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 · 1908
475 Park Avenue
475 Park Avenue, New York, NY 10022
Buildings·Cooperative

475 Park Avenue

475 Park Avenue, New York, NY 10022

Midtown East

BBL 1013120069 · BIN 1036921

At a glance
Year built
1908
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2004–2026

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

1BR median
$643K
Recent range
$560K – $3.8M
Listing discount
11.0%
Recorded transfers
68

475 Park Avenue occupies one of the most coveted stretches of the avenue — the lower Park Avenue blocks between 57th and 58th Streets, the seam where Park's residential grandeur meets Midtown East's commercial heart, on the same block as some of the city's most storied hotels and restaurants. The site itself carries history: it once belonged to William Randolph Hearst, and the Aluminum Company of America nearly built its New York headquarters here before the plan collapsed. The land was eventually developed for residential use, and the building New Yorkers know today — the white-brick structure designed by Charles N. and Selig Whinston — became a cooperative in 1959.

What distinguishes 475 Park is the level of service. This is a white-glove cooperative in the fullest sense, staffed with full-time doormen, elevator operators, and a live-in resident manager — the attended, hands-on operation that defines the avenue's best addresses. At 62 residences across 14 stories, it is intimate enough to feel personal and large enough to run with real professionalism.

For buyers, 475 Park is lower-Park-Avenue living with genuine white-glove staffing — a refined, well-run cooperative at one of Manhattan's most central prestige addresses.

Architecture and unit composition

The building dates to 1908 and was reworked into the white-brick form it carries today, with the apartments reconfigured over time from the original duplex-heavy plan into the simplex layouts that make up the present cooperative. The aesthetic is restrained and dignified — a clean white-brick street wall, an attended canopied entrance, and a lobby that recalls the grandeur of an earlier era.

Inside, the 62 residences reflect the building's evolution: gracious, well-proportioned rooms, with the layout logic and solidity of a building rebuilt for serious cooperative living. The mix runs from comfortable apartments to larger family homes on the upper floors, where light and Park Avenue outlook improve. As with any pre-war cooperative of this caliber, individual homes vary in renovation level and exposure, and the larger and higher residences command the top of the building's range.

Building operations

475 Park is run as a full-service, white-glove cooperative: full-time doormen, elevator operators, and a live-in resident manager provide the attentive, continuous service that defines lower Park Avenue. Private storage and central laundry serve residents, and the building's gracious lobby sets the tone. A purchase proceeds through the cooperative's application and board interview, with financing available within the building's guidelines. The hallmark here is service — the kind of attended, personal operation that is increasingly rare and that owners on this stretch of the avenue prize.

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
$43,129/yr
Per unit / month range
$0 – $58
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
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 →

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 6, 20267A
3 BR · 3 BA
$1,625,000-18.5%
Oct 27, 202515A
3 BR · 3 BA
$3,495,000-6.8%
Jul 30, 202511E
1 BR · 1 BA · 890 sf
$650,000$730/sf-6.5%
May 7, 202512A
3 BR · 3 BA · 2,250 sf
$3,250,000$1,444/sf+0.0%
Oct 28, 202410A
4 BR · 4 BA
$3,795,000-20.1%
May 30, 202414B
1 BR · 2 BA
$970,000-30.5%
Apr 29, 20248E
1 BR · 1 BA
$635,000-2.3%
Jul 17, 20236E
1 BR · 1 BA
$560,000-6.5%

Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,101/sf across 2 sales. The building has traded as recently as 2026. Median listing discount 7.1% 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.

10C · 1,500 sf+87%
$975,000 2004$1,770,000 2010$1,825,000 ($1,217/sf) 2022
9C+70%
$995,000 2006$1,694,970 2023$1,694,969 2023
5D+39%
$880,000 2004$1,225,000 2008
15A+29%
$2,700,000 2018$3,495,000 2025
12C · 1,500 sf+28%
$1,400,000 2005$1,790,000 ($1,193/sf) 2022

Other recent transfers

DateUnitPrice
Apr 13, 20069C$995,000
View all 68 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 1-01312-0069) 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

You're buying white-glove service at a marquee Park Avenue location. Full-time doormen, elevator operators, and a live-in resident manager are the substance of the building's value — continuous, attended service of a kind that fewer and fewer buildings still provide.

The address does real work. Lower Park between 57th and 58th is among the most central prestige locations in Manhattan, steps from the avenue's finest hotels and minutes from both Midtown's offices and the Upper East Side's culture.

Diligence is co-op-standard, and this is a serious board. Expect a thorough board package and interview, financing within the building's guidelines, and review of the cooperative's financials and reserves — appropriate for a white-glove house of this standing. Confirm the building's current policies on the points that matter to you.

What to know if you’re selling

Lead with service and address. The elevator-operator, live-in-manager, white-glove operation and the lower-Park-Avenue location are the headline advantages — they distinguish 475 Park from buildings with thinner staffing.

Benchmark within lower Park Avenue's full-service cooperatives. Price against comparable white-glove co-ops on the surrounding blocks; the buyer here is choosing service and location, and pricing should reflect that audience.

Scarcity supports a well-positioned listing. With only 62 homes and a stable owner base, inventory is thin — a carefully presented residence benefits from limited comparable supply on this stretch of the avenue.

Comparable buildings

If you're considering 475 Park Avenue, also evaluate Park Avenue and Midtown East's full-service cooperatives:

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 475 Park Avenue?

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 475 Park Avenue 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.