Cooperative · 1923
580 Park
580 Park Avenue, New York, NY 10065
Buildings·Park Avenue·Cooperative

580 Park Avenue

580 Park Avenue, New York, NY 10065

At a glance
Year built
1923
Type
Cooperative
Units
60
Floors
14
Landmark
Designated
Pets
Confirm directly with management
Subletting
Restrictive (typical of tier-one Park Avenue cooperatives)

580 Park Avenue is a J.E.R. Carpenter building from 1923, and Carpenter is the architect who, more than any other, established the typology of the modern Park Avenue and Fifth Avenue luxury apartment building. Carpenter's portfolio across the 1910s and 1920s remade both avenues into the residential corridor recognizable today — 625 Park, 950 Park, 635 Park, 825 Fifth, 907 Fifth, 988 Fifth, and additional commissions through the construction-cycle peak. 580 Park is among his substantial Park Avenue work at the front end of the building's apex period.

What structurally distinguishes 580 Park from its Carpenter peers is the site itself. The building occupies the full blockfront between East 63rd and East 64th Streets, one of only three residential buildings on Park Avenue to do so. The full-block plate produces apartment configurations that are unusually deep, exposures that extend across both 63rd and 64th Streets in addition to Park Avenue, and a corner-and-mid-block architecture that no mid-block competitor can replicate.

The Park-and-60th transition immediately south marks the geographic seam where Park Avenue moves from the more commercial Midtown East tradition to the dense residential cooperative corridor. 580 Park sits three blocks north of that transition, at the southern anchor of the tier-one residential Park Avenue corridor. The Park Avenue Armory — the Gilded Age military landmark now operated as an arts venue — is three blocks north.

For buyers, 580 Park represents a specific tier of southern Park Avenue inventory: Carpenter authorship at the front of his Park Avenue portfolio, full-block plate producing apartment configurations no peer can match, and 60-apartment scale producing moderate annual turnover.

Architecture and unit composition

The 60 apartments span configurations from approximately 2,000 sf 2BRs through full-floor and multi-exposure 4–5 BR configurations across the 14 stories. The full-block plate produces apartments with double and triple exposures — Park Avenue west, plus 63rd Street south or 64th Street north on lower floors; the upper-floor full-floor configurations achieve exposures on all four sides.

Carpenter's 1923 signatures throughout: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of staffed 1920s service. The full-block depth produces room counts and apartment dimensions that exceed what mid-block Park Avenue buildings can offer at comparable price points.

Park Avenue-facing apartments on the western flank look across to the Park Avenue median plantings and the buildings on the avenue's west side.

Building operations

580 Park operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 60-apartment scale and full-block plate produce a moderately substantial institutional density.

Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance) should be confirmed directly with property management during due diligence. The board posture follows tier-one Lenox Hill pre-war norms.

Recent sales

Last 5–10 closed sales at 580 Park Avenue (replace this section with current ACRIS data — pull at publication time and refresh quarterly):

[Recent sales table to be populated from ACRIS]

Sales context at 580 Park:

  • Inventory turnover is moderate given the 60-unit scale — typically 4–7 transactions per year.
  • Pricing spans a range — 2–3 BR apartments in the $2.5M–$5M range; larger 4–5 BR and full-floor configurations in the $7M–$15M range; the full-floor and multi-exposure configurations trade at the upper end of that range.
  • Public listing through StreetEasy and Compass private exclusive is standard; the larger configurations more frequently transact through private channels.

What to know if you’re buying

The Carpenter authorship is the architectural anchor. Buyers attentive to architectural pedigree should understand Carpenter's role in defining the Park Avenue / Fifth Avenue apartment-house form — 580 Park sits within a portfolio that includes some of the most consequential addresses on either avenue.

The full-block plate is a structural advantage. Apartment depth and the availability of multi-exposure configurations distinguish 580 Park from the much larger pool of mid-block Park Avenue inventory. This shows up materially in floor plans and in light.

The southern Park Avenue positioning is structural. Walking proximity to Midtown East and the Plaza District alongside the residential Park Avenue tier-one inventory immediately north.

Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during contract review.

Board approval follows tier-one Park Avenue norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.

What to know if you’re selling

The Carpenter pedigree and full-block plate are the marketing assets. Listing copy should foreground both — Carpenter authorship anchors the building in the Park Avenue / Fifth Avenue tier-one architectural tradition, and the full-block site is verifiably rare (one of three on Park Avenue).

Pricing requires apartment-level comparable analysis. Floor altitude, exposure count, configuration, and renovation history all matter substantially given the variation across the 60 apartments.

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

The Roebling Team at 580 Park

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 580 Park, a 30-minute consultation is the right starting point.

Considering a transaction at 580 Park?

A 30-minute consultation is the right starting point.

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