Cooperative · 1938
Lindley House
296 Lexington Avenue, New York, NY 10016
Buildings·Gramercy·Cooperative

296 Lexington Avenue

296 Lexington Avenue, New York, NY 10016

CorridorGramercy
At a glance
Year built
1938
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2004–2026

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

1BR median
$650K
Recent range
$515K – $785K
Listing discount
2.5%
Recorded transfers
35

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.

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%
Sep 5, 202511C
1 BR · 1 BA
$785,000-1.9%
Oct 22, 20245E
1 BR · 1 BA · 850 sf
$650,000$765/sf-1.5%
Oct 17, 20234E
1 BR · 1 BA · 850 sf
$515,000$606/sfoff-mkt
Aug 3, 202311E
1 BR · 1 BA
$651,257-10.2%
Jul 29, 202210G
5 BR · 1 BA
$500,000-9.1%
Jun 2, 20223C
1 BR · 1 BA · 850 sf
$730,000$859/sf-2.7%
May 19, 202210C
1 BR · 1 BA
$760,000-4.9%

Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $765/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.0% 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.

PHA+51%
$725,000 2004$960,000 2013$1,095,000 2017
11C+45%
$542,500 2011$887,500 2019$785,000 2025
10C+38%
$550,000 2004$760,000 2022
15E · 800 sf+20%
$560,000 ($700/sf) 2006$671,500 ($839/sf) 2008
11E+12%
$580,000 2005$690,000 2010$651,257 2023

Other recent transfers

DateUnitPrice
Aug 16, 2017PHA$1,095,000
Sep 8, 20168C$630,000
Feb 26, 20153C$650,000
Oct 11, 2013PHA$960,000
Mar 29, 20096C$675,000
Oct 31, 20079A$500,000
View all 35 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 Roebling Team at Lindley House

The Roebling Team at Compass specializes in Murray Hill, Gramercy, Midtown East, and the broader East Side market. We publish this profile because buyers and sellers evaluating a pre-war Murray Hill cooperative deserve building-specific intelligence — the architecture, the service package, the board posture, and how line, floor, and exposure drive value within the building.

If you're considering a purchase or sale at Lindley House, a 30-minute consultation is the right starting point.

The neighborhood

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

Considering a move at Lindley House?

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