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%Tribeca $1,941/sf 2%
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Cooperative · 1958
315 East 72nd Street
315 East 72nd Street, New York, NY 10021

315 East 72nd Street

315 East 72nd Street, New York, NY 10021

Lenox Hill, Upper East Side

BBL 1014470009 · BIN 1044878

At a glance
Year built
1958
Type
Cooperative
Units
219
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,123
Listing discount
2.1%
Recorded sales
221
On record
2003–2026

315 East 72nd Street is a late-1950s postwar cooperative in the heart of Lenox Hill, on the 72nd Street block between First and Second Avenues. It belongs to the substantial, well-run tier of postwar UES housing, but with two unusual strengths: a more architecturally considered base than the era's plainest towers — a two-story rusticated limestone surround leading to a handsome step-down lobby — and, for buyers, a notably owner-friendly governance posture.

The location places residents in the dense, amenity-rich center of the Upper East Side, with the restaurants and neighborhood retail of the 70s blocks at the door, the 6 train at 68th and 77th Streets, the Q at 72nd and Second, and the cultural anchors of Fifth Avenue and the park a short distance west. The building converted to cooperative ownership in 1985, leaving it with the deep unit count and operating scale of a purpose-built rental.

What sets 315 East 72nd apart from much of the postwar field is its rules. The cooperative carries no flip tax, permits washer/dryers in-unit, allows pied-à-terre and co-purchase arrangements, and permits subletting on a live-three, sublet-two basis — a combination of flexibility that is genuinely rare among UES co-ops and a real selling point for buyers and investors weighing long-term ownership.

Architecture and unit composition

The roughly 219 apartments span 20 stories in a postwar floor-plan vocabulary — efficient room divisions, practical kitchens and baths, and the larger windows of late-1950s construction. A subset of apartments carries balconies or terraces, an above-average feature for the era, and the building permits in-unit washer/dryers. The two-story limestone base and step-down lobby give the building a more finished street presence than many of its postwar contemporaries.

Higher floors capture longer cross-street and open views; layouts run from one-bedrooms through larger family configurations, with outdoor space and renovation status varying line to line.

Building operations

315 East 72nd Street operates as a full-service cooperative with a full-time doorman and concierge, a live-in superintendent, laundry on every floor, a common garden, a common roof deck, an on-site garage, rentable storage, and a bike room. Pets are welcome subject to board approval (the house rules permit up to three cats and two dogs for shareholders), and the building permits in-unit washer/dryers, pied-à-terre and co-purchase arrangements, and subletting after three years of residency.

The roughly 219-unit scale produces the operating stability characteristic of well-run postwar UES cooperatives, and the building's no-flip-tax, no-underlying-mortgage posture has historically supported a stable maintenance picture. Many shareholders here also qualify for the NYC Cooperative & Condominium Property Tax Abatement as primary residents.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
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 →

Management & transfer contacts

Managing agent
Sublet policy
Allowed (live 3 - rent 2)
Pied-à-terre
Allowed
Notable fees
App Processing $700 + $200/additional applicant; Credit Report $125/applicant; Sublet Fee $1,500 or 10% annual maintenance (greater); Transfer Agent Closing Fee $850 ($1,100 remote); Move-In/Out deposit $1,000 each
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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
Jun 22, 202617J
1 BR · 1 BA · 900 sf
$995,000$1,106/sf+0.0%
May 20, 20269H
3 BR · 2 BA · 1,800 sf
$2,375,000$1,319/sf+1.1%
Apr 20, 202616A
1 BA
$650,000+0.0%
Jan 5, 202616D
2 BR · 2 BA
$1,585,000+0.0%
Jul 10, 202516J
1 BR · 1 BA
$840,000-5.1%
Mar 27, 202520E
3 BR · 2 BA
$1,525,000-4.6%
Mar 14, 202512J
1 BR · 1 BA · 900 sf
$935,000$1,039/sf-1.6%
Jan 14, 202515M
1 BR · 1 BA
$840,000-4.0%

Market read. Most recent trades (2026) cleared a median $1,123/sf across 2 sales. 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.

17A+123%
$280,000 ($500/sf) 2004$625,000 2023
18E · 2,000 sf+106%
$1,700,000 ($850/sf) 2003$2,500,000 2007$3,500,000 ($1,750/sf) 2021
15L · 1,400 sf+96%
$850,000 ($607/sf) 2003$1,670,000 ($1,193/sf) 2013
21B · 1,600 sf+82%
$1,350,000 ($844/sf) 2011$2,460,000 ($1,538/sf) 2017
5A+74%
$390,000 2015$680,000 2024
View all 221 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 1-01447-0009) 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 governance is the differentiator. No flip tax, in-unit washer/dryers, pied-à-terre and co-purchase allowances, and a live-three/sublet-two policy make this one of the more flexible postwar co-ops in the neighborhood.

Outdoor space is a real feature. Balconies and terraces on a subset of lines, plus the common garden and roof deck, set this building apart from plainer postwar peers; confirm what a given apartment includes.

The location is central and convenient. Full-service operation in the heart of Lenox Hill, with the 6 and Q lines close by, at accessible pricing.

Pets are welcome. The house rules permit up to three cats and two dogs for shareholders.

What to know if you’re selling

Lead with the flexibility and the amenities. The no-flip-tax structure, sublet and pied-à-terre allowances, the finished limestone base and step-down lobby, the garden, roof deck, and garage are the marketing anchors.

Price against central-Lenox Hill postwar inventory. Comparable analysis should draw from the neighborhood's postwar cooperatives, with adjustments for floor, exposure, and outdoor space.

Closing timelines are co-op standard. Plan on roughly 6–8 weeks from contract signing to closing, with board approval the gating step.

Comparable buildings

If you're considering 315 East 72nd Street, also evaluate:

The neighborhood

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

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 315 East 72nd Street?

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 315 East 72nd Street 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.