- Year built
- 1923
- Type
- Cooperative
- Units
- 88
- Floors
- 14
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Carnegie Hill pre-war cooperatives)
- Financing
- Up to 50% financeable (50% minimum down).
Compiled by The Roebling Research Desk from building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.5M
- Recent range
- $525K – $3.1M
- Listing discount
- 3.6%
- Recorded transfers
- 87
1060 Park Avenue — known historically as The Niagara — is one of two J.E.R. Carpenter-designed pre-war cooperatives anchoring the Park Avenue / East 87th intersection. 1060 Park (northwest corner) and 1050 Park (southwest corner) together form a Carpenter "book-end" pair completed in 1923–24, at the early peak of Carpenter's Park Avenue / Fifth Avenue luxury apartment-house era. The building's positioning between East 87th and East 88th Streets places 1060 Park at the heart of the Carnegie Hill Park Avenue cluster, within walking proximity to the Cooper Hewitt Smithsonian Design Museum, the Jewish Museum, the Guggenheim, and the broader Museum Mile cultural concentration.
The 1923–24 vintage and the building's position in the Park Avenue Carnegie Hill cluster (1040, 1050, 1060, 1075, 1080, 1130, 1133, 1175, 1185, 1199 Park) places 1060 Park within the most architecturally consequential single-corridor / single-decade construction concentration in American residential history. The Carnegie Hill identity is anchored by its pre-war cooperative inventory, its cultural-institution proximity, and its consistent residential character across more than a century.
Truman Capote took an apartment at 1060 Park in 1952. The cultural memory of the building is partly bound up in his early-career residency.
For buyers, 1060 Park represents a particular tier of central Carnegie Hill Park Avenue inventory: pre-war architectural credentialing, central Carnegie Hill positioning at the heart of Museum Mile, and pricing materially more accessible than the trophy Lenox Hill Gold Coast peak.
Architecture and unit composition
The building's pre-war Park Avenue vintage indicates the standard 1920s luxury cooperative idiom: limestone-clad base, brick body above, classical detailing, formal canopied entrance. 10–11 foot ceilings, formal entry galleries, library-living combinations, primary suites with closet infrastructure, service wings characteristic of 1920s design.
Park Avenue-facing apartments (west exposure) look across the Park Avenue median plantings.
Building operations
1060 Park Avenue operates as a full-service pre-war cooperative. Specific operational details should be confirmed directly with property management during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $30,867/yr
- Per unit / month range
- $0 – $29
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 16, 2025 | 10B | 1 BR · 1 BA | $655,000 | -13.7% | |
| May 19, 2025 | 14A | 2 BR · 2 BA | $1,537,500 | -3.9% | |
| May 6, 2025 | 3D | 2 BR · 1 BA | $990,000 | -1.0% | |
| Dec 3, 2024 | 12E | 1 BR · 1 BA | $950,000 | -3.6% | |
| Nov 21, 2024 | 9F | 2 BR · 2 BA | $1,936,000 | +7.9% | |
| Jun 2, 2025 | 7F | 2 BR · 1.5 BA | $2,200,000 | +10.3% | |
| Nov 24, 2023 | 12D | 2 BR · 1 BA · 1,000 sf | $1,490,000 | $1,490/sf | -0.7% |
| Aug 17, 2023 | 11E | 1 BR · 1 BA | $1,050,000 | -3.2% |
Market read. Most recent trades (2023) cleared a median $1,194/sf across 2 sales. Median listing discount 5.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 5, 2025 | 9C | $1,275,000 |
| Mar 7, 2023 | 14F | $2,375,000 |
| Jun 1, 2022 | 9A | $570,000 |
| Feb 2, 2021 | 10128 | $590,000 |
| Jun 5, 2018 | 9F | $1,317,500 |
| May 13, 2016 | 12D | $1,400,000 |
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 1-01499-0032) 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
Central Carnegie Hill positioning at the heart of Museum Mile.
Pricing is more accessible than trophy Lenox Hill peers.
Confirm specific policies directly with management.
Board approval follows tier-one Carnegie Hill norms.
Renovation is constrained by historic district status.
What to know if you’re selling
Carnegie Hill Museum Mile positioning is the primary marketing asset.
Pricing requires apartment-level comparable analysis.
Closing timelines are co-op standard. 6–10 weeks.
Comparable buildings
- 1050 Park Avenue — immediate neighbor south
- 1075 Park Avenue — Blum brothers 1929
- 1080 Park Avenue — Carnegie Hill pre-war peer
- 1133 Park Avenue — Schwartz & Gross 1928
- 1175 Park Avenue — Schwartz & Gross 1925
- 1185 Park Avenue — Schwartz & Gross 1929
The Roebling Team at 1060 Park Avenue
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Park Avenue Carnegie Hill buyers and sellers deserve building-specific intelligence.
If you're considering a purchase or sale at 1060 Park, a 30-minute consultation is the right starting point.