Cooperative · 1944
3 East 71st Street
3 East 71st Street, New York, NY 10021
Buildings·Cooperative

3 East 71st Street

3 East 71st Street, New York, NY 10021

At a glance
Year built
1944
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.

2BR median
$1.6M
Recent range
$1.1M – $1.8M
Listing discount
-1.3%
Recorded transfers
55

3 East 71st Street occupies one of the most cultured corners of Lenox Hill — a mid-1940s Emery Roth cooperative directly across the street from the Frick Collection and a half-block from Central Park and Fifth Avenue. Roth, the architect behind a remarkable share of New York's finest apartment houses, designed it in the transitional moment between prewar and postwar construction, and the building carries the best of both: prewar-quality scale and detail in a slightly cleaner, mid-century envelope.

The appeal is location and bones. Upper floors look out over the Frick's formal gardens, Central Park, and the Midtown skyline; the apartments are large and well-proportioned, many with wood-burning fireplaces; and the building's policy posture is unusually accommodating for the avenue. For the buyer who wants an Emery Roth co-op steps from the Park and the museums — with pied-à-terre flexibility and financing latitude — 3 East 71st is a standout.

Architecture and unit composition

Roth gave 3 East 71st a dignified two-story limestone base with a pink-granite entrance surround, set beneath a warm beige-brick shaft — a facade that bridges prewar gravity and postwar economy. The 13-story building reads as a refined Lenox Hill apartment house, scaled to its blue-chip block between Fifth and Madison.

The roughly 46 apartments offer a variety of configurations, including impressive duplex residences. Many homes carry wood-burning fireplaces, high ceilings, and the generous, well-zoned layouts that define a Roth building. The upper floors are the prizes, with sweeping outlooks over the Frick's gardens, Central Park to the west, and the skyline to the south — views protected, in part, by the low-rise institutional and townhouse context immediately around the building.

Building operations

3 East 71st is a full-service cooperative. A 24-hour doorman covers the lobby, and a live-in resident manager runs the building with porter support. For a building of this vintage, the amenity set is generous: a fitness center, a central laundry room, bike storage, and private storage units.

The board's policy posture is notably welcoming for prime Lenox Hill. The cooperative permits pied-à-terre purchases, allows pets, and accommodates diplomatic buyers. Financing is permitted, generally in the 40–50% range with board approval, and a 4% flip tax is collected on resale and is paid by the purchaser. Those terms — pied-à-terre and diplomatic flexibility opposite the Frick — distinguish 3 East 71st from the more restrictive Fifth Avenue houses a block away, while the board maintains the standards the address commands.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$3,350/yr
Per unit / month range
$0 – $6
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
SWARMP
2030–35
Due
Next report due
by Feb 2032
On record
$2,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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
Jan 14, 202610/11B
3 BR · 2.5 BA
$5,088,000-4.9%
Dec 22, 20252E
2 BR · 2 BA
$1,100,000+15.8%
Apr 30, 20259E
2 BR · 2 BA
$1,520,000+1.3%
Feb 19, 202511/12A
4 BR · 3.5 BA · 2,940 sf
$6,125,000$2,083/sf+11.5%
Jul 24, 202310D
2 BR · 2 BA
$1,712,500-4.6%
Sep 7, 20222D
2 BR · 2 BA · 1,200 sf
$1,795,000$1,496/sfoff-mkt
Feb 14, 20224D
2 BR · 2 BA · 1,200 sf
$1,085,000$904/sf-1.4%
Oct 7, 20219D
2 BR · 2 BA
$1,100,000-2.2%

Market read. Most recent trades (2022) cleared a median $1,496/sf across 2 sales. Median listing discount 8.7% 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.

10D · 1,100 sf+96%
$872,500 ($793/sf) 2009$1,712,500 ($1,557/sf) 2023
9A · 1,675 sf+88%
$1,650,000 ($985/sf) 2004$1,900,000 ($1,134/sf) 2010$3,100,000 ($1,851/sf) 2015
2D · 1,200 sf+80%
$999,000 ($833/sf) 2004$1,795,000 ($1,496/sf) 2022
11/12C+57%
$2,450,000 2008$3,495,000 2012$3,850,000 2026
2A+52%
$1,150,000 2007$1,750,000 2017

Other recent transfers

DateUnitPrice
Mar 31, 202611/12C$3,850,000
Dec 10, 20254E$1,100,000
Oct 9, 202412D$1,799,000
Jan 18, 20236E$1,650,000
Nov 8, 202210B/11B$4,350,000
Jun 5, 20198A$2,800,000
View all 55 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 1-01386-0006) 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 board process is real — a full package, financials, references, and an interview — but the terms are accommodating: pied-à-terre and diplomatic purchases are permitted, pets are allowed, and financing up to roughly 50% is available with board approval. Budget the 4% buyer-paid flip tax into your underwriting; it is higher than the 1–2% common elsewhere and materially affects total cost. Evaluate apartments for view (the Frick-and-Park outlook on the upper floors is the building's signature), fireplace, and layout. The location — across from the Frick, a half-block from Central Park and Fifth Avenue, near the 6 at 68th Street and the Q at 72nd — is permanent value.

What to know if you’re selling

3 East 71st sells on its address and its flexibility: an Emery Roth co-op opposite the Frick and steps from the Park, with pied-à-terre and diplomatic rules that broaden the buyer pool relative to the cash-only houses nearby. The Frick-and-Central-Park view, a working wood-burning fireplace, high floor, and duplex configuration are the differentiators that set a strong price within the building. Sellers should account for the 4% flip tax in their net-proceeds analysis. Because turnover is thin, price to the building's own most recent comparable and to the peer prime-Lenox-Hill co-ops nearby. We market each home to the qualified, internationally-minded buyer this building attracts.

Comparable buildings

If you're considering 3 East 71st Street, these nearby Lenox Hill and Fifth Avenue cooperatives are the natural comparison set:

The Roebling Team at 3 East 71st Street

The Roebling Team at Compass specializes in Lenox Hill, the broader Upper East Side, and the cooperative market along Fifth Avenue and Park Avenue. We publish this profile because buyers and sellers at a building like 3 East 71st deserve building-specific intelligence — the pied-à-terre and financing terms, the 4% flip tax, the Frick-and-Park views, and where each line sits against the prime-Lenox-Hill comparable set.

If you're weighing a purchase or sale at 3 East 71st Street, a 30-minute consultation is the right starting point.

Considering a move at 3 East 71st Street?

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Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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