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 · 1927
975 Lexington Avenue
975 Lexington Avenue, New York, NY 10021

975 Lexington Avenue

975 Lexington Avenue, New York, NY 10021

Lenox Hill, Upper East Side

BBL 1014050051 · BIN 1042748

At a glance
Year built
1927
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

2BR median
$1.9M
Recent range
$400K – $2M
Listing discount
9.0%
Recorded transfers
37

975 Lexington Avenue is an intimate, elegant pre-war cooperative on one of Lenox Hill's most desirable corners — the meeting of Lexington Avenue and East 71st Street, a tree-lined block half a step removed from the avenue's retail energy but a short walk from everything that makes the neighborhood work. Built in 1927, the building carries the masonry dignity of its era and has spent decades as a quiet, well-run co-op rather than a building that trades on noise.

The case for it is the apartments. 975 Lexington's homes are known as large and gracious, with wood-burning fireplaces, genuine pre-war detail, and semi-private landings that give the building a sense of seclusion uncommon at its 45-unit scale. That blend — substantial layouts, fireplaces, and a personal arrival to each floor — is exactly what draws buyers to pre-war Lenox Hill, and it is increasingly hard to find at a building this size.

The building converted from rental to cooperative ownership in 1980, and it has operated as an owner-occupied, full-service house ever since. With a 24-hour doorman and a live-in resident manager standing behind 45 apartments, it offers the staffing of a serious co-op without the anonymity of a large tower.

Architecture and unit composition

975 Lexington Avenue is a typical — in the best sense — pre-war Upper East Side apartment house: a limestone base supporting a brick shaft, classically composed, built to last. It is the kind of building that defines the residential texture of Lenox Hill, designed for permanence and proportion rather than spectacle.

Inside, the residences carry the features that keep pre-war co-ops in demand: wood-burning fireplaces, well-scaled rooms, real foyers, and the ceiling heights of a 1920s building. The semi-private landings are a particular signature — most apartments share their floor with few neighbors, lending a townhouse-like privacy to arrival. Across 45 homes in twelve stories, the building offers a range of classic layouts, and each apartment conveys with private storage — a practical advantage in a neighborhood where storage is scarce and prized.

Building operations

975 Lexington Avenue runs as a full-service cooperative. The lobby is attended 24 hours by a doorman, and a live-in resident manager oversees daily operations — the staffing model Lenox Hill buyers expect. Shareholder amenities include central laundry, bicycle storage, and the private storage that comes with each apartment.

The building's rules are accommodating by pre-war standards. Pets are welcome, and financing is permitted up to 50% of the purchase price — the standard pre-war co-op ceiling, requiring the customary substantial cash position. Purchases are subject to a co-op board application and interview, and the building is operated as an owner-occupied house with primary-residence expectations and the conservative sublet posture typical of the avenue's pre-war co-ops; specific sublet and transfer terms are best confirmed with us during diligence.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$12,879/yr
Per unit / month range
$0 – $25
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
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$150 in filing penalties
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 →

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
May 18, 20261B
2 BR
$640,000-7.1%
Feb 19, 20259A
3 BR · 3 BA · 1,800 sf
$1,850,000$1,028/sf-7.3%
Sep 18, 202411D
2 BR · 2 BA
$2,050,000-10.7%
Aug 26, 20241A
3 BR · 2.5 BA · 1,650 sf
$625,000$379/sf-37.4%
Mar 11, 2024PH
3 BR · 3 BA
$4,500,000+0.0%
Jan 11, 202311D
2 BR · 2 BA
$1,757,000-2.1%
Mar 31, 20222A
2 BR · 2 BA
$1,900,000-4.8%
Jan 10, 20223C
3 BR · 2.5 BA
$1,850,000+0.0%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,028/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 4.7% 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.

5C+62%
$1,910,000 2010$3,100,000 2015
2B+33%
$1,595,000 ($886/sf) 2004$2,125,000 2019
6B+30%
$2,075,000 2011$2,695,000 2021
11D+17%
$1,757,000 2023$2,050,000 2024
5D+17%
$1,620,000 2005$1,900,000 2009
View all 37 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 1-01405-0051) 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 draw is a large, fireplace-equipped pre-war apartment with semi-private landing access, in a full-service building on a prime Lenox Hill corner. Pets are welcome and financing runs to 50% — plan on a meaningful cash position, as the building holds to the customary pre-war ceiling. Expect a thorough board package and interview and primary-residence expectations.

Diligence should focus on the apartment and the building's finances: the layout and condition of the specific unit, the maintenance charge and any assessments, and the co-op's reserve fund and capital plan. Pre-war buildings carry ongoing façade and elevator obligations under New York's inspection cycles, and a well-capitalized board is the surest protection against surprise assessments. The fireplaces, the proportions, and the corner location are the durable value here — finishes can be updated, but the bones and the block cannot be added later.

What to know if you’re selling

Lead with what buyers cannot find easily: a large pre-war apartment with a wood-burning fireplace, a semi-private landing, and the privacy of a 45-unit house on a tree-lined Lenox Hill corner. The pet-friendly policy widens the buyer pool relative to stricter neighbors, and the full-service staffing and per-apartment storage round out the pitch.

Price against the Lenox Hill pre-war co-op set, adjusting for floor, line, condition, and the fireplace-and-landing premium. Model the customary co-op transfer costs into your net proceeds from the start, and invest in presentation — a clean, well-staged apartment that lets buyers read the original proportions and the fireplace consistently outperforms a dated one. In a building this size, each sale informs the next, so positioning the first impression precisely is worth the effort.

Comparable buildings

If you're considering 975 Lexington Avenue, these nearby Lenox Hill and Park Avenue pre-war cooperatives form the natural comparison set:

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 975 Lexington Avenue?

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 975 Lexington 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.