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

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01431-0021) 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.

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.

The Q is a repricing event that is still being absorbed. Comparables from before 2017 undervalue this corner; comparables from the newest Second Avenue condos overshoot it. Anchor to post-Q co-op trades within the immediate blocks.

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

The Roebling Team at Compass works Lenox Hill and the broader Upper East Side as a core practice area. We publish this building profile because 241 East 76th Street buyers and sellers deserve building-specific intelligence — policy framework, financial documentation, and corridor-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 241 East 76th Street, a 30-minute consultation is the right starting point.