571 Park Avenue
571 Park Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1013970069 · BIN 1042059
- Year built
- 1927
- Type
- Cooperative
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $765K
- Recent range
- $290K – $3.5M
- Listing discount
- 10.5%
- Recorded transfers
- 196
571 Park Avenue — The Beekman — is a 1927 cooperative on the corner of Park Avenue and East 63rd Street, one of the most distinctive buildings in Lenox Hill because of how it began. George F. Pelham designed it in the Italian Renaissance palazzo style as a residential hotel, the Beekman, and it operated that way for decades before converting to a cooperative in 1969. That heritage still defines the building: it runs with a level of service unusual even on Park Avenue, more like a five-star hotel than a typical pre-war co-op.
The architecture announces the pedigree. A three-story rusticated limestone base anchors a buff masonry tower detailed with decorative balconies and a stringcourse banding the 14th floor, all beneath a ceremonial entrance marquee. Inside, the hotel origins translate into a service model — concierge, valet, scheduled maid service, room service from the ground-floor restaurant — that few buildings in the city can match. For buyers, the appeal is a turnkey, full-service Park Avenue address at 63rd Street, steps from the boutiques of Madison Avenue, the shops of Fifth, and Central Park.
Architecture and unit composition
Pelham designed The Beekman in the confident pre-war manner: limestone at the base, a buff-brick body, Renaissance detailing, and a silhouette meant to read as a Park Avenue palazzo. At 16 stories with roughly 110 residences, the building reflects its hotel beginnings in the variety of its layouts — a mix that runs from compact studios and one-bedrooms (a legacy of the hotel-suite floor plates) to larger combined and family-sized homes assembled over the years.
The interiors carry pre-war proportions where the original layouts allow — high ceilings, hardwood floors, and gracious entertaining space — while the smaller lines offer an accessible entry point to a white-glove Park Avenue cooperative, a genuinely rare thing in this stretch of Lenox Hill. Higher floors capture open city light and avenue views.
Building operations
The Beekman is one of the most heavily serviced cooperatives on Park Avenue. A 24-hour doorman and concierge staff the lobby, supported by valet service, scheduled maid service, and room service delivered from the building's ground-floor restaurant — a direct inheritance of its hotel era. Shared amenities include a fitness center, a rooftop deck, bicycle storage, and central laundry. On board policy, the building permits 50% financing and applies a 3% flip tax paid by the purchaser; it allows pieds-à-terre, trust, and LLC purchases and maintains a liberal sublease policy, while pets are not permitted.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $142,800/yr
- Per unit / month range
- $0 – $100
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 →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 15, 2026 | 1205 | 1 BR · 1 BA | $365,000 | -7.6% | |
| Apr 30, 2026 | 1407 | 4 BR · 3 BA · 2,763 sf | $3,450,000 | $1,249/sf | -13.7% |
| Mar 2, 2026 | 509 | 1 BR · 1 BA | $455,000 | -4.2% | |
| Feb 26, 2026 | 1105 | 1 BR · 1 BA | $365,000 | -8.6% | |
| Jan 6, 2026 | 1403 | 1 BR · 1 BA | $425,000 | -10.5% | |
| Sep 19, 2025 | 507 | 2 BR · 2 BA · 1,400 sf | $800,000 | $571/sf | -13.5% |
| Sep 8, 2025 | 206208 | 5 BR · 4.5 BA · 3,300 sf | $4,200,000 | $1,273/sf | -6.7% |
| Aug 18, 2025 | 1508 | 2 BR · 2 BA | $765,000 | -10.0% |
Market read. Most recent trades (2026) cleared a median $1,249/sf across 1 sale. Median listing discount 8.3% 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 |
|---|---|---|
| Nov 24, 2009 | 902 | $3,250,000 |
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 1-01397-0069) 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
This is a cooperative purchase, so plan on a board application and interview, though the building's policies are comparatively accommodating: 50% financing, pieds-à-terre and entity purchases permitted, and a liberal sublease stance — a flexibility that sets it apart from the stricter co-ops nearby. Note that pets are not permitted and the 3% flip tax is paid by the buyer; both belong in your underwriting. The smaller lines are an unusually accessible entry to a white-glove Park Avenue address; the larger combined homes are the rarer, more competitive prize. Weigh the value of the hotel-grade service against the maintenance it supports. We help buyers read the financials, evaluate the line and floor, and structure the deal.
What to know if you’re selling
The selling story here is service and provenance. Lead with the hotel heritage and the staffing that comes with it — concierge, valet, maid service, restaurant room service — alongside a 1927 Pelham-designed Italian Renaissance building on Park Avenue at 63rd Street, and an accommodating board (50% financing, pieds-à-terre and entity purchases allowed, liberal subletting). For the smaller lines, position the building as a rare, attainable foothold on white-glove Park Avenue; for the larger homes, benchmark to the pre-war Park Avenue cooperative set. A clean renovation closes the gap on the older floor plates. We position each listing to its strongest feature and run the comparable analysis that gets it sold.
Comparable buildings
If you're considering 571 Park Avenue, also evaluate these nearby Park Avenue cooperatives:
- 570 Park Avenue — pre-war cooperative directly across 63rd Street
- 580 Park Avenue — full-service pre-war Park Avenue cooperative
- 605 Park Avenue — Park Avenue cooperative a few blocks north
- 550 Park Avenue — pre-war Park Avenue peer nearby
- 555 Park Avenue — Park Avenue cooperative in the immediate area
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 Beekman?
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 Beekman 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.