50 East 89th Street (Park Regis)
50 East 89th Street, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015000045 · BIN 1046957
- Year built
- 1974
- Type
- Cooperative
- Units
- 230
- Floors
- 33
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Subletting by shareholders
- Requires confirmation
- Pied-à-terre
- Not permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 70% of the purchase price
- Flip tax
- None
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.6M
- Recent range
- $900K – $4.3M
- Listing discount
- 1.9%
- Recorded transfers
- 174
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Park Regis 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.
The Park Regis is an Emery Roth & Sons modernist composition: 33 stories of dark brown brick masonry with exposed concrete balconies that stood among the tallest residential structures north of 86th at completion. Behind the design was a Peter Sharp developer pedigree that carried real weight — Sharp also owned the Carlyle Hotel and brought a comparable level of sponsor sophistication here — and the building competes on terms most of Carnegie Hill cannot match through its no-flip-tax policy.
Important policy flag: pied-à-terre is NOT allowed at the Park Regis — significant for buyer screening.
Architecture and building operations
The Park Regis was designed by Emery Roth & Sons with Richard Roth Jr. as design lead and developed by Peter Sharp, the longtime owner of the Carlyle Hotel. The 33-story tower made it one of the tallest residential structures north of 86th Street at completion in 1974.
The composition is dark brown brick masonry with exposed concrete balconies — a confident modernist statement at the boundary of the original 1974 Carnegie Hill Historic District. Four maisonette units feature 89th Street entrances onto the building's large 88th-Street-facing plaza/park, which faces the rear garden of 1088 Park Avenue and the immediate adjacency to The Saratoga at 60 East 88th.
Operations: doorman, concierge, staffed service elevator, staffed package room, garage, gym, bike room, cold storage, live-in resident manager.
Policy framework
- Type: Cooperative — board interview required
- Pets: Case-by-case
- Pied-à-terre: NOT allowed (significant buyer-screening fact)
- Financing maximum: 70%
- Flip tax: None (notable competitive feature)
- Subletting: Board approval required
- Trust, LLC, foreign buyers: Case-by-case
- Post-closing liquidity: Substantial reserves customary
- Board interview: Required
The no-flip-tax policy and 70% financing maximum produce one of the more accommodating Carnegie Hill financial entry profiles — offset by the no-pied-à-terre policy.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- None
Source: The Roebling Team's building profile
Purchase
12 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Move in fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move out Fee | Paid by Shareholder | When With the application | Amount $150 | Refundable Non-refundable |
| Estate Sale | Paid by Buyer | When At closing | Amount $1,000 | Refundable Not stated |
| Recognition Agreement Fee | Paid by Buyer | When At closing | Amount $300 | Refundable Non-refundable |
| Managing Agent Transfer fee | Paid by Shareholder | When At closing | Amount $900 | Refundable Not stated |
| NY State Transfer Tax Stamps feePer share | Paid by Shareholder | When At closing | Amount $.05 cents per share | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move in DepositConditionalConditions: If no damage | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move Out DepositConditionalConditions: If no damage | Paid by Shareholder | When With the application | Amount $1,000 | Refundable Refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Processing Fee | Paid by Buyer | When With the application | Amount $300 | Refundable Not stated |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 70% of the purchase priceSource: building management's published schedule, as of September 2026
- Guarantors
- PermittedSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Requires confirmationSources differ. Confirm with building management.
- Pied-à-terre ownership
- Not permittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of September 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $817 per room a monthMedian of 15 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.78 per square foot a monthMedian of 8 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Concierge
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Package room
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, garden, garage, bike storage, cold storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $102,206/yr
- Per unit / month range
- $0 – $41
- Modeled exposure split equally across 210 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 19, 2026 | 6A | 2 BR · 2.5 BA | $1,600,000 | +7.0% | |
| Jul 13, 2026 | 3C | 1 BR · 1.5 BA · 1,000 sf | $925,000 | $925/sf | +0.0% |
| May 11, 2026 | 5FG | 3 BR · 3 BA · 2,032 sf | $2,495,000 | $1,228/sf | +0.0% |
| Apr 15, 2026 | 20E | 2 BR · 2 BA | $1,595,000 | -1.8% | |
| Oct 9, 2025 | 19C | 1 BR · 1.5 BA | $925,000 | -7.5% | |
| Aug 25, 2025 | 10C | 1 BR · 1.5 BA | $955,000 | -2.1% | |
| Jul 2, 2025 | 21F | 2 BR · 2 BA · 1,300 sf | $1,975,000 | $1,519/sf | -1.0% |
| Jun 4, 2025 | 14C | 1 BR · 1.5 BA | $1,100,000 | +0.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,151/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.4% 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 |
|---|---|---|
| Feb 1, 2006 | 15A | $749,000 |
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 1-01500-0045). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
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At the recent median sale of $1.3M (11 transfers since 2024), a buyer putting 25% down would pay about $26,425 to close, or 2.0% of the price.
- Mansion tax: $13,000
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,425
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The Emery Roth & Sons / Peter Sharp pedigree is real institutional context. Sharp's broader portfolio (Carlyle Hotel) connects to substantial Upper East Side luxury residential history.
The 33-story modernist composition is architecturally distinguishing.
The no-flip-tax policy is structurally advantageous. Materially expands the net-proceeds calculation versus peer cooperatives.
The pied-à-terre prohibition is significant. Plan primary-residence positioning at application stage; the policy materially narrows the buyer pool.
The 70% financing maximum is among the more accommodating on Carnegie Hill. Plan accordingly.
The four maisonette units with 88th-Street-facing plaza access are a structurally distinct configuration. Evaluate availability and pricing premium.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
Comparable buildings
- 60 East 88th Street (The Saratoga) — Beyer Blinder Belle 1987 condo; immediate plaza-facing Carnegie Hill peer
- 47 East 87th Street — 1947 postwar; nearby Carnegie Hill peer
- 15 East 91st Street — Schultze 1947; nearby Carnegie Hill peer
- 14 East 90th Street — Carpenter 1928; nearby Carnegie Hill peer
- 1110 Park Avenue — DDG 2015 condo; nearby Carnegie Hill modernist condominium peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More Upper East Side buildings
- 49 East 96th Street — 1939 co-op
- 50 East 72nd Street — 1928 condominium
- 50 East 79th Street — 1958 co-op
- 51 East 78th Street — 1893 co-op
- 51 East 90th Street — 1926 co-op by George F. Pelham
- 52 East 72nd Street (Claremont House) — 1986 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Park Regis?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com