907 Fifth Avenue
907 Fifth Avenue, New York, NY 10021
Lenox Hill, Upper East Side
BBL 1013860069 · BIN 1041378
- Year built
- 1916
- Type
- Cooperative
- Units
- 44
- Floors
- 12
- Landmark
- Designated
- Subletting
- Restrictive; board approval required
- Financing
- Permitted — up to 1/3 of purchase price (refinances capped at 1/3 of original purchase price or 20% of appraised value, whichever is greater)
- Flip tax
- A flip tax applies, paid by the seller; confirm the rate at the offer stage.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $3.1M
- Recent range
- $1000K – $37.5M
- Listing discount
- 5.7%
- Recorded transfers
- 73
907 Fifth Avenue is James E. R. Carpenter's 1916 Lenox Hill commission, one of the foundational Carpenter buildings on Fifth Avenue and an early example of the architectural premise the firm would refine across more than a dozen subsequent Fifth Avenue luxury apartment buildings (845 Fifth, 810 Fifth, 920 Fifth, 950 Fifth, 988 Fifth, 1030 Fifth, 1060 Fifth, 1115 Fifth, 1120 Fifth, 1143 Fifth, 1148 Fifth, 1150 Fifth, 1165 Fifth, and 1170 Fifth — the body of work that established Carpenter as the most prolific architect of pre-war Manhattan luxury apartment buildings).
The building is 12 stories with 44 apartments — meaningfully more units than the smallest tier-one Lenox Hill peers (820 Fifth's 13, 998 Fifth's 17, 834 Fifth's 24) but consistent with Carpenter's preference for somewhat larger inventories. The apartments span a range of configurations, from substantial 2BRs to large 4BRs and the occasional duplex. Pre-war signatures throughout: high ceilings, formal entry galleries, library-living-room combinations, pre-war detail preserved across the building's century.
What structurally differentiates 907 Fifth from many tier-one Lenox Hill peers is its policy posture. Unlike 740 Park, 820 Fifth, 834 Fifth, 998 Fifth, and 1020 Fifth — all of which prohibit financing entirely — 907 Fifth permits financing up to one-third of the purchase price. The board also takes a flexible posture on the 3% flip tax, allowing it to be paid by either the buyer or seller per contract negotiation rather than fixing the payor by house rule. These are meaningful differentiators for buyers who want Gold Coast tier-one Lenox Hill pre-war positioning but cannot or prefer not to close fully in cash.
The combination of architectural pedigree (Carpenter), tier-one address (Fifth Avenue at 72nd, with direct Park views), and the more accommodating financing policy gives 907 Fifth a particular position in the Gold Coast canon — institutionally tier-one but structurally more flexible than the strict cash-only peers.
Architecture and unit composition
The 44 apartments range from approximately 1,800 sf 2BRs to substantial 4,000+ sf 4BRs and duplex configurations. Carpenter's typical signatures throughout: 11–12 foot ceilings in primary rooms, formal entry galleries, library-living combinations, formal dining rooms, primary suites with substantial closet infrastructure, service wings characteristic of 1916-era luxury apartment design.
Park-facing apartments on the western flank have direct Central Park views with stable view envelope. The building's positioning on Fifth Avenue at 72nd places it at the heart of the most expensive stretch of the Gold Coast — between 60th and 79th Streets — with direct sight lines to Central Park and proximity to the Frick Collection, the Whitney's prior location, and Madison Avenue's gallery and retail corridor.
Apartment-by-apartment heterogeneity is meaningful across the building's 110-year history, with combinations and renovations producing varied configurations and finish conditions.
Building operations
907 Fifth operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. Property management is handled by Residential Management (account executive Michael Basile).
The financing posture is the building's structural editorial signal. The 1/3-of-purchase-price financing cap is notable for several reasons: it permits financing at all (most tier-one Gold Coast cash-only buildings do not), it sets a specific cap (1/3, rather than the looser 50% or 75% caps common in less selective buildings), and it allows refinancing up to the same cap (or 20% of appraised value, whichever is greater) — providing meaningful capital flexibility for long-term shareholders.
The flexible flip-tax posture — payor negotiable between buyer and seller — is also accommodating. Most tier-one Gold Coast buildings fix the payor in the house rules. 907 Fifth treats it as a contract negotiation, which can be advantageous in either direction depending on market conditions.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $8,088/yr
- Per unit / month range
- $0 – $9
Facade safety — Local Law 11
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.
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
- Flip tax
- 3% of purchase price (paid by either seller or buyer)
- Notable fees
- Managing Agent Fee $900 (individual)/$1000 (estate); Recognition Agreement Fee $300 if financing; max financing 1/3 purchase price
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 24, 2026 | 7A | 2 BR · 1 BA | $2,350,000 | -4.1% | |
| Nov 10, 2023 | 4B | 2 BR · 2.5 BA · 2,100 sf | $3,100,000 | $1,476/sf | -11.3% |
| Jun 2, 2023 | MAIS | 3 BR · 3.5 BA | $7,000,000 | +5.3% | |
| Apr 20, 2022 | 4B | 2 BR · 2 BA · 2,075 sf | $3,060,000 | $1,475/sf | -5.8% |
| Dec 17, 2021 | 10B | 2 BR · 3 BA | $3,825,000 | -19.5% | |
| Dec 9, 2020 | 4C | 2 BR · 2 BA | $3,250,000 | +0.0% | |
| Dec 5, 2019 | 6C | 2 BR · 2.5 BA | $6,000,000 | -13.7% | |
| Oct 29, 2019 | 3A | 1 BR · 1.5 BA · 1,150 sf | $1,275,000 | $1,109/sf | -5.6% |
Market read. $/sf is measured on the latest sales with reliable square footage (2023): a median $1,476/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 6.2% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Apr 13, 2006 | 3D | $1,550,000 |
| Jul 31, 2003 | 6A | $1,200,000 |
| Jul 31, 2003 | 6A | $8,950,000 |
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 1-01386-0069) 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
Financing is permitted up to 1/3 of purchase price. This is the building's most consequential structural differentiator from peer Gold Coast tier-one buildings. Buyers seeking Gold Coast Lenox Hill positioning while financing a portion of the purchase have a path at 907 Fifth that does not exist at 740 Park, 820 Fifth, 834 Fifth, 998 Fifth, or 1020 Fifth — all of which require 100% cash.
The 3% flip tax payor is negotiable. Buyers and sellers can negotiate which party pays the flip tax in the contract. This is unusual flexibility — most tier-one buildings fix the payor in the house rules. The negotiation should be modeled into both offer construction and net-proceeds analysis.
Board approval follows tier-one Lenox Hill norms. Strong financial profile, professional accomplishment, primary-residence intent, and personal references all matter. The 44-unit scale produces a less rigorously intimate board culture than the 13–24 unit peers, but the screening framework remains substantial.
Refinancing capacity is meaningful. The 1/3-of-original-price (or 20% of appraised, whichever is greater) refinancing cap permits substantive long-term capital management for shareholders — not the case at strict cash-only peer buildings where any subsequent borrowing against the apartment is prohibited.
Renovation is constrained by historic district status. Substantive renovation is feasible but must respect the building's pre-war character. The board reviews scope and quality.
View permanence is excellent. Central Park west; 72nd Street is a substantial cross-street with stable building heights; the corridor is built out.
What to know if you’re selling
The financing flexibility expands the buyer pool. Sellers benefit from a broader qualified-buyer cohort than at strict cash-only peer buildings. Brokers should position the financing posture as a differentiator in marketing copy.
The flexible flip-tax payor is a contract-negotiation tool. Sellers can structure offers that have the buyer absorb the flip tax (effectively a 3% price premium) or vice versa, depending on the strategic posture of the negotiation.
Pricing requires apartment-level comparable analysis. The 44-unit scale produces meaningful variation; view, floor, exposure, configuration, and renovation history all matter.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 907 Fifth Avenue, also evaluate:
- 845 Fifth Avenue — James E. R. Carpenter 1920; 16 apartments; tier-one Lenox Hill
- 820 Fifth Avenue — Starrett & Van Vleck 1916; 13 apartments; cash-only
- 834 Fifth Avenue — Candela 1931; 24 apartments; tier-one Gold Coast; cash-only
- 875 Fifth Avenue — Emery Roth 1941; 103 apartments; broader amenity package
- 860 Fifth Avenue — Sylvan Bien 1950 post-war Moderne
- 920 Fifth Avenue — James E. R. Carpenter; comparable Carpenter pedigree
- 988 Fifth Avenue — James E. R. Carpenter; comparable Carpenter pedigree
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Fifth Avenue — read The Roebling Team Guide to Fifth 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.
Considering a move at 907 Fifth Avenue?
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 907 Fifth Avenue 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.