- Year built
- 1908
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $650K
- Recent range
- $560K – $3.8M
- Listing discount
- 6.5%
- Recorded transfers
- 62
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $43,129/yr
- Per unit / month range
- $0 – $58
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 |
|---|---|---|---|---|---|
| Oct 27, 2025 | 15A | 3 BR · 3 BA | $3,495,000 | -6.8% | |
| Jul 30, 2025 | 11E | 1 BR · 1 BA · 890 sf | $650,000 | $730/sf | -6.5% |
| May 7, 2025 | 12A | 3 BR · 3 BA · 2,250 sf | $3,250,000 | $1,444/sf | off-mkt |
| Oct 28, 2024 | 10A | 4 BR · 4 BA | $3,795,000 | -20.1% | |
| May 30, 2024 | 14B | 1 BR · 2 BA | $970,000 | -2.5% | |
| Apr 29, 2024 | 8E | 1 BR · 1 BA | $635,000 | -2.3% | |
| Jul 17, 2023 | 6E | 1 BR · 1 BA | $560,000 | -6.5% | |
| Mar 8, 2023 | 9C | 2 BR · 2 BA | $1,694,970 | -15.3% |
Market read. Most recent trades (2025) cleared a median $1,432/sf across 2 sales. Median listing discount 7.4% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jun 10, 2025 | 7C | $1,650,000 |
| Jun 7, 2023 | 5A | $1,650,000 |
| Feb 6, 2019 | 5C | $1,500,000 |
| Jan 26, 2018 | 8E | $650,000 |
| Dec 1, 2016 | 10A | $3,325,000 |
| Dec 22, 2015 | 12B | $865,000 |
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:
- 470 Park Avenue — pre-war cooperative directly across the avenue
- 480 Park Avenue — Park Avenue cooperative nearby
- 510 Park Avenue — full-service Park Avenue co-op
- 502 Park Avenue — Park Avenue cooperative to the north
- 500 Park Avenue — landmark Midtown East building
- 515 Park Avenue — upper-tier Park Avenue residence
The Roebling Team at 475 Park Avenue
The Roebling Team at Compass specializes in Park Avenue and the broader Midtown East cooperative market — white-glove operations, board standards, and the value of service and address at the top of the market. We publish this profile because buyers and sellers evaluating a lower-Park-Avenue cooperative deserve building-specific intelligence rather than a generic listing description.
If you're weighing a purchase or sale at 475 Park, 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.