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Prewar apartment-house conversion · 1910
The Park 27
114 East 27th Street, between Park Avenue South and Lexington Avenue · NoMad, near the Flatiron corridor
Buildings·Prewar apartment-house conversion

The Park 27

114 East 27th Street, between Park Avenue South and Lexington Avenue · NoMad, near the Flatiron corridor

NoMad

BBL 1008827501 · BIN 1018158

At a glance
Year built
1910
Type
Prewar apartment-house conversion
Amenities
Elevator, intercom and common laundry
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Pets
Pets permitted; species and limits not stated
Washer/dryer
Permitted
Doorman
No doorman

The Park 27 sales history: 17 recorded sales

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The Data Room

Every recorded sale at this building, 2013–2025

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf, 2025
$1,671
floor-adjusted, 1 sale
Listing discount
2.3%
Recorded sales
17
On record
2013–2025
Considering a sale?

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A Private Pricing Opinion — what your apartment at The Park 27 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.

As seen inThe Wall Street Journal★ 92 reviews on Google

The Park 27 places ten condominium residences in a small prewar apartment house near Park Avenue South. The conversion retained a red-brick façade with a rusticated limestone base and stone quoins. Inside, compact single-level homes share the building with duplex penthouses and selected apartments with substantial private terraces.

Architecture and unit composition

The conventional floors have two apartments apiece. One-bedroom plans include separate kitchens and living rooms with space for dining. Outdoor accommodation varies: a lower-level apartment has a broad terrace opening from its living area, while penthouse terraces accompany homes arranged over two floors.

The duplex penthouses include two-bedroom, two-bathroom configurations. Their internal stairs connect the upper accommodation to the principal living level. Elevator access to the building does not remove those internal stairs from the duplex layouts.

The façade preserves the masonry proportions of the earlier apartment house. The conversion updated apartment interiors within that older structure. Window placement and the depth of the original floor plate remain important features of the smaller homes.

Building operations

Eland Realty LLC sponsored the non-eviction conversion. The Attorney General accepted the condominium filing in March 2012, and it became effective in April 2013. The filing separates ten residences from one commercial unit.

A 2014 DOB alteration application concerned medical-office use at the ground and cellar levels. The commercial space therefore belongs to the ownership structure beneath the apartments; its tax classification differs from the residential lots above.

Shared services include an elevator, intercom entry and a basement laundry room. The property has no doorman. Private terraces are attached to particular residences, so outdoor access differs by apartment even though all owners share the same condominium.

Pets and in-unit washer/dryer

Pets
Pets permitted; species and limits not statedSource: The Roebling Team's building profile
In-unit washer/dryer
PermittedSource: The Roebling Team's building profile

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

Own an apartment here? Request an apartment-specific pricing review.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Building staffing and amenities

Doorman
No doormanSource: The Roebling Team's building profile
Elevator
YesSource: NYC Department of Buildings elevator records
Amenities noted
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

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
Assessed · 2005–10 to 2020–25
$3,250 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
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).

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 data last refreshed October 2026.

See the full facade history →

Recent sales

Recent closings 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.

DateUnitApartmentPricePPSFvs. Ask
Sep 26, 20255A
560 sf
$936,000$1,671/sf—
Apr 2, 20195B
1 BR · 1 BA · 650 sf
$885,000$1,362/sf-1.7%
Oct 6, 2017PHB
766 sf
$1,300,000$1,697/sf—
Aug 18, 2015PHA
2 BR · 1,100 sf
$1,286,634$1,170/sf-1.0%
Mar 25, 2015PHB
766 sf
$1,272,812$1,662/sf—
Mar 13, 20153B
1 BR · 600 sf
$777,500$1,296/sf-2.7%
Jul 24, 20143A
560 sf
$763,687$1,364/sf—
Apr 29, 20142B
1 BR · 1 BA · 544 sf
$794,235$1,460/sf—

Market read. Most recent trades (2025) cleared a median $1,671/sf (floor-adjusted) across 1 sale. 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 2.3% 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.

5A · 560 sf+31%
$712,775 ($1,273/sf) 2014 → $936,000 ($1,671/sf) 2025
3B · 600 sf+21%
$640,794 ($1,178/sf) 2013 → $777,500 ($1,296/sf) 2015
PHB · 766 sf+2%
$1,272,812 ($1,662/sf) 2015 → $1,300,000 ($1,697/sf) 2017
View all 17 recorded sales, sortable

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 1-00882-7501; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.

Rents · The Roebling Index

Closed rents at The Park 27, last 36 months

$1,458median rent per room per month
SizeLeasesMedian / month
1 bedroom3$4,750

4 closed leases, October 2023 to September 2026. Most recent lease March 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.

For owners

What would your apartment rent for?

The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Park 27 and nearby.

What to know if you’re buying

Ten residences do not place these apartments in Class 2C. The residential condominium lots are assessed in Class 2, while the separate commercial unit is Class 4. A purchaser comparing this building with another small condominium should use the actual residential tax classification when considering assessment exposure.

Comparable buildings

  • 50 Madison Avenue — A small prewar condominium with a taller, more vertical building form.
  • 117 East 29th Street — A nearby prewar condominium of modest residential scale.
  • 107 East 31st Street — Another small prewar condominium for comparing layouts within an older structure.
  • 31 East 28th Street — A larger prewar condominium close to the same Park Avenue South market.
  • L'Elysee — A similarly small prewar condominium with a taller profile.

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 The Park 27?

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com