Cooperative · 1928
1001 Park Avenue
1001 Park Avenue, New York, NY 10028
Buildings·Cooperative

1001 Park Avenue

1001 Park Avenue, New York, NY 10028

At a glance
Year built
1928
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

Studio median
$604K
Recent range
$540K – $9M
Listing discount
4.7%
Recorded transfers
21

1001 Park Avenue is a quietly distinguished prewar cooperative on the corner of Park Avenue and East 84th Street, in the part of Carnegie Hill where Park Avenue is at its most residential and refined. Built in 1928–1929 to designs by Pennington & Lewis, it is exactly the kind of building the avenue is famous for: a full-service prewar co-op of generous, low-density apartments, anchored to the street by a limestone base and faced above in warm, honey-colored brick laid in clean vertical bays.

The defining fact about the building is its scale. Across fourteen stories it holds only about two dozen residences — one of the very lowest unit counts on Park Avenue. That translates directly into what buyers come to this avenue for: large, full-floor-feeling apartments, near-private elevator service, and the discreet, owner-run atmosphere that only a small co-op delivers. Apartments here are sized and finished to compete with the avenue's best.

Its place within the Park Avenue Historic District, designated in 2014, protects both the building's own masonry composition and the unbroken wall of prewar co-ops that gives this stretch of the avenue its singular, settled grandeur. A home here is a stake in one of Manhattan's most enduring addresses.

Architecture and unit composition

Pennington & Lewis designed 1001 Park in the restrained, dignified register that defined Park Avenue's late-1920s building boom. The limestone base grounds the building; above it, the honey-toned brick rises in vertical rows that give the elevation a subtle, ordered rhythm before resolving at the crown. It is architecture meant to read as permanent and quietly expensive — never flashy, always substantial.

Behind the façade, the building's low unit count produces the layouts that make it special: large prewar apartments with the gracious entry galleries, separate dining rooms, generous principal rooms, and real ceiling heights that 1929 construction provided. With so few homes spread across fourteen floors, most apartments enjoy abundant light and multiple exposures, and the sense of privacy is closer to that of a townhouse than a typical apartment building.

Building operations

1001 Park Avenue runs as a white-glove cooperative. A full-time doorman and a live-in resident manager provide the level of service expected at this address, and the small house atmosphere means staff know every resident. The building maintains an attended lobby, a central laundry, and private storage. Pets are welcome in the building.

As a long-established Park Avenue co-op, 1001 Park is run conservatively, with the strong financials and careful capital planning that protect a nearly century-old building. Boards of this caliber typically expect substantial cash purchases or limited financing and review applicants closely; we walk buyers through the building's specific requirements as part of preparing an offer. The combination of low density, full staffing, and disciplined governance is precisely what sustains value at the top of the avenue.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$23,891/yr
Per unit / month range
$0 – $87
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$500 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Apr 24, 20266N
2 BR · 2 BA
$1,600,000-5.6%
Jun 20, 20248THFLOOR/
5 BR · 6 BA
$12,250,000+2.1%
Feb 17, 202212S
3 BR · 2.5 BA
$3,050,000-12.9%
Jan 15, 20215N
2 BR · 3 BA
$1,950,000-2.3%
Sep 3, 20203/4N
4 BR · 5 BA
$5,525,000-10.2%
Jun 26, 2019PH
3 BR · 3 BA
$6,400,000+6.8%
Jun 19, 20196S
3 BR · 3 BA · 2,500 sf
$3,050,000$1,220/sf-4.7%
Jul 23, 20183S
3 BR · 3 BA
$2,925,000-0.8%

Market read. Most recent trades (2019) cleared a median $1,220/sf across 1 sale. Median listing discount 2.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

12S · 2,200 sf+45%
$2,100,000 ($955/sf) 2004$3,050,000 ($1,386/sf) 2022
5N-13%
$2,250,000 2006$1,950,000 2021

Other recent transfers

DateUnitPrice
May 21, 202611$9,000,000
Sep 19, 20241N$539,698
Sep 19, 20242N$603,857
Jun 20, 20247S$12,250,000
Nov 21, 201714N$2,250,000
Nov 19, 20134S$3,975,000
View all 21 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01513-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

This is a prewar cooperative at the discreet end of Park Avenue, which means a thorough board package and interview and, typically, a strong cash position. The reward is real: a large, full-service apartment in a building of only about two dozen homes, with the privacy, light, and quiet that low density delivers, inside a protected historic district.

Apartments here are bought for the long term. We help buyers understand the board's expectations, read the building's financials and reserve posture, and benchmark the home against the small set of comparable Park Avenue co-ops — the only honest way to value an apartment in a building that trades this seldom.

What to know if you’re selling

Scarcity is the seller's greatest asset here. With so few apartments and infrequent turnover, a well-presented home at 1001 Park meets limited competition and a buyer pool that specifically seeks large, low-density prewar living on the avenue. The Pennington & Lewis pedigree, the historic-district setting, and the building's full-service character are all durable selling points.

Pricing must be set against the avenue's low-density prewar peers, with adjustments for floor, exposure, and renovation level. A move-in-ready apartment with strong light and intact prewar proportions will command the top of the range. We position each listing precisely, prepare it to show at the level the address demands, and manage the board process to a confident close.

Comparable buildings

If you're considering 1001 Park Avenue, also evaluate these nearby Park Avenue prewar co-ops:

The Roebling Team at 1001 Park Avenue

The Roebling Team at Compass specializes in Park Avenue, the Upper East Side, Carnegie Hill, and the broader prewar cooperative market. We publish this profile because buyers and sellers evaluating a building like 1001 Park Avenue deserve building-specific intelligence — the architecture, the board posture, the amenity package, and where the pricing sits against the avenue's low-density prewar stock.

If you're weighing a purchase or sale here, a 30-minute consultation is the right starting point.

Considering a move at 1001 Park Avenue?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com