- Year built
- 1962
- Type
- Cooperative
- Units
- 263
- Floors
- 19
- Landmark
- No
- Pets
- Pets permitted
- Financing
- Up to 75% permitted
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $680K
- Recent range
- $480K – $2.7M
- Listing discount
- 3.1%
- Recorded transfers
- 284
267 Third Avenue — Quaker Ridge — is a 19-story postwar cooperative on the northeast corner of Third Avenue and East 21st Street, built in 1962 and converted to cooperative ownership in 1982. It is a full-service corner building of roughly 263 apartments at the northern edge of Gramercy, the kind of dependable mid-century co-op that anchors the neighborhood's everyday inventory rather than its trophy stock.
For buyers, the case is practical. Quaker Ridge offers a full-service address — doorman, porter, live-in superintendent, and an attached parking garage — at the accessible end of the Gramercy co-op market, on a corner that puts both Gramercy Park and the Flatiron-Madison Square axis within an easy walk. Across a building of this size, apartments turn over regularly, giving buyers real entry points and sellers genuine liquidity.
The trade-offs are the ones common to the postwar co-op category, and they are worth knowing going in: this is a board-governed cooperative with a financing cap, a pied-à-terre prohibition, and a restricted sublet policy. Those rules shape both who qualifies and how an apartment is positioned at resale.
Architecture and unit composition
Quaker Ridge is a 19-story light-brick tower in the restrained postwar idiom of the early 1960s — efficient, full-height, and built for service rather than ornament. The corner siting at Third Avenue and East 21st Street gives the upper floors open exposures in two directions and the longer light that the mid-block stock nearby cannot match.
The unit mix runs from studios through three-bedrooms, with the larger and higher-floor apartments carrying the premium. As with most buildings of the era and size, floor, exposure, and renovation state are the primary value drivers — the corner lines and the higher floors capture the best light and the longest views toward Gramercy and the Midtown skyline.
Building operations
Quaker Ridge operates as a full-service postwar cooperative under Quaker Ridge Cooperative Corp. A full-time doorman staffs the lobby, with a porter and a live-in superintendent on site. The building offers on-site laundry, storage, bike storage, and an attached residents' parking garage — a meaningful amenity in this part of Gramercy.
The board's policies are typical of the postwar co-op category. Financing is permitted up to 75%. Pets are permitted. Pieds-à-terre are not permitted — the building is owner-occupancy oriented. Subletting is permitted on a restricted basis after an initial owner-occupancy period and subject to board approval. The board reviews financials and the purchase application in the standard co-op manner; the precise sublet terms and any flip tax are confirmed with the managing agent during contract review.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $101,019/yr
- Per unit / month range
- $0 – $32
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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
Because Quaker Ridge spans roughly 263 apartments, turnover is regular and the building offers a useful run of comparables across the studio-through-three-bedroom mix. Pricing tracks the full-service postwar Gramercy co-op market: co-op value here is best read on a price-per-room basis against comparable lines in the building and the surrounding postwar stock, with floor, exposure, and renovation state the decisive variables. The corner exposures and higher floors command the premium; lower and interior lines trade at the building's accessible end. The full-service staffing and attached garage tend to broaden the buyer pool; the pied-à-terre prohibition and financing cap narrow it, and both belong in any pricing read.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 10, 2026 | 8P | 1 BR · 1 BA · 900 sf | $895,000 | $994/sf | +0.0% |
| Jun 18, 2026 | 7A | 1 BR · 1 BA | $720,000 | -7.1% | |
| Jun 15, 2026 | 4M | 1 BR · 1 BA | $650,000 | +0.0% | |
| Jun 5, 2026 | 12M | 1 BR · 1 BA | $580,000 | -4.9% | |
| May 2, 2026 | 10H | 1 BR · 1 BA · 550 sf | $585,000 | $1,064/sf | -1.7% |
| Apr 8, 2026 | 7S | 2 BR · 2 BA · 1,326 sf | $1,670,000 | $1,259/sf | -1.8% |
| Mar 24, 2026 | 15G | 1 BR · 1 BA | $595,000 | +0.0% | |
| Nov 13, 2025 | 15C | 1 BR · 1 BA | $842,500 | -3.7% |
Market read. Most recent trades (2026) cleared a median $1,150/sf across 3 sales. Median listing discount 1.6% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jul 10, 2017 | 16C | $1,295,000 |
| Jun 2, 2017 | 4L | $550,000 |
| Dec 10, 2009 | 14D | $440,000 |
| Dec 9, 2009 | 14EF | $995,000 |
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 1-00902-0001) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
The full-service-at-an-accessible-price case is the core. Quaker Ridge delivers doorman service, a live-in super, and an attached parking garage at the accessible end of the Gramercy co-op market — a practical package on a well-located corner.
Understand the board posture. This is an owner-occupancy cooperative: financing is capped at 75%, pieds-à-terre are not permitted, and subletting is restricted. Confirm the current terms with the managing agent before you commit.
Floor and exposure drive value. The corner lines and upper floors carry the light, the views, and the premium; lower and interior apartments trade for the building's entry pricing.
Confirm the specifics during contract review. Pets are permitted and a parking garage is on site, but verify the pet rules, the exact sublet policy, and any flip tax with the managing agent.
What to know if you’re selling
Lead with the service and the corner. Full-time doorman service, a live-in super, the attached garage, and the corner light are the rational hooks that widen the qualified-buyer field in this price tier.
Position each apartment on exposure and condition. Higher-floor corner homes should be benchmarked against the best comparable lines in the building and the surrounding Gramercy co-op stock; renovated kitchens and baths command clear premiums.
Set expectations on the board process. The financing cap and sublet restrictions shape the buyer pool; pricing and marketing should account for them. Closing timelines are co-op standard — six to ten weeks from contract, with board approval the gating step.
Comparable buildings
If you're weighing 267 Third Avenue, these nearby Gramercy co-ops and condos make a useful comparison set:
- 205 Third Avenue — a Gramercy/Union Square apartment building a few blocks south
- 280 Third Avenue — a Gramercy co-op one block north on the avenue
- 230 East 20th Street — a Gramercy building just off Third Avenue
- 200 East 21st Street — a Gramercy co-op a half-block east
- 234 East 23rd Street — a new-construction Gramercy condominium nearby for the co-op-versus-condo comparison
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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.
Considering a move at Quaker Ridge?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Quaker Ridge 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.