1150 Park Avenue
1150 Park Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015030038 · BIN 1047025
- Year built
- 1940
- Type
- Cooperative
- Units
- 89
- Floors
- 19
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Subletting by shareholders
- Not permitted
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- 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, 1996–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.8M
- Recent range
- $663K – $2.3M
- Listing discount
- 0.7%
- Recorded transfers
- 88
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1150 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.
1150 Park Avenue is the youngest of the great pre-war Park Avenue cooperatives — one of the very last large apartment houses built on the corridor before WWII halted residential construction. The 1940 building represents a specific architectural-history moment within the broader Park Avenue residential tradition: the late-pre-war Art Moderne sub-era that produced a small group of George Fred Pelham Jr. commissions in 1939–1941 (1150 Park 1940; 785 Park Avenue 1940; 50 Park Avenue 1940). Pelham Jr. also designed 1130 Park Avenue, producing a distinct late-pre-war Park Avenue body of work that bridges the Candela boom of the late 1920s and the post-WWII building cycle that would begin in 1948.
The architectural register at 1150 Park is Art Moderne — a structurally distinct architectural argument from the broader Italian Renaissance / Georgian Park Avenue mainline that defined the 1920s residential building cycle. Pelham Jr. chose a quiet red-brick palette specifically to complement the Reformed Church of the Heavenly Rest across the avenue and the surrounding Carnegie Hill streetscape. Published architectural histories document the strategy: the palette was deliberately understated — Pelham Jr. resisted the streamlined ornamentation that defined Moderne work of the 1930s in favor of muted forms with corner windows and setback terraces on the upper floors.
The setback-terrace architectural composition produces apartment-level outdoor space on the upper-floor configurations — a structural amenity uncommon among pre-war Park Avenue cooperatives.
The 1972 cooperative conversion places 1150 Park among the post-war Park Avenue conversions of the broader corridor; the cooperative culture has been continuously refined for more than five decades.
Architecture and unit composition
The 89 original apartments (some subsequently combined) distribute across the building's 19 stories in configurations carrying the late-pre-war Park Avenue layout discipline. Apartment configurations are typically 3-bedroom and 4-bedroom layouts — meaningfully smaller than the Carpenter-Candela apartment-house giants on lower Park Avenue, and characteristic of the late-pre-war building cycle that produced 1150 Park.
Many apartments retain the Art Moderne corner windows and the upper-floor setback terraces; specific apartment-level Art Moderne interior detailing has variously been preserved or modernized through the building's eight-plus decades of operation.
Recent -marketed sales documented at the building have placed pricing within the Carnegie Hill blue-chip range without the trophy-cooperative premium characteristic of the Carpenter and Candela commissions further south on Park Avenue.
Building operations
1150 Park operates as a full-service cooperative with full-time doorman, live-in resident superintendent, fitness center, central laundry room, bicycle room, and private storage. The cooperative culture is calibrated to the late-pre-war Park Avenue tradition.
Specific cooperative policy details (financing maximum, flip tax structure, pet policy, pied-à-terre allowance, sublet duration limits) should be verified directly with management.
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 Purchase Price
- Rate
- 2% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of September 2026
Purchase
13 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Stock Transfer Processing FeeConditional | Paid by Buyer | When With the application | Amount $450 (If no financing) $550 (if financing) | Refundable Non-refundable |
| Move-out Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Recognition Agreement FeeConditional | Paid by Buyer | When At closing | Amount $300 (If Financing Involved) | Refundable Non-refundable |
| Managing Agent FeeConditional | Paid by Seller | When At closing | Amount $900 (If Seller is an Individual) $1000 (If Seller is an Estate) | Refundable Non-refundable |
| New York State Transfer Tax Stamps FeePer share | Paid by Shareholder | When At closing | Amount Equal to $0.05 per share | Refundable Non-refundable |
| Litigation Search FeePer applicant | Paid by Buyer | When With the application | Amount $800 certified check per person payable to Belkin Burden Goldman LLP | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move-Out Deposit | Paid by Shareholder | When With the application | Amount $1,000 | Refundable Refundable |
Refinance
4 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fee | Paid by Shareholder | When With the application | Amount $35 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fee | Paid by Shareholder | When With the application | Amount $35 | Refundable Non-refundable |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
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
- Permitted with conditionsCase by case basis.Source: building management's published schedule, as of September 2026
- Co-purchasing
- Permitted with conditionsCase by case basis.Source: building management's published schedule, as of September 2026
- Parent buying for an employed child
- Permitted with conditionsCase by case basis.Source: 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
- Not permittedSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- 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 statedPet Friendly, no exotic animals.Source: building management's published schedule, as of September 2026
- In-unit washer/dryer
- PermittedSource: building management's published schedule, as of September 2026
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
- $770 per room a monthMedian of 10 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.62 per square foot a monthMedian of 6 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
- 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 2% of purchase price
- Sublet policy
- Not allowed
- Pied-à-terre
- 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 |
|---|---|---|---|---|---|
| Sep 2, 2026 | 10D | 2 BR · 1.5 BA | $1,220,000 | +0.0% | |
| Aug 26, 2026 | 12A | 2 BR · 2 BA · 1,750 sf | $2,300,000 | $1,314/sf | +2.2% |
| Jul 29, 2026 | 12F | 2 BR · 2.5 BA | $2,150,000 | -4.4% | |
| Jun 29, 2026 | 4E | 1 BR · 1 BA | $999,000 | +0.0% | |
| May 21, 2026 | 7A | 2 BR · 2.5 BA · 1,600 sf | $1,950,000 | $1,219/sf | +6.8% |
| Feb 4, 2026 | 8B | 1 BR · 1 BA · 1,100 sf | $1,133,500 | $1,030/sf | -1.3% |
| Jul 30, 2025 | 9E | 1 BR · 1 BA · 1,042 sf | $940,000 | $902/sf | -5.5% |
| Jun 16, 2025 | 2F | 2 BR · 2.5 BA | $1,795,000 | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,103/sf (floor-adjusted) across 3 sales. 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 5.1% 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 1-01503-0038). 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 1150 Park Avenue and nearby.
At the recent median sale of $1.25M (11 transfers since 2024), a buyer putting 25% down would pay about $25,738 to close, or 2.1% of the price.
- Mansion tax: $12,500
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,238
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 Pelham Jr. late-pre-war architectural register is structurally distinguishing. The Art Moderne vocabulary is uncommon on Park Avenue; the small group of 1939–1941 Pelham Jr. Park Avenue commissions represents a specific architectural-history sub-era.
The 1940 vintage represents the close of the pre-war Park Avenue building cycle. Among the last large apartment houses built on the corridor before WWII; the architectural moment is structurally consequential.
The upper-floor setback terraces are real apartment-level features. Outdoor space uncommon among pre-war Park Avenue cooperatives.
Apartment scale reflects the late-pre-war building cycle. 89 apartments across 19 stories; 3- and 4-bedroom configurations characteristic of the late-pre-war planning idiom rather than the Carpenter-Candela full-floor scale.
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 1940 vintage should be reviewed.
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 Pelham Jr. late-pre-war architectural credential and the Art Moderne register. Both are structural identity features distinct from the broader Park Avenue pre-war cooperative tradition.
The upper-floor setback terraces are real marketing assets. Apartment-level outdoor space supports premium positioning relative to peer pre-war cooperative inventory.
Pricing should reference recent comparable closings. Carnegie Hill blue-chip range; specific apartment-line comparables should anchor positioning.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 1150 Park Avenue, also evaluate:
- 785 Park Avenue — Pelham Jr. 1940; same-architect / same-vintage Lenox Hill peer
- 1130 Park Avenue — Pelham Jr.; same-architect Carnegie Hill peer
- 1175 Park Avenue — Emery Roth 1925; nearby Park Avenue peer
- 1185 Park Avenue — Schwartz & Gross 1928–29; nearby Park Avenue peer
- 1199 Park Avenue — Carnegie Hill peer
More Park Avenue buildings
- 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
- 1155 Park Avenue — 1915 co-op by Robert T. Lyons
- 1160 Park Avenue — 1926 co-op by George F. Pelham
- 1165 Park Avenue (The Livingston / Randall House) — 1925 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 1150 Park Avenue?
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646.939.7375 · c.cohen@compass.com