Cooperative · 1963
The Mayfair
207 East 74th Street, New York, NY 10021
Buildings·Cooperative

The Mayfair (207 East 74th Street)

207 East 74th Street, New York, NY 10021

At a glance
Year built
1963
Type
Cooperative
Units
120
Landmark
No

The Mayfair at 207 East 74th Street is a representative — and well-regarded — example of the post-war white-brick cooperative that came to define a large share of the Upper East Side's mid-block housing stock. Built in 1963 on one of the neighborhood's most charming tree-lined blocks, between Second and Third Avenues, it offers the practical advantages that made this generation of buildings so durable: efficient layouts, full doorman service, an on-site garage, and a central Lenox Hill location within easy reach of Third Avenue shopping, the East 70s' restaurant corridor, and the Q train on Second Avenue.

The white-brick buildings of the late 1950s and early 1960s are sometimes overlooked in favor of the avenue's pre-war landmarks, but they serve a specific and enduring purpose in the Upper East Side market. They deliver full-service living — 24-hour doorman, concierge, live-in super — at price points generally more accessible than the pre-war co-ops, with practical modern infrastructure, broad floor plans, and the kind of mid-block quiet the better blocks in the 70s provide. The Mayfair is among the more sought-after of these buildings, helped by its block, its services, its scale, and the genuine rarity of a building-owned resident garage.

The building converted to cooperative ownership in 1983, part of the wave that turned much of the city's rental stock into owner-occupied housing. With roughly 120 apartments across 13 floors, it is a mid-sized co-op that produces a steady, liquid pattern of resale activity — one of the practical advantages of buying in a larger, well-established building.

Architecture and unit composition

The Mayfair is a clean early-1960s white-brick building: a white-brick façade with gray-brick banding, a granite marquee, and the unadorned massing typical of the era. It is not a building that trades on ornament — its case is made by services, layouts, and location rather than by architectural flourish.

Inside, the apartments are efficient post-war plans — well-proportioned rooms, good light, and the practical layouts that have kept this generation of buildings perennially in demand among primary residents. With roughly 120 apartments across 13 floors, the building offers a deep mix of studio-through-larger layouts and a liquid resale market. Laundry is located on each floor — an unusual convenience for a co-op of this era — and the building's streamlined service profile keeps its carrying costs contained.

Building operations

The Mayfair is a full-service post-war cooperative. Service includes a 24-hour doorman, a concierge, and a live-in superintendent. The standout amenity is the building-owned parking garage reserved for residents, available by waitlist — a genuine rarity that meaningfully differentiates the building. Other amenities include laundry on each floor, a bike room, and common storage. The cooperative is pet-friendly. Financing is permitted up to 65% of the purchase price — a comparatively accommodating cap — and maintenance is roughly 60% tax-deductible. The flip tax is paid by the seller. Pied-à-terre purchases are considered on a case-by-case basis, and subletting is limited, generally permitted for financial hardship or a work relocation, which keeps the building strongly owner-occupied.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$47,935/yr
Per unit / month range
$0 – $33
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
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2027
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

With roughly 120 apartments, The Mayfair is one of the more liquid co-ops on its stretch of the Upper East Side — a steady flow of resales across a normal year, spanning studios through larger combined homes. Pricing tracks the Lenox Hill post-war white-brick market, with high floors, renovated kitchens and baths, and homes that come with a garage space at the top of the building's range. The deep unit count and active turnover make for a reliable comparable set. For a current read on where a specific line trades, we maintain live comparables and are glad to share them.

What to know if you’re buying

This is a post-war cooperative, so a purchase clears a board package and interview, but the bar is more accessible than the pre-war avenue co-ops: financing runs to 65%, and the building is pet-friendly. Maintenance is roughly 60% tax-deductible, which improves the effective monthly carrying cost. Budget for standard co-op closing costs; the flip tax here is the seller's expense.

The building is built for primary residents — pied-à-terre purchases are weighed case by case and subletting is limited to hardship or relocation, so investors and part-time buyers should plan accordingly. The garage is a real asset: a building-owned space is rare, and a home that conveys with one, or sits near the top of the waitlist, carries added value. We help buyers read the package, benchmark the line, and structure an offer the board will approve.

What to know if you’re selling

Lead with the practical advantages that make this generation of building so durable: full 24-hour service, a charming tree-lined block between Second and Third, laundry on every floor, and — distinctively — a building-owned resident garage. Pair that with the pet-friendly board, the 65% financing cap, and the meaningful maintenance deductibility, all of which widen the buyer pool relative to stricter or costlier neighbors.

Price against the Lenox Hill post-war white-brick co-op set, positioning high-floor and renovated homes — especially any that convey a garage space — at the top of the building's range. The deep, liquid resale history makes for confident comparable pricing. We position each line against its true comparable set and manage the board process from accepted offer through closing.

Comparable buildings

If you're weighing The Mayfair, also evaluate these nearby Upper East Side post-war co-ops:

The Roebling Team at The Mayfair

The Roebling Team at Compass specializes in the Upper East Side — Lenox Hill, the East 70s, and the full-service post-war co-op market that defines the neighborhood's mid-blocks. We publish this profile because buyers and sellers at a building like The Mayfair deserve building-specific intelligence: the value of the building-owned garage, the board's financing cap and sublet posture, the maintenance deductibility, and where each line sits against the comparable set.

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

Considering a move at The Mayfair?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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