Cooperative · 1916
None in common use
570 Park Avenue, New York, NY 10065
Buildings·Cooperative

570 Park Avenue

570 Park Avenue, New York, NY 10065

At a glance
Year built
1916
Type
Cooperative
Units
52
Landmark
No

570 Park Avenue is among the early Park Avenue luxury cooperatives — a 1916 Emery Roth commission for the Bing & Bing development firm, built on the southwest corner of East 63rd Street and converted to cooperative ownership in 1923. The 1916 vintage places it among the earlier examples of the Park Avenue apartment-house tradition, pre-dating the great 1920s boom that produced the avenue's most famous Candela and Carpenter buildings to the north.

The Roth / Bing & Bing pairing is the building's pedigree. Emery Roth is best remembered for his three twin-towered Central Park West landmarks, but his pre-war work for Bing & Bing produced a series of refined, beautifully detailed apartment houses, of which 570 Park is a distinguished example. The building's Georgian composition — richly textured and patterned red brick, exquisitely molded white terra-cotta ornament, and an unusually rich two-story white-marble base beneath a canopied entrance — gives it a presence on lower Park Avenue that belies its relatively intimate scale of 52 apartments.

That intimate scale is itself a defining feature. At a corner near the southern end of the residential Park Avenue corridor — within walking distance of Central Park, the Frick Collection, the Whitney, the Park Avenue Armory, and Madison Avenue shopping, and one block from the F train with the 4/5/6 five blocks east — 570 Park offers buyers a boutique pre-war cooperative with Emery Roth architecture, gracious layouts, and the discretion of a small shareholder community.

Architecture and unit composition

Roth's facade is a textured, ornamental Georgian composition: the patterned red brick carries decorative coursing, the white terra-cotta detailing is exquisitely molded, and the two-story white-marble base lends the entrance an unusual richness for a building of this scale. The lobby continues the theme — a marble floor, a coffered ceiling, and a canopied street entrance. The corner siting at East 63rd Street gives the building cross-exposures and a commanding presence at the intersection.

The 52 apartments range from six to nine rooms, arranged in the gracious pre-war manner: high ceilings, spacious living rooms, libraries, pantries, grand entry galleries, and semi-private elevator landings. Each apartment has at least one wood-burning fireplace — a genuine rarity in the modern market — and in-unit washer/dryers are permitted. The small unit count produces larger average floor plates than the bigger Park Avenue buildings of the same era. Finish and configuration vary apartment to apartment after a century of ownership and renovation.

Building operations

570 Park Avenue operates as a full-service pre-war cooperative, with a 24-hour doorman and porter service, a live-in resident manager, a fitness center, private storage units, and a central laundry room.

The co-op's rules are notably accommodating for a tier-one Park Avenue building: pets are permitted, pied-à-terre ownership is allowed, and subletting is permitted. Financing is capped at 50% of the purchase price, and a 3% flip tax is paid by the purchaser at closing. Trust purchases and secondary-residence ownership are considered case by case, while corporate purchases are not permitted and the purchase of non-contiguous apartments is disallowed. Renovation is reviewed with attention to the building's pre-war character, and in-window air conditioners and windows are governed by the building's replacement standards.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$24,378/yr
Per unit / month range
$0 – $39
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

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.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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

Sales context at 570 Park Avenue:

  • Turnover is limited given the small scale — 52 units — and the long-hold nature of Park Avenue cooperative ownership; closings are episodic rather than steady.
  • Pricing occupies the pre-war Park Avenue cooperative range, with the larger eight- and nine-room and corner configurations commanding the building's strongest prices.
  • Comparable analysis is most reliable at the apartment level given floor, exposure, and room count; this page does not assert individual sale prices.

What to know if you’re buying

The Emery Roth pedigree and the wood-burning fireplaces are genuine assets. Roth's pre-war Bing & Bing work is admired and identifiable, and working fireplaces are increasingly scarce in the co-op market.

The rules are flexible by Park Avenue standards. Pets, a pied-à-terre, and subletting are all permitted — unusual at this tier — though financing is capped at 50% and a 3% flip tax falls to the buyer at closing.

The boutique scale shapes the experience. A 52-unit cooperative offers discretion and a small shareholder community — and, correspondingly, infrequent inventory.

The 1916 vintage is structural. Six- to nine-room layouts, high ceilings, and early-pre-war systems reward thoughtful renovation planning within the building's standards.

What to know if you’re selling

The Roth / Bing & Bing authorship, the marble base, and the fireplaces are marketing assets. Listing copy should foreground the 1916 pre-war pedigree and the building's distinctive presence on lower Park Avenue.

The accommodating rules widen the buyer pool. Pet, pied-à-terre, and sublet flexibility distinguish 570 Park from stricter Park Avenue cooperatives — say so directly.

Pricing requires apartment-level comparable analysis. With 52 units in mixed pre-war configurations, floor, exposure, and renovation history drive value more than building averages.

Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract signing to closing.

Comparable buildings

If you're considering 570 Park Avenue, also evaluate:

The Roebling Team at None in common use

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Park Avenue buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at 570 Park Avenue, a 30-minute consultation is the right starting point.

Considering a move at None in common use?

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.

Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com