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Cooperative · 1906
The Colonial Studios
39 West 67th Street, New York, NY 10023

39 West 67th Street

39 West 67th Street, New York, NY 10023

Lincoln Square, Upper West Side

BBL 1011200007 · BIN 1028236

At a glance
Year built
1906
Type
Cooperative
Units
40
Landmark
Designated
Amenities
elevator service and storage. The corporation transfers storage units as separate share allocations, which appear in the recorded transfer history alongside apartment sales

This building was designed to solve one problem: how to give a painter a room tall enough and bright enough to work in, in the middle of Manhattan, at a price a painter could pay. The answer, worked out on West 67th Street between 1903 and 1918, was the artists' cooperative studio building — a form the block essentially invented, and which produced double-height living rooms of a kind that ordinary apartment houses never built and that no one has built since.

The sequence is documented. In 1903 the painter Robert Vonnoh and his wife, the sculptor Bessie Potter Vonnoh, took studios in the newly finished 67th Street Studios at 27 West 67th Street — a fourteen-story cooperative built specifically as artists' residences and studios. Two more studio buildings followed on the block. In 1905 Vonnoh joined the movement as a developer himself, commissioning Pollard & Steinam to design a studio building at Nos. 39 and 41. Contemporary press reported the filed plans that November: fourteen stories in front, seven in the centre, ten in the rear, a stepped section engineered to bring light and ventilation deep into the lot. The architects estimated $200,000; by the time the building rose the cost had reached $275,000.

Crucially, and like its neighbors, the Colonial Studios was a cooperative from the outset. In June 1906, with the building still under construction, Vonnoh advertised in the daily press the chance to own "your own studio apartment" — an opportunity to become a stockholder for $8,000 to $15,000. That is the origin of the corporation that still owns the building. There was no later conversion, no sponsor, no non-eviction plan. Shareholders here have been buying shares and a proprietary lease continuously since 1907, which is a longer unbroken cooperative history than almost anything in the city.

The building was finished in 1907 in a neo-Renaissance idiom with a strong Arts and Crafts inflection shared with its neighbors: a two-story rusticated limestone base under a classical pediment carried on flat pilasters, and — the signature element — double-height oriels clad in pressed copper, overlapping the base and the third floor. Those oriels are the exterior expression of the double-height rooms behind them, which is the point of the whole exercise.

Architecture and unit composition

Fifty feet of frontage on West 67th Street, a lot just over 100 feet deep, 42,857 gross square feet, and forty residences. Those numbers describe an average apartment of roughly 1,070 gross square feet, but the average is close to meaningless here. This is a building of duplexes, double-height studios and small single-level units, and the difference between the two ends of the range is very large.

The evidence is in the alteration record, which is dominated by vertical combinations. Owners here have joined 501 and 601 with 502 and 602; 901 with 902; 1004 with 1203 and 1204 to make a duplex; 301 with 401 and 402; 403 with 404; 203 with 204. In a conventional apartment house, combinations run sideways. In a studio building, where the tall room occupies two floor levels on one side of the plan and the sleeping and service rooms stack on the other, they run up and down. A buyer reading a floor plan here should establish, first, which level the double-height room sits on and how it reads from the street.

The other structural fact is the Class B layer. Until the 2010s the certificate of occupancy carried fourteen Class B rooms — rooms without full housekeeping facilities, the residue of the studio building's original mixed occupancy of resident artists, lodgers and staff. An Alteration Type 1 filed in 2012 amended the C of O to convert those fourteen rooms into a single Class A apartment, dropping the recorded dwelling-unit count from 53 to 40 and moving the building to R-2 occupancy. Temporary certificates ran from 2016 through early 2018, and the final certificate of occupancy issued March 6, 2018. Any due diligence in this building should start from that document rather than from a listing description.

Because the corporation exceeds today's R8 envelope by a wide margin — a built FAR of 8.54 against 6.02 permitted — there is no development right to sell and no lawful path to enlargement. That is a stability point rather than a limitation: the building is what it is, and it cannot be built over.

Building operations and capital record

The DOB record shows a co-op that has attended to its envelope on a visible and continuing cadence, which is the right posture for a 1907 brick-and-limestone building with copper oriels and a fire escape at the rear. Parapet replacement at the fourteenth-floor terrace level and fire-escape repairs in 2005; a sidewalk shed in 2005 and a larger one — ninety linear feet, heavy duty — in 2012; chimney repair with protection installed in 2012; a gas-riser replacement for two apartment lines from cellar to penthouse in 2009; exterior restoration filed in 2018; and exterior façade repairs with full roofing replacement filed in 2020. Ductless air-conditioning installations were permitted building-wide in 2017, which tells a buyer something useful about how cooling is handled in a building with no central system.

That work has been financed. ACRIS shows the corporation's underlying mortgage consolidated to $2,000,000 in May 2012 and consolidated, extended and modified again in June 2021 to $2,750,000, with roughly $1.12 million of new money advanced at that time — the ordinary signature of a board funding a capital program rather than a distress refinancing. Confirm the current balance, the rate and, most importantly, the maturity date with the managing agent, and ask what work the 2021 advance funded and what remains on the capital plan.

No offering plan or audited financial statement for this building was located in either document library, which is not unusual for a cooperative that has never been converted and therefore never had to file one. The audited financials and the board minutes are the documents to request, and in a building with an active capital program they are more informative than any public record.

Policy framework

Nothing about this building's policy stack is published. With no offering plan on file and no sponsor, the governing documents are the certificate of incorporation, the by-laws, the proprietary lease and the house rules — all of which come from the managing agent. Obtain them in writing before you make an offer.

Ownership form: cooperative. You buy shares and a proprietary lease. Storage is allocated as separate shares in this building and transfers separately; establish whether the apartment you are buying carries a storage allocation and whether it conveys.

Board package and interview: expect a full package — signed tax returns, bank and brokerage statements, employment verification, a personal financial statement, personal and business reference letters, a loan commitment and a recognition agreement if you are financing — followed by an interview. A forty-unit prewar board can decline without stating a reason.

Obtain in writing: the financing ceiling and minimum down payment, which in prewar Upper West Side cooperatives of this size commonly sits well below what a lender will offer; the post-closing liquidity standard, usually expressed as a multiple of annual maintenance or months of carrying cost held after closing; the sublet policy, including ownership seasoning, duration cap, renewal terms and sublet fee; whether pied-à-terre purchase is entertained at all; whether trusts or limited liability companies may take title, and under what personal guarantees; the flip tax or transfer fee, its measure — per share, percentage of price or percentage of profit — and which side of the table pays it; and the pet policy in writing rather than by report.

Alteration rules deserve particular attention here. Combining apartments vertically means cutting floor slabs, which means structural filings, DOB approval and board consent, and in this building it has been done repeatedly under TPPN 3/97. Ask for the alteration agreement, the current rules, and the file for your specific apartment. Landmark review applies to anything visible from the street, including window replacement — and the copper oriels are the most conspicuous element on the elevation.

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
$20,555/yr
Per unit / month range
$0 – $43

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.

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
SWARMP
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
Assessed · 2005–10 to 2020–25
$10,000 in filing penalties
payment status not in the record
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.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign 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 record last verified September 2026.

See the full facade history →

Recent sales

39 West 67th Street prices as a prewar Upper West Side cooperative with a scarce feature: genuine double-height studio space, half a block from Central Park, inside the Upper West Side / Central Park West Historic District. The comparison set is the other studio cooperatives on and around this block rather than conventional prewar apartment houses of the same vintage, because the product is not the same product.

Value within the building separates almost entirely on volume. A double-height studio residence with the copper oriel and a duplex plan sits in a materially different bracket from a single-level unit on an upper rear floor, and blending them into one per-room or per-foot figure will mislead in both directions. Co-op pricing on the Upper West Side is more usefully discussed per room than per square foot in any case, since prewar layouts do not measure cleanly and studio buildings measure worst of all.

Indexed to the last complete year, the market for this block's studio cooperatives has been driven by scarcity of the double-height plan rather than by finish level or amenity package — there is no gym, no doorman-and-concierge apparatus, and no new-development comparison to be made. Buyers here are buying a room. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Recent transfers at this building, curated by The Roebling Team research desk. 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.

DateUnitApartmentPricePPSFvs. Ask
May 27, 20261503
2 BR · 1 BA
$837,500-6.8%
Sep 25, 2024302
2 BR · 2 BA · 1,700 sf
$2,500,000$1,471/sf-5.7%
Jul 12, 2022702
2 BR · 2 BA · 1,585 sf
$2,800,000$1,767/sf-2.6%
Sep 13, 2021401402301
3 BR · 2.5 BA · 2,050 sf
$2,450,000$1,195/sf-10.9%
Jun 30, 2020503
1 BR · 1 BA
$487,000-18.7%
May 7, 20181503
1 BR · 1 BA
$741,000-16.3%
Apr 4, 2018504
1 BR
$860,000-4.3%
Feb 21, 2018302
2 BR
$1,895,000+0.0%

Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,471/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.9% 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.

203 · 1,300 sf+125%
$749,000 ($609/sf) 2003$1,685,000 ($1,296/sf) 2010
302 · 1,700 sf+32%
$1,895,000 2018$2,500,000 ($1,471/sf) 2024
504+8%
$799,000 2015$860,000 2018
1401+5%
$879,000 2004$920,000 2012
403 · 1,200 sf-4%
$1,920,000 2011$1,850,000 ($1,542/sf) 2017

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01120-0007) 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

Start from the 2018 certificate of occupancy. The building spent years amending its C of O to retire fourteen Class B rooms and land at 40 dwelling units. Confirm that the apartment you are buying appears on the final document as configured.

Establish the volume before you establish the price. Double-height or single-level, duplex or flat, front or rear — those distinctions are the price in this building. Measure the room.

Ask about the underlying mortgage maturity. It was consolidated and extended to $2,750,000 in June 2021. Get the balance, the rate and the maturity date, and ask what the board intends to do at maturity.

Ask what the 2020 façade and roof program cost and whether it is finished. Exterior repairs and roof replacement were filed in 2020 on a landmarked 1907 elevation with copper oriels. Ask for the Local Law 11 cycle status, the engineer's report and any assessment history.

Confirm the policy stack in writing. Financing ceiling, post-closing liquidity, sublet rules, flip tax, pied-à-terre and entity ownership are all unpublished here. Run the Co-op Board Qualification Calculator only once you have the real figures.

Budget landmark review into any renovation. Windows and anything visible from West 67th Street require a Landmarks permit before a DOB permit. Vertical combinations require structural filings. Run the Renovation Cost Calculator against a scope your architect has actually reviewed.

What to know if you’re selling

Lead with the building's origin, because it is unusual and it is documented. Designed by Pollard & Steinam in 1906–07 for the painter Robert Vonnoh, sold as a cooperative from the start, purpose-built as artists' studios, with double-height copper-clad oriels on the elevation. LPC's own database classifies the building type as "Studio Building." That is a specific, verifiable claim.

Correct the historic-district question before a buyer's attorney does. The building is regulated under the city's Upper West Side / Central Park West Historic District. The "artists' colony" district is a National Register listing. Both are true; only one carries design review.

Show the volume. A double-height room does not photograph like a conventional living room and does not measure like one either. Ceiling height, window height and the section are the story.

Have the capital record ready. Parapet and fire escape in 2005, chimney in 2012, gas risers in 2009, exterior restoration in 2018, façade and roof in 2020. A buyer who sees a continuous maintenance record worries less about the next assessment.

Comparable buildings

If you're considering 39 West 67th Street, also evaluate:

The neighborhood

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

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.

Considering a move at The Colonial Studios?

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 The Colonial Studios 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.