The Paulding, 1349 Lexington Avenue - Carnegie Hill
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The Paulding is a distinguished prewar co-op at 1349 Lexington Avenue, designed by renowned loft building pioneers Maynicke & Franke in 1921 and converted to cooperative ownership in 1971. This 68 unit building stands out in Carnegie Hill for its unique architecture and thoughtful amenities, including a landscaped courtyard garden with fountain, newly renovated roof deck, children's playroom, and bike room. The full service building provides 24 hour doorman service, live-in superintendent, and welcomes pets, though pied-à-terres and sublets are not permitted.
Apartments at The Paulding showcase classic prewar elegance with soaring 10 to 11.5 foot beamed ceilings, hardwood floors, and working wood burning fireplaces featured in many units. The building offers flexible layouts ranging from classic sixes to spacious maisonettes, with many apartments featuring windowed eat-in kitchens, formal dining rooms, and the ability to install washer/dryer units. Several listings highlight floor-to-ceiling built-ins, original moldings, and generous closet space, while recent renovations have modernized kitchens and bathrooms while preserving architectural character.
The building's Carnegie Hill location provides exceptional convenience, situated just blocks from Central Park, the 92nd Street Y, and what's described as the city's highest concentration of major museums and top tier schools. Residents enjoy easy access to shopping including Whole Foods and Fairway Market, multiple transportation options including the 86th Street subway station, and the neighborhood's renowned restaurants. The Paulding offers solid financials with up to 75% financing allowed and no flip tax, while each apartment includes a storage cage at no additional cost.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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