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116 E 68th St

116 E 68th St

116 E 68th St
Condominium Building
The Costar Building Rating

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90 Units
11 Stories
1931 Year Built

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • East Side Elementary School, P.S. 267 Rated A
  • Rooftop Deck
  • City View
  • Resident Manager or Management On Site
  • Controlled Access

Classic Upper East Side Historic District luxury co-op with prewar appeal

Early 20th-century architect Andrew J. Thomas was known for erecting low-cost apartment complexes with ample green space, creating innumerable garden-style developments on the Lower East Side, in Harlem and throughout Queens. “The benefits of the gardens in Thomas designs are apparent when it is remembered that the streets were the only playground of New York children, including the children of the rich; even the luxurious Park Avenue apartment houses made a poor showing in this respect,” architectural critic John Taylor Boyd Jr. wrote in a 1993 Jackson Heights Historic District designation report.

One of the best examples of his then-revolutionary approach is the particularly luxurious and iconic 116 E. 68th St co-op, otherwise known as Milan House. Conceived by Thomas for major developer John D. Rockefeller Jr. in 1931, this prestigious Lenox Hill address — a marked departure from the architect’s robust portfolio of affordable housing projects — stands out with its internal French and Italian Renaissance-style courtyard. This lush garden connects two mirrored 11-story Italianate structures; some of the first to be landmarked as part of the Upper East Side Historic District in the mid-1980s. The thru-block complex comprises 90 sizable units, replete with sumptuously introduced and well-preserved prewar architectural detailing but contemporary updates as well. “They’re very masterfully done buildings with huge proportions and graciously laid-out classic six and seven residences,” says Frances Katzen, head of the Katzen Team at Douglas Elliman. “It also has full white glove service with a live-in manager, full-time door attendants and another gentleman that opens and closes the door.”

A courtyard seemingly from another place and time enjoyed by noted residents

“Milan House comes complete with carved monsters, grotesques, florid capitals atop colonettes and wonderful multipaned steel casement windows, one of the few distinguished apartment buildings to retain this elegance,” Norval White writes in the AIA Guide to New York City Fifth Edition. “The midblock Italian garden court between the wings, barely visible through the entry doors, is an urban dream.” Thomas wasn’t a fan of classicist or historicist styles and so translated his love of Italian architecture through a far more pared-back Art-Deco lens here. The grand lobby resembles a Tuscan villa with brown marble floors, hexagonal pattern plasterwork ceilings and an intricately detailed glass door that leads out onto an arched semi-enclosed gallery, patio and a split staircase framing the verdant garden. The same configuration is repeated on the other side. There are entrances on both East 67th and East 68th streets. Over the years, 116 E. 68th St. has been home to noted businesspeople including Chemical Bank chairperson Frank K. Houston, as well as revered scientists such as Simon Flexner, the first director of the Rockefeller Institute for Medical Research

Sprawling classic six and seven residences and a few combined duplexes

While two-bedrooms range from $1.9 million to $2.3 million — depending on condition and square footage — three-bedrooms go for upwards of $3 million. On the market for that price with Katzen in fall 2024, unit 2C is a cleverly outfitted, triple-exposure residence with a careful interplay of eclectic furnishings and finishes but also restored prewar architectural elements: high ceilings with beamed detailing, elaborate crown molding and parquet de Versailles flooring. The oversized living room is punctuated by a wood-burning fireplace wrapped in antique French marble and a mirror-clad hearth. The bookcase-enclosed dining room overlooks the picturesque courtyard garden below. “The current owners restored the usability of an eat-in kitchen with the elegance of old-school black and white tile and kept the bones of the space classic,” Katzen adds. This separate space is also equipped with the latest stainless-steel appliances. Though there’s a sizable laundry room in the basement, the residence is outfitted with an in-unit washer/dryer.

The building also incorporates a handful of combined duplexes with grand staircases. These fetch $5.5 million on average and sometimes feature setback-anchored terraces. The massive full-floor, five-bedroom penthouse — last sold for $8.7 million — features a wrap-around balcony. There’s a $43.71 per-share assessment in place for exterior restorations being carried out through 2025. Windows were recently replaced for better acoustic buffering. The co-op permits 50% financing. Each residence comes with a basement-level storage unit.

Ideal location in the center of prestigious Lenox Hill

The complex is right across the street from the Park Avenue Armory, a multipurpose venue with a robust annual program of art fairs, performances, installations and other events. Hunter College is also right next door, which can sometimes account for additional noise at odd hours and overcrowding at the adjacent 68th Street subway, served by the local 6 train. Residents that keep cars at nearby garages can access the Queensboro Bridge at East 59th Street and the FDR Drive highway from onramps at the end of East 62nd and East 63rd streets.

Though 116 E. 68th St. is in a quieter, less commercial pocket of the Upper East Side, there are several long-established restaurants and bars in proximity. They include a number of upscale Italian eateries such as Avena, Barbaresco and slightly more low-key Mediterraneo. Le Charlot is a locally beloved French bistro. While Madison Avenue — starting from East 70th Street and moving north — abounds with premium fashion boutiques and blue-chip galleries, Third and Second avenues are lined with big-box stores and essential service businesses. The closest grocery store is Whole Foods, two blocks east. The main draw of the area, undoubtedly, is Central Park and its 843 acres of activity-rich green space. The Central Park Zoo and historic Mall promenade are nearby. Residents can access the park’s especially rigorous bike and jogging loop road from East 72nd Street.

Available Condos

No units matching this criteria are available right now.

Building Details

Outdoor Features

  • Courtyard

Amenities

  • City Views
  • Doorman
  • Rooftop Deck
  • Resident Manager or Management On Site
  • Controlled Access

Condo Association

  • $6,544 Monthly HOA Fees
  • Monthly HOA Fees Range from $5,943 - $6,690

Building Design

  • Co-Op
  • High-Rise Condominium

Unit Features

  • Laundry in unit
  • Washer Hookup

Unit Information

Unit
5B
Beds
3 Beds
Baths
3 Baths
Sq Ft
--
Price
$3,995,000
Price / Sq Ft
--
List Date
04/15/2025

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Very Bikeable

Bike Score®

79 / 100

Walker's Paradise

Walk Score®

98 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

61 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

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