975 Lexington Avenue
975 Lexington Avenue, New York, NY 10021
BBL 1014050051 · BIN 1042748
- Year built
- 1927
- Type
- Cooperative
- Landmark status
- Not an individual landmark; in the Upper East Side Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 50% of the purchase price
- Flip tax
- 2% of the purchase price, paid by the seller
- 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, 2023–2024
- $1.9M
- 2 qualifying sales
- Recent range
- $400K – $2M
- Listing discount
- 9.0%
- Recorded transfers
- 37
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.
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.
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 a full-service cooperative 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.
Pets are welcome, and financing is permitted up to 50% of the purchase price, which requires a substantial cash position. Purchases are subject to a co-op board application and interview; occupancy, sublet and transfer terms are best confirmed with us during diligence.
Application and transaction fees
Fees below are from building management's published schedule, as of September 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
- 2% Purchase Price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $200 per applicant/occupant | Refundable Non-refundable |
| Package Reproduction FeeConditionalConditions: If Applicable | Paid by Buyer | When With the application | Amount $195 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When At closing | Amount $250, if financing | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Refinance
2 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $450 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $450 | Refundable Non-refundable |
Ownership transfer
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $450 | Refundable Non-refundable |
| Credit Report Fee | Paid by Buyer | When With the application | Amount $75 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositConditional | Paid by Buyer | When With the application | Amount 500 if applicable | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | 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
- 50% of the purchase priceSource: building management's published schedule, as of September 2026
- Guarantors
- Not permittedSource: building management's published schedule, as of September 2026
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
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
- $732 per room a monthMedian of 6 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.30 per square foot a monthMedian of 3 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
- Attended lobby
- YesSource: 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
- 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
- $30,099/yr
- Per unit / month range
- $0 – $58
- Modeled exposure split equally across 43 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 SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials 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.
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 |
|---|---|---|---|---|---|
| May 18, 2026 | 1B | 2 BR | $640,000 | -7.1% | |
| Feb 19, 2025 | 9A | 3 BR · 3 BA · 1,800 sf | $1,850,000 | $1,028/sf | -7.3% |
| Sep 18, 2024 | 11D | 2 BR · 2 BA | $2,050,000 | -10.7% | |
| Aug 26, 2024 | 1A | 3 BR · 2.5 BA · 1,650 sf | $625,000 | $379/sf | -37.4% |
| Mar 11, 2024 | PH | 3 BR · 3 BA | $4,500,000 | +0.0% | |
| Jan 11, 2023 | 11D | 2 BR · 2 BA | $1,757,000 | -2.1% | |
| Mar 31, 2022 | 2A | 2 BR · 2 BA | $1,900,000 | -4.8% | |
| Jan 10, 2022 | 3C | 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 (recorded) 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.
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). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 975 Lexington Avenue and nearby.
At the recent median sale of $640K (3 transfers in the past 24 months, since October 31, 2024), a buyer putting 50% down would pay about $10,150 to close, or 1.6% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,150
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 50% financing limit.
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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. Expect a thorough board package and interview, and confirm occupancy requirements in the governing documents.
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 cooperatives of different construction periods form the natural comparison set:
- 976 Lexington Avenue — 1955 Lexington Avenue co-op diagonally across the 71st Street intersection
- 895 Lexington Avenue — pre-war Lexington Avenue co-op nearby
- 889 Lexington Avenue — pre-war Lexington Avenue peer
- 876 Park Avenue — nearby pre-war co-op on Park Avenue
- 860 Park Avenue — pre-war Park Avenue cooperative nearby
More Upper East Side buildings
- 944 Park Avenue — 1929 condominium by George F. Pelham
- 955 Lexington Avenue — 1924 co-op by W. K. Rouse & L. A. Goldstone
- 955 Madison Avenue — 1958 co-op by Paul Resnick
- 976 Lexington Avenue — 1955 co-op
- Carlyle House (987 Madison Avenue) — 1930 co-op by Sylvan Bien and Harry M. Prince
- 993 Lexington Avenue — 1914 condominium by Schwartz & Gross
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
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 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.
646.939.7375 · c.cohen@compass.com