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 · 1962
Townsend House
976 Lexington Avenue, New York, NY 10021

976 Lexington Avenue

976 Lexington Avenue, New York, NY 10021

Lenox Hill, Upper East Side

BBL 1014060017 · BIN 1042806

At a glance
Year built
1962
Type
Cooperative
Units
101
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

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

2BR median
$2.1M
Recent range
$725K – $3.5M
Listing discount
7.6%
Recorded transfers
84

Townsend House sits on one of Lenox Hill's most appealing corners — Lexington Avenue and East 71st Street, on a tree-lined townhouse block that runs west toward Park and Madison. Completed in 1962, it is a 20-story post-war cooperative built when the East Side was trading walk-up brownstones for full-service elevator living, and it has aged into exactly the kind of building most buyers actually want: a real doorman, a real garage, a gym in the basement, and a quiet, central address two short blocks from the Lexington Avenue subway and a flat walk to Central Park.

The case for the building is lifestyle, not pedigree. The white-brick-and-masonry post-war stock of the East 60s and 70s does not pretend to the limestone gravity of Park Avenue's pre-war co-ops, and it does not need to. What it delivers is light, efficient floor plans, larger windows, and an amenity package — staffed lobby, concierge, fitness room, on-site parking — that the neighboring brownstones and many pre-war buildings cannot match. For a buyer who wants to drop their car downstairs, work out without leaving the building, and walk to the Frick, the galleries of Madison Avenue, and the 6 train, Townsend House is a practical, livable proposition.

Architecture and unit composition

The building is a straightforward post-war high-rise: a masonry tower on a corner lot, with the regular, repeating window lines and modest setbacks typical of early-1960s Lexington Avenue construction. The interest is inside. The original plan ran to roughly a hundred apartments across twenty floors — a mix of one-, two-, and three-bedroom homes — and over six decades a number of those have been combined into larger four-bedroom residences, so the building now offers an unusually broad spread, from efficient pieds-à-terre to family-scaled apartments.

Post-war layouts here tend toward what buyers prize in the era: sensible room proportions, good light from the larger windows, and far less wasted hallway than the pre-war stock. Ceiling heights are characteristic of the period rather than soaring, but the trade is square footage that lives efficiently and a building envelope that takes modern kitchens and baths without the structural fuss of a 1920s conversion.

Building operations

Townsend House runs as a full-service cooperative. There is a 24-hour doorman and concierge at the lobby, a live-in resident manager, central laundry, a bicycle room, and private storage. The amenity that sets it apart from much of the surrounding co-op stock is the on-site parking garage — a genuine convenience on the East Side, where street parking is a daily battle and off-site garages run expensive. A fitness center rounds out the package.

Day-to-day, this is a quiet, well-staffed building of long-tenured shareholders. As an established cooperative it operates a standard board-approval process for purchases, and maintenance covers the staff, the garage operation, and the building's reserves and capital program in the usual co-op fashion.

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
$24,369/yr
Per unit / month range
$0 – $20
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2027
On record
$250 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
Jun 1, 2026PH
4 BR · 4.5 BA
$3,325,000+1.5%
Apr 2, 20269D
1 BR · 1.5 BA
$1,100,000-12.7%
Mar 30, 20263D
1 BR · 1.5 BA
$990,000-10.0%
Mar 11, 20262D
1 BR · 1.5 BA · 960 sf
$725,000$755/sf-17.1%
Sep 19, 202512A
2 BR · 2.5 BA · 1,700 sf
$1,995,000$1,174/sf+5.0%
Jul 16, 20257C
3 BR · 3 BA
$2,075,000-5.5%
Jun 18, 20256B
1 BR · 1 BA · 950 sf
$950,000$1,000/sf-4.5%
Feb 11, 20257AB
3 BR · 3.5 BA
$3,525,000+8.5%

Market read. Most recent trades (2026) cleared a median $827/sf across 1 sale. Median listing discount 4.4% 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.

11A · 1,300 sf+72%
$1,008,000 ($775/sf) 2004$1,450,000 ($1,115/sf) 2006$1,710,000 2008$1,735,000 ($1,335/sf) 2017
7B · 1,150 sf+45%
$1,050,000 2005$1,525,000 ($1,326/sf) 2016
18A+33%
$3,000,000 2014$4,000,000 2021
12A · 1,700 sf+21%
$1,650,000 2013$1,275,000 2021$1,995,000 ($1,174/sf) 2025
12B+21%
$762,500 2005$925,000 2009
View all 84 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 1-01406-0017) 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

This is a board-approved cooperative purchase, so expect a full board package, financial review, and interview. The building's appeal to a buyer is concrete: a staffed, full-service address with an on-site garage and gym, on a prime Lenox Hill corner, at post-war pricing that buys materially more space than the pre-war buildings a few blocks west. Run the financing math early — co-op boards set financing limits and reserve expectations, and your debt-to-income and post-closing liquidity matter as much as the price. We help buyers read the building's financials, benchmark the asking price against in-building and neighborhood comparables, and prepare a board package that clears cleanly.

What to know if you’re selling

The selling story here is amenity-and-location, told plainly. Lead with what the building has that its neighbors don't — the garage, the gym, the concierge, the corner — and with the walk-everywhere Lenox Hill position: Central Park, the Madison Avenue retail and gallery corridor, and the Lexington Avenue subway all within a few minutes. Price to the building's own recent closings and the comparable post-war co-ops nearby; the larger and combined homes carry their own, thinner comp set and reward careful positioning. A clean, well-prepared listing in a building this well-located moves to a qualified, board-ready buyer.

Comparable buildings

If you're weighing Townsend House, these nearby Upper East Side full-service co-ops make a useful 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 Townsend House?

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 Townsend House 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.