241 East 76th Street - Lenox Hill
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241 East 76th Street is a 92 unit co-op built in 1959 and converted to cooperative ownership in 1985. The 10 story red-brick building occupies a corner location at Second Avenue and East 76th Street in the Lenox Hill neighborhood. The building underwent lobby and hallway renovations and features a canopied entrance with a three step down entry.
The building offers full service amenities including a 24 hour doorman, live-in superintendent, and an on-site parking garage where spaces can be purchased or rented (with separate maintenance fees and board approval required for most units). Additional amenities include a planted roof deck, bike room, private storage, and central laundry facilities. The building maintains a pet friendly policy, though individual unit restrictions may apply.
Apartments throughout the building commonly feature hardwood or parquet floors, through wall air conditioning, and custom built in storage. Many units include windowed kitchens and bathrooms, features noted in listings as rare and desirable. Renovated kitchens typically have granite countertops and stainless steel appliances, while layouts range from lofted studios with 11 foot ceilings to a combined three bedroom penthouse (10BCD) with a deeded parking space and second kitchen. One notable two bedroom unit on the ninth floor transfers with a parking space and requires no board approval for purchase, offering unlimited subletting from day one and 80% owner financing at 6.75%.
The building maintains flexible ownership policies, permitting pied-à-terre purchases, co-purchasing, parents buying for children, investors, guarantors, and gifting. Subletting is generously allowed with board approval, and at least one unit offers unlimited subletting without restrictions. The location provides convenient access to the Q and 6 subway lines, crosstown bus service, and proximity to Museum Mile, Central Park, and the shopping and dining options of the Upper East Side. The building has no flip tax.
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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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