Cooperative · 1925
45 East 85th Street
45 East 85th Street, New York, NY 10028
Buildings·Cooperative

45 East 85th Street

45 East 85th Street, New York, NY 10028

At a glance
Year built
1925
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2026

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

3BR median
$2.8M
Recent range
$565K – $3.9M
Listing discount
9.4%
Recorded transfers
46

45 East 85th Street is a 1925 Schwartz & Gross cooperative on a tree-lined Carnegie Hill block between Madison and Park, across from Regis High School and a short walk from Central Park, the 86th Street subways, and the boutiques and galleries of Madison Avenue. It is the kind of low-rise, masonry prewar house — handsome red brick, a marble base, restrained ornament — that gives Carnegie Hill its quiet, residential grain, and it carries the pedigree of one of the era's most accomplished apartment-house firms.

The building converted to cooperative ownership in 1955, making it one of the earlier rental-to-co-op conversions on the Upper East Side, and it has been owner-occupied ever since. At just nine stories and 46 apartments, it is intimate and human-scaled, built predominantly of the six-, seven-, and eight-room layouts that established families want — gracious prewar homes on one of the neighborhood's most coveted side streets.

Architecture and unit composition

Schwartz & Gross designed the building in the confident Renaissance Revival idiom they used across the prewar city — the same hand behind landmark apartment houses elsewhere on the Upper West and East Sides. Here the result is a red-brick elevation rising from a half-story white-marble base, anchored by a grand two-story marble entrance surround and dressed with terracotta detailing. The nine-story height keeps the building in scale with the townhouses and low apartment houses around it, in keeping with the Expanded Carnegie Hill Historic District.

Inside, the homes are predominantly six-, seven-, and eight-room layouts, with a few smaller apartments — the entry-gallery, separate-dining, high-ceilinged plans the period was built for. With 46 residences across nine floors, the floor plates are generous and the building stays personal, supported by an attentive full-service staff.

Building operations

45 East 85th is a full-service cooperative with an attended lobby, a live-in superintendent, central laundry, private storage, and a bike room. As a long-established Carnegie Hill house, it operates on board approval with a thorough package-and-interview process and the conservative financial posture typical of the neighborhood's best prewar buildings — terms that keep the building well-capitalized and its resident base owner-committed. A transfer fee may apply at closing under house policy; we confirm the building's current financing cap and any sublet terms for clients in contract so the underwriting is exact.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$25,022/yr
Per unit / month range
$0 – $46
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
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
Jul 14, 20257D
3 BR · 4 BA
$2,525,000-8.2%
May 23, 20248E
3 BR · 3 BA
$1,725,000-19.7%
Feb 29, 20245C
2 BR · 2.5 BA
$3,850,000-9.4%
Feb 22, 20232A
4 BR · 3 BA · 2,200 sf
$2,989,000$1,359/sfoff-mkt
Jan 24, 20234D
3 BR · 2.5 BA
$3,160,000-2.8%
Sep 24, 20219B
3 BR · 3.5 BA · 1,995 sf
$2,700,000$1,353/sfoff-mkt
Aug 28, 20198D
3 BR · 2.5 BA
$2,900,000-13.4%
Feb 21, 20195E
3 BR · 3 BA
$2,150,000-17.1%

Market read. Most recent trades (2023) cleared a median $1,359/sf across 1 sale. Median listing discount 6.7% 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.

5E+77%
$1,581,000 2010$2,425,000 2012$2,150,000 2019$2,800,000 2026
4A+53%
$2,550,000 2004$3,900,000 2018
4D+20%
$2,625,000 2009$3,160,000 2023
8B+20%
$2,690,000 2003$3,225,000 2010
7E+12%
$2,450,000 2015$2,565,000 2022$2,750,000 2025

Other recent transfers

DateUnitPrice
May 19, 20265E$2,800,000
Sep 3, 20257E$2,750,000
Jun 12, 20253F$565,000
Apr 19, 20239E$2,565,000
Dec 8, 20227E$2,565,000
Sep 3, 20213C$1,600,000
View all 46 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 1-01497-0028) 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 board-approval cooperative with the conservative posture of a top Carnegie Hill house. Plan a thorough package and underwrite to strong post-closing liquidity; confirm your intended use against the building's owner-occupancy orientation. Budget any transfer fee into your closing math. The reward is a gracious six-, seven-, or eight-room prewar home on a quiet Madison-to-Park block, with the relative value Carnegie Hill side streets offer against the marquee avenue addresses. We pressure-test your package against the board's expectations before you submit.

What to know if you’re selling

The marketing case is the apartment and the address: a Schwartz & Gross prewar home with classic six-, seven-, or eight-room proportions, on one of Carnegie Hill's most desirable blocks. Inventory is thin, so a well-prepared listing draws a focused, qualified pool — preparation, light staging, and accurate pricing against the live comparable set convert that interest into an accepted offer. Price to recent Carnegie Hill prewar closings of similar size, floor, and condition. The Roebling Team prepares the board-package narrative alongside the listing so an accepted offer clears review the first time.

Comparable buildings

If you're considering 45 East 85th Street, also evaluate these nearby Carnegie Hill and Upper East Side cooperatives:

The Roebling Team at 45 East 85th Street

The Roebling Team at Compass specializes in Carnegie Hill, Madison and Fifth Avenue, and the Upper East Side prewar cooperative market. We publish this profile because buyers and sellers evaluating a building this specific deserve building-level intelligence — the architecture, the board posture, the amenity set, and where a given apartment sits against the live comparable set.

If you're weighing a purchase or sale at 45 East 85th, a 30-minute consultation is the right first step — we'll walk the building, the policies, and the pricing with you.

Considering a move at 45 East 85th Street?

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