Cooperative · 1969
The Carlton Park
1065 Park Avenue, New York, NY 10128
Buildings·Park Avenue·Cooperative

1065 Park Avenue (The Carlton Park)

1065 Park Avenue, New York, NY 10128

CorridorPark Avenue
At a glance
Year built
1969
Type
Cooperative
Units
110
Floors
30
Landmark
Designated

1065 Park Avenue — marketed as The Carlton Park — is one of the architecturally distinctive post-war Park Avenue commissions and one of three post-war buildings on the corridor specifically recognized by the Historic Districts Council's "Six to Celebrate" program. The 30-story Stephen C. Lyras-designed tower was constructed between 1969 and 1973 in the modernist tower-in-the-park idiom — set back from Park Avenue's lot line behind a small landscaped plaza, with a deep arcade producing the building's distinctive ground-floor architectural argument.

The tower-in-the-park architectural composition was a direct product of New York City's 1961 zoning resolution, which encouraged free-standing towers with surrounding public amenities (plazas, arcades, landscaped open spaces) in exchange for the bulk-and-height bonuses that would otherwise have produced street-wall construction at the lot line. The Park Avenue residential corridor produced only a small number of tower-in-the-park residential commissions — 1065 Park is among the most architecturally consequential — and the building's structural distinction from the corridor's broader pre-war street-wall tradition is meaningful.

The Historic Districts Council's "Six to Celebrate" Park Avenue 2015–16 recognition specifically identified 1020 Park (Gustave W. Iser, 1962), 1036 Park (Wechsler & Schimenti, 1963), and 1065 Park (Lyras, 1969–73) as the three architecturally consequential post-war buildings within the broader Park Avenue Historic District. The HDC recognition explicitly addressed the architectural significance of the post-war Park Avenue building boom — the 1955–1975 building cycle that produced approximately 15 substantial new residential buildings on the corridor and that the LPC's 2014 Park Avenue Historic District designation specifically protects as contributing context within the corridor's architectural identity.

Stephen C. Lyras's prior partnership in Kokkins & Lyras produced 650 Park Avenue (1963) and 16 Sutton Place. The Carlton Park represents the firm's late-career solo work and a structurally distinct architectural argument from the firm's 1963 650 Park commission — modernist tower-in-the-park rather than the white-glazed-brick mid-century idiom at 650.

The 30-story scale is among the taller residential commissions in the Carnegie Hill section of Park Avenue. The 110-apartment count places the building among the more institutionally scaled post-war cooperatives on the corridor.

Architecture and unit composition

The 110 cooperative apartments distribute across the building's 30 stories in configurations ranging from one-bedroom apartments through three-bedroom configurations. The modernist tower-in-the-park architectural composition produces apartment configurations with the layout discipline of the late-1960s building cycle — substantial floor-to-ceiling glazing on the upper-floor apartments, full-width exposures, and the architectural finish specifications characteristic of the 1969–73 luxury construction.

Recent CityRealty closings have included Unit 9A at $1,712,500 (July 2024), Unit 7BC at $2,600,000 (May 2024), and Unit 9C at $620,000 (March 2024). Three-year median pricing has run at approximately $1,087 per square foot with median time-on-market of 168 days.

Building operations

The Carlton Park operates as a full-service cooperative with full-time doorman, concierge, and live-in superintendent. The amenity infrastructure includes central laundry, bike storage, and common storage; central air-conditioning is standard across the apartment inventory. The building does not carry an on-site garage; nearby commercial parking serves the corridor.

The landscaped plaza and deep arcade — the architectural products of the building's 1961 zoning tower-in-the-park concession — function as both architectural amenities and ground-floor public-space infrastructure.

What to know if you’re buying

The Stephen C. Lyras architectural pedigree is real. Among the corridor's most architecturally consequential post-war commissions; HDC "Six to Celebrate" recognition is a real institutional credential.

The tower-in-the-park architectural composition is structurally distinctive. Among the few residential commissions on Park Avenue executed in this architectural idiom; the surrounding landscaped plaza and arcade are real architectural features.

The 30-story scale produces substantial upper-floor exposures. Apartment views from the upper floors look out across Carnegie Hill and the broader Upper East Side; Park Avenue exposures look across the avenue.

The HDC "Six to Celebrate" Post-War Park Avenue recognition is institutional. Recognition is for the architectural significance of the post-war Park Avenue building boom, not for individual building age — and explicitly places 1065 Park alongside 1020 Park and 1036 Park as the corridor's architecturally consequential post-war commissions.

Confirm operational specifics during due diligence. Specific board approval framework, financing structure, flip tax, sublet policies, post-closing liquidity requirements, and the LL11 façade cycle on the 1969–73 vintage should be reviewed against current management documents.

Closing timelines are cooperative-standard. Plan for 6–10 weeks from contract through board approval to closing.

What to know if you’re selling

Marketing should emphasize the Lyras architectural credential and the HDC recognition. Both are real institutional credentials within the broader Park Avenue corridor.

The tower-in-the-park architectural composition is structurally distinguishing. A real marketing point that distinguishes the building from peer Park Avenue cooperative inventory.

Pricing requires apartment-level comparable analysis. Recent comparables in the $1,087 per square foot range provide a baseline; specific apartment-line variation should anchor positioning.

Closing timelines are cooperative-standard.

Comparable buildings

If you're considering 1065 Park Avenue, also evaluate:

  • 650 Park Avenue — Kokkins & Lyras 1963; the second Lyras-firm Park Avenue commission
  • 1020 Park Avenue — Wechsler & Schimenti 1962; HDC "Six to Celebrate" peer
  • 1036 Park Avenue — Wechsler & Schimenti 1963; HDC "Six to Celebrate" peer
  • 1075 Park Avenue — Blum brothers 1929; pre-war Park Avenue peer
  • 1130 Park Avenue — pre-war Park Avenue peer

The Roebling Team at The Carlton Park

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 — architectural attribution, board context, and pricing at the apartment level.

If you're considering a purchase or sale at 1065 Park, a 30-minute consultation is the right starting point.

Considering a transaction at The Carlton Park?

A 30-minute consultation is the right starting point.

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