Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1928
2 East 67th Street
2 East 67th Street, New York, NY 10065

2 East 67th Street

2 East 67th Street, New York, NY 10065

Lenox Hill, Upper East Side

BBL 1013810069 · BIN 1041195

At a glance
Year built
1928
Type
Cooperative
Landmark
Designated

2 East 67th Street — known by its Fifth Avenue address, 856 Fifth Avenue — is a Rosario Candela cooperative on the park, and that combination puts it among the most coveted addresses in the city. Candela, the architect whose name is shorthand for the finest apartment houses of prewar New York, designed it in 1928 in collaboration with Warren & Wetmore, the firm behind Grand Central Terminal, for the developer Michael Paterno. The building was converted to a cooperative in 1953 and has held its standing ever since.

The scarcity here is real. At twelve stories and just 15 residences, the building is composed almost entirely of full-floor and duplex homes, several opening directly onto Central Park across Fifth Avenue. A limestone palazzo with an upper-level loggia, it reads as exactly what it is: a top-tier prewar co-op of the Gold Coast, with a shareholder roster that turns over rarely and an address that needs no introduction. For the buyer at the very top of the East Side market, 2 East 67th is the kind of building that defines the category.

Architecture and unit composition

Candela's genius was the plan, and 2 East 67th showcases it: the building was laid out as two duplex maisonettes, a duplex penthouse, and a series of full-floor simplexes, each conceived as a private floor with the gracious entry galleries, enfilade reception rooms, and separated service wings that define his finest work. Warren & Wetmore's hand shows in the classical exterior — a limestone-clad Italian Renaissance elevation crowned by an open loggia — and the park-facing rooms capture the light and the unbroken Central Park views that are the building's defining asset.

With only 15 residences across twelve stories, the apartments are expansive by any measure, with the high ceilings, formal proportions, and architectural detail of the era's best construction. The low unit count is itself part of the value: scarcity, privacy, and a building that lives like a private house in the sky.

Building operations

This is a white-glove cooperative run to the standard its address implies: a full-time doorman, a porter staff, and the attentive, around-the-clock service expected of a Fifth Avenue co-op of this caliber, supported by a fitness center and private storage. Purchases clear through a rigorous cooperative board application and interview — a serious process at any building of this tier, with the financial-disclosure and reference expectations that come with it. Buyers should plan for a substantial cash position and review the building's financials and policy posture as part of diligence.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$64,425/yr
Per unit / month range
$0 – $358
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

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$2,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 →

Management & transfer contacts

Managing agent
Flip tax
3% of purchase price (buyer)
Sublet policy
NOT allowed
Pied-à-terre
Allowed
Notable fees
Managing agent fee $900 ($1,000 estate); NYS stamp $0.05/share
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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 20, 20249
5 BR · 5.5 BA
$36,000,000-19.1%
Jun 16, 20104
4 BR
$24,000,000+0.0%
Jun 16, 20104W
2 BR
$11,700,000-2.5%
Jun 16, 20104E
2 BR
$6,300,000off-mkt
Jul 16, 200811
4 BR · 6,000 sf
$48,000,000$8,000/sf+20.0%
Apr 11, 20079
6 BR · 6,200 sf
$26,000,000$4,194/sfoff-mkt

Market read. $/sf is measured on the latest sales with reliable square footage (2008): a median $8,000/sf across 1 sale. The building has traded as recently as 2024. Median listing discount 1.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01381-0069) 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 trophy inventory: a Candela-and-Warren-&-Wetmore cooperative on Central Park, full-floor living, 15 apartments total. The constraints are the structure and the scarcity — a demanding board process, a strong cash position, and the patience to wait for the right floor to come available, since the building trades rarely. When it does, exposure is everything: a direct park-facing floor is a different asset, and a different price, from an interior one. Read the financials and the reserve posture, and benchmark against the Fifth Avenue prewar trophy set rather than the broader East Side. We help buyers at this tier prepare a board package that withstands the scrutiny.

What to know if you’re selling

The marketing writes itself, but the execution is everything. A full-floor Candela apartment on Central Park is a genuinely rare offering, and the right buyer is a small, discerning pool — pricing belongs against the Fifth Avenue prewar trophy comparables, not the general market, and presentation must match the address. A meticulous board package and a buyer vetted for the board's standards keep a transaction at this level on track. We position resales here against the comparable Fifth Avenue and East 60s prewar trophy cooperatives, where the building most directly competes.

Comparable buildings

If you're considering 2 East 67th Street, the comparison set is the Fifth Avenue and East 60s prewar trophy cooperatives:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Preparing a board package for this building?

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.

Considering a move at 2 East 67th Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 2 East 67th Street 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.