Cooperative · 1924
264 Lexington Avenue
264 Lexington Avenue, New York, NY 10016
Buildings·Midtown East·Cooperative

264 Lexington Avenue

264 Lexington Avenue, New York, NY 10016

CorridorMidtown East
At a glance
Year built
1924
Type
Cooperative
Units
35
Floors
12
Landmark
No
Pets
Permitted
Subletting
Permitted on a case-by-case basis with board approval; confirm current terms at offer stage
Flip tax
Applicable per the proprietary lease; confirm the current rate and payer at offer stage
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

2BR median
$1000K
Recent range
$635K – $1.4M
Listing discount
1.6%
Recorded transfers
37

264 Lexington Avenue is a small, well-kept pre-war cooperative in the heart of Murray Hill — a 12-story brick building completed in 1924 and converted to cooperative ownership in 1980. With just 35 apartments, it is a genuinely boutique co-op, the kind of building where the shareholder body is small, the common areas are manageable, and carrying costs are shaped by a compact operating footprint rather than an amenity arms race.

The location is the everyday argument for the building. It sits between 35th and 36th Streets, a short walk from the 6 at 33rd Street and Grand Central's 4/5/6/7 lines, with Murray Hill's restaurants and services immediately at hand and Midtown's office core minutes away. It is a practical, quiet residential block — the version of Murray Hill that buyers who want pre-war character and central access, rather than a trophy address, look for.

The building's signature amenity is its planted roof deck, renovated with a grill and seating, framing open views to the Chrysler Building and the Empire State Building. For a 35-unit co-op, that is a meaningful shared asset.

Architecture and unit composition

The 35 residences distribute across 12 stories in a pre-war brick envelope, arranged on a boutique floor plate — historically a small number of apartments per landing, which gives units strong light and cross-exposure relative to larger post-war buildings. The unit mix runs from studios and one-bedrooms through larger layouts, with pre-war bones: beamed or higher ceilings in many lines, hardwood floors, and separated kitchens.

As with most pre-war co-ops, renovation quality varies apartment to apartment and is a primary driver of the pricing spread within the building. Buyers should read each apartment on its own condition, exposure, and floor rather than against a single building-wide number.

Building operations

264 Lexington Avenue is a boutique full-character co-op: a part-time doorman, a live-in superintendent, central laundry, basement resident storage, an elevator, and the planted roof deck. There is no gym and no on-site parking — expected for a 35-unit pre-war building of this vintage, where service is scaled to the small shareholder count and carrying costs benefit accordingly.

The co-op is pet-friendly and permits pieds-à-terre and subletting on a case-by-case basis with board approval. Financing has historically been limited to a conservative loan-to-value with a higher minimum down, and a flip tax applies under the proprietary lease. Buyers should confirm the current maximum financing, the flip-tax rate and payer, any assessments, the reserve position, and recent capital work during due diligence.

Recent sales

As a cooperative, 264 Lexington Avenue is read on a price-per-room basis. Many apartments trade without a published square footage, so per-room and per-estimated-room pricing is the more reliable comparison than dollars per square foot. Recent closings have run in the mid-hundreds of thousands to the low seven figures depending on size, floor, exposure, and renovation condition — with renovated, higher-floor, and light-filled apartments commanding the premium within the building.

Because the building is small, comparable sales are infrequent, and any single closing carries outsized weight in the apparent trend. Pricing is best read at the apartment level against genuinely comparable condition and floor. Specific recent figures should be confirmed against current recorded transfers at offer stage.

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricevs. Ask
Dec 11, 20254B
2 BR · 1 BA
$775,000-2.5%
Aug 13, 20251D
1 BR · 1 BA
$635,000+5.8%
May 7, 20256A
2 BR · 1 BA
$1,400,000-15.2%
Mar 12, 20251C
2 BR · 1 BA
$999,500-0.1%
Aug 21, 20236C
2 BR · 1 BA
$945,000-1.6%
Dec 5, 20227A
2 BR · 1 BA
$800,000-15.7%
May 4, 20224C
2 BR · 1 BA
$990,000+1.5%
Aug 6, 20218C
2 BR · 1 BA
$875,000-8.9%

Market read. $/sf is measured on the latest sales with reliable square footage (2017): a median $788/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.8% 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.

6A+115%
$651,500 2008$1,400,000 2025
9BC+44%
$1,425,000 ($891/sf) 2006$2,050,000 2020
3A+22%
$980,000 2014$1,200,000 2026
11BC+18%
$1,675,000 2008$1,625,000 2011$1,970,000 2016
8C+17%
$750,000 ($811/sf) 2008$875,000 2021

Other recent transfers

DateUnitPrice
Apr 13, 20263A$1,200,000
Jan 10, 202411A$750,000
Jun 28, 202310A$1,110,000
Jul 28, 201410A$902,500
Apr 11, 200811BC$1,675,000
Jan 15, 20086A$651,500
View all 37 recorded transfers, sortable

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 1-00891-0023) 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

This is a boutique co-op — value the scale. Thirty-five apartments means a small shareholder body, manageable common charges, and a genuinely residential feel. Weigh that against the trade-off of limited staffing and no gym or parking.

Understand the co-op economics. Financing has historically been conservative with a higher minimum down; a flip tax applies. Model the full carry and confirm the current financing threshold, flip-tax rate, and any assessments.

Condition drives price. Renovation quality is a primary variable in a pre-war building. Inspect kitchens, baths, and mechanicals and price against comparable condition and floor.

The roof deck is a real amenity. For a building this size, the planted roof deck with skyline views is a differentiator. Confirm access rules and any usage policies.

Board approval applies. As a cooperative, purchases require board approval. Prepare a complete, well-documented board package.

What to know if you’re selling

Lead with the pre-war character and the roof deck. The 1924 bones, the boutique scale, and the skyline roof deck are the differentiators against larger, more generic post-war stock nearby.

Presentation matters. Because condition drives the pricing spread, staging and preparation materially affect outcome.

Price per room against the right comps. Comparable analysis should weight floor, exposure, and condition, and account for the building's small sample of recent sales.

Comparable buildings

If you're considering 264 Lexington Avenue, also evaluate the broader Midtown East and Murray Hill cooperative market — pre-war and post-war co-ops of similar boutique scale, where floor, exposure, and renovation condition drive apartment-level pricing more than any building-wide average.

The Roebling Team at 264 Lexington Avenue

The Roebling Team at Compass specializes in the Murray Hill, Midtown East, and broader pre-war cooperative market. We publish this building profile because cooperative buyers and sellers deserve building-specific intelligence — architecture, board policy, and apartment-level pricing reality — not generic market commentary.

If you're considering a purchase or sale at 264 Lexington Avenue, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, due diligence priorities, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.

Considering a move at 264 Lexington Avenue?

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