1120 Park Avenue
1120 Park Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015020033 · BIN 1046991
- Year built
- 1929
- Type
- Cooperative
- Units
- 68
- Floors
- 21
- Landmark status
- Not an individual landmark; in the Park Avenue Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Permitted
- 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 seller
- Doorman
- Full-time doorman
- 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 the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
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
- 8.6%
- Recorded transfers
- 63
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1120 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.
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.
Several penthouses have been on the market in 2025–2026, and recent pricing sits in the mid-to-upper range of Carnegie Hill pre-war cooperatives.
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.
Application and transaction fees
Fees below are from building management's published schedule, as of September 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
- Equal to 2% of the Gross Consideration, due to the building
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Not stated |
| Credit and Civil Litigation Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $180 per applicant | Refundable Not stated |
| Recognition Agreement FeeConditional | Paid by Buyer | When At closing | Amount $500 if applicable | Refundable Not stated |
| Closing Fee for Estate | Paid by Seller | When At closing | Amount $800 with a Broker ($850 without a Broker) | Refundable Not stated |
| Transfer StampsPer shareRequired | Paid by Seller | When At closing | Amount $0.05 per share | Refundable Not stated |
| Closing Fee | Paid by Shareholder | When At closing | Amount $750 with a Broker ($800 without a Broker) | Refundable Not stated |
Sublet
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Sublet FeeRecurringRequired | Paid by Shareholder | When With the application | Amount Equal to 5% of annual rent or 10% of annual maintenance (whichever is greater) | Refundable Not stated |
| Application Fee | Paid by Subtenant | When With the application | Amount $1,000 | Refundable Not stated |
| Background/Credit Report FeePer applicantRequired | Paid by Subtenant | When With the application | Amount $180 per applicant | Refundable Not stated |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Shareholder | When With the application | Amount $500 | 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 September 2026
- Guarantors
- Not permittedSource: building management's published schedule, as of September 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of September 2026
- Parent buying for an employed child
- Not permittedSource: building management's published schedule, as of September 2026
- Parent buying for a student child
- Not permittedSource: building management's published schedule, as of September 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of September 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
- PermittedSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- Not permittedSource: building management's published schedule, as of September 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of September 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 statedSubject to board approvalSource: building management's published schedule, as of September 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
- $1,034 per room a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.53 per square foot 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: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $77,778/yr
- Per unit / month range
- $0 – $93
- Modeled exposure split equally across 70 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 record last verified September 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 engineer 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 — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
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, 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 |
|---|---|---|---|---|---|
| May 21, 2026 | 20B | 2 BR · 3 BA | $3,700,000 | -9.8% | |
| Apr 30, 2026 | 19D | 2 BR · 2 BA | $2,270,000 | -7.3% | |
| Dec 1, 2025 | 3C | 5 BR · 4 BA · 3,200 sf | $6,450,000 | $2,016/sf | -0.8% |
| Mar 20, 2025 | 14B | 3 BR · 3.5 BA | $4,999,990 | -5.7% | |
| Oct 8, 2024 | 12C | 2 BR · 2 BA | $1,900,000 | -4.8% | |
| May 30, 2024 | 9BE | 3 BR · 3 BA · 2,650 sf | $2,750,000 | $1,038/sf | -16.5% |
| Mar 14, 2024 | 7A | 3 BR · 3 BA · 2,450 sf | $2,100,000 | $857/sf | -15.8% |
| Feb 28, 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 $1,555/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 5.0% 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 |
|---|---|---|
| Apr 1, 2005 | 7C | $1,695,000 |
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 1-01502-0033). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 1120 Park Avenue and nearby.
At the recent median sale of $5M (4 transfers since 2024), a buyer putting 25% down would pay about $89,550 to close, or 1.8% of the price.
- Mansion tax: $75,000
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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. 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
More Park Avenue buildings
- 1110 Park Avenue — 2015 condominium by DDG
- 1111 Park Avenue — 1925 co-op by Schwartz & Gross
- 1112 Park Avenue — 1927 co-op by Emery Roth
- 1125 Park Avenue — 1926 co-op by Schwartz & Gross
- 1130 Park Avenue — 1927 co-op by George F. Pelham
- 1133 Park Avenue — 1924 co-op by Nathan Korn
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 1120 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