625 Park Avenue
625 Park Avenue, New York, NY 10065
BBL 1014000001 · BIN 1042414
- Year built
- 1929
- Type
- Cooperative
- Units
- 29
- Floors
- 14
- 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
- Pied-à-terre
- Requires confirmation
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Not permitted
- Flip tax
- 2% of the purchase price, paid by the buyer
- Doorman
- Full-time doorman
- Subletting
- Permitted with Board approval. Short-term rentals and AirBnB are not permitted.
- Pied-à-terre
- Requires confirmation
- Washer / dryer
- Not permitted (central laundry).
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children not permitted.
- Guarantors
- Not 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.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 625 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.
625 Park Avenue is a J.E.R. Carpenter cooperative commissioned by banker Louis Graveraet Kaufman, built 1929–1931 at the absolute apex of the pre-Depression Park Avenue construction cycle. Carpenter is the architect who, more than any other, established the typology of the modern Park Avenue and Fifth Avenue luxury apartment building. The firm's broader portfolio includes 580 Park, 635 Park, 950 Park, 825 Fifth, 907 Fifth, and 988 Fifth, among additional Fifth Avenue and Park Avenue commissions.
What distinguishes 625 Park within the Carpenter portfolio is the materiality and scale. Confirm the façade's material distribution against the original LPC report; a uniform full-height limestone elevation and associated cost ranking are not established. The 29-apartment count is also unusually small for a 14-story building of the era, but the count alone does not establish larger apartment dimensions than other 1929-vintage Park Avenue cooperatives.
625 Park Avenue lies within the Upper East Side Historic District; it is not an individual landmark. Confirm the approvals required for any particular proposed work with the building and LPC.
The 1929–1931 construction window places 625 Park in the same exact cycle as the absolute apex of pre-war Park Avenue luxury — 720 Park (Candela / Cross & Cross 1929), 740 Park (Candela 1929–30), 770 Park (Candela 1929), 778 Park (Candela 1931), 1185 Park (Schwartz & Gross 1929). 625 Park sits within that peak vintage with a particular combination of attributes — Carpenter authorship, masonry elevation with material distribution to confirm, 29-apartment scale, banker-developer provenance — to compare with the specific features of peer buildings.
For buyers, 625 Park represents a specific tier of Lenox Hill Park Avenue inventory: Carpenter authorship at the apex of his Park Avenue work, masonry construction with façade materials to confirm, and 29 reported apartments, with actual turnover to establish from dated transfers.
Architecture and unit composition
The 29 apartments span configurations weighted heavily toward larger 4–5+ BR layouts across the 14 stories — the unit count and gross floor area do not establish measured apartment living areas or a size ranking against other 1929-vintage Park Avenue cooperatives. The building's most architecturally distinctive apartments are the upper-floor full-floor configurations and the lower-floor maisonettes where applicable.
Carpenter's 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.
Document the actual lobby and public-space materials and classical detailing; neither a full-height limestone exterior nor a construction-quality ranking is established here.
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
625 Park Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 29-apartment count does not establish annual turnover; review dated transfers and active listings.
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.
Application and transaction fees
Fees below are from building management's published schedule, as of July 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
- Buyer
Source: building management's published schedule, as of July 2026
Purchase
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Credit/Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $150 per applicant/adult occupant | Refundable Non-refundable |
| Closing Fee | Paid by Shareholder | When At closing | Amount $750 with broker, or $800 without a broker | Refundable Non-refundable |
| Closing Fee for Estate Sale | Paid by Shareholder | When At closing | Amount $800 with a Broker, or $850 without a Broker | Refundable Non-refundable |
Sublet
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Subtenant | When With the application | Amount $1,000 | Refundable Non-refundable |
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
- Guarantors
- Not permittedSource: building management's published schedule, as of July 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of July 2026
- Parent buying for an employed child
- Not permittedSource: building management's published schedule, as of July 2026
- Parent buying for a student child
- Not permittedSource: building management's published schedule, as of July 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of July 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
- PermittedSource: building management's published schedule, as of July 2026
- Pied-à-terre ownership
- Requires confirmationSources differ. Confirm with building management.
- Short-term rentals
- Not permittedSource: building management's published schedule, as of July 2026
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: building management's published schedule, as of July 2026
- In-unit washer/dryer
- Not permittedSource: building management's published schedule, as of July 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
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
- 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
- $20,284/yr
- 2030–2034 annual penalty
- $124,190/yr
- Per unit / month range
- $53 – $323
- Modeled exposure split equally across 32 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).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Sublet policy
- Allowed
- Pied-à-terre
- Requires confirmation
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 |
|---|---|---|---|---|---|
| Jun 1, 2023 | 5A | 3 BR · 5.5 BA · 5,119 sf | $14,200,000 | $2,774/sf | -2.1% |
| Jun 9, 2022 | 2A | 2 BR · 3.5 BA | $5,387,500 | -10.1% | |
| Jan 14, 2022 | 1AD | 3 BR · 5.5 BA · 5,025 sf | $9,150,000 | $1,821/sf | -28.2% |
| Jan 14, 2022 | 1AD | 5 BR · 5.5 BA · 5,025 sf | $12,250,000 | $2,438/sf | -23.2% |
| Feb 16, 2016 | 6A | 4 BR · 4 BA · 5,300 sf | $13,000,000 | $2,453/sf | -21.2% |
| Oct 1, 2013 | 2D | 1 BR | $1,825,000 | -2.7% | |
| May 17, 2012 | 9A | 4 BR | $17,250,000 | -11.5% | |
| Oct 13, 2011 | 4 | 6 BR · 7.5 BA | $25,000,000 | -20.6% |
Market read. Most recent trades (2023) cleared a median $2,774/sf (recorded) across 1 sale. Median listing discount 11.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01400-0001). 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 Carpenter authorship and the documented façade detailing are the architectural anchors. Carpenter's Park Avenue / Fifth Avenue portfolio defines the typology; describe 625 Park's actual material distribution and detailing without assigning a portfolio-wide quality ranking.
Historic-district status matters for renovation planning. 625 Park lies within the Upper East Side Historic District, so exterior work generally requires an LPC permit; confirm the approvals required for any particular proposed work with the building and LPC. The constraint is real but well-understood and not unusual for tier-one Park Avenue inventory.
Review the actual transaction pattern. The 29-apartment count does not establish turnover or a usable comparison sample; review dated recorded sales and current listings.
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.
Confirm the board's requirements directly. Confirm the building's current financing, liquidity, ownership and occupancy requirements from its proprietary lease, house rules and application instructions.
What to know if you’re selling
The Carpenter authorship and the Kaufman commission are differentiating marketing assets. Listing copy should foreground both — they distinguish 625 Park from the broader pool of pre-war Park Avenue inventory.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially given the small unit count and apartment-level heterogeneity.
Comparable buildings
If you're considering 625 Park Avenue, also evaluate:
- 580 Park Avenue — J.E.R. Carpenter 1923; nearby Carpenter peer
- 635 Park Avenue — J.E.R. Carpenter; Carpenter peer
- 660 Park Avenue — York & Sawyer 1927; nearby southern Lenox Hill
- 720 Park Avenue — Candela / Cross & Cross 1929; same vintage tier-one
- 740 Park Avenue — Candela 1929–30; the Gold Coast apex
- 778 Park Avenue — Candela 1931; 18 full-floor apartments
More Park Avenue buildings
- 605 Park Avenue — 1954 co-op by Sylvan Bien
- 610 Park Avenue (The Mayfair) — 1925 condominium
- 620 Park Avenue (The Palacio) — 1924 co-op by J.E.R. Carpenter
- 630 Park Avenue — 1916 co-op by J.E.R. Carpenter
- 635 Park Avenue (The Adelaide) — 1912 co-op by J.E.R. Carpenter
- 640 Park Avenue — 1913 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 625 Park Avenue?
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