563 Park Avenue
563 Park Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1013970001 · BIN 1042023
- Year built
- 1910
- Type
- Cooperative
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $3.1M
- Recent range
- $2.6M – $8.7M
- Listing discount
- 13.2%
- Recorded transfers
- 23
The Lancashire, at 563 Park Avenue, holds a genuine place in the history of the avenue: it is widely regarded as the first luxury apartment house built on Park Avenue, 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 — a composition praised as one of the most spirited on Park Avenue. 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 they change hands infrequently, held as long-term residences rather than turned over quickly.
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 and impeccably maintained, 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 maintains the deliberate, financially conservative admissions posture customary at established Park Avenue co-ops. Prospective purchasers should expect a thorough board package and interview, conservative financing expectations, and the owner-occupancy orientation typical of a primary-residence building of this caliber. This is a building managed for stability and long-term ownership, which is reflected in its careful stewardship and its standing on the avenue.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 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.
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 →Management & transfer contacts
- Sublet policy
- Not allowed
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 |
|---|---|---|---|---|---|
| Jun 11, 2026 | 5 | 3 BR · 3.5 BA | $8,700,000 | -2.8% | |
| May 28, 2026 | 11E | 2 BR · 2.5 BA | $2,600,000 | -23.1% | |
| 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% |
| Feb 6, 2020 | 12E | 3 BR · 2 BA | $2,600,000 | -34.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,098/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.2% 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) 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
Buying at The Lancashire is buying into both a prime Park Avenue corner and a piece of the avenue's history. The opportunity surfaces rarely — twenty residences mean limited turnover — and competition is correspondingly serious. Buyers should be prepared for a traditional Park Avenue cooperative process: a comprehensive board package, financial disclosure, conservative financing expectations, and an interview. This favors well-capitalized buyers who intend to make the apartment a primary home.
The reward is a category of residence that is structurally hard to replicate: a large, light-filled pre-war apartment in the first luxury building 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: the first luxury apartment house on Park Avenue, a Neo-Renaissance corner building of distinction, full-service, with only twenty residences. The scarcity is the seller's advantage — comparable inventory in the building is almost never available, and the broader pool of small, full-service pre-war co-ops on a Park Avenue corner is exceptionally thin.
Pricing should be benchmarked against the upper tier of lower Park Avenue cooperatives, with the building's historical significance, corner exposures, and full-time staffing supporting the position. The buyer is financially substantial, comfortable with a Park Avenue board, and seeking exactly the scale, pedigree, and service the building provides — a discerning but motivated segment that a well-positioned residence reaches efficiently.
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
The neighborhood
For the full corridor — architecture, schools, 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.
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.
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.