- Year built
- 1914
- Type
- Condominium
- Units
- 23
- Floors
- 12
- Landmark
- No
- Pets
- To be confirmed against the building's house rules at offer stage
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2013–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,412
- Listing discount
- 2.8%
- Recorded sales
- 33
- On record
- 2013–2026
993 Lexington Avenue is a boutique conversion of a genuinely old building — a 1914 Schwartz & Gross structure on one of Lenox Hill's busiest corners, the intersection of Lexington Avenue and East 72nd Street. The conversion gut-restored the building into 23 large condominium residences, and the design team gave it a quietly prestigious move: the residential entrance was placed on the calmer side street, carrying a 150 East 72nd Street address, while ground-floor retail holds the Lexington Avenue frontage. The result is a building that lives like a side-street boutique condominium while sitting on a prime avenue corner.
Schwartz & Gross were one of the most prolific apartment-house partnerships of prewar New York, and their original 1914 envelope — Renaissance Revival brick over a limestone base, with arched windows and an ornamental cornice — gives the building its prewar bones. The condominium restoration, designed by Handel Architects with interiors by Moed de Armas & Shannon, layered contemporary luxury inside that historic shell: oversized casement windows, soaring ceilings, and custom millwork. The building sits within the Upper East Side Historic District Extension, which protects the streetwall character that makes the location desirable.
The trade-off buyers should understand plainly: this is a small building of large apartments. With 23 residences across roughly 65,600 square feet of residential area, the average home is very large — high-floor full- and half-floor layouts predominate. That scale is the appeal, and it sets the building apart from the more conventional unit mixes nearby.
Architecture and unit composition
The 23 residences are unusually large for the avenue, a function of the conversion's decision to consolidate the original prewar floorplate into a small number of generous homes. Expect high ceilings, oversized casement windows, and the kind of formal flow — entry galleries, separate dining, windowed kitchens — that prewar bones make possible and that the contemporary restoration finished to a high standard.
A note on the public record: NYC Department of Finance records list the building at 12 stories, while marketing materials have described 15. Buyers should treat the city record as the verified count and confirm exact floor and unit specifics in the offering plan during due diligence.
Building operations
993 Lexington operates as a boutique full-service condominium with an attended lobby and resident superintendent. Because this is a small conversion, the complete staffing model and amenity roster — coverage hours, fitness, storage — should be confirmed directly against the offering plan rather than assumed from the building's price tier. Common charges and property taxes reflect a staffed boutique building of large apartments; model the full carry on the specific unit.
The condominium conversion was consummated in the mid-2010s following a major restoration; buyers should review the offering plan, current financials, the reserve study, and board minutes during due diligence, as with any recent conversion.
Recent sales
Pricing at 993 Lexington is read on a price-per-square-foot basis. The building offers a specific product: a handful of very large, recently restored prewar-shell residences in prime Lenox Hill, behind a side-street address. That scarcity supports premium pricing, but it also means comparables within the building are few and heterogeneous — floor, exposure, and exact layout drive meaningful variation. Buyers and sellers should anchor pricing to the building's own recorded sales and to closely matched large-unit comparables in the surrounding Lenox Hill condominium stock rather than to the broader avenue average.
Recent closings 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 |
|---|---|---|---|---|---|
| Apr 28, 2026 | 1S | 800 sf | $1,237,500 | $1,547/sf | off-mkt |
| Mar 30, 2026 | 4S | 3 BR · 2.5 BA · 2,352 sf | $5,350,000 | $2,275/sf | -2.7% |
| Feb 13, 2026 | 5S | 4 BR · 5.5 BA · 4,175 sf | $9,995,000 | $2,394/sf | off-mkt |
| Jul 15, 2025 | 7S | 3 BR · 2.5 BA · 2,316 sf | $5,491,500 | $2,371/sf | -0.2% |
| Apr 17, 2023 | 2S | 3 BR · 2.5 BA · 2,200 sf | $3,800,000 | $1,727/sf | -26.9% |
| Sep 28, 2022 | 5E | 2 BR · 2.5 BA · 1,684 sf | $3,450,000 | $2,049/sf | off-mkt |
| Sep 22, 2022 | 11C | 2,130 sf | $4,035,000 | $1,894/sf | off-mkt |
| Sep 22, 2022 | 11E | 2 BR · 1,343 sf | $3,225,000 | $2,401/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $2,412/sf across 3 sales. Median listing discount 2.8% 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 1-01406-7503) 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 from recorded condo declarations and offering plans.
What to know if you’re buying
This is a large-apartment, small-building product. If you want a generous full- or half-floor home with prewar proportions and contemporary finishes in prime Lenox Hill, that is precisely what this building offers.
The side-street entrance is a feature. The 72nd Street residential entrance gives the building a calmer, more private arrival than its busy Lexington corner would suggest.
Confirm house rules and policy in diligence. Pet policy and the precise amenity and staffing roster should be confirmed against the offering plan and house rules at offer stage. Financing percentages and any sublet terms in a condominium are typically flexible but should be confirmed at offer stage.
Condo flexibility is real. 30–45 day closings, pied-à-terre and investment use permitted, subletting allowed under the declaration.
Mansion tax thresholds apply. At this building's price points the higher mansion-tax cliffs are routinely in play. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Market the scale and the restoration. The building's differentiators are large floorplates, prewar light, and a high-quality contemporary restoration behind a discreet side-street address.
Price against the building's own sales. With so few units, in-building comparables are the most reliable anchor; supplement with closely matched large-unit Lenox Hill condo trades.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 993 Lexington Avenue, also evaluate:
- 1003 Lexington Avenue — boutique Lenox Hill building a few doors north on the same avenue
- 1004 Lexington Avenue — small-building Lenox Hill alternative nearby
- 1019 Lexington Avenue — boutique Upper East Side building in the same corridor
- 1091 Lexington Avenue — Lexington Avenue building further north in the district
- 1223 Lexington Avenue — Carnegie Hill–edge Lexington Avenue alternative
The Roebling Team at 993 Lexington Avenue
The Roebling Team at Compass specializes in the Upper East Side, Central Park West, and the broader Park-facing Manhattan market. We publish this profile because buyers and sellers of boutique large-format condominiums deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 993 Lexington Avenue, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, due diligence priorities, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.