565 Park Avenue
565 Park Avenue, New York, NY 10065
BBL 1013970004 · BIN 1042024
- Year built
- 1912
- 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
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 25% 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, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median, 2024–2025
- $4.5M
- 3 qualifying sales
- Recent range
- $2.2M – $4.7M
- Listing discount
- 1.0%
- Recorded transfers
- 37
Own an apartment here? See what it would sell for.
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565 Park Avenue is one of the small, intimate pre-war cooperatives that give the lower reaches of Park Avenue their human scale. Built in 1912 by Bing & Bing — the development firm whose name became shorthand for well-built, gracious apartment housing across Manhattan — and designed by Robert T. Lyons, it carries the proportions and finish of the era when Park Avenue was transforming from a railway cut into the city's most disciplined residential boulevard. Known as The Lonsdale, the building was converted to cooperative ownership in 1962 and has a current transfer and service history to verify.
What sets it apart is the layout philosophy. With only two apartments per landing across its dozen-plus floors, the building offers the privacy and quiet that buyers at this end of Park Avenue prize: a semi-private elevator vestibule, no long public corridors, and the security that comes from a building where the staff knows every resident. The 28-residence count does not establish turnover or admissions standards; review dated sales and the current application requirements.
The corner placement at East 62nd Street is the other quiet advantage. It sits steps from Central Park, a short walk from the Madison Avenue boutique corridor, and within easy reach of Midtown — a Lenox Hill position that keeps the building both central and serene.
Architecture and unit composition
Robert T. Lyons designed 565 Park Avenue in the restrained pre-war manner that defines Park Avenue's masonry stock: a beige-brick body rising from a limestone base, with the kind of disciplined fenestration and cornice work that lets the building sit comfortably among its neighbors rather than competing with them. Records show renovations in 1987 and 2011; the scope of that work and the current condition of the building's systems need confirming.
Inside, the two-per-floor plan yields large, light-filled homes with the hallmarks of Bing & Bing construction — generous room dimensions, high ceilings, hardwood floors, and the kind of solid masonry walls that keep the building quiet. Layouts run to spacious classic configurations, several with corner exposures and Park Avenue frontage, and the building's full-floor potential on select landings makes it attractive to buyers assembling larger homes.
Building operations
565 Park Avenue runs as a full-service cooperative. A 24-hour doorman attends the canopied entrance, and the building is staffed with both a live-in resident manager and a live-in superintendent — a depth of on-site management unusual for a building of this size and a meaningful comfort to owners. Private basement storage and a bike room round out the practical amenities.
Pets are permitted. Financing is allowed to 25%, with an additional 25% available subject to board approval. A 2% flip tax applies; the fee panel shows it paid by the seller, so confirm the payer. Subletting is permitted with conditions. Confirm the building's current liquidity, ownership and occupancy requirements from its application instructions.
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 purchase price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of August 2026
Purchase
9 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $600 or $1,000 (Trust Purchase - if permitted by Corporation) | Refundable Not stated |
| Application Processing Fee for Co-applicant or GuarantorPer applicant | Paid by Buyer | When With the application | Amount $250 per Co-applicant/ Guarantor | Refundable Not stated |
| Credit Report FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When With the application | Amount $300 (if financing) | Refundable Not stated |
| Lead Paint Disclosure Fee | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
| Closing FeePer share | Paid by Seller | When At closing | Amount $800 ($850 without a Broker) plus $0.05 per share | Refundable Not stated |
| Sale by an Estate or Trust - Closing FeePer share | Paid by Seller | When At closing | Amount $1,000 plus $0.05 per share | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-in Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-out Deposit | Paid by Seller | When With the application | Amount $500 | Refundable Refundable |
Refinance
3 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
| Credit Report FeePer applicant | Paid by Shareholder | When With the application | Amount $100 per applicant | Refundable Not stated |
Ownership transfer
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Transfer Fee | Paid by Shareholder | When With the application | Amount Contact Transfer Agent for fee schedule | Refundable Not stated |
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
- 25% 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
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
- 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.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- 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
- $1,063 per room a monthMedian of 4 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
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Bike storage, 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. 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
- $45,683/yr
- Per unit / month range
- $0 – $136
- Modeled exposure split equally across 28 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 data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
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).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
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 |
|---|---|---|---|---|---|
| Sep 17, 2025 | — | 3 BR · 2.5 BA | $4,450,000 | -1.0% | |
| Jan 12, 2024 | 2W | 3 BR · 3.5 BA · 1,800 sf | $2,200,000 | $1,222/sf | -4.1% |
| Jan 12, 2024 | 6W | 3 BR · 3 BA · 2,200 sf | $4,700,000 | $2,136/sf | +0.0% |
| Dec 16, 2022 | PHB | 2 BR · 2 BA | $2,000,000 | -33.2% | |
| Aug 23, 2022 | 6E | 2 BR · 2 BA | $1,975,000 | +0.0% | |
| May 26, 2022 | 4E | 3 BR · 2 BA | $1,250,000 | -16.4% | |
| Oct 4, 2021 | 10W | 3 BR · 3 BA · 2,100 sf | $4,500,000 | $2,143/sf | +0.0% |
| Feb 7, 2019 | 6W | 3 BR · 3 BA | $4,025,000 | -22.6% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,679/sf (recorded) across 2 sales. The building has traded as recently as 2025. Median listing discount 2.8% 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 |
|---|---|---|
| Mar 31, 2005 | 12W | $3,500,000 |
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 1-01397-0004). 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.
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What to know if you’re buying
The building is a small, full-service pre-war cooperative on Park Avenue with two homes per floor and live-in management. Expect a thorough board process and a financing posture that rewards strong balance sheets — the building permits 25% financing, with a further 25% only by board approval, so buyers should plan for substantial liquidity beyond the purchase price. Pets are welcome, and the 2% flip tax falls to the buyer, a closing cost worth modeling early. Review actual listings and dated transfers when assessing availability, including larger corner and Park-facing homes.
What to know if you’re selling
The selling case writes itself: a Bing & Bing pedigree, a Robert T. Lyons design, two-per-floor privacy, and a staffing model — live-in manager and live-in super — that buyers reward. Presentation and a clean, board-ready buyer matter more here than in larger buildings; with so few comparable trades inside the building, pricing leans on the broader lower-Park Avenue pre-war co-op set and on the specific virtues of the apartment's floor, exposure, and condition. We position each listing against that comparable tier and prepare sellers for the buyer-paid flip tax and the board's expectations.
Comparable buildings
If you're considering 565 Park Avenue, also look at these nearby Park Avenue and Lenox Hill cooperatives:
- 550 Park Avenue — pre-war cooperative across Park Avenue to the south
- 555 Park Avenue — Park Avenue cooperative peer
- 570 Park Avenue — full-service pre-war co-op nearby
- 580 Park Avenue — established Park Avenue cooperative
- 610 Park Avenue — distinguished Park Avenue address to the north
More Park Avenue buildings
- The Yosemite (550 Park Avenue) — 1917 co-op by J.E.R. Carpenter
- 555 Park Avenue — 1912 co-op by George and Edward Blum
- 563 Park Avenue — 1910 co-op
- 570 Park Avenue — 1916 co-op by Emery Roth
- 571 Park Avenue — 1927 co-op by George F. Pelham
- 580 Park Avenue — 1923 co-op by J.E.R. Carpenter
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 Lonsdale?
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