241 East 76th Street

The building rises 10 stories of postwar red brick across roughly 97 feet of frontage on East 76th Street, turning the corner onto Second Avenue above its retail base — about 75,000 square feet of residential area over the 92 units per city records. The inventory is classic postwar mid-market: studios through two-bedrooms with a layer of combinations, built on practical 1950s plans — defined foyers, generous closets, windowed kitchens in many lines — that renovate efficiently. Upper-floor units on the avenue carry open corridor views and light; side-street lines trade exposure for quiet. As with most buildings of this vintage, heating and cooling run through-wall rather than central systems.

Full-service at the practical tier: 24-hour doorman, live-in superintendent, central laundry, bike room, private storage, the planted roof deck, and the on-site garage — parking by separate fee with board approval per listing records, an amenity that materially widens the buyer pool on a corridor where parking is scarce. Commercial and garage income supplements maintenance revenue, a structure documented in the audited financial statements on file in The Roebling Research Library; your attorney should review current financials, mortgage terms, and reserve posture during diligence.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2026 to date) cleared a median $743/sf (floor-adjusted) across 4 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01431-0021). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.

The policy framework is the headline. Eighty percent financing, pied-à-terre use, co-purchase, parents buying, and open subletting with a per-share fee — per listing and brokerage records — make this one of the more flexible full-service co-ops in Lenox Hill. Investors and parent-purchasers screened out elsewhere should look here. Verify every policy in current form with the managing agent before offering.

The garage changes the math for drivers. On-site parking with board approval is scarce in this tier. If a space matters to you, confirm availability, current rates, and the waitlist before contract — not after.

Underwrite the income side. Commercial rent, garage, and laundry income reduce what maintenance alone must carry — but commercial income also carries vacancy risk. Have your attorney review the current financial statements against the historical ones on file with us.

Second Avenue is the trade. Corner-of-avenue living means retail at your base, traffic noise on avenue-facing lines, and the Q three blocks south. Spend time on the specific line's exposure at rush hour before deciding between avenue and side-street inventory.

Run the board math early. Permissive is not the same as pro-forma. The Co-op Board Qualification Calculator frames the package before you offer.

Market the stack, not just the unit. Sublet flexibility, 80 percent financing, the garage, and the roof deck reach buyer segments — investors, parents, pied-à-terre buyers — that generic Lenox Hill marketing misses. State the policies plainly in the listing.

Use dated, matched comparisons. The Q opened nearby in 2017, but that fact alone does not measure a price change. Compare relevant recent cooperative sales with adjustments for market date, layout, condition, service and costs; older sales and newer condominiums require those adjustments rather than an assumed direction of error.

Condition drives the spread. With 92 units of similar bones, renovated-versus-original is the pricing axis. Price estate units to the renovation math — the Renovation Cost Calculator makes the buyer conversation concrete.

If you're considering 241 East 76th Street, also evaluate:

• 363 East 76th Street — the same street one avenue east; the closest like-for-like postwar comp
• 170 East 78th Street — postwar co-op two blocks north; the quieter side-street alternative
• 180 East 79th Street — larger postwar full-service co-op on the 79th Street crosstown spine
• 200 East 74th Street — postwar full-service co-op two blocks south
• 130 East 75th Street — the prewar co-op alternative toward Lexington
• 30 East 76th Street — the same street at Madison; the prestige step-up
• 240 East 79th Street — postwar co-op peer with a similar policy posture
• 255 East 77th Street — new-construction condo one block north; the new-product alternative at a different price point