563 Park Avenue
563 Park Avenue, New York, NY 10065
BBL 1013970001 · BIN 1042023
- Year built
- 1910
- Type
- Cooperative
- Landmark status
- Not an individual landmark; in the Upper East Side Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Not permitted
- Maximum financing
- 50% of the purchase price
- Flip tax
- 2% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median, 2023–2026
- $3M
- 6 qualifying sales
- Recent range
- $2.4M – $8.7M
- Listing discount
- 11.9%
- Recorded transfers
- 24
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Lancashire 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 Lancashire, at 563 Park Avenue, holds a genuine place in the history of the avenue: it was raised in 1910 on the northeast corner of 62nd Street where five row houses had stood. Developed by William J. Taylor and designed by Walter B. Chambers, the building marked the moment Park Avenue began its transformation from a residential street of private houses into the luxury apartment corridor it would become — making The Lancashire something of a founding document for the avenue as we know it.
It is also, simply, one of the handsomest buildings on the avenue. The red-brick facade above a three-story rusticated limestone base is among the liveliest on Park, and at thirteen stories with only twenty residences, the building offers the intimacy of a small cooperative within one of the most prestigious addresses in the city. Converted to a co-op in 1947, it has operated as an established, owner-occupied cooperative for generations.
For buyers, the appeal is the rare overlap of historical significance, architectural distinction, and a prime Lenox Hill corner — Central Park, Madison Avenue, and the neighborhood's full range of dining and services all within a short walk.
Architecture and unit composition
Walter B. Chambers designed The Lancashire in the Neo-Renaissance manner, organizing the thirteen-story facade around a three-story rusticated limestone base topped by a richly textured red-brick body. The corner siting at 62nd Street gives the building two full exposures and a prominence that mid-block buildings lack, and the careful brickwork and classical detailing have kept it looking permanent more than a century on.
The twenty residences are pre-war apartments of real generosity — high ceilings, gracious room proportions, hardwood floors, and the natural light that a corner building of this height and age provides. With only about one to two apartments per floor, the building offers a low-density, private living experience uncommon even among prestigious co-ops. These are homes built for a formal, spacious way of living, and their actual turnover and holding periods should be established from dated transfers.
Building operations
The Lancashire runs as a traditional full-service Park Avenue cooperative: full-time door staff and a live-in resident manager keep the building attended, supported by a central laundry room and private storage. For a twenty-unit building, full-time staffing is a meaningful amenity — the kind of white-glove service buyers expect from a Park Avenue address and do not always find in a building this small.
As a cooperative since 1947, the building admits purchasers through a board package and interview. Financing is capped at 50% of the purchase price and subletting is not permitted; confirm the building's current liquidity and occupancy requirements from its application instructions, and review the current budget, audited statements, debt and any assessments.
Application and transaction fees
Fees below are from building management's published schedule, as of August 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
- 2% of the purchase price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of August 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Financing FeeConditionalConditions: If applicable | Paid by Buyer | When At closing | Amount $500 | Refundable Not stated |
| Closing Fee | Paid by Seller | When At closing | Amount $750 with broker, $800 without broker | Refundable Not stated |
| Closing Fee for Estate | Paid by Seller | When At closing | Amount $850 with broker, $900 without broker | Refundable Not stated |
| NYS Transfer Stamps | Paid by Seller | When At closing | Amount $.05/share | Refundable Not stated |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Refinance Fee | Paid by Shareholder | When With the application | Amount $500 | 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
- 50% of the purchase priceSource: building management's published schedule, as of August 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
- Not permittedSource: building management's published schedule, as of August 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of August 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $1,263 per room a monthMedian of 6 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
- Full-time doormanSource: The Roebling Team's building profile
- Attended lobby
- YesSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Storage, laundry roomSource: 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. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 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 inspector (QEWI) 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 — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Sublet policy
- Not allowed
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 |
|---|---|---|---|---|---|
| Jul 20, 2026 | 4E | 3 BR · 2.5 BA · 2,000 sf | $2,400,000 | $1,200/sf | -15.8% |
| Jun 11, 2026 | 5 | 3 BR · 3.5 BA | $8,700,000 | +2.4% | |
| May 28, 2026 | 11E | 2 BR · 2.5 BA | $2,600,000 | -11.9% | |
| Jun 4, 2025 | 7E | 3 BR · 3 BA | $2,980,000 | +0.0% | |
| Jul 10, 2024 | 10E | 3 BR · 3 BA · 2,610 sf | $2,865,000 | $1,098/sf | -26.4% |
| Mar 13, 2024 | 2W | 3 BR · 3 BA | $3,650,000 | -3.9% | |
| Oct 11, 2023 | 5E | 3 BR · 3 BA | $3,060,000 | -22.5% | |
| Jul 20, 2021 | 8E | 3 BR · 3 BA · 2,500 sf | $3,675,000 | $1,470/sf | -7.0% |
Market read. Most recent trades (2026 to date) cleared a median $1,260/sf (floor-adjusted) across 1 sale. 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 3.5% 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 |
|---|---|---|
| Jul 22, 2003 | 5E | $2,195,000 |
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 1-01397-0001). 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?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Lancashire and nearby.
At the recent median sale of $2.79M (4 transfers in the past 24 months, since October 31, 2024), a buyer putting 50% down would pay about $49,425 to close, or 1.8% of the price.
- Mansion tax: $34,875
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage at the building's 50% financing limit.
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What to know if you’re buying
Buying at The Lancashire is buying into both a prime Park Avenue corner and a piece of the avenue's history. The twenty-residence count does not establish turnover or competition; review actual listings and dated transfers. Buyers should be prepared for a board package, financial disclosure and an interview; financing is capped at 50% of the purchase price, and the building's liquidity and occupancy requirements should be confirmed from its application instructions.
The reward is a category of residence that is structurally hard to replicate: a large, light-filled pre-war apartment in one of the earliest luxury buildings on Park Avenue, with full-time service and a corner address in the heart of Lenox Hill. For the right buyer, the combination of pedigree, architecture, and location is exactly what makes a Park Avenue co-op worth the diligence.
What to know if you’re selling
A sale here markets on a remarkable story and a remarkable address: one of the earliest luxury apartment houses on Park Avenue, a Neo-Renaissance corner building of distinction, full-service, with only twenty residences. Assess current comparable inventory and dated sales in this building and nearby small, full-service Park Avenue cooperatives before claiming a scarcity advantage.
Compare pricing with dated matched sales in lower Park Avenue cooperatives, adjusting for apartment condition, corner exposures, staffing, policies and monthly costs. Describe the documented scale, architecture and service alongside current board requirements without predicting a buyer profile or marketing result.
Comparable buildings
If you're considering 563 Park Avenue, also evaluate these nearby Park Avenue cooperatives:
- 550 Park Avenue — pre-war Park Avenue cooperative in Lenox Hill
- 555 Park Avenue — pre-war Park Avenue co-op nearby
- 565 Park Avenue — Park Avenue cooperative steps away
- 580 Park Avenue — pre-war Park Avenue cooperative
- 875 Park Avenue — pre-war Park Avenue cooperative
More Park Avenue buildings
- 535 Park Avenue — 1909 co-op
- The Yosemite (550 Park Avenue) — 1917 co-op by J.E.R. Carpenter
- 555 Park Avenue — 1912 co-op by George and Edward Blum
- 565 Park Avenue — 1912 co-op by Robert T. Lyons
- 570 Park Avenue — 1916 co-op by Emery Roth
- 571 Park Avenue — 1927 co-op by George F. Pelham
The neighborhood
For the full corridor — architecture, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
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 The Lancashire?
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