271 Lexington Avenue
271 Lexington Avenue, New York, NY 10016
Murray Hill
BBL 1008910066 · BIN 1018924
- Year built
- 1924
- Type
- Cooperative
- Landmark
- No
- Pets
- Pets welcome
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $490K
- Recent range
- $250K – $1.4M
- Listing discount
- 3.6%
- Recorded transfers
- 83
271 Lexington Avenue is the avenue address of the pre-war cooperative better known as 136 East 36th Street — a 1924 brick apartment house on the southeast corner of Lexington and 36th, converted from rental to co-op in 1978. It is a separate building from The Carlton Regency across 36th Street to the north; the two face each other, but 136 East 36th is a smaller, older, twelve-story pre-war house, not part of that later full-block complex. For decades it has been a steady, well-run Murray Hill co-op, the kind of quiet corner building that trades on light, proportion, and a good address rather than on a marketed name.
For a buyer, 136 East 36th Street is the pre-war cooperative done straightforwardly: a full-time doorman, a live-in resident manager, roughly nine-foot ceilings, hardwood floors, and the moldings and layouts of a quality 1920s house, in a central Murray Hill location, at the relative value a pre-war co-op offers against a comparable condominium. Its flexible financing — the building has historically permitted purchases with as little as ten percent down — widens the buyer pool relative to stricter co-ops.
Architecture and unit composition
The building is a confident 1924 pre-war house in brick, twelve stories on the corner of Lexington and 36th, with the generous proportions and traditional detailing of its era. Public records attribute the design to George F. Pelham, a prolific architect of New York apartment houses in the 1910s through 1930s. It does not carry ornate landmark ornament; its appeal is the pre-war fundamentals — ceiling height, light on a corner, inlaid hardwood floors, crown moldings, and the sturdy massing of a 1920s building.
The residences skew toward studios and one-bedrooms, with some larger and combined apartments among the mix; many carry the windowed kitchens, real closets, and gracious room proportions typical of the vintage. As with any pre-war house, floor and exposure drive the experience: higher floors and the Lexington- and 36th-facing lines take more light, while lower and rear units trade at a discount. The corner site gives the better lines cross-exposure and a sense of openness uncommon in a mid-block building.
Building operations
136 East 36th Street runs as a full-service, high-touch cooperative — a 24-hour doorman, a live-in resident manager, an on-site handyman, elevators, a roof deck, central laundry, resident storage, and a bike room. Pets are welcome. It does not have an in-building gym or pool; the amenity set is the practical, well-staffed package of a good pre-war house rather than a modern amenity tower, and the full-time staffing is a core part of why the building holds its standing. As a cooperative, purchases are subject to board review and the building's financing and residency policies; the building has historically allowed a relatively flexible down payment, which broadens the pool of qualified buyers.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $13,857/yr
- Per unit / month range
- $0 – $16
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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
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 |
|---|---|---|---|---|---|
| Mar 19, 2026 | 8DE | 2 BR · 1 BA · 1,000 sf | $725,000 | $725/sf | +0.0% |
| Mar 4, 2026 | 4A | 2 BR · 1 BA | $890,000 | -3.1% | |
| Nov 13, 2025 | 2F | 1 BR · 1 BA | $490,000 | +5.4% | |
| Sep 3, 2025 | 7G | 1 BR · 1 BA | $560,000 | +1.8% | |
| Jun 9, 2025 | 2C | 1 BR · 1 BA · 800 sf | $520,000 | $650/sf | -2.8% |
| Mar 19, 2025 | 8B | 4 BR · 2 BA | $1,350,000 | -6.8% | |
| Jan 31, 2025 | 3G | 1 BR · 1 BA | $535,000 | -10.1% | |
| Dec 19, 2024 | 3D | 1 BR · 1 BA | $450,000 | -10.0% |
Market read. Most recent trades (2026) cleared a median $719/sf across 1 sale. Median listing discount 4.7% 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 |
|---|---|---|
| Feb 1, 2006 | 2F | $130,000 |
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 1-00891-0066) 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
This is a cooperative, so plan for a board process. A purchase runs through a board package and interview, and the building maintains financing and residency policies typical of a full-service Murray Hill co-op — though its historically flexible down-payment posture (as little as ten percent down) is friendlier than many pre-war houses. Plan for a primary-residence purchase and a standard board review.
Know the building's true identity. Listings and records index this building under 136 East 36th Street, not 271 Lexington — so an address-only search on the avenue can turn up empty. It is one building with three addresses, distinct from The Carlton Regency across the street.
Floor, light, and exposure are the on-site distinctions. The corner site rewards the higher and better-exposed lines; those are the homes that hold value best. Benchmark against Murray Hill's full-service pre-war cooperatives.
The location is central Murray Hill. Steps from Park Avenue and the Morgan Library, with the 6 train at 33rd Street, Grand Central and the 4/5/7 a short walk away, and cross-town options close by. Quiet, residential, pre-war character.
What to know if you’re selling
Lead with pre-war fundamentals and the corner. A 1924 full-service co-op on a corner, with light, ceiling height, and a central Murray Hill address, is an easy story to tell; the building's steadiness does real work in a sale.
Benchmark within the building and against Murray Hill pre-war co-ops. With ample in-building turnover, recent comparable sales here are the first reference point; floor, light, exposure, and renovation status determine where a unit lands, on a price-per-room basis.
Flexible financing widens the buyer pool. The building's historically lenient down-payment policy is a genuine selling point — foreground it, as it brings more qualified buyers to the table than stricter pre-war houses.
Prepare the board package early. A clean, complete package and a well-qualified, primary-residence buyer move a co-op sale through the board efficiently — we manage that process end to end.
Comparable buildings
If you're considering 271 Lexington Avenue, also evaluate nearby Murray Hill cooperatives:
- 273 Lexington Avenue — The Carlton Regency, the full-block co-op directly across East 36th Street
- 144 East 36th Street — a 1916 Murray Hill pre-war co-op
- 160 East 38th Street — Murray Hill Mews, a full-service co-op
- 222 East 35th Street — The Gregory House, a 59-unit 1942 co-op
- 325 Lexington Avenue — Lexington Avenue full-service building
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 271 Lexington Avenue?
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 271 Lexington Avenue 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.