Cooperative · 1930
1230 Park Avenue
1230 Park Avenue, New York, NY 10128
Buildings·Cooperative

1230 Park Avenue

1230 Park Avenue, New York, NY 10128

At a glance
Year built
1930
Type
Cooperative
Units
79
Landmark
Designated
The Data Room

Every recorded sale at this building, 2002–2025

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

2BR median
$1.4M
Recent range
$560K – $2M
Listing discount
10.6%
Recorded transfers
74

1230 Park Avenue sits at the northern edge of Carnegie Hill, on the southwest corner of East 96th Street — the point where the grand stretch of Park Avenue meets the more intimate, residential character of upper Carnegie Hill. Completed in 1930 to designs by Gronenberg & Leuchtag, the firm responsible for several substantial pre-war apartment houses in the neighborhood, it is a sixteen-story building of 79 apartments laid out at family scale, with roughly 1,500 square feet per unit on average.

The building's case is the classic Park Avenue case, at a slightly more attainable point on the avenue. Buyers get a full-service pre-war co-op inside the Carnegie Hill Historic District — attended lobby, live-in superintendent, period detail — without the eight-figure entry that defines the avenue's lower-numbered blocks. The corner position delivers light and air on two exposures, and the location places residents within a short walk of Central Park, the Madison Avenue retail corridor, and the 96th Street subway.

Architecture and unit composition

Gronenberg & Leuchtag designed 1230 Park in the restrained pre-war Renaissance Revival idiom that defines so much of Carnegie Hill: a brown-brick shaft rising from a two-story limestone base, with a canopied entrance crowned by a row of arched openings filled with shell-motif ornament. It is a building that reads as established rather than showy — exactly the register the avenue rewards.

The 79 apartments span a range of pre-war layouts, with the larger homes offering the gracious proportions, separated formal and service spaces, high ceilings, and hardwood floors that buyers seek in the era's product. The corner of the building yields the most desirable lines, with cross-exposures and avenue light. The unit mix and intimate per-floor count make this a building of long-tenured shareholders rather than rapid turnover.

Building operations

The building runs as a full-service cooperative, with a full-time doorman, a live-in resident manager, central laundry, and storage. It is pet-friendly. Purchases proceed through the standard co-op board package and interview, and the building maintains the conservative financial posture characteristic of a well-run Carnegie Hill pre-war — a deliberate, owner-occupant culture rather than an investor building.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

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.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

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.

DateUnitApartmentPricePPSFvs. Ask
Jun 6, 202516C
2 BR · 2 BA
$1,375,000-8.0%
Feb 20, 20259/10A
3 BR · 2 BA
$1,455,000-3.0%
Sep 11, 20249E
2 BR · 2.5 BA
$1,975,000-14.1%
Jun 17, 20246B
2 BR · 2 BA
$1,140,000-10.6%
Jun 14, 20235B
2 BR · 2 BA
$1,250,000-3.5%
Oct 17, 20224D
3 BR · 3 BA
$1,525,000-18.7%
May 27, 202212D
3 BR · 2.5 BA · 1,800 sf
$1,775,000$986/sf-24.5%
Sep 28, 20218A
1 BR · 1 BA
$650,000-3.7%

Market read. Most recent trades (2022) cleared a median $882/sf across 1 sale. 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.

17D+154%
$850,000 2004$2,162,000 2014
4C+77%
$880,000 2014$1,555,000 2021
3E+64%
$1,195,000 2003$1,585,000 2013$1,960,000 2018
12E · 1,500 sf+55%
$1,275,000 ($850/sf) 2012$1,975,000 ($1,317/sf) 2018
3B · 1,150 sf+44%
$649,000 ($564/sf) 2004$982,500 ($854/sf) 2006$930,000 ($809/sf) 2010$935,000 ($813/sf) 2014

Other recent transfers

DateUnitPrice
Jul 16, 20246C$1,150,000
Apr 14, 202311A$560,000
Dec 18, 20188E$2,036,500
May 15, 20144C$880,000
Dec 18, 20139B$980,000
Dec 12, 20135E$1,795,000
View all 74 recorded transfers, 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 1-01507-0040) 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

This is a co-op, so a board package and interview are part of the process, and buyers should be prepared for the financial review a conservative pre-war building conducts. The payoff is a full-service Park Avenue address inside the Carnegie Hill Historic District at a more reachable basis than the avenue's marquee blocks to the south. Focus your diligence on the apartment's exposure and renovation state, and on the building's financials and reserve position. We help buyers benchmark asking prices against comparable Carnegie Hill pre-wars and assemble a board package that presents cleanly.

What to know if you’re selling

The selling story is location plus value: a full-service pre-war co-op on Park Avenue, in a protected historic district, at a price point that draws a broad pool of family buyers priced out of the lower avenue. Corner apartments with strong light and tasteful renovations are the building's standouts and should be marketed as such. Pricing belongs against the upper-Carnegie-Hill pre-war comparable set rather than the avenue's trophy tier. We position these homes to buyers who want the Park Avenue address and the full-service building without the lower-block premium.

Comparable buildings

If you're considering 1230 Park Avenue, also evaluate these nearby Park Avenue and Carnegie Hill pre-war cooperatives:

The Roebling Team at 1230 Park Avenue

The Roebling Team at Compass specializes in Park Avenue, Carnegie Hill, Madison Avenue, and the broader pre-war Manhattan co-op market. We publish this profile because buyers and sellers evaluating a Carnegie Hill pre-war co-op deserve building-specific intelligence — the architecture, the layouts, the staffing, and where pricing sits against the avenue's comparable stock.

If you're weighing a purchase or sale at 1230 Park, a 30-minute consultation is the right place to start.

Considering a move at 1230 Park Avenue?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com