1111 Park Avenue
1111 Park Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015180069 · BIN 1048136
- Year built
- 1925
- Type
- Cooperative
- Units
- About 85
- Landmark status
- Not an individual landmark; in the Park Avenue Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Not permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 50% of the purchase price
- Flip tax
- 2% of the purchase price, paid by the buyer
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median, 2023–2026
- $2.8M
- 4 qualifying sales
- Recent range
- $2.5M – $4.7M
- Listing discount
- 4.5%
- Recorded transfers
- 53
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1111 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.
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, white-glove service, and a Carnegie Hill setting within the Park Avenue Historic District. Compare recent sales with apartments of similar size, condition and floor in nearby Park Avenue pre-war co-ops, including the Candela and Roth buildings to the south, rather than assuming a pricing tier.
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.
On building rules, the board is welcoming where it counts for daily life: pets are permitted. Building management's published schedule (August 2026) sets a 2% flip tax paid by the buyer; a reduced 0.5%-of-gross-sale-price rate for long-tenured shareholders has also been reported, and who pays it, and after how long a hold, should be confirmed against the current schedule. Renovation is governed by the building's house rules and alteration agreement, and because the building is within the Park Avenue Historic District, exterior work also needs LPC approval.
Application and transaction fees
Fees below are from building management's published schedule, as of August 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% of the Purchase Price
- Rate
- 2% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of August 2026
Purchase
10 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $600 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 |
| Background 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 |
| Financing FeeConditional | Paid by Buyer | When With the application | Amount $150 (if financing) | Refundable Not stated |
| Monthly Membership Fee | Paid by Buyer | When With the application | Amount $80 | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
| Processing Fee | Paid by Seller | When With the application | Amount $500 | Refundable Not stated |
| Move In Fee | Paid by Buyer | When At closing | Amount $2,500 | 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 |
| Health Club Membership | Paid by Buyer | When With the application | Amount $1500 (check payable to "1111 Health Club") | Refundable Not stated |
Sublet
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Lead Based Paint Disclosure Fee | Paid by Shareholder | When With the application | Amount $75 | Refundable Not stated |
| Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Not stated |
| Application Fee | Paid by Subtenant | When With the application | Amount $250 | Refundable Not stated |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Corporate SurchargeRecurring | Paid by Shareholder | When With the application | Amount 15% of monthly maintenance and rental income, to be billed on monthly statement for term of sublease. | Refundable Not stated |
| Sublet Renewal Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Not stated |
Refinance
3 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 |
|---|---|---|---|---|
| Background Report FeeConditional · Per applicant | Paid by Shareholder | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| 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 August 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 conditionsAll subleases will be subject to a 15% of monthly maintenance and rental income sublease fee to billed on the shareholder's monthly maintenance account for duration of the sublease.Source: building management's published schedule, as of August 2026
- Pied-à-terre ownership
- Not permittedSource: building management's published schedule, as of August 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of August 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $737 per room a monthMedian of 3 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
- Concierge
- YesSource: 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
- Fitness room, 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
- $10,142/yr
- Per unit / month range
- $0 – $10
- Modeled exposure split equally across 85 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 filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
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
- Policies and 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, 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 | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 9, 2026 | 8C | 3 BR · 3.5 BA | $2,800,000 | -1.8% | |
| Aug 26, 2025 | 14A | 3 BR · 3 BA | $4,676,000 | -6.4% | |
| Jan 10, 2024 | 13A | 3 BR · 3 BA | $2,875,000 | -2.5% | |
| Jul 21, 2023 | 3C | 3 BR · 2.5 BA | $2,550,000 | -14.3% | |
| Nov 1, 2022 | 10B | 4 BR · 3 BA | $4,937,500 | -8.6% | |
| Jul 18, 2022 | 5A | 3 BR · 3 BA | $3,450,000 | +8.0% | |
| Sep 30, 2021 | 7B | 4 BR · 3.5 BA | $7,725,000 | -9.1% | |
| Sep 14, 2021 | 10D | 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 (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 2.9% 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.
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). 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.
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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 Park Avenue Historic District setting are the building's defining features.
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 in management's August 2026 schedule should be carried in your closing math. Ask whether the reported 0.5% rate for long-held apartments applies to your purchase and who pays it.
Scale has a cost. A roughly 85-unit building produces 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
More Park Avenue buildings
- 1100 Park Avenue — 1930 co-op
- 1105 Park Avenue — 1923 co-op by Rosario Candela
- 1110 Park Avenue — 2015 condominium
- 1112 Park Avenue — 1927 co-op by Emery Roth
- 1120 Park Avenue — 1929 co-op
- 1125 Park Avenue — 1926 co-op by Schwartz & Gross
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 1111 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