580 Park Avenue
580 Park Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1013780033 · BIN 1041036
- Year built
- 1923
- Type
- Cooperative
- Units
- 60
- Floors
- 14
- Landmark
- Designated
- Flip tax
- A flip tax applies, paid by the buyer; confirm the rate at the offer stage.
- Financing
- Up to 50% financeable (50% minimum down).
- Subletting
- Not permitted — an owner-occupancy building.
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children not permitted.
- Guarantors
- Permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $5.8M
- Recent range
- $1M – $7M
- Listing discount
- 4.2%
- Recorded transfers
- 37
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.
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 FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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
- Flip tax
- 3% flip tax paid by buyer
- Sublet policy
- Not allowed
- Pied-à-terre
- 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 |
|---|---|---|---|---|---|
| Jul 9, 2026 | 11A | 4 BR · 3 BA · 3,000 sf | $4,800,000 | $1,600/sf | -4.0% |
| Mar 6, 2025 | 6A | 3 BR · 2.5 BA · 2,900 sf | $7,025,000 | $2,422/sf | -9.1% |
| Jun 18, 2024 | 6C | 4 BR · 2.5 BA · 2,800 sf | $4,700,000 | $1,679/sf | -1.1% |
| Mar 19, 2024 | 1F | 2 BA · 1,050 sf | $1,000,000 | $952/sf | -33.3% |
| Feb 14, 2024 | 8B | 2 BR · 3 BA | $3,200,000 | -4.5% | |
| Aug 21, 2023 | 7C | 3 BR · 3 BA | $4,500,000 | +0.0% | |
| Nov 1, 2022 | 7A | 3 BR · 3.5 BA | $4,600,000 | -7.9% | |
| Sep 8, 2022 | 6D | 3 BR · 3.5 BA | $5,950,000 | -4.0% |
Market read. Most recent trades (2026) cleared a median $1,600/sf across 1 sale. Median listing discount 4.5% 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.
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 1-01378-0033) 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
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.
Comparable buildings
If you're considering 580 Park Avenue, also evaluate:
- 625 Park Avenue — J.E.R. Carpenter 1929–31; nearby Carpenter peer
- 950 Park Avenue — J.E.R. Carpenter 1921; smaller Carpenter peer
- 555 Park Avenue — Blum brothers 1914; same southern Park Avenue corridor
- 660 Park Avenue — York & Sawyer 1927; nearby southern Lenox Hill
- 720 Park Avenue — Candela / Cross & Cross 1929; tier-one Park Avenue
- 1185 Park Avenue — Schwartz & Gross 1929; the other large full-block 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 580 Park Avenue?
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 580 Park Avenue 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.