The Wellesley (440 West End Avenue)
440 West End Avenue, New York, NY 10024
BBL 1012290001 · BIN 1032677
- Year built
- 1928
- Type
- Cooperative
- Units
- About 96
- Landmark status
- Not an individual landmark; in the Riverside-West End Historic District Extension I
- NYC Landmarks Preservation Commission records, updated February 2026
- Pied-à-terre
- Not permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Maximum financing
- 75% of the purchase price
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $1.3M
- 3 qualifying sales
- Recent range
- $875K – $6.5M
- Listing discount
- 1.1%
- Recorded transfers
- 71
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Wellesley 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.
The Wellesley at 440 West End Avenue is a 1928 Schwartz & Gross cooperative at the corner of West End Avenue and West 81st Street — a prime position on the West End Avenue Gold Coast, the residential boulevard that defines the architectural character of the central Upper West Side. Schwartz & Gross was the single most prolific apartment-house practice on West End Avenue, responsible for a remarkable share of the avenue's pre-war fabric, and 440 is a confident example of their work: a Georgian-inflected composition in red brick over a limestone base, with ornamental window cornices, decorative stonework, and limestone quoins marking the corners.
The corner siting at 81st Street is a genuine advantage. It delivers the dual exposures and cross-light that mid-block buildings cannot match, and it places the building one block from Riverside Park to the west and within easy reach of the Broadway retail spine and Central Park to the east. The 1 train's 79th Street and 86th Street stations sit a few blocks away, and the restaurant, market, and shopping run along Broadway begins essentially at the corner. The 1928 vintage situates The Wellesley at the peak of pre-war luxury construction — the era's mature high point for apartment planning and detail.
Converted to cooperative ownership in 1984, the building today pairs authentic Schwartz & Gross architecture and classic Gold Coast scale with an amenity set richer than most pre-war peers — a real fitness center, a residents' lounge, a children's playroom, and a landscaped roof deck looking out over the Hudson and toward Central Park. For buyers who want a named, architecturally pedigreed pre-war co-op at a true corner address, The Wellesley occupies a strong position in the corridor.
Architecture and unit composition
The building's 15 stories carry Schwartz & Gross's Georgian pre-war vocabulary: a limestone base, a red-brick body above, ornamental cornices over the windows, and the limestone quoins that frame the corners. The lobby reflects the grandeur typical of West End Avenue's Gold Coast houses.
The roughly 96 apartments span a range of configurations across the floor plates, from one- and two-bedroom homes up through expansive five-bedroom layouts in the larger combined lines. Pre-war signatures are characteristic of the vintage and well-preserved in the building's original stock: high beamed ceilings, herringbone hardwood floors, extensive moldings, gracious entry foyers, and separate dining rooms in the larger apartments. Washer/dryers are permitted in-unit — a meaningful convenience in pre-war stock — and corner residences and upper floors command the building's premium for light, openness, and partial river or park exposures.
Building operations
The Wellesley operates as a full-service pre-war cooperative with a full-time doorman and a live-in superintendent. Its amenity package is unusually deep for a 1928 house: a fitness center, a residents' lounge, a children's playroom, bike storage, central laundry, private storage, and a landscaped roof deck with Hudson River and Central Park views. The roughly 96-apartment scale supports that service; review the current budget, audited statements, debt and any assessments.
The building is pet-friendly and permits in-unit washer/dryers, and financing is allowed up to 75% of the purchase price. Purchases clear through a board package and interview; confirm the current liquidity, occupancy and subletting requirements in the application instructions.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Greater of following: $50.00 per share or 5% of the Gross Profit less Brokers Fees (6% maximum) and Attorneys Fees ($750.00 maximum)
- Paid by
- Seller
Source: building management's published schedule, as of October 2026
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Processing FeePaid to management | Paid by Buyer | When With the application | Amount $200 for any application that has more than one (1) co-applicant or more than one (1) financial statement form | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Recognition Agreement FeePaid to management | Paid by Buyer | When With the application | Amount $300 | Refundable Not stated |
| Alteration FeesPaid to management | Paid by Buyer | When Upon approval | Amount $750 for major alterations, $300 for minor alterations | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $600 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Sublease FeeRecurringPaid to the building | Paid by Shareholder | When With the application | Amount Equal to First two (2) years: 15% of annual maintenance for each lease year, Third year: 25% of annual maintenance | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Subtenant | When With the application | Amount $550 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Subtenant | When With the application | Amount $150 per applicant | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out DepositPaid to the building | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
| Move-In DepositPaid to the building | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Subtenant | When With the application | Amount $225 | Refundable Non-refundable |
| Sublease FeeRecurringPaid to the building | Paid by Subtenant | When With the application | Amount Equal to First two (2) years: 15% of annual maintenance for each lease year, Third year: 25% of annual maintenance | Refundable Non-refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $300 | Refundable Non-refundable |
Ownership transfer
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $600 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
Transfer: trust
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $500 | Refundable Non-refundable |
Transfer: estate
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $600 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In DepositPaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 75% of the purchase priceSource: The Roebling Team's building profile
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Not verified
- Pied-à-terre ownership
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $693 per room a monthMedian of 11 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.19 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, residents' lounge, playroom, roof deck, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $40,025/yr
- Per unit / month range
- $0 – $35
- Modeled exposure split equally across 96 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring prompt corrective action. The owner must install any public protection the inspector specifies (a sidewalk shed, construction fence or structural netting, depending on the condition) and make the repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- Greater of $50/share or 5% of gross profit (less broker fees up to 6% and attorney fees up to $750)
- Sublet policy
- Allowed; sublease fee = 15% annual maintenance (yrs 1-2), 25% (yr3)
- Pied-à-terre
- Not allowed
- Policies and fees
- Co-op. Buyer app $700; credit $150/applicant; recognition agreement $300; closing $600; move-in/out $500 deposit; alterations $750 major/$300 minor
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 |
|---|---|---|---|---|---|
| Jul 20, 2026 | 8E | 2 BR · 1.5 BA | $1,247,500 | -0.2% | |
| Feb 17, 2026 | 12A | 3 BR · 3 BA | $3,710,000 | +0.4% | |
| Oct 30, 2025 | 5B | 3 BR · 3 BA · 2,300 sf | $2,600,000 | $1,130/sf | -7.1% |
| Sep 19, 2025 | 1B | 3 BR · 2 BA | $1,760,000 | -1.9% | |
| Jun 13, 2025 | 5A | 3 BR · 2.5 BA | $2,450,000 | +0.0% | |
| Dec 4, 2024 | 8C | 2 BR · 2 BA | $1,812,500 | -9.1% | |
| Nov 15, 2024 | 8B | 4 BR · 3 BA · 2,300 sf | $2,925,000 | $1,272/sf | +6.4% |
| Nov 5, 2024 | 3B | 4 BR · 3 BA | $2,775,000 | +8.8% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,293/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 0.0% from the last ask.
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 |
|---|---|---|
| Jan 6, 2013 | 5F | $495,000 |
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 1-01229-0001). 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.
Closed rents at The Wellesley, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 25 | $4,850 |
| 2 bedroom | 2 | $4,775 |
27 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Wellesley and nearby.
At the recent median sale of $2.52M (8 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $46,113 to close, or 1.8% of the price.
- Mansion tax: $31,563
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
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
Describe the Schwartz & Gross architecture precisely. The 1928 Georgian composition is part of the building's history and marketing; establish any resale premium from dated, matched transactions rather than from the architect's name.
The amenity set is a differentiator. Fitness center, residents' lounge, children's playroom, and a Hudson-facing roof deck are uncommon in a 1928 house and broaden the building's appeal to families and younger buyers.
Three policies are documented. Pets are permitted, in-unit washer/dryers are allowed, and financing runs to 75%; confirm the current rules.
The corner-of-81st position is structural. Dual exposures, cross-light, and a block from Riverside Park.
What to know if you’re selling
Lead with the architecture and the amenities. Listing copy should foreground Schwartz & Gross, the 1928 Georgian composition, the corner address, the roof deck, and the building's full amenity slate.
The documented policies are a selling point. Name the 75% financing allowance, the pet policy and the washer/dryer permission in the marketing.
Pricing requires apartment-level comparable analysis. Floor, exposure, configuration, and renovation history all move value materially within a building of this size.
Closing timelines are co-op standard — generally 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering The Wellesley, also evaluate:
- 400 West End Avenue — pre-war West End co-op nearby
- 470 West End Avenue — pre-war West End co-op nearby
- 277 West End Avenue — 1926 George and Edward Blum pre-war co-op
- 670 West End Avenue — 1927 pre-war West End co-op
- 320 West End Avenue — pre-war West End co-op to the south
More West End Avenue buildings
- The New Century, 401 West End Avenue — 1900 co-op
- 411 West End Avenue — 1936 co-op by George F. Pelham Jr.
- 425 West End Avenue — 1900 co-op
- 441 West End Avenue — 1925 by George F. Pelham
- 450 West End Avenue — 1931 co-op by Boak & Paris
- 465 West End Avenue — 1911 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across West End Avenue — read The Roebling Team Guide to West End Avenue.
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.
Considering a move at The Wellesley?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com