308 East 72nd Street (The Knickerbocker)
308 East 72nd Street, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1014467502 · BIN 1085184
- Year built
- 1996
- Type
- Condominium
- Units
- 75
- Floors
- 22
- Landmark
- No
- Pets
- Cats and dogs permitted with board approval
Every recorded sale at this building, 2003–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,464
- Listing discount
- 4.9%
- Recorded sales
- 80
- On record
- 2003–2025
The Knickerbocker is a 1996 full-service condominium built to deliver prewar-caliber white-glove service in a modern building envelope — a 22-story red-brick tower on a mid-block Lenox Hill stretch between First and Second Avenues. It was developed by the Jack Parker organization and designed by Schuman Lichtenstein Claman & Efron, a firm responsible for a large share of the Upper East Side's postwar residential inventory.
What distinguishes it from the neighborhood's older cooperative stock is the combination of condominium ownership flexibility with a service culture modeled on the prewar full-service house. The building maintains a staffed lobby, a paneled library where continental breakfast and afternoon tea are served, a children's playroom, and a fitness room. For buyers who want the looser resale, financing, and subletting rules of a condominium without giving up doorman-and-concierge service, the Knickerbocker is a straightforward fit on a quiet residential block.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $68,385/yr
- Per unit / month range
- $0 – $76
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 →Management & transfer contacts
- Sublet policy
- Allowed subject to board approval; short-term/AirBnB not allowed
- Pied-à-terre
- Allowed; secondary residence allowed
- Notable fees
- Buyer processing $1,000; condominium fee $1,500; credit/background $150/applicant; working capital 1% of purchase price; move-in/out deposits $1,000; max financing 100%; guarantors not allowed; Spectrum bulk $80.33/mo
Recent sales
The Knickerbocker trades on a price-per-square-foot basis, as condominiums do. Value at this address reflects the building's full-service operation, its 1996 construction with central air and in-unit laundry potential, and its quieter mid-block position east of the main avenues. As a condominium, it draws buyers who prioritize financing flexibility, resale liquidity, and the ability to sublet — factors that generally support pricing relative to comparable-quality cooperative product nearby.
Specific unit pricing turns on floor, exposure, layout, terrace access, and renovation condition. Because per-square-foot figures vary meaningfully across lines and over time, buyers and sellers should ground expectations in current, unit-specific comparables rather than building-wide averages.
Recent closings 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 |
|---|---|---|---|---|---|
| Jul 10, 2025 | 11D | 4 BR · 4.5 BA · 2,575 sf | $4,875,000 | $1,893/sf | -0.3% |
| Jun 10, 2025 | 9B | 2 BR · 2.5 BA · 1,482 sf | $1,875,000 | $1,265/sf | -16.7% |
| Oct 4, 2024 | 12A | 1,665 sf | $2,450,000 | $1,471/sf | off-mkt |
| Aug 13, 2024 | 4E | 1 BR · 1.5 BA · 916 sf | $940,000 | $1,026/sf | -6.0% |
| May 1, 2024 | 16D | 4 BR · 2,575 sf | $4,300,000 | $1,670/sf | off-mkt |
| Mar 4, 2024 | 14CD | 4 BR · 5.5 BA · 4,005 sf | $4,900,000 | $1,223/sf | -10.8% |
| Nov 9, 2023 | 18C | 2 BR · 2.5 BA · 1,412 sf | $2,200,000 | $1,558/sf | -4.3% |
| Mar 9, 2023 | 20C | 2 BR · 1,412 sf | $1,800,000 | $1,275/sf | off-mkt |
Market read. Most recent trades (2025) cleared a median $1,464/sf across 2 sales. Median listing discount 4.9% 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.
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 1-01446-7502) 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 from recorded condo declarations and offering plans.
What to know if you’re buying
- Condominium flexibility with full service. You get doorman-and-concierge staffing alongside the financing, resale, and subletting latitude of a condo.
- Financing is accommodating. The building permits high loan-to-value financing subject to board approval — an advantage over the typical prewar co-op cap.
- Pets are welcome. Cats and dogs are permitted with board approval; confirm any weight or number limits at application.
- Modern systems. Central air throughout, and in-unit washer/dryers where engineer-approved — comforts the older housing stock often lacks.
- Confirm parking. Sources conflict on whether a garage is currently available at the building; verify parking arrangements directly at offer stage.
What to know if you’re selling
- Lead with service and flexibility. The full-time doorman, concierge, and library amenity distinguish the Knickerbocker from bare-bones postwar condos.
- Position against co-op alternatives. For buyers weighing nearby cooperatives, emphasize the financing and subletting latitude a condo provides.
- Renovation condition drives spread. Updated kitchens, baths, and in-unit laundry command a premium; stage and document accordingly.
- Know your comparables. Price to current per-square-foot trades in the building and immediate blocks, not to stale averages.
Comparable buildings
- 188 East 76th Street — 1990s full-service Lenox Hill condominium; nearby peer
- 310 East 70th Street — nearby Lenox Hill peer
- 1440 Second Avenue — nearby Upper East Side peer
- 404 East 66th Street — nearby Upper East Side peer
- 180 East 79th Street — nearby Lenox Hill peer
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
Considering a move at The Knickerbocker?
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 The Knickerbocker 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.