245 East 72nd Street
245 East 72nd Street, New York, NY 10021
BBL 1014270018 · BIN 1043972
- Year built
- 1930
- Type
- Cooperative
- Units
- 120
- Floors
- 20
- Pets
- Not firmly documented in the records available to us — confirm the house rules with the managing agent
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted with conditions
- Washer/dryer
- Permitted with conditions
- Maximum financing
- 80% of the purchase price
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2023–2026
- $780K
- 12 qualifying sales
- Recent range
- $393K – $1.7M
- Listing discount
- 4.4%
- Recorded transfers
- 147
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 245 East 72nd Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Bing & Bing built a small enclave on the two blocks between East 72nd and East 73rd Streets east of Third Avenue, and hired Emery Roth to design most of it. Those buildings are low, wide and textured — twelve and thirteen stories of knobbed brown brick with sunken living rooms and beamed ceilings. 245 East 72nd Street is the exception. It is twenty stories, in pale mottled brick with limestone trim, with balconies and setback terraces stepping up the elevation, and it is the tallest prewar building on the block by a wide margin. It belongs to the same developer and the same architect and to a different architectural idea entirely.
That height is the building's structural advantage and it is durable. The surrounding blockfronts are low, which means the upper third of this building has open sky and long views in a part of Lenox Hill where most prewar apartments look into a facing wall. The setback terraces that produce the octagonal finials on the elevation are attached to real apartments, and terrace inventory in a 1930 building of this quality is a genuinely scarce commodity on the Upper East Side.
The building also sits inside the Special Transit Land Use District created around the Second Avenue Subway. In practical terms the 72nd Street station is a short walk east, which changed the block's transit position materially and permanently after the line opened. Buyers who last looked at this stretch of East 72nd Street before that should re-examine it.
The reported policy terms include financing and use permissions. Management-sourced records place financing at up to 80 percent, permit subletting with board approval, and permit pied-à-terre use case by case. The 20 percent down-payment threshold differs from a 50 percent requirement; actual demand and sale timing should be assessed from current listings and dated closings.
Architecture and unit composition
Roth's design here is a setback tower rather than a courtyard house. The base is faced in mottled beige brick with limestone at the entrance canopy and the lower openings; the shaft steps back at the upper floors, and the terraces created by those setbacks are marked by octagonal finials and by the carved grotesques that give the elevation its period signature. Angled balconies punctuate the front elevation — a detail that reads as unmistakably 1930 rather than postwar.
The apartments in unaltered lines carry the standard prewar vocabulary: beamed ceilings, crown molding, hardwood floors, and the room-count logic of a building designed before open plans. City records carry 120 residential units, but Department of Buildings filings since 2021 record a steady run of combinations — two twentieth-floor apartments joined, two fifth-floor apartments joined, a sixteenth-floor combination, and a filing in 2026 to combine two eighteenth-floor one-bedrooms. Where that work has been completed and signed off, the physical apartment count falls below the recorded 120 — the ordinary course in a building where the small lines are worth more combined than apart. The 2026 filing is an application, not finished work. It also means a buyer should not assume that a line letter seen in an old floor plan still exists.
Roughly 5,200 square feet of non-residential space sits on the lot, most of it classified as office. The area does not establish corporate rental income; confirm ownership, lease terms and collections in the current financial statements.
Distinguishing this building from its neighbors
Block 1427 carries several cooperatives that are easy to confuse, and one of them has a genuine address problem.
203 East 72nd Street (The Bayard House) occupies the Third Avenue blockfront at the western end of the same block. It is a 1966–67 postwar tower of 149 units, converted under a 1978 offering plan, and PLUTO files it as "1251 Third Avenue" rather than under any East 72nd Street address. Nothing about its history, its era or its policy stack transfers to this building. 245 East 72nd Street is a 1930 Emery Roth prewar converted in 1987, on its own tax lot, with its own corporation, its own underlying mortgage and its own address problem — 241 East 72nd Street, not 1251 Third Avenue.
215 East 72nd Street is a 1929 thirty-unit boutique co-op on the same blockfront: same era, entirely different scale.
220 East 73rd Street and 230 East 73rd Street are the low-rise Bing & Bing houses that properly carry the Eastgate name. They share this building's architect and developer and almost nothing else about their massing, their apartment plans or their price structure.
Building operations and capital posture
The building is in the middle of a substantial exterior cycle, and this is the single most important operational fact for anyone transacting here right now.
Department of Buildings filings record a façade program filed in May 2024 covering selective lintel and sill replacement, precast coating refurbishment, masonry repointing and selective face-brick replacement — a full Local Law 11 scope rather than a cosmetic patch. Suspended scaffold equipment was filed in August 2024 and again in February 2025, temporary roof protection in March 2025, and a sequence of sidewalk shed and pipe-scaffolding filings runs from October 2024 through February 2026. A lobby renovation was filed in July 2025. Work of this shape and duration is normally funded by some combination of reserves, the underlying mortgage and an assessment.
The corporation's underlying debt has been refinanced on a roughly five-to-ten-year cadence since the 1987 conversion, most recently under a $5,000,000 consolidation, extension and modification agreement recorded in December 2019. The maturity date is not on the public record and should be requested directly — a maturing underlying mortgage combined with a live façade program is the combination that produces assessments, and both should be checked together rather than separately.
On the amenity side, the building has been adding rather than deferring: a cellar residents' recreation room and expanded laundry were built out from 2021, with a further alteration-with-certificate-of-occupancy filing in November 2024 converting additional cellar storage to residents' use. There is a fitness center, a landscaped private garden, a bicycle room and private storage, with 24-hour door staff and a live-in superintendent.
Policy framework
Everything below comes from management-sourced records rather than from an offering plan, and every line should be confirmed with the managing agent at offer stage. No offering plan for this building was located in the offering-plan libraries at the time of writing.
- Financing: up to 80 percent, meaning a 20 percent minimum down payment
- Subletting: permitted with board approval, with a sublet fee reported at 20 percent of annual maintenance
- Pied-à-terre: permitted case-by-case with board approval
- Flip tax: the September 2026 fee panel reports seller-paid duration tiers of 1%, 1.5% and 2%; obtain the operative schedule to confirm the bands and calculation base
- Post-closing liquidity, guarantors, co-purchase, and trust or LLC ownership: not documented in public records. These are the items that decide whether a board package clears, and none of them is published. Ask the managing agent directly
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 1% if apartment owned for 10 or more years equal to 1.5% if apartment owned for 6 or 9 years equal to 2% if apartment owned for less than 6 years
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
11 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Buyer | When With the application | Amount $725 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit/Background Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Buyer | When At closing | Amount $25 | Refundable Non-refundable |
| New York State Stamp TaxPaid to management | Paid by Buyer | When At closing | Amount Equal to $0.05/share | Refundable Non-refundable |
| Power of Attorney Review FeeConditionalConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $150 (If applicable) | Refundable Not stated |
| Recognition Agreement FeeConditionalConditions: If financingPaid to management | Paid by Buyer | When At closing | Amount $325 (if applicable) | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $775 | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Shareholder | When At closing | Amount $25 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Subtenant | When With the application | Amount $575 | Refundable Non-refundable |
| Criminal Background FeePer applicantPaid to management | Paid by Subtenant | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Annual Sublease FeeConditional · RecurringPaid to the building | Paid by Shareholder | When Upon approval | Amount Equal to 20% of the annual maintenance of the apartment being subleased/per year (if the apartment is being subleased for less than one (1) year, the amount will be prorated). | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
| Move-In DepositPaid to the building | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Annual Sublease FeeConditional · RecurringPaid to the building | Paid by Shareholder | When With the application | Amount Equal to 20% of the annual maintenance of the apartment being subleased/per year (if the apartment is being subleased for less than one (1) year, the amount will be prorated). | Refundable Non-refundable |
| Application Processing FeePaid to managementRequired | Paid by Shareholder | When With the application | Amount $225 | Refundable Non-refundable |
Refinance
3 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Credit Check FeePaid to management | Paid by Shareholder | When With the application | Amount $125 | Refundable Non-refundable |
Ownership transfer
27 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Buyer | When With the application | Amount $775 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit/Background Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant/adult applicant | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Buyer | When At closing | Amount $25 | Refundable Non-refundable |
| New York State Stamp TaxPaid to management | Paid by Buyer | When At closing | Amount Equal to $0.05/share | Refundable Non-refundable |
| Power of Attorney Review FeeConditionalConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $150 (If applicable) | Refundable Not stated |
| Recognition Agreement FeeConditionalConditions: If financingPaid to management | Paid by Buyer | When At closing | Amount $325 (if applicable) | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $775 | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Shareholder | When At closing | Amount $25 | Refundable Non-refundable |
| Flip TaxConditionalConditions: $15 a share if it is dated between Jan-June 2017Paid to the building | Paid by Shareholder | When At closing | Amount Equal to 1% if apartment owned for 10 or more years an amount equal to 1.5% if apartment owned for 6 or 9 years an amount equal to 2% if apartment owned for less than 6 years | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
Transfer: trust
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $500 | Refundable Non-refundable |
Transfer: estate
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to managementRequired | Paid by Buyer | When With the application | Amount $775 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit/Background Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Buyer | When At closing | Amount $25 | Refundable Non-refundable |
| New York State Stamp TaxPaid to management | Paid by Buyer | When At closing | Amount Equal to $0.05/share | Refundable Non-refundable |
| Power of Attorney Review FeeConditionalConditions: If applicablePaid to management | Paid by Buyer | When At closing | Amount $150 (If applicable) | Refundable Not stated |
| Recognition Agreement FeeConditionalConditions: If financingPaid to management | Paid by Buyer | When At closing | Amount $325 (if applicable) | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $775 | Refundable Non-refundable |
| Corporation Administrative FeePaid to the building | Paid by Shareholder | When At closing | Amount $25 | Refundable Non-refundable |
| Flip TaxConditionalConditions: $15 a share if it is dated between Jan-June 2017Paid to the building | Paid by Shareholder | When At closing | Amount Equal to 1% if apartment owned for 10 or more years an amount equal to 1.5% if apartment owned for 6 or 9 years an amount equal to 2% if apartment owned for less than 6 years | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: The Roebling Team's building profile
- Guarantors
- Permitted with conditionsSublease yes, case by case with purchase, must provide full financial package and we will have to run a credit reportSource: building management's published schedule, as of September 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for an employed child
- Not permittedSource: building management's published schedule, as of September 2026
- Parent buying for a student child
- Not permittedSource: building management's published schedule, as of September 2026
- Purchase or lease by a corporation
- PermittedSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsSublet fee of 20% annual maintenance. All subleases are subject to the approval of the Board of Directors. No sublease will be considered where the shareholder is not current in all obligations to 245 East 72nd Owners Corp. Only shareholders who have resided in their apartments for a period of not…Source: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- Permitted with conditionsCase by caseSource: building management's published schedule, as of September 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Not verified
- In-unit washer/dryer
- Permitted with conditionsWasher/dryer require Board approval and would require engineering/architectural review prior to presenting to the Board for approval.Source: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $652 per room a monthMedian of 13 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.55 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, garden, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $46,504/yr
- Per unit / month range
- $0 – $32
- Modeled exposure split equally across 120 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed September 2026.
Recent sales
This is an active building. ACRIS records roughly 150 share transfers against the tax lot in the period covered by its digitized index, spread evenly across the years rather than clustered — a co-op that trades continuously rather than in bursts.
Pricing here separates on three axes. The first is height: the upper third of the stack has open outlooks that the lower floors do not, and the premium for clearing the surrounding low-rise is real. The second is outdoor space — the setback terraces are attached to a limited number of apartments and are priced as their own product. The third is condition and configuration, in a building where combination filings show that some of the smaller apartments have been reconfigured; confirm which filings were completed before comparing an apartment against them.
Against the neighborhood, the 80 percent financing ceiling matters as much as anything architectural. It puts this building in reach of a buyer profile that the more conservative prewar houses on Park and Fifth exclude, and pricing should be set against the buildings that share that policy posture rather than against the 50 percent-down cooperatives further west. Sellers should also expect the live façade program to come up in diligence, and should have the assessment position and the current mortgage maturity ready rather than discovered.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 20, 2026 | 2G | 1 BR · 1 BA | $525,000 | -4.4% | |
| Jun 29, 2026 | 11A | 2 BR · 2 BA | $1,480,000 | -0.7% | |
| Oct 14, 2025 | 11E | 2 BR · 2 BA · 1,300 sf | $1,340,000 | $1,031/sf | -7.6% |
| Jul 7, 2025 | 9G | 1 BR · 1 BA · 700 sf | $798,000 | $1,140/sf | -3.3% |
| Jun 5, 2025 | 6F | 1 BR · 1 BA | $885,000 | -6.8% | |
| Dec 9, 2024 | 5F | 1 BR · 1 BA | $775,000 | -8.8% | |
| Aug 1, 2024 | 8H | 1 BA | $393,000 | -6.2% | |
| Jul 1, 2024 | 12C | 2 BR · 2 BA | $1,100,000 | -10.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $896/sf (floor-adjusted) across 2 sales. The building has traded as recently as 2026. Median listing discount 4.0% 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.
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 1-01427-0018). 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.
Closed rents at 245 East 72nd Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $4,250 |
3 closed sublet leases, October 2023 to September 2026. Most recent lease February 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 245 East 72nd Street and nearby.
At the recent median sale of $842K (6 transfers in the past 24 months, since October 22, 2024), a buyer putting 25% down would pay about $11,706 to close, or 1.4% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,706
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Get the board's real requirements before you write the offer. Post-closing liquidity, debt-to-income, guarantors, co-purchase and trust ownership are the items that decide a board package, and none of them is published for this building. The 80 percent financing ceiling is the published number; the liquidity requirement behind it is not, and the second one is what turns down applications.
Budget for the façade cycle. A Local Law 11 scope of this size, running from 2024 into 2026 with sheds and suspended scaffolds, is a capital event. Ask what has been spent, what remains, how it is being funded, and whether an assessment is in place or contemplated.
Ask when the underlying mortgage matures. The current facility dates to December 2019 and its maturity is not public. A maturity landing inside your ownership horizon is a material fact.
Confirm the apartment still exists as drawn. Combinations have been filed steadily since 2021. Line letters and floor plans from older marketing material may no longer describe the physical apartment.
Check the tax line in the maintenance. The roll shows no J-51 or other building-wide exemption; confirm against the building's current tax bill, and use the maintenance's actual tax component as the baseline for a True Monthly Carrying Cost analysis.
What to know if you’re selling
Lead with the financing ceiling. Up to 80 percent financing in a 1930 Lenox Hill cooperative is a genuine competitive advantage and widens the buyer pool substantially. Say it early.
Lead with the architecture, correctly attributed. Emery Roth, built by Bing & Bing, 1930 — verifiable, and it is the strongest credential the building has. Do not lean on the Eastgate name; it belongs to the low-rise houses around the corner and a well-informed buyer will know that.
Height and terrace are the two premiums. Comparables should be drawn from the same band of the stack and the same outdoor-space category. Mixing a fifth-floor interior line with a seventeenth-floor terrace apartment produces a misleading price.
Have the capital story assembled. The façade program, the reserve position, any assessment and the underlying mortgage maturity will all be asked about. Assembling them in advance is worth more than any staging decision.
Confirm the flip tax in writing before you price. The September 2026 management-sourced panel reports a seller-paid tiered fee. Confirm its duration bands and calculation base in the current operative schedule before modeling net proceeds.
Comparable buildings
If you're considering 245 East 72nd Street, also evaluate:
- 215 East 72nd Street — 1929 boutique co-op on the same blockfront; same era, thirty units instead of 120
- 203 East 72nd Street (The Bayard House) — the postwar tower at the Third Avenue end of the same block; larger, later, and filed under a different address in city data
- 220 East 73rd Street (Eastgate) — the Bing & Bing / Emery Roth low-rise around the corner, converted the same year
- 230 East 73rd Street (Eastgate) — the 1936 member of the same enclave
- 200 East 74th Street — full-service Lenox Hill alternative two blocks north
- 255 East 74th Street (Casa 74) — the condominium alternative in the immediate area, for buyers weighing tenure
- 310 East 70th Street — comparable scale and service level south of the block
- 315 East 70th Street — full-service co-op alternative on the same corridor
- 212 East 70th Street — prewar Lenox Hill co-op comparison
- 201 East 74th Street (THE 74) — the amenitized new-construction comparison for buyers testing prewar against contemporary
More Upper East Side buildings
- The Eastmore (240 East 76th Street) — 1957 condop
- 241 East 76th Street — 1959 co-op
- 243 East 77th Street — 1910 co-op
- Astor Terrace (245 East 93rd Street) — 1985 condominium by Skidmore, Owings & Merrill
- 248 East 65th Street — 1961 condominium
- 249 East 62nd Street (The Treadwell) — 2021 condominium by SLCE Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com