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It’s time for the swingers who like swapping and orgies to take their last turns at Le Trapeze.

Born in the shadow of Plato’s Retreat (which closed in 1985), the sex club has operated on East 27th Street since 1980, surviving recessions, AIDS and vice crackdowns. But the place can’t survive the booming real-estate market, and can’t afford a new lease.

One visitor to the mecca for open-minded couples and single women (single men are banned) said, laughingly: “After the last night, they are giving away all the furniture and pillows, and the mats from the Mat Room. Gross.”