655 Park Avenue
655 Park Avenue, New York, NY 10065
BBL 1014020001 · BIN 1042467
- Year built
- 1924
- Type
- Cooperative
- Units
- 50
- Floors
- 11
- Landmark status
- Not an individual landmark; in the Upper East Side Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Not permitted
- Pied-à-terre
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Flip tax
- 2% of the purchase price, paid by the buyer
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $4.1M
- Recent range
- $2.9M – $16M
- Listing discount
- 8.2%
- Recorded transfers
- 54
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 655 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.
655 Park Avenue is structurally distinguishing within the Park Avenue cooperative tradition for a single architectural feature: the H-shaped plan with a landscaped courtyard garden opening to Park Avenue. The building's two projecting wings flank a deliberate setback that breaks the corridor's typical lot-line-to-lot-line apartment-house massing — a gesture borrowed from the Georgian country house tradition and rare on Park Avenue.
The building's architectural pedigree is a structural pairing. J.E.R. Carpenter brought the apartment-house planning grammar he had perfected at 550, 580, 625, 630, and 635 Park; Mott B. Schmidt — the leading American Georgian classicist of the day, also responsible for Vincent Astor's townhouse and the Sutton Place residences for the Astors and Vanderbilts — supplied the proportional and ornamental restraint. The result reads less as a stacked-mansion apartment block than as a single Georgian country house broken into wings. The 655 Park commission represents one of the rare instances where the two architects worked together on a Park Avenue apartment house.
The building's origin story is structurally consequential to its architectural composition. In 1919, four owners of the Pyne-Davison townhouses on the west side of Park — Harold I. Pratt, Percy Pyne, William Sloane, and Arthur Curtiss James — purchased the property from Hahnemann Hospital specifically to control what would be built across from their houses. They initially commissioned Delano & Aldrich (the firm that had designed Pratt's townhouse) for a 7-story building of 12 triplex apartments. There were no takers. By 1923 the syndicate sold the property to Dwight P. Robinson & Company with strict height and façade restrictions — restrictions that effectively forced Carpenter and Schmidt to design the courtyard-and-wings solution that became 655 Park's defining architectural feature.
655 Park Avenue sits directly across the avenue from the Pyne-Davison neo-Federal townhouse row — the Americas Society at 680 Park and the Italian Consulate at 690 Park — one of the most architecturally significant blockfronts on the Upper East Side. The architectural dialogue between the courtyard at 655 and the protected townhouse row across the avenue is part of the building's structural identity.
Architecture and unit composition
The approximately 50–55 cooperative apartments distribute across the building's mid-block main mass and the two wings. Apartment configurations carry the architectural fabric characteristic of Carpenter's 1924 Park Avenue planning combined with Schmidt's Georgian classical detailing. The H-shape produces three structurally distinct apartment categories: the central mid-block apartments looking out to the courtyard and Park Avenue, the East 67th Street wing apartments, and the East 68th Street wing apartments.
The courtyard garden is the building's principal shared outdoor amenity and a structural architectural feature uncommon on Park Avenue.
Building operations
655 Park operates as a full-service cooperative with 24-hour doorman, elevator operators (the building retains attended elevator service), live-in resident manager, and the landscaped courtyard garden. Specific cooperative policy details (financing maximum, flip tax structure, pet policy, pied-à-terre allowance, sublet duration limits) should be verified directly with management.
Application and transaction fees
Fees below are from building management's published schedule, as of September 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
- Equal to 2% of the gross sales price
- Rate
- 2% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Messenger Fees | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When At closing | Amount $300 (if applicable) | Refundable Non-refundable |
| Managing Agent's Fee | Paid by Shareholder | When At closing | Amount $900 (Shareholder is an Individual) or $1000 (Shareholder is an Estate) | Refundable Non-refundable |
| New York State Stamp TaxPer share | Paid by Shareholder | When At closing | Amount $0.05 per share | Refundable Non-refundable |
| Fidelifacts Credit ReportConditional · Per applicant | Paid by Buyer | When With the application | Amount $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants | Refundable Non-refundable |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fees | Paid by Shareholder | When With the application | Amount $35 | Refundable Non-refundable |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | 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
- Permitted with conditionsPermitted on a case by case basis.Source: building management's published schedule, as of September 2026
- Co-purchasing
- Permitted with conditionsPermitted on a case by case basis.Source: building management's published schedule, as of September 2026
- Parent buying for an employed child
- Permitted with conditionsPermitted on a case by case basis.Source: building management's published schedule, as of September 2026
- Parent buying for a student child
- Permitted with conditionsPermitted on a case by case basis.Source: building management's published schedule, as of September 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of September 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
- Not permittedSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- Permitted with conditionsPermitted on a case by case basis.Source: building management's published schedule, as of September 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of September 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 September 2026
- In-unit washer/dryer
- PermittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $1,006 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
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
- GardenSource: 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $91,061/yr
- Per unit / month range
- $0 – $149
- Modeled exposure split equally across 51 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 record last verified September 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. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
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 |
|---|---|---|---|---|---|
| Feb 6, 2026 | 5E | 3 BR · 3 BA | $5,100,000 | -10.5% | |
| Apr 30, 2025 | 3C | 4 BR · 3 BA | $3,553,619 | -5.2% | |
| Feb 19, 2025 | 6D | 3 BR · 3 BA | $2,912,500 | -7.5% | |
| May 2, 2024 | 8C | 3 BR · 3 BA · 2,300 sf | $4,150,000 | $1,804/sf | -8.8% |
| Jul 7, 2023 | 7E | 4 BR · 5.5 BA | $6,850,000 | -2.1% | |
| Jan 31, 2023 | 10C | 3 BR · 3 BA · 2,400 sf | $4,100,000 | $1,708/sf | -12.8% |
| Nov 2, 2022 | 1A | 3 BR · 2.5 BA | $925,000 | -28.8% | |
| Aug 4, 2022 | 3E | 3 BR · 3 BA | $4,400,000 | -2.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,708/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 11.4% 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 |
|---|---|---|
| Oct 15, 2003 | 3F | $4,750,000 |
| May 14, 2003 | 3A | $7,095,000 |
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 1-01402-0001). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 655 Park Avenue and nearby.
At the recent median sale of $3.55M (3 transfers since 2024), a buyer putting 25% down would pay about $67,854 to close, or 1.9% of the price.
- Mansion tax: $53,304
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The Carpenter + Schmidt architectural pairing is structurally distinguishing. The combination of Carpenter's apartment-house planning grammar and Schmidt's American Georgian classical detailing produces a building that reads as a stacked Georgian country house broken into wings.
The courtyard garden is structural. The H-shape with the Park Avenue-opening landscaped courtyard is uncommon on Park Avenue and a function of the building's specific origin story.
The Pyne-Davison blockfront across Park Avenue is real architectural context. The Americas Society at 680 Park and the Italian Consulate at 690 Park — both single-family Walker & Gillette townhouses converted to institutional use — produce a structurally protected architectural setting directly across the avenue.
Apartment-line variation is meaningful. Central mid-block, East 67th wing, and East 68th wing apartments each carry distinct exposure characteristics and structural conditions.
Verify operational specifics during due diligence. Specific board approval framework, financing structure, flip tax, sublet duration limits, current capital project pipeline, and the LL11 façade cycle on the 1924 vintage should be reviewed.
Closing timelines are cooperative-standard. Plan for 6–10 weeks from contract through board approval to closing.
What to know if you’re selling
Marketing should emphasize the Carpenter + Schmidt architectural pairing and the H-shape courtyard. Both are real architectural identity features.
The Pyne-Davison blockfront across the avenue is part of the marketing context. The protected townhouse row produces a structurally distinctive architectural setting.
Pricing requires apartment-line-specific comparable analysis. Central versus wing apartments carry meaningful pricing differentiation.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 655 Park Avenue, also evaluate:
- 635 Park Avenue (The Adelaide) — Carpenter 1912; same-architect Park Avenue peer
- 625 Park Avenue — Carpenter Park Avenue peer
- 640 Park Avenue — Carpenter 1914; full-floor configuration peer
- 740 Park Avenue — Candela / Cross & Cross 1929–30; trophy pre-war cooperative
- 820 Fifth Avenue — pre-war Fifth Avenue trophy peer
More Park Avenue buildings
- 635 Park Avenue (The Adelaide) — 1912 co-op by J.E.R. Carpenter
- 640 Park Avenue — 1913 co-op by J.E.R. Carpenter
- 650 Park Avenue — 1963 co-op
- 660 Park Avenue — 1927 co-op by York & Sawyer
- 700 Park Avenue — 1959 co-op by Paul Resnick
- 710 Park Avenue — 1948 co-op by Sylvan Bien
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 655 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