296 Lexington Avenue
296 Lexington Avenue, New York, NY 10016
BBL 1008930017 · BIN 1019088
- Year built
- 1938
- Type
- Cooperative
- Landmark
- No
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
- 2.3%
- Recorded transfers
- 110
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.
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $1,112/yr
- Per unit / month range
- $0 – $1
- Modeled exposure split equally across 94 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →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.
How to read this, and where it comes from
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. City record last verified September 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 28, 2026 | 9D | 1 BR · 1 BA · 550 sf | $355,000 | $645/sf | -10.1% |
| Jul 23, 2026 | 3C | 1 BR · 1 BA · 850 sf | $750,000 | $882/sf | -2.0% |
| Apr 10, 2026 | 10E | 1 BR · 1 BA | $630,000 | -3.1% | |
| Apr 8, 2026 | 8G | 1 BA | $360,000 | -1.4% | |
| Jan 9, 2026 | 6B | 1 BA | $378,000 | -5.0% | |
| Sep 5, 2025 | 11C | 1 BR · 1 BA | $785,000 | -1.9% | |
| Jun 25, 2025 | 1B | 1 BA · 535 sf | $467,500 | $874/sf | -6.3% |
| Oct 23, 2024 | 7B | 1 BA | $375,000 | -3.8% |
Market read. Most recent trades (2026) cleared a median $782/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Mar 15, 2024 | 9F | $360,000 |
| Jun 20, 2003 | 11A | $235,000 |
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 1-00893-0017). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
At the recent median sale of $468K (10 transfers since 2024), a buyer putting 25% down would pay about $10,303 to close, or 2.2% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,303
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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:
- 273 Lexington Avenue — The Carlton Regency, a full-service Murray Hill co-op
- 325 Lexington Avenue — Lexington Avenue full-service building
- 302 Lexington Avenue — Lexington Avenue building
- 160 East 38th Street — Murray Hill Mews, a full-service co-op
- 132 East 35th Street — Murray Hill House, a post-war co-op
More Murray Hill buildings
- 211 Madison Avenue — 1985 condominium
- 271 Lexington Avenue — 1924 co-op by George F. Pelham
- 273 Lexington Avenue — 1966 co-op
- 301 East 40th Street (The Hamilton) — 1963 co-op by Philip Birnbaum & Associates
- 312 East 42nd Street (Woodstock Tower) — 1929 co-op
- 35 East 38th Street (Murray Hill) — 1961 condominium by Sylvan Bien
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Murray Hill.
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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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