1060 Park Avenue
1060 Park Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1014990032 · BIN 1046918
- Year built
- 1923
- Type
- Cooperative
- Units
- 88
- Floors
- 14
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Subletting by shareholders
- Permitted with conditions
- Maximum financing
- 50% of the purchase price
- Flip tax
- 2.5% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
- Financing
- Up to 50% financeable (50% minimum down).
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2025
- $1.5M
- 7 qualifying sales
- Recent range
- $525K – $3.1M
- Listing discount
- 3.4%
- Recorded transfers
- 103
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1060 Park Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
1060 Park Avenue, historically known as The Niagara, is a J.E.R. Carpenter apartment house at the northwest corner of Park Avenue and East 87th Street. This profile’s sources use both 1922–24 and 1923–24 construction ranges; confirm the precise milestone rather than treating either as a single completion year. Across 87th Street, 1050 Park is a 1922–23 Schwartz & Gross building.
Other nearby Park Avenue apartment houses include 1040, 1050, 1075, 1080, 1130, 1133, 1175 and 1185 Park. 1199 Park, dating to 1961, is a postwar comparison. Nearby cultural institutions include Cooper Hewitt, the Jewish Museum and the Guggenheim.
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.
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 (east exposure) look across the Park Avenue median plantings.
Building operations
The building converted to cooperative ownership in 1984. It reports 88 apartments, reduced through combinations from the original 92, across 14 stories. Reported facilities include four elevators, a garage, bike room, common laundry and full-time doorman; confirm current operations with management.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- 2.5% of Gross Sales Price
- Rate
- 2.5% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of October 2026
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $500 or $1,000 (Trust Purchase - if permitted by Corporation) | Refundable Not stated |
| Application Processing Fee for Co-applicant or GuarantorPer applicant | Paid by Buyer | When With the application | Amount $250 per Co-applicant/ Guarantor | Refundable Not stated |
| Credit Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Messenger Fee | Paid by Buyer | When With the application | Amount $75 | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When At closing | Amount $300 (if financing) | Refundable Not stated |
| Closing FeePer share | Paid by Seller | When At closing | Amount $800 ($850 without a Broker) plus $0.05 per share | Refundable Not stated |
| Lien Search Review Fee | Paid by Seller | When At closing | Amount $250 and up (Check payable to "Strook & Strook & Lavan LLP") | Refundable Not stated |
| Sale by an Estate or Trust - Closing FeePer share | Paid by Seller | When At closing | Amount $1,000 plus $0.05 per share | Refundable Not stated |
Sublet
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Shareholder | When With the application | Amount $75 | Refundable Not stated |
| Messenger Fee | Paid by Shareholder | When With the application | Amount $75 | Refundable Not stated |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $200 | Refundable Not stated |
| Credit Report FeeConditional · Per applicant | Paid by Subtenant | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
Refinance
2 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Financing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Financing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Ownership transfer
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Transfer Fee | Paid by Shareholder | When With the application | Amount Contact Transfer Agent for fee schedule | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 50% of the purchase priceSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $695 per room a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Garage, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $54,158/yr
- Per unit / month range
- $0 – $51
- Modeled exposure split equally across 88 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- Transfer Fee 2.5% of Gross Sales Price (Seller)
- Policies and fees
- Application Processing Fee $500 ($1,000 Trust); Closing Fee $800 ($850 without Broker) plus $0.05/share; Sublet Application Processing Fee $300; Max financing 50% of purchase price
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Jun 26, 2026 | 11E | 1 BR · 1 BA | $1,325,000 | -3.9% |
| May 7, 2026 | 3B | 1 BR · 1 BA | $460,000 | -8.0% |
| Sep 10, 2025 | 10B | 1 BR · 1 BA | $655,000 | -13.7% |
| May 14, 2025 | 14A | 2 BR · 2 BA | $1,537,500 | -3.9% |
| May 1, 2025 | 3D | 2 BR · 1 BA | $990,000 | -1.0% |
| Nov 25, 2024 | 12E | 1 BR · 1 BA | $950,000 | -3.6% |
| Nov 18, 2024 | 9F | 2 BR · 2 BA | $1,936,000 | +7.9% |
| Sep 23, 2024 | 7F | 2 BR · 1.5 BA | $2,200,000 | +10.3% |
Market read. $/sf is measured on the latest sales with reliable square footage (2023): a median $1,200/sf (floor-adjusted) across 2 sales. The building has traded as recently as 2026. Median listing discount 4.0% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Mar 7, 2008 | 3F | $1,450,000 |
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). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 1060 Park Avenue and nearby.
At the recent median sale of $990K (7 transfers in the past 24 months, since November 13, 2024), a buyer putting 50% down would pay about $11,025 to close, or 1.1% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,025
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 50% financing limit.
Keep up with 1060 Park Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 1060 Park Avenue.
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What to know if you’re buying
Confirm the board's current financing, liquidity, ownership, occupancy and subletting requirements from its governing documents and application instructions.
Renovation is constrained by historic district status.
What to know if you’re selling
Show the actual apartment. Document its layout, condition and outlook, using the building history above for neighborhood and architectural context.
Pricing requires apartment-level comparable analysis. The relevant comparable is the same line on a nearby floor, adjusted for condition, not a building-wide average.
Closing planning example. A 6–10-week contract-to-closing window is an estimate; confirm board, lender and scheduling requirements.
Comparable buildings
- 1050 Park Avenue — immediate neighbor south
- 1075 Park Avenue — Blum brothers 1921–22
- 1080 Park Avenue — Carnegie Hill pre-war peer
- 1133 Park Avenue — Nathan Korn 1923–24
- 1175 Park Avenue — Emery Roth 1924–25
- 1185 Park Avenue — Schwartz & Gross 1929
More Park Avenue buildings
- 1045 Park Avenue — 1923 co-op by Schwartz & Gross
- 1049 Park Avenue — 1919 co-op by Bottomley, Wagner & White
- 1050 Park Avenue — 1923 co-op by Schwartz & Gross
- 1065 Park Avenue (The Carlton Park) — 1969 co-op
- 1070 Park Avenue — 1928 co-op by Schwartz & Gross
- 1075 Park Avenue — 1921 co-op by George and Edward Blum
The neighborhood
For the full corridor — architecture, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 1060 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com