Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West Village $2,411/sf 6%
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Cooperative · 1938
Lindley House
296 Lexington Avenue, New York, NY 10016
Buildings·Gramercy·Cooperative

296 Lexington Avenue

296 Lexington Avenue, New York, NY 10016

Murray Hill

BBL 1008930017 · BIN 1019088

CorridorGramercy
At a glance
Year built
1938
Type
Cooperative
Landmark
No
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.

Studio median
$377K
Recent range
$340K – $785K
Listing discount
2.6%
Recorded transfers
108

Lindley House is a pre-war cooperative on the northwest corner of Lexington Avenue and East 37th Street, in the center of Murray Hill. Completed in 1938 and converted to a co-op in 1983, it carries the address 296 Lexington Avenue and, at its side entrance, 123 East 37th Street. The corner site is the building's defining feature: it gives the apartments a second exposure and the light and cross-ventilation that a mid-block building on the same avenue cannot match.

For a buyer, Lindley House is a well-located pre-war co-op with genuine 24-hour service — a full-time doorman, a live-in super, and a roof deck with open city views — at the relative value a cooperative offers against a comparable condominium. It is a steady, established building in a central location, the kind of co-op people buy into and stay.

Architecture and unit composition

The building is a dignified 15-story pre-war apartment house in red brick, articulated with a canopied entrance and horizontal bandcourses at the third, thirteenth, and fifteenth floors that give the façade its period rhythm. It reads as a solid Murray Hill neighbor of its era rather than an ornamented landmark, and the corner massing at Lexington and 37th gives it a stronger street presence than the mid-block buildings around it.

The residences range from studios through one- and two-bedroom layouts, many with the beamed or high ceilings, hardwood floors, and closet space typical of a quality late-1930s building. The corner site is the on-site differentiator: corner and Lexington-facing lines draw a second exposure and stronger light, and upper-floor homes take in open outlooks over Murray Hill, with skyline glimpses toward the Chrysler and Empire State Buildings from the right exposures. The co-op holds 94 apartments among its roughly 97 total units.

Building operations

Lindley House runs as a full-service pre-war cooperative — a 24-hour doorman, a live-in resident manager, central laundry, resident storage, and a roof deck with city views. The round-the-clock staffing and the roof deck are a deeper service package than many co-ops of its size and vintage carry, and they are part of why the building holds its standing in the neighborhood. As a cooperative, purchases are subject to board review and the building's financing and residency policies, which follow the pattern expected of an established Murray Hill co-op.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$1,112/yr
Per unit / month range
$0 – $1
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

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.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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.

DateUnitApartmentPricePPSFvs. Ask
Apr 10, 202610E
1 BR · 1 BA
$630,000-3.1%
Apr 8, 20268G
1 BA
$360,000-1.4%
Jan 9, 20266B
1 BA
$378,000-5.0%
Sep 5, 202511C
1 BR · 1 BA
$785,000-1.9%
Jun 25, 20251B
1 BA · 535 sf
$467,500$874/sf-6.3%
Oct 23, 20247B
1 BA
$375,000-3.8%
Oct 22, 20245E
1 BR · 1 BA · 850 sf
$650,000$765/sf-1.5%
Oct 2, 20247D
1 BA
$385,000-1.3%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $885/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.1% 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.

11A+77%
$235,000 2003$544,000 2007$415,000 2022
7A · 575 sf+57%
$286,600 ($498/sf) 2004$450,000 ($783/sf) 2008
10G+56%
$320,000 2005$535,000 ($973/sf) 2016$500,000 2022
3B+56%
$205,000 2004$320,000 2013
PHA+51%
$725,000 2004$960,000 2013$1,095,000 2017

Other recent transfers

DateUnitPrice
Mar 15, 20249F$360,000
Jun 20, 200311A$235,000
View all 108 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 1-00893-0017) 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 a purchase runs through a board package and interview, and the building maintains the financing and residency policies typical of an established Murray Hill co-op. Buyers should plan for a primary-residence purchase and a standard board process. What you get in return is genuine 24-hour service, a roof deck, and a corner pre-war layout, at the relative value a co-op offers.

The most important on-site distinctions are line, floor, and exposure: the corner and high-floor homes with a second exposure and strong light are the ones that hold value best. The location is central Murray Hill — the Lexington and 37th corner, steps from Park and Third, with Grand Central, the 6 train, and cross-town service all close at hand. Comparable analysis belongs against Murray Hill's pre-war and full-service cooperatives.

What to know if you’re selling

The corner site and full-service operation are the marketing core. A 24-hour doorman pre-war co-op with a roof deck on a prominent Lexington corner is an easy story to tell, and the corner light does real work in a sale.

Benchmark within the building and against Murray Hill pre-war co-ops. Recent in-building sales are the first reference point; line, floor, light, exposure, and renovation status determine where a unit lands.

Corner exposure, light, and views are the on-site differentiators. Corner and high-floor homes with a second exposure and skyline glimpses should anchor positioning; the roof deck is an amenity worth foregrounding.

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 Lindley House, also evaluate nearby Murray Hill cooperatives:

The neighborhood

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

Preparing a board package for this building?

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 Lindley House?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Lindley House 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.