1185 Park Avenue
1185 Park Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015220001 · BIN 1048384
- Year built
- 1928
- Type
- Cooperative
- Units
- 164
- Floors
- 16
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted
- Flip tax
- Tiered or formula; see fees
- 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
- $4.5M
- 6 qualifying sales
- Recent range
- $2.4M – $13.2M
- Listing discount
- 6.8%
- Recorded transfers
- 151
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1185 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.
1185 Park Avenue is designed around a central landscaped courtyard. Other New York courtyard apartment houses include the Dakota (1 West 72nd), the Apthorp (390 West End Avenue), the Belnord (225 West 86th Street), and Graham Court (1923 Adam Clayton Powell Jr. Boulevard). The courtyard places private outdoor space at the heart of the building and organizes circulation around a central landscape. Schwartz & Gross deployed this premise on Park Avenue in 1929.
The Gothic triple-arch porte-cochère opens from Park Avenue into the private landscaped courtyard, which serves as a vehicle turnaround and organizes resident circulation. Six separate lobbies serve the apartments, with two apartments per elevator landing. Confirm the current arrangement for any apartment under consideration.
Schwartz & Gross used a neo-Gothic vocabulary for the entrance and courtyard. The building converted to cooperative ownership in 1953.
The profile reports 22 maid's rooms from the original staffed-residence configuration. Some have reportedly been retained as service quarters and others adapted as offices or guest rooms; verify the approved use and ownership of any room included with an apartment.
Architecture and unit composition
The 164 apartments today (172 originally) span configurations from approximately 1,800 sf 2BRs to substantial 4,500+ sf 4BRs, full-floor combinations, and the occasional duplex.
Pre-war Schwartz & Gross signatures throughout: 10–11 foot ceilings (with beamed ceilings as a distinguishing feature in many primary rooms), formal entry galleries, library-living-room combinations, wood-burning fireplaces (multiple per apartment in many configurations), formal dining rooms, primary suites with substantial closet and dressing infrastructure, service wings.
Some apartments have terraces — a feature primarily on upper floors where setbacks produce usable outdoor space. Courtyard-facing apartments enjoy quieter exposures with the landscaped courtyard as the view; Park Avenue-facing apartments enjoy the broader Park Avenue streetscape; cross-street-facing apartments have stable side-street exposures.
The building has a fitness center in adapted shared space. Confirm the date and scope of the reported refurbishment and any current access requirements.
Building operations
1185 Park operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, fitness center, and private storage. Confirm current staffing assignments and services for each lobby.
Specific policy details (financing cap or prohibition, flip tax structure, sublet policy specifics, pied-à-terre allowance) are not formally published in the manner of comparable buildings. Buyers should obtain current information directly from property management during due diligence and review the proprietary lease and house rules.
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
- 2% of gross sales price for contracts of sale signed on or after January 1, 2009 per amendment of proprietary lease adopted March 3, 2008
- Paid by
- Buyer
Source: building management's published schedule, as of September 2026
Purchase
9 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 |
| Move In Fee | Paid by Buyer | When With the application | Amount $2,000 | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
| Move out Fee | Paid by Seller | When With the application | Amount $2,000 | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When At closing | Amount 300 (if financing) | Refundable Not stated |
| Closing FeePer share | Paid by Seller | When At closing | Amount $800 ($850 without a Broker) plus $0.05 per share | 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 |
Refinance
2 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Refinancing 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 |
|---|---|---|---|---|
| Financing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Ownership transfer
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Background Report FeeConditional · Per applicant | Paid by Buyer | When At closing | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Corporate Counsel Fee | Paid by Buyer | When At closing | Amount To be determined | Refundable Not stated |
| Other TransfersPer share | Paid by Buyer | When At closing | Amount $500 plus $0.05 per share for NYS Stock Transfer Stamps | Refundable Not stated |
| Transfer Fee | Paid by Buyer | When At closing | Amount 2% of the gross sales price for contracts of sale signed on or after January 1, 2009 | Refundable Not stated |
| Trust or Estate TransfersPer share | Paid by Buyer | When At closing | Amount $1000 plus $0.05 per share for NYS Stock Transfer Stamps | 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.
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 conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- PermittedSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $875 per room a monthMedian of 16 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.28 per square foot a monthMedian of 9 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, garden, storageSource: 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
- $179,659/yr
- Per unit / month range
- $0 – $87
- Modeled exposure split equally across 172 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).
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.
Management & transfer contacts
- Flip tax
- 2% of gross sales price (transfer fee)
- Policies and fees
- Move-in/out $2,000 each; financing fee $300
Recent sales
The profile’s RPTT review identifies 156 records across 2004–2025. Classify transfers and remove duplicates or non-market records before calculating resale turnover; the 164-apartment count alone does not establish a comparative turnover ranking.
Build the comparison set from dated arm’s-length sales matched to the apartment type, from smaller B/E lines to combination configurations; the full transfer history is not necessarily a comparable resale sample.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|---|---|---|
| Jul 23, 2026 | 14A | 3 BR · 3.5 BA · 3,100 sf | $6,451,000 | $2,081/sf | -0.7% |
| Aug 4, 2025 | 3E | 2 BR · 2.5 BA · 2,225 sf | $4,500,000 | $2,022/sf | — |
| Jul 30, 2025 | 4K | 3 BR · 3.5 BA | $4,900,000 | -2.0% | |
| May 16, 2025 | PH | 5 BR · 6 BA · 5,100 sf | $13,000,000 | $2,549/sf | -10.3% |
| Apr 15, 2025 | 11B | 2 BR · 3 BA | $2,350,000 | -14.5% | |
| Apr 7, 2025 | 3D | 4 BR · 4 BA | $6,700,000 | -1.5% | |
| Feb 24, 2025 | 2C | 2 BR · 3 BA | $2,700,000 | -1.8% | |
| Jan 14, 2025 | 16 | 4 BR · 5.5 BA · 5,250 sf | $13,150,000 | $2,505/sf | -17.3% |
Market read. Most recent trades (2026 to date) cleared a median $1,609/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 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 |
|---|---|---|
| Oct 15, 2003 | 15L | $4,750,000 |
| Oct 15, 2003 | 3C | $3,250,000 |
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 1-01522-0001). 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 1185 Park Avenue and nearby.
At the recent median sale of $4.9M (11 transfers in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $88,050 to close, or 1.8% of the price.
- Mansion tax: $73,500
- 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
Inspect the courtyard setting. Assess the actual apartment’s light, outlook, circulation and noise at different times of day.
Check the landing and entrance. Confirm which apartments share the current landing, rather than assuming a privacy ranking from the original plan.
Confirm specific policies directly with management. Because the building's policy block is not formally published in the manner of comparable buildings, buyers should obtain current information on the flip tax structure (payor and percentage), financing posture (cash-only requirement or financing cap, if any), and sublet policy specifics during the contract review process.
Board review applies. Pieds-à-terre are permitted; confirm the building's current financing, liquidity, ownership and subletting requirements from its governing documents and application instructions.
Renovation is constrained by historic district status and pre-war character. The board reviews scope and quality with attention to preservation of original detail. Wood-burning fireplaces, beamed ceilings, crown moldings, and the building's other pre-war signatures should be preserved in any substantive renovation.
What to know if you’re selling
Show the apartment's outlook and access. Include photographs and plans that identify the courtyard, porte-cochère and shared landing where relevant to the apartment.
Pricing requires apartment-level comparable analysis. The building's 164-unit scale produces meaningful variation; courtyard-facing vs. Park-facing vs. cross-street, floor altitude, terrace access (where applicable), beamed-ceiling preservation, and configuration all matter.
Choose the marketing plan from current conditions. Review comparable listings and buyer requirements without assuming a marketing channel from apartment size.
Comparable buildings
If you're considering 1185 Park Avenue, also evaluate:
- The Dakota (1 W 72nd) — the original courtyard building, on Central Park West
- The Apthorp (390 West End Ave) — courtyard pre-war on the Upper West Side
- The Belnord (225 W 86th) — courtyard pre-war on the Upper West Side
- 740 Park Avenue — Candela 1929–30; the apex of Park Avenue pre-war prestige
- 778 Park Avenue — Candela 1931; 18 full-floor apartments
- 1040 Park Avenue — pre-war Park Avenue Carnegie Hill
- 1107 Fifth Avenue — Carnegie Hill 1925 (the Marjorie Merriweather Post triplex building)
More Park Avenue buildings
- 1165 Park Avenue (The Livingston / Randall House) — 1925 co-op by Schwartz & Gross
- 1172 Park Avenue — 1926 co-op by Rosario Candela
- 1175 Park Avenue — 1925 co-op by Emery Roth
- 1192 Park Avenue (94th and Park Corporation) — 1926 co-op by Rosario Candela
- 1199 Park Avenue — 1961 co-op
- 1220 Park Avenue — 1930 co-op by Rosario Candela
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 1185 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