Cooperative · 1926
1035 Park Avenue
1035 Park Avenue, New York, NY 10028
Buildings·Cooperative

1035 Park Avenue

1035 Park Avenue, New York, NY 10028

At a glance
Year built
1926
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2025

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

3BR median
$3.1M
Recent range
$2.2M – $4.1M
Listing discount
8.9%
Recorded transfers
33

1035 Park Avenue is a quintessential Carnegie Hill prize: a statuesque 1926 pre-war cooperative on the avenue between 85th and 86th Streets, built with only two apartments per floor across roughly thirty homes. That floor plate is the whole story. Two-per-floor buildings are the pre-war ideal — semi-private elevator landings, large layouts, and the privacy that buyers at this level prize above almost everything else — and on Park Avenue in Carnegie Hill they are exactly the inventory that holds value through every cycle.

The architecture is appropriately dignified: a tall masonry composition anchored by a full limestone base that occupies the entire ground floor, giving the building the grounded, substantial presence the avenue expects. It is restrained rather than ornate, in the manner of the best 1920s Park Avenue houses, which built their quality into the plans and the proportions rather than the decoration.

For a buyer who wants a large, private, full-service pre-war apartment in the heart of Carnegie Hill — a block from Central Park, steps from Museum Mile — 1035 Park is precisely the kind of building that anchors a search.

Architecture and unit composition

The exterior is a confident pre-war statement: a fifteen-story masonry tower lifted by a full limestone base across the entire first floor, a detail that gives the building its statuesque, grounded presence on the avenue. The composition is restrained and well-proportioned, consistent with the Park Avenue / Carnegie Hill streetscape of the mid-1920s.

The two-per-floor configuration defines the residences. Roughly thirty homes across fifteen stories means large apartments with semi-private landings, gracious foyers, separated public and private wings, and the high ceilings and proportioned entertaining rooms of 1926 construction. These are family-scaled, layout-driven apartments — the kind that reward buyers who value the floor plate and the privacy as much as the address.

Building operations

1035 Park runs as a full-service cooperative with an attended lobby, a live-in superintendent, and basement storage. The building converted to cooperative ownership in 1983 and is owner-occupied. Admissions follow a conventional co-op board application and interview, with the board underwriting buyers to the conservative financial standard expected of a Park Avenue pre-war co-op; primary-residence ownership is the norm. With only about thirty shareholders, capital planning is deliberate and the building has the stable, closely held character that defines the best small two-per-floor co-ops.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$38,447/yr
Per unit / month range
$0 – $110
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
SWARMP
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
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
Dec 9, 20256B
3 BR · 3 BA
$3,600,000-8.9%
Oct 15, 202510B
3 BR · 2 BA
$2,450,000-1.8%
Sep 5, 202515A
3 BR · 3.5 BA
$4,100,620-21.9%
Aug 12, 202414B
3 BR · 2 BA · 2,000 sf
$2,495,000$1,248/sfoff-mkt
Dec 13, 20229B
3 BR · 2.5 BA · 2,000 sf
$3,130,000$1,565/sf-7.8%
Apr 13, 20227B
3 BR · 2 BA
$3,150,000-1.4%
Jan 29, 202010A
3 BR · 3 BA
$3,400,000-2.7%
Dec 22, 201716B
3 BR · 2.5 BA
$3,375,000-6.1%

Market read. Most recent trades (2024) cleared a median $1,248/sf across 1 sale. Median listing discount 3.5% 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.

6B+57%
$2,295,000 2004$3,450,000 2008$3,600,000 2025
7B+23%
$2,560,000 2011$3,150,000 2022
11B+22%
$2,575,000 2006$3,137,000 2017
16B-1%
$3,417,000 2007$3,725,000 2016$3,375,000 2017

Other recent transfers

DateUnitPrice
May 30, 202415A$2,175,000
Jul 11, 202312B$3,110,000
Mar 1, 20225B$2,950,000
Sep 16, 201315A$4,000,000
May 2, 20137A$1,513,688
Jan 30, 2012PH$4,350,000
View all 33 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 1-01514-0069) 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

Buy the floor plate. In a two-per-floor building, the privacy of a semi-private landing and the scale of the layout are the core of the value — read the apartment for the foyer, the public-room flow, the bedroom-wing separation, and the exposure. Higher floors and the best light are the rarest and most competitive when they appear. Come prepared for a conventional co-op board package and interview, plan financing to a conservative standard, and budget for standard New York co-op closing costs. The live-in super and attended lobby are exactly the operations you want in a small Park Avenue pre-war co-op.

What to know if you’re selling

Sell the privacy and the address. Two apartments per floor, a full limestone base, and a Carnegie Hill Park Avenue location a block from Central Park are durable differentiators that distinguish the building from larger, more anonymous stock. Price against the building's own recent trades and the upper tier of comparable Park Avenue pre-war co-ops, and stage to let the foyer, the scale, and the light read. In a thirty-unit two-per-floor building, a clean, board-ready package and a well-priced, smooth sale protect the value of the next one.

Comparable buildings

If you're considering 1035 Park Avenue, these nearby Carnegie Hill Park Avenue co-ops make a useful comparison set:

The Roebling Team at 1035 Park Avenue

The Roebling Team at Compass specializes in Park Avenue, Carnegie Hill, and the broader Upper East Side pre-war market. Small two-per-floor cooperatives like 1035 Park reward building-specific knowledge: how the layouts price, how the board reads a package, and where each apartment sits against a thin, high-quality comparable set. Whether you're buying or selling here, a focused consultation is the right first step.

Considering a move at 1035 Park Avenue?

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