1111 Park Avenue
1111 Park Avenue, New York, NY 10128
- Year built
- 1925
- Type
- Cooperative
- Units
- 85
- Landmark
- Designated
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $2.8M
- Recent range
- $2.5M – $4.7M
- Listing discount
- 4.5%
- Recorded transfers
- 50
1111 Park Avenue is one of Carnegie Hill's distinguished pre-war cooperatives — a 1925 Schwartz & Gross commission anchoring the corner of East 90th Street, deep in the quietest and most family-oriented stretch of upper Park Avenue. Schwartz & Gross were among the defining architects of the 1920s Manhattan apartment house, and their Park Avenue and Central Park West buildings established much of the avenue's pre-war grammar: the limestone base, the warm brick body, the restrained classical ornament, and the generous, gallery-organized apartment plan.
The 1925 vintage places 1111 Park squarely in the great Park Avenue building decade, when the avenue completed its transformation from a railroad-shadowed thoroughfare into the most prestigious residential corridor in the city. Carnegie Hill — broadly the Park Avenue blocks from the high 80s into the 90s — has long held a particular reputation: slightly quieter and more residential than the Lenox Hill tier to the south, with a strong concentration of schools, the proximity of the Cooper Hewitt and the upper Museum Mile, and a settled, owner-occupied character. The corner siting at 90th Street gives the building the cross-street light and the open southern and eastern exposures that pre-war buyers prize.
For buyers, 1111 Park offers the full pre-war Carnegie Hill proposition: Schwartz & Gross architectural pedigree, an intimate roughly 85-apartment scale that keeps the building's culture cohesive, white-glove service, and a protected historic-district setting — at pricing that typically sits below the Candela and Roth apex of the Lenox Hill tier-one cluster to the south while delivering comparable pre-war substance.
Architecture and unit composition
The roughly 85 apartments span fourteen stories in the larger-format configurations characteristic of upper Park Avenue. The building's average footprint — generous even by pre-war standards — points to a unit mix weighted toward substantial two-, three-, and four-bedroom homes, with full-floor and high-floor configurations among the most coveted.
Pre-war signatures throughout: ceiling heights in the ten-foot range in the primary rooms, formal entrance galleries, separate dining rooms, wood-burning fireplaces in many apartments, spacious primary suites with period closet infrastructure, and service wings characteristic of 1925-era luxury planning. The corner positioning produces a range of exposures; upper-floor apartments capture open light and, on the higher floors, distant views across Carnegie Hill's low-to-mid-rise fabric.
As with any pre-war cooperative, condition varies — meticulously restored apartments coexist with original-condition homes awaiting renovation. Buyers should assess ceiling height, exposure, layout integrity, and renovation history at the apartment level.
Building operations
1111 Park Avenue operates as a white-glove full-service cooperative. The staff is deep for a building of this scale: full-time doormen and concierge, porters, and a live-in superintendent. Resident amenities include a fitness gym reserved for shareholders, a central laundry, a bicycle room, and private storage — with storage allocation (typically a cube and a half) transferring to the buyer at closing. The roughly 85-unit scale produces an intimate, cohesive shareholder community and the kind of attentive service that smaller pre-war buildings sustain well.
On building rules, the board is welcoming where it counts for daily life: pets are permitted. The cooperative carries a 2% flip tax paid by the buyer, with a reduced 0.5%-of-gross-sale-price flip tax for long-tenured shareholders — a structure that rewards owners who have held for many years. Renovation is governed by the building's house rules and by its location within the Carnegie Hill Historic District, which the board reviews with attention to preservation of original detail.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
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.
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 →Management & transfer contacts
- Flip tax
- 2% of purchase price (Buyer)
- Sublet policy
- Allowed; 15% of monthly maintenance and rental income sublease fee
- Pied-à-terre
- Not Allowed
- Notable fees
- Application Processing Fee $600 ($1,000 Trust); Move In Fee $2,500; Health Club Membership $1,500; Max financing 50%; Pets Allowed
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 |
|---|---|---|---|---|---|
| Jun 22, 2026 | 8C | 3 BR · 3.5 BA | $2,800,000 | -1.8% | |
| Sep 8, 2025 | 14A | 3 BR · 3 BA | $4,676,000 | -6.4% | |
| Jan 18, 2024 | 13A | 3 BR · 3 BA | $2,875,000 | -2.5% | |
| Aug 21, 2023 | 3C | 3 BR · 2.5 BA | $2,550,000 | -14.3% | |
| Nov 4, 2022 | 10B | 4 BR · 3 BA | $4,937,500 | -8.6% | |
| Aug 9, 2022 | 5A | 3 BR · 3 BA | $3,450,000 | +8.0% | |
| Oct 15, 2021 | 7B | 4 BR · 3.5 BA | $7,725,000 | -9.1% | |
| Sep 30, 2021 | 10-D | 2 BR · 2 BA · 1,800 sf | $1,775,000 | $986/sf | -1.1% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $986/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 6.0% 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 |
|---|---|---|
| Feb 22, 2021 | 9A | $1,500,000 |
| Mar 1, 2019 | 10C | $2,395,000 |
| May 17, 2018 | 7D | $3,700,000 |
| Jul 30, 2013 | 8D | $4,350,000 |
| Jun 27, 2013 | 7F | $999,000 |
| Dec 7, 2010 | 14G | $665,000 |
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 1-01518-0069) 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
Schwartz & Gross pre-war architecture and the Carnegie Hill setting are the core. The 1925 vintage, the limestone-and-brick composition, and the protected historic district define the value.
The building lives easily for families and pet owners. Pets are welcome, the resident gym and storage are genuine conveniences, and the corner light is a real asset.
Budget for the flip tax. The 2% buyer-paid flip tax should be carried in your closing math; sellers who have held the apartment a long time pay only 0.5% of gross price.
The intimate scale is a feature. A roughly 85-unit building sustains a cohesive culture and attentive service, at the cost of thinner internal comparable data.
Renovation is reviewed for preservation. Historic-district status and the board's attention to original detail govern scope.
What to know if you’re selling
Lead with pedigree and address. Schwartz & Gross authorship, the 1925 vintage, the corner-90th Carnegie Hill positioning, and the white-glove operation are the marketing assets.
Pricing requires apartment-level comparable analysis. With a small unit count, floor altitude, exposure, layout, and renovation history all carry outsized weight.
Pre-war detail commands a premium. Intact galleries, ceiling height, fireplaces, and well-executed renovations should be foregrounded.
Closing timelines are co-op standard — generally six to ten weeks from contract to closing.
Comparable buildings
If you're considering 1111 Park Avenue, also evaluate:
- 1100 Park Avenue — adjacent Carnegie Hill pre-war cooperative
- 1112 Park Avenue — neighboring Carnegie Hill peer
- 1120 Park Avenue — nearby Carnegie Hill pre-war co-op
- 1095 Park Avenue — Carnegie Hill pre-war peer
- 1185 Park Avenue — Schwartz & Gross courtyard building nearby
- 1175 Park Avenue — Carnegie Hill pre-war peer
The Roebling Team at 1111 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 buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 1111 Park Avenue, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
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