- Year built
- 1962
- Type
- Cooperative
- Units
- 150
- Floors
- 21
- Landmark
- No
- Pets
- Permitted with board registration — a pet policy and registration form is part of the purchase application on file
- Financing
- 75 percent maximum, per the purchase application on file
- Flip tax
- 2.5 percent of the sale price, seller-paid, payable to 200 E. 74 Owners Corp., per the purchase application on file
200 East 74th Street is the value-tier workhorse of Lenox Hill's full-service co-op stock — a 21-story white-brick tower on one of the neighborhood's most recognizable corners, directly across 74th Street from J.G. Melon, with roughly 150 apartments, retail income at its base, and a policy framework that is unusually accommodating for an Upper East Side cooperative: 75 percent financing and a pied-à-terre posture that listing records describe as permissive. For buyers priced out of the corridor's pre-war co-ops who still want a doorman, an elevator bank, and Lenox Hill schools and amenities, this building is consistently on the shortlist.
Its ownership history is the most interesting thing about it, and we hold the primary document. The building was erected in 1962 by a tenant under a 1959 ground lease, and the 1979 conversion — sponsor Charlton Buildings Associates, selling agent J. G. Haft & Co. — sold shareholders a leasehold cooperative: the offering plan on file in The Roebling Research Library discloses a ground lease running to January 31, 2058, with no renewal options and graduated rent resets in 1989, 1999, and 2009. Insider pricing at conversion was $170 per share, 15 percent below the public price. That land-lease structure is the kind of fact that defines a building's economics for decades.
Which is why the next chapter matters more: city records show a December 1998 deed conveying the underlying parcel from NRP LLC I, an Emmes Asset Management entity, to 200 E. 74 Owners Corp. itself — the signature of a cooperative buying its own land, and doing so a decade ahead of the 2009 rent reset that would otherwise have hit shareholders. Today the cooperative corporation is the owner of record of the lot in city records, and neither the building's marketing nor current listing records carry land-lease disclosures. We treat the building as a fee-owned co-op with a leasehold past — and we instruct every buyer's attorney to confirm exactly that, first, in diligence.
Architecture and unit composition
The building is postwar white-brick pragmatism done at scale: a 101-foot Third Avenue corner front, massing that steps from a broad base to the tower (the title survey in the offering plan describes a twelve-to-twenty-one-story structure), corner windows where the setbacks break, and terraces on upper lines. The original architect is not firmly documented in public records, and we decline to guess; the 1979 plan's engineering report was prepared by Charles B. Ferris Associates.
Inside, the roughly 150 apartments — 458 rooms by the Building Department count cited in the plan — run from studios and one-bedrooms, which dominate the stock, through combinations that today trade as three-, four-, and in reconfigured cases five-bedroom homes per listing records. Layouts are efficient rather than grand: defined foyers, separated kitchens, and generous closets that renovate well. The lobby and hallways have been renovated in recent cycles per listing records, and the strongest lines pair corner light with Third Avenue's open southern and western exposures.
Building operations
Full-service: full-time doorman, live-in superintendent, fitness center (recently re-equipped per listing records), residents' lounge and meeting room, central laundry, bike room, package room, private storage, and on-site parking. The Third Avenue retail base — long anchored by a national drugstore per listing records — and the garage generate cooperative income that listing records consistently credit for the building's low maintenance, a pattern the board has reinforced by holding or reducing maintenance in recent years per brokerage records. Management is institutional (Midboro), and the purchase application, house rules, smoking policy, alteration guidelines, and estate-sale requirements are on file in The Roebling Research Library.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $59,987/yr
- Per unit / month range
- $0 – $33
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jan 21, 2026 | 17D | $890,000 |
| Sep 26, 2025 | 8C | $787,500 |
| Sep 30, 2025 | 15D | $800,000 |
| Sep 2, 2025 | 11F | $698,000 |
| Jul 28, 2025 | 19A | $1,300,000 |
| Apr 11, 2025 | 11C | $850,000 |
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 1-01428-0045) 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.
What to know if you’re buying
Confirm the land position first. The offering plan on file documents the leasehold conversion and the 2058 ground lease; city records indicate the cooperative took a deed to the parcel in 1998–99. Your attorney should confirm with the managing agent that the fee is held by the corporation and that no residual ground-lease obligations survive — it is a ten-minute question that settles the building's single most important structural fact.
The framework is genuinely flexible for the corridor. 75 percent financing and a permissive pied-à-terre posture per listing records widen the buyer pool relative to the 50–70 percent, primary-residence-only co-ops nearby. Confirm current policy in writing; postures drift. Run the Co-op Board Qualification Calculator before offering.
Underwrite the maintenance engine. Low maintenance here is a function of commercial and garage income. Your attorney should review the retail lease posture in the financials — tenancy changes at the base are the main variable in the carry math. Run the True Monthly Carrying Cost Calculator on the specific unit.
Studios and one-bedrooms are the building's currency. That makes it a natural first-purchase and parents-buying building, and it also means same-line comparables are plentiful — use them, not building averages.
Budget the application mechanics. The package on file itemizes the fees, deposits, registration forms, and alteration requirements; it is a standardized, well-run process, but it is thorough. We walk clients through it line by line.
What to know if you’re selling
The flip tax shapes your net. The seller-paid 2.5 percent transfer fee to the corporation is among the higher rates in the corridor — build it into pricing strategy from the start. Run the Seller Closing Cost Calculator before listing.
Sell the carry, document the land. Low maintenance is the headline buyers respond to; the land-ownership history is the question their attorneys will raise. We provide the offering plan and the recorded-deed history from the Research Library to buyers' counsel proactively — it shortens diligence.
Position against the corner's energy, honestly. The J.G. Melon corner is an asset for most buyers and a noise question for some. Third Avenue-facing lines should be shown at varied hours; quiet 74th Street-facing lines should be marketed as such.
Comparable buildings
If you're considering 200 East 74th Street, also evaluate:
- 176 East 77th Street (Lenox Manor) — the closest like-for-like: a postwar Third Avenue corner co-op with retail income, three blocks north, with a stricter framework (70 percent financing, no pieds-à-terre)
- 175–177 East 77th Street — Boak & Paris Art Moderne condominium; the flexibility alternative at a per-foot premium
- The Mayfair (207 East 74th Street) — the co-op neighbor across East 74th Street
- 300 East 74th Street — 1967 postwar tower co-op one avenue east; the balcony-and-views alternative
- Eastgate (245 East 72nd Street) — postwar co-op two blocks south
- 160 East 65th Street (The Phoenix) — Emery Roth & Sons postwar co-op; the southern peer
- Manhattan House (200 East 66th Street) — the landmarked postwar benchmark, now a condominium
- 255 East 77th Street — new-development condominium; the neighborhood's new-construction price ceiling
The Roebling Team at 200 East 74th Street
The Roebling Team at Compass works Lenox Hill and the broader Upper East Side as a core practice area, and this building's documentation — the 1979 offering plan, application package, and house rules — sits in our library precisely because its land-ownership history is the kind of fact pattern that generic building descriptions miss. We publish this profile because buyers and sellers here deserve building-specific intelligence, not neighborhood boilerplate.
If you're considering a transaction at 200 East 74th Street, a 30-minute consultation is the right starting point.