- Year built
- 1929
- Type
- Cooperative
- Units
- 68
- Floors
- 21
- Landmark
- Designated
- Financing
- Up to 50% financeable (50% minimum down).
- Subletting
- Permitted with Board approval. Short-term rentals and AirBnB are not permitted.
- Pied-à-terre
- Not permitted.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children not permitted.
- Guarantors
- Not permitted.
- Managing agent
- Wallack Management Company Inc.
Compiled by The Roebling Research Desk from building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.
Every recorded sale at this building, 2000–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $2.8M
- Recent range
- $1.9M – $6.5M
- Listing discount
- 6.5%
- Recorded transfers
- 62
1120 Park Avenue is the most architecturally consequential Bing & Bing Park Avenue commission of the late 1920s and one of the architecturally most distinctive Carnegie Hill cooperatives for a structurally specific reason: the 21-story height is unusual for the Carnegie Hill stretch of Park Avenue, producing long avenue views from the upper-floor inventory that peer same-vintage Park Avenue cooperatives at the standard 14-to-16-story scale cannot match.
The architectural composition by George Fred Pelham (Sr.) — distinct from his son Pelham Jr., who designed 50 Park, 785 Park, and 1150 Park — produces a "wedding-cake" upper-floor massing that emphasizes the upper-story setbacks and the center section of the façade. The neo-Georgian register, executed in brown brick with limestone trim, places 1120 Park in a stylistic vocabulary structurally distinct from the broader Italian Renaissance / Renaissance Revival mainline that dominated the corridor's late-1920s residential building cycle.
Pelham Sr.'s body of work is among the most prolific in early-20th-century New York architectural history — an attributed body of work exceeding 1,245 New York buildings. The Bing & Bing developer pedigree connects 1120 Park to the firm's broader Park Avenue and Greenwich Village body of work; Bing & Bing (Leo S. and Alexander S. Bing) was, alongside the Helmsleys, Tishmans, and a small handful of other 1920s Manhattan developers, among the most consequential builders of the city's luxury apartment-house tradition.
The 1961 cooperative conversion places 1120 Park among the post-war Park Avenue cooperative conversions of the broader corridor.
Architecture and unit composition
The 68 cooperative apartments distribute across the building's 21 stories. The 21-story height is the building's structural identity feature: upper-floor apartments carry long avenue views and the structural visibility that the unusual height permits. The wedding-cake upper-floor massing produces a structural setback configuration that supports private terraces on upper-floor apartments — particularly the Penthouse C configuration and other top-floor units, which carry significant landscaped terrace space.
Apartment-level features carry the late-1920s Park Avenue layout discipline characteristic of Pelham Sr.'s Bing & Bing planning approach: substantial ceiling heights, formal entry arrangements, library-living combinations, formal dining configurations, and the staff-wing infrastructure characteristic of pre-Depression Park Avenue construction.
has Unit 14B listed at $5,300,000 (Listing ID 23168949) with contract signed as of recent reporting. Several penthouses have been on the market in 2025–2026. Recent pricing positions in the mid-to-upper Carnegie Hill pre-war cooperative range.
A note on resident attribution: Press references occasionally connect the Maurice Tempelsman / Jackie Kennedy Onassis penthouse story to 1120 Park; the canonical Tempelsman residence is at 1155 Park Avenue (Lyons / Bing & Bing 1915 with Roth penthouses). The Tempelsman attribution should be retired from any 1120 Park reference.
Building operations
1120 Park operates as a full-service white-glove cooperative with full-time doorman, live-in superintendent, and the institutional service infrastructure consistent with the trophy pre-war Carnegie Hill tradition. Specific amenity inventory should be verified directly against current management documents.
The cooperative policy framework supports pet ownership. Specific financing maximum, flip tax structure, pied-à-terre allowance (handled case-by-case), and sublet duration limits should be verified directly during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $77,778/yr
- Per unit / month range
- $0 – $93
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
- transfer fee 2% of gross consideration
- Sublet policy
- allowed (sublet fee 5% of annual rent or 10% of maintenance)
- Pied-à-terre
- not allowed
- Notable fees
- max financing 50%; $5M liability insurance required
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 |
|---|---|---|---|---|---|
| May 21, 2026 | 20B | 2 BR · 3 BA | $3,700,000 | -2.6% | |
| Apr 30, 2026 | 19D | 2 BR · 2 BA | $2,270,000 | -7.3% | |
| Dec 2, 2025 | 3C | 5 BR · 4 BA · 3,200 sf | $6,450,000 | $2,016/sf | -0.8% |
| Apr 2, 2025 | 14B | 3 BR · 3.5 BA | $4,999,990 | -5.7% | |
| Oct 22, 2024 | 12C | 2 BR · 2 BA | $1,900,000 | -4.8% | |
| Jun 3, 2024 | 9BE | 3 BR · 3 BA · 2,650 sf | $2,750,000 | $1,038/sf | -16.5% |
| Mar 20, 2024 | 7A | 3 BR · 3 BA · 2,450 sf | $2,100,000 | $857/sf | -15.8% |
| Mar 29, 2023 | 6C | 4 BR · 3.5 BA · 3,150 sf | $4,150,000 | $1,317/sf | -16.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,681/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 6.3% 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 |
|---|---|---|
| Sep 29, 2022 | 14C | $4,750,000 |
| Nov 12, 2021 | 1E | $600,000 |
| May 18, 2021 | 20/21 | $11,000,000 |
| Aug 4, 2014 | 5D | $995,000 |
| Dec 12, 2013 | 12F | $1,675,000 |
| Oct 5, 2013 | 10A | $540,699 |
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 1-01502-0033) 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
The 21-story height is structurally distinguishing. Unusually tall for the Carnegie Hill stretch of Park Avenue; upper-floor apartments carry long avenue views uncommon in peer cooperative inventory.
The George Fred Pelham (Sr.) architectural pedigree is real. Among the architect's most prolific late-1920s Park Avenue commissions; the Pelham Sr. attribution distinguishes the building from his son Pelham Jr.'s late-pre-war 1939–1941 commissions at 50 Park, 785 Park, and 1150 Park.
The Bing & Bing developer pedigree is structural. The firm's broader Park Avenue and Greenwich Village body of work connects 1120 Park to a substantial institutional development tradition.
The wedding-cake upper-floor massing produces structural terrace space. Penthouse C and other top-floor configurations carry landscaped terrace infrastructure uncommon in peer Carnegie Hill cooperative inventory.
The Park Avenue Historic District protection applies. Designated LP-2547 by the NYC LPC on April 29, 2014.
Verify operational specifics during due diligence. Specific board approval framework, financing structure, flip tax, sublet duration limits, current capital project pipeline, and the LL11 façade cycle on the 1929 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 21-story height advantage and the upper-floor avenue views. Both are structural identity features that distinguish the building from peer Carnegie Hill cooperative inventory.
The Bing & Bing developer pedigree and the Pelham Sr. architectural credential support premium positioning. Both are real institutional credentials.
The Penthouse C terrace configuration is structural. Marketing on upper-floor inventory should emphasize the landscaped terrace infrastructure.
Pricing should reference recent comparable closings. The Unit 14B $5,300,000 public records contract provides recent reference; apartment-line-specific comparables should anchor positioning.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 1120 Park Avenue, also evaluate:
- 1112 Park Avenue — Emery Roth 1927; immediate same-block Carnegie Hill peer at the East 90th corner
- 1125 Park Avenue — Schwartz & Gross 1926; immediate same-block Carnegie Hill peer
- 1130 Park Avenue — Pelham Jr.; nearby Carnegie Hill peer
- 1133 Park Avenue — pre-war Carnegie Hill peer
- 1175 Park Avenue — Emery Roth 1925; nearby Carnegie Hill peer
The Roebling Team at 1120 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 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 1120 Park, 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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