Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $930,000

· Closed December 5, 2024

Closed For Sale Co-op

$930,000

1349 Lexington Avenue #PH2

Upper East Side, Manhattan

MLS® #RLS10995868

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1922

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1922
Ownership Co-op
Maintenance $2,039/mo
Neighborhood Upper East Side
Floor 11 of 10

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace
  • Character: Pre-war building (1922)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 11 of 10
Exposure East,North,South,West
Pets Yes, CatsOk, DogsOk
Year Built 1922
Structure Type MultiFamily
Furnished Unfurnished
Block/Lot 01518/0049

Listing History

Event Date Price Change
Listed Feb 20, 2024 $1,100,000 -
Price Reduced Dec 23, 2024 $975,000 -11.4%
Currently Apr 27, 2026 $930,000 -4.6%

Description

Penthouse 2 at The Paulding Cooperative in Carnegie Hill, a remarkable property making its debut on the market. This unique residence boasts a sprawling 4-room layout complemented by an expansive 800+ square foot setback terrace, a rare find in Manhattan.
PH2 offers a spacious prewar living space with a downtown loft-like ambiance, surrounded by abundant oversized windows that invite natural light from all four open exposures, creating a cheerful and bright atmosphere from dawn till dusk.
This tranquil top floor sanctuary provides a peaceful retreat from the hustle and bustle of the city, while still being immersed in the vibrant energy of Manhattan. Additional highlights include extra-high beamed ceilings, a generously-sized eat-in kitchen with dual large windows, newly installed modern flooring, and a versatile glass-enclosed heated and air-conditioned bonus room, catering to a variety of lifestyles.
With a touch of imagination, this exceptional property has the potential to be transformed into a magnificent dream home, offering enjoyment for many years to come.
Designed by modern loft building pioneers Maynicke & Franke in 1921, the Paulding is one of the most sought-after residences in Carnegie Hill. Residents of this elegant Co-op enjoy access to a new roof deck, landscaped garden, and a children's playroom. The building's prime location places it close to Central Park, the 92nd Street Y, and public transportation. Nestled in this residential neighborhood, you'll find yourself surrounded by the city's highest concentration of major museums and fine schools. Additionally, Whole Foods and The Fairway Market are conveniently located just a few blocks away. An 8' storage cage is included with the apartment at no additional cost. Pets are permitted, although subletting and pied-a-terres are not allowed. Terrace photos are virtually staged.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Terrace

Building Information

Building Data View Compliance & Permits
Total Units 68
Stories 10
Structure MultiFamily

Financial Details

Maintenance $2,039/mo
Original Price $1,100,000
Sale Price $930,000
Previous Price $975,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

339

Median Asking Price

$1.57M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 4:08 AM EST

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Location

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1349 Lexington Avenue #PH2, Upper East Side, New York County

Virtual Tour

Building Information

Official NYC property records for this building

1922
Year Built
104 years old
10
Floors
68
Residential Units
C1-8X
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $14,047,200
Land Value: $1,791,000
Exemptions: $68,725

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,596 SF
Building Area: 112,398 SF
Built FAR: 7.7
Allowed FAR: 9

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,039 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1922, making it approximately 104 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10995868
First Listed: 2/20/2024
On Market: 2/20/2024
Price Changed: 12/23/2024
Closed: 12/5/2024
Contract Date: 2/15/2024

Listing Courtesy of Compass - Jeffrey Bua

Listing Contact: (917) 991-1792

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/27/2026 at 8:08 AM UTC

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