The Savoy (111 East 85th Street)

The roughly 160 apartments are distributed across thirty stories in the regular, repeating floor plates characteristic of 1971 high-rise construction. Postwar towers of this scale typically present a clear menu of one-, two-, and three-bedroom lines that recur from floor to floor, simplifying internal comparison — a real benefit when pricing an apartment against its own building.

Postwar signatures to expect: efficient rectangular rooms with the minimal wasted space Birnbaum was known for, generous closet provisioning, and large windows that, on the upper floors of a thirty-story tower, deliver genuinely open light and city views in multiple directions. The building's height is its architectural calling card — upper-floor apartments enjoy exposures that the surrounding pre-war fabric simply cannot match, and the roof terrace extends that outlook to every resident.

Condition varies across a building of this size and age; renovated and original apartments coexist, and buyers should assess each apartment's line, exposure, floor altitude, and renovation history individually.

The Savoy operates as a full-service postwar cooperative with a 24-hour doorman and concierge, valet service, and a live-in resident manager. The amenity package is the building's competitive edge: an on-site garage reachable directly from the lobby, an expansive landscaped roof terrace with 360-degree views across the Manhattan skyline, a bike room, private storage, and on-site laundry. The roughly 160-unit scale supports professional staffing; compare the apartment's current maintenance with similar co-ops, accounting for the services included.

On building rules, two facts matter to most buyers and sellers: the building is pet-friendly, and there is no flip tax — a notable advantage that improves seller economics and is frequently highlighted in the building's resales. Review the Savoy's current financing and sublet rules with management; a building's era does not tell you its rules.

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.

Market read. Most recent trades (2025) cleared a median $1,408/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01514-0008). 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; square footage on co-ops is not officially recorded, figures shown are approximate.

Light, views, and amenities are the postwar advantage. A thirty-story tower on a low-rise block delivers exposures the pre-war neighbors cannot, and the garage and roof deck are genuine differentiators in Carnegie Hill.

No flip tax and a pet-friendly policy. Both improve the practical economics and livability versus much of the surrounding inventory.

Carnegie Hill location. A prime block a short walk from Central Park. Confirm the building's financing and sublet rules directly; do not assume them from the building's age.

Floor altitude drives pricing. In a tall tower, the difference between low and high floors is substantial; weigh it carefully.

Condition varies by apartment. Budget for apartment-specific assessment across a 160-unit postwar building.

Lead with the roof deck, the garage, and the no-flip-tax economics. These are the building's clearest competitive edges against pre-war inventory and against postwar peers that carry a transfer fee.

Line- and floor-specific comparables are decisive. With recurring floor plans across thirty stories, same-line and adjacent-floor trades are the cleanest pricing evidence.

Highlight the Carnegie Hill address and Central Park proximity. Buyers searching the neighborhood will weigh The Savoy against pre-war alternatives; the location parity is a selling point.

Closing timelines are co-op standard — generally six to ten weeks from contract to closing.

If you're considering The Savoy, also evaluate:

• the Lucida (151 East 85th Street) — modern full-service building on the same block
• 205 East 85th Street — nearby Carnegie Hill elevator building
• 35 East 85th Street — nearby Carnegie Hill cooperative
• 64 East 86th Street — nearby Carnegie Hill full-service building
• the Kent (200 East 95th Street) — full-service Carnegie Hill building
• 1100 Park Avenue — nearby Carnegie Hill pre-war co-op