Cooperative · 1926
Historically associated with the 325 West 86th Street address
323 West 86th Street, New York, NY 10024
Buildings·Cooperative

323 West 86th Street

323 West 86th Street, New York, NY 10024

At a glance
Year built
1926
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2025

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

2BR median
$1.8M
Recent range
$697K – $2.1M
Listing discount
4.2%
Recorded transfers
39

This is a Rosario Candela building — and on the Upper West Side, where Candela's hand is far rarer than on Park and Fifth, that is the headline. Erected in 1926 for the Paterno Brothers, the great West Side development family, the building rises fifteen stories on the quiet, tree-lined block between West End Avenue and Riverside Drive, one of the most coveted residential corridors in the neighborhood. It is addressed variously as 323, 325, and 323–329 West 86th Street; the cooperative has long been associated with the 325 address.

Candela designed it as an Italian Renaissance palazzo, with a two-story limestone base, a canopied entrance, alternating curved and arched pediments above the third-floor windows, decorative balconies, and a generous crowning cornice — the controlled classical vocabulary that made his name. The plan is the other half of the argument: only three apartments per floor across fifteen stories, which yields large, light, gracious layouts in a building of just 49 residences. Converted to cooperative ownership in 1989, it has been a stable, owner-occupied co-op ever since.

Architecture and unit composition

The façade is beige brick over a limestone base, detailed with the restrained Renaissance ornament Candela handled better than almost anyone — pediments, balconettes, and a strong cornice line that ties the elevation together. The block itself, within the Riverside–West End Historic District, is protected and consistently pre-war in character, which preserves the building's setting.

Behind the masonry, the three-per-floor layout delivers the things buyers come to a Candela for: well-proportioned entertaining rooms, real entry foyers, separated bedroom wings, high ceilings, and hardwood floors. The mix runs from generous two-bedrooms to large family layouts, with the best light on the upper floors and toward the rear and side exposures away from the street wall.

Building operations

323 West 86th Street is run as a full-service, white-glove cooperative. A 24-hour doorman and a live-in superintendent staff the building, with central laundry, a bike room, and private storage available to residents. The co-op operates on the standard pre-war model — board review of purchasers, owner-occupancy as the norm, and policies set to protect the long-term character of the building. As at most Candela co-ops, financing is permitted within board limits and subletting is restricted to preserve owner occupancy.

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
SWARMP
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$450 in filing penalties
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
May 15, 20259A
3 BR · 2.5 BA
$2,086,000+10.1%
Apr 2, 202514C
2 BR · 2.5 BA
$1,750,000-5.4%
Mar 18, 20251D
1 BR
$697,000-3.1%
Oct 1, 20243C
2 BR · 2.5 BA
$1,700,000-4.2%
Aug 20, 20248B
2 BR · 2.5 BA · 1,500 sf
$1,750,000$1,167/sf-5.4%
Feb 15, 202416C
3 BR · 3 BA
$1,350,000-9.7%
Apr 4, 20236B
3 BR · 2.5 BA
$1,999,000-3.7%
Aug 26, 20226C
3 BR · 3 BA
$1,757,500-6.3%

Market read. Most recent trades (2024) cleared a median $1,167/sf across 1 sale. Median listing discount 4.2% 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.

6B · 1,500 sf+36%
$1,475,000 ($983/sf) 2011$2,050,000 ($1,367/sf) 2015$1,999,000 ($1,333/sf) 2023
11B · 1,600 sf+34%
$1,250,000 ($781/sf) 2003$1,675,000 ($1,047/sf) 2019
7B+34%
$1,560,000 2005$2,095,000 2016
11C+31%
$1,473,750 2009$1,926,000 2014
14C+13%
$1,550,000 2010$1,750,000 2025

Other recent transfers

DateUnitPrice
Oct 12, 202215B$525,000
Jan 11, 20224B$600,000
Nov 18, 20219C$600,000
Sep 2, 20213B$1,250,000
Jun 3, 20216A$695,000
Jun 11, 20187C$1,730,000
View all 39 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 1-01248-0019) 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

You are buying a Candela — that is the durable value, and it should frame the underwriting. Inventory is thin, the layouts are large, and the block is among the best on the Upper West Side, so well-priced apartments move. Expect a full board package and interview and pre-war financing limits; verify the building's current flip-tax and sublet terms as part of the package review, and weigh floor and exposure carefully, since the three-per-floor plan means meaningful light differences from line to line.

The relative value is real: Candela space on the West Side still trades below the equivalent on Park and Fifth, so a buyer gets the same architect's proportions and detailing for materially less. We help buyers read the plan, assess renovation scope, and benchmark the ask against recent West End and Riverside Drive pre-war sales.

What to know if you’re selling

The marketing core writes itself: a Rosario Candela cooperative, three apartments per floor, on a protected West End/Riverside block. That combination distinguishes a listing here from the larger, more generic pre-war stock nearby and travels well to buyers who specifically seek Candela's name and layouts.

Because turnover is low, pricing discipline matters more than urgency. A well-prepared apartment benefits from the scarcity of in-building competition but must be priced to its specific line, floor, and condition. We position the building's pedigree to the right buyer pool, present board realities transparently to keep the deal intact through review, and steer the cooperative's process toward a clean, on-time closing.

Comparable buildings

If you're considering 323 West 86th Street, also evaluate nearby West End Avenue and West 80s pre-war cooperatives:

The Roebling Team at Historically associated with the 325 West 86th Street address

The Roebling Team at Compass specializes in the Upper West Side, West End Avenue, Riverside Drive, and the pre-war co-op market — including the work of Rosario Candela and his West Side peers. We publish this profile because buyers and sellers evaluating a Candela cooperative deserve building-specific intelligence: the architecture, the plan logic, the board posture, and where pricing sits against the surrounding pre-war inventory.

If you're considering a purchase or sale at 323 West 86th Street, a 30-minute consultation is the right starting point.

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