406 East 63rd Street
406 East 63rd Street, New York, NY 10065
BBL 1014570044 · BIN 1045316
- Year built
- 1960
- Type
- Cooperative
- Units
- 22
- Floors
- 5
- Landmark
- No
- Pets
- Case by case; subject to board approval — confirm at offer stage
- Subletting
- Permitted subject to board policy — confirm at offer stage
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 406 East 63rd 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.
406 East 63rd Street is a boutique post-war cooperative in Lenox Hill, on East 63rd Street between First and York Avenues — a quiet, convenient corner of the Upper East Side near the East River and the foot of the Queensboro Bridge. Built in 1960 and converted to a cooperative, the building is a small, straightforward, elevatored co-op with ground-floor commercial space, run at boutique scale. For the buyer who wants a sensible, well-located Upper East Side foothold without the carrying cost of a full-service tower, the building is a clean proposition.
The appeal is location and value: a well-run boutique co-op on a residential Lenox Hill block, close to the shops and restaurants of First and Second Avenues, the tram and the F train at Lexington–63rd, and the medical corridor to the north.
Building operations
The cooperative is run at boutique scale: an elevator, superintendent service, and ground-floor commercial space that contributes income to the building. There is no doorman — appropriate and cost-efficient for a small co-op of this scale, and a meaningful factor in keeping maintenance contained.
As a cooperative, ownership is by shares rather than deed: purchases require board approval and a board interview, financing is capped at a board-set percentage, and pied-à-terre and co-purchase arrangements are evaluated case by case. Subletting is permitted subject to board policy, and pets are considered case by case with board approval. The exact financing maximum, any flip tax, and current sublet and pet rules vary by board policy and should be confirmed at offer stage.
Architecture and residences
406 East 63rd Street is a five-story post-war brick elevator building, in the practical mid-century Upper East Side idiom, with ground-floor commercial space contributing to building income. The residences carry the straightforward, efficient scale typical of well-built early-1960s apartment houses — sensible layouts suited to buyers who prize location and carrying cost.
The 22-residence count keeps the building intimate and the operation lean, and the commercial income at the base helps support the co-op's financial structure.
The Lenox Hill block
Lenox Hill's eastern reaches — between First Avenue and the river — are among the quieter, more residential parts of the Upper East Side, with a neighborhood-scaled mix of pre-war and post-war buildings, longtime shops, and everyday convenience. East 63rd Street between First and York is a classic block of the district: close to the East River esplanade, the tram to Roosevelt Island, the F train at Lexington–63rd, and the retail and dining density of Second and Third Avenues. To buy here is to buy into a livable, well-connected Upper East Side rather than a marquee corridor.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →What would your apartment rent for?
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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
This is a cooperative, so the path is a board package and interview, a financing cap set by the board, and underwriting of the building's financials and house rules. Note the operational realities up front: this is a boutique building with an elevator and superintendent but no doorman, which suits buyers who value low carry over full-service amenities. Confirm the pet and sublet policies at offer stage. Review the co-op's financials, reserve, and any planned capital work given the building's age, and note the ground-floor commercial income in the building's financial picture.
The reasons to buy are the value and the location: a well-run boutique co-op on a quiet Lenox Hill block near the river, with contained carrying costs and the everyday convenience of the neighborhood at the door.
What to know if you’re selling
The story is value and location. A well-run boutique Lenox Hill co-op with contained carrying costs and a convenient block address sells to value-minded Upper East Side buyers, first-time purchasers, and those trading up from smaller studios. Pricing is an apartment-specific exercise: room count, floor, light, and condition drive the number more than any block average. We position the value narrative, prepare the buyer for the co-op process, and benchmark against the right comparable tier of boutique Upper East Side cooperatives.
Comparable buildings
If you're considering 406 East 63rd Street, also look at these Lenox Hill and Upper East Side cooperatives:
- 405 East 63rd Street — Lenox Hill cooperative directly across the street
- 205 East 63rd Street — pet-friendly Lenox Hill cooperative nearby
- 116 East 63rd Street — Upper East Side building nearby
- 130 East 63rd Street — nearby Upper East Side cooperative
- 140 East 63rd Street — nearby Upper East Side 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.
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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