Cooperative · 1928
173 East 79th Street
173 East 79th Street, New York, NY 10075
Buildings·Cooperative

173 East 79th Street

173 East 79th Street, New York, NY 10075

At a glance
Year built
1928
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

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

1BR median
$850K
Recent range
$690K – $2.7M
Listing discount
6.1%
Recorded transfers
63

173 East 79th Street is a 1928 pre-war cooperative that does the quiet, durable work of the Upper East Side housing stock: a full-service masonry building, generously sized for its era, on one of Lenox Hill's most convenient mid-blocks. It is not a Fifth Avenue trophy and does not pretend to be — and that is precisely its appeal. For buyers who want a real pre-war co-op on a prime East Side block, with the staffing and structure of a serious building but without the Park-and-Fifth premium, this is the kind of address that rewards a close look.

The block itself is the argument. East 79th Street between Lexington and Third sits in the center of everything that makes Lenox Hill work day to day: the Lexington Avenue 6 train one block west, the Second Avenue Q line a short walk east, the 79th Street crosstown bus at the corner, and a dense run of restaurants, groceries, cafés, and neighborhood retail within a two-block radius. Central Park is roughly four blocks west; the Museum Mile institutions are a short walk in the same direction.

At 60 residences across 15 floors, the building is mid-sized — large enough to support a full staff and a stable operating budget, small enough that the hallways stay quiet and the board knows its shareholders. The 1928 construction means thick masonry walls, real plaster, and the layout logic of an era that prioritized separated entertaining rooms, hard-walled bedrooms, and proper service areas.

Architecture and unit composition

The building belongs to the wave of speculative pre-war apartment houses that filled in the side streets between Lexington and Third in the second half of the 1920s. The vocabulary is sober and masonry-first: a stone-faced base, brick shaft, and modest cornice line, designed to read as a dignified neighbor rather than to announce itself. It is architecture meant to age well, and it has — the elevations remain clean and the proportions intact nearly a century on.

Inside, the apartments carry the hallmarks buyers come to pre-war for: beamed or high ceilings, separate kitchens, gracious entry foyers, and the solid sound isolation that comes from thick floors and masonry partitions. With roughly 60 homes across 15 stories, the building runs a mix from well-scaled one- and two-bedrooms to larger family layouts, several of which have been combined or renovated over the decades. Many residences retain original detail — moldings, hardwood floors, and the deep windowsills characteristic of the period — while updated kitchens and baths vary unit to unit.

Building operations

173 East 79th Street operates as a full-service cooperative. The lobby is attended, elevator service runs to all floors, and a resident superintendent manages day-to-day building systems. Shared infrastructure includes a central laundry room, basement storage, and bicycle storage — the practical amenity set that matters in everyday pre-war living.

As a cooperative, purchases here are subject to board review and an admissions package and interview, and ownership carries the shared-equity structure of co-op living: monthly maintenance covers the building's underlying mortgage, real-estate taxes, staff, heat, and reserves. Buyers should expect a board posture consistent with an established Upper East Side co-op — primary-residence orientation, customary financing limits, and a sublet policy structured to keep the building owner-occupied. We help buyers read the building's current rules and financials so there are no surprises at the package stage.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$1,500 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

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
Jun 3, 20263D
1 BR · 1 BA
$850,000-5.5%
Apr 30, 2026MAIS
3 BR · 3 BA
$2,337,500-6.3%
Apr 22, 20261A
1,600 sf
$2,337,500$1,461/sfoff-mkt
Feb 19, 20266B
2 BR · 3 BA
$2,125,000-5.6%
Nov 24, 20259D
1 BR · 1 BA
$965,000-6.8%
Sep 17, 20257B
2 BR · 2 BA
$2,350,000+4.4%
Jul 21, 20253A
3 BR · 2 BA
$2,675,000-6.1%
Sep 10, 20241D
1 BR · 1 BA
$695,000-7.3%

Market read. Most recent trades (2026) cleared a median $1,773/sf across 1 sale. Median listing discount 5.7% 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.

7C+114%
$560,000 2011$1,025,000 2015$1,200,000 2017
11D+89%
$637,500 2012$875,000 2018$1,205,000 2024
1A · 1,800 sf+67%
$1,400,000 ($778/sf) 2008$2,337,500 ($1,299/sf) 2026
14D+59%
$580,000 2004$740,000 2013$925,000 2018
9D+54%
$625,000 2021$965,000 2025

Other recent transfers

DateUnitPrice
Jul 29, 202114A$1,800,000
May 30, 201814D$925,000
Jul 13, 20177C$1,200,000
Mar 3, 20173D$810,000
Jun 24, 20156C$750,000
Dec 5, 201316B$3,135,000
View all 63 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 1-01508-0027) 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

The case for 173 East 79th Street is straightforward: a genuine full-service pre-war co-op on a top Lenox Hill block, priced below the Fifth and Park corridors. Budget for the co-op fundamentals — board approval, a documented financial package, an in-person interview, and maintenance that reflects a fully staffed building. Confirm the specifics of the current financing limit, sublet terms, and any flip tax as part of your offer strategy; these set the building's resale liquidity and should shape what you pay. Renovation-ready apartments here can be excellent value for a buyer prepared to invest, given the underlying pre-war bones.

What to know if you’re selling

A sale here is sold on location, staffing, and pre-war quality at a sensible price point. The block's transit and retail convenience is a concrete, repeatable selling point — name the 6 and Q trains, the crosstown bus, and the everyday retail at the door. Renovated homes should be benchmarked against the better Lenox Hill pre-war inventory; unrenovated homes should be priced honestly against their nearest in-building and on-block comparables. A clean, well-prepared board package and realistic pricing move apartments fastest in this building; we manage both, and position the listing against the right comparable set rather than the trophy stock that doesn't apply.

Comparable buildings

If you're weighing 173 East 79th Street, also look at these nearby East 79th Street and Upper East Side cooperatives:

The Roebling Team at 173 East 79th Street

The Roebling Team at Compass specializes in the Upper East Side, Lenox Hill, and the broader pre-war cooperative market. We publish this profile because buyers and sellers evaluating a building like 173 East 79th Street deserve building-specific intelligence — how the co-op operates, where the pricing sits against the right comparables, and what the board process actually demands. If you're considering a purchase or sale here, a 30-minute consultation is the right starting point.

Considering a move at 173 East 79th Street?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com