited — up to two cats with board approval, no dogs. Confirm before committing if pets are a factor.
  • The amenity package is complete for the vintage — 24-hour doorman, live-in resident manager, fitness room, on-site garage, roof deck, laundry, and storage.
  • Upper floors carry the premium for open exposures and light; weigh avenue-facing lines against quieter orientations.
  • Expect a board interview and standard co-op diligence; co-purchasing, gifting, and guarantors are reported as permitted, which can help qualify.

What to know if you’re selling

  • Position on value and service. The Wilshire's full-service operation, garage, and roof deck at accessible pricing are its core selling points.
  • Target the primary-residence buyer. With subletting and pied-à-terre restricted, marketing should speak to owner-occupants rather than investors.
  • Set the pet expectation up front to avoid late-stage friction — cats permitted, no dogs.
  • Anchor pricing to recent in-building and immediate-corner comparables, adjusted for floor, exposure, and condition.

Comparable buildings

The Roebling Team at The Wilshire

The Roebling Team specializes in Upper East Side transactions, with particular depth in Lenox Hill's postwar cooperative inventory. We track financing rules, policy, maintenance, and closing detail building by building, and we bring that granularity to both buyers and sellers at The Wilshire. If you are weighing a purchase or a sale here, we can walk you through the current picture and how this building compares to its immediate peers.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Considering a move at The Wilshire?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A broker’s honest answer to three questions — what your apartment would likely sell for today, what it costs to sell, and what you’d walk away with — for your apartment at The Wilshire, in this market. Put together by a person, not an algorithm.