- 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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $64,425/yr
- Per unit / month range
- $0 – $358
Facade safety — Local Law 11
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.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 20, 2024 | 9 | 5 BR · 5.5 BA | $36,000,000 | -19.1% | |
| Jun 16, 2010 | 4W | 2 BR | $11,700,000 | -2.5% | |
| Jul 16, 2008 | 11 | 4 BR · 6,000 sf | $48,000,000 | $8,000/sf | +20.0% |
| Apr 11, 2007 | 9 | 6 BR · 6,200 sf | $26,000,000 | $4,194/sf | off-mkt |
Market read. Most recent trades (2008) cleared a median $8,000/sf across 1 sale. Median listing discount 2.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jul 12, 2022 | A | $17,000,000 |
| Feb 10, 2017 | 3RD | $30,000,000 |
| May 25, 2016 | MB | $6,000,000 |
| Jun 16, 2010 | 4E | $6,300,000 |
| Jun 16, 2010 | 4 | $24,000,000 |
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:
- 810 Fifth Avenue — Fifth Avenue cooperative on the park
- 820 Fifth Avenue — limestone prewar cooperative facing the park
- 825 Fifth Avenue — Fifth Avenue prewar cooperative
- 834 Fifth Avenue — premier Rosario Candela cooperative
- 1 East 66th Street — prewar cooperative off Fifth Avenue
The Roebling Team at 2 East 67th Street
The Roebling Team at Compass specializes in the Upper East Side — the Fifth and Madison Avenue trophy market, the East 60s and 70s prewar cooperatives, and the broader Park-facing market. We publish this profile because buyers and sellers evaluating a top-tier prewar cooperative deserve building-specific intelligence: the architecture, the value of each exposure, the board's standards, and where a given apartment sits against the trophy comparable set.
If you're considering a purchase or sale at 2 East 67th, a 30-minute consultation is the right starting point.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.