- Year built
- 1948
- Type
- Condominium
- Units
- 77
- Floors
- 18
- Landmark
- Designated
715 Park Avenue is structurally distinct in the Park Avenue residential market for a single material fact: it is one of very few condominiums on Park Avenue between East 60th and East 79th Streets. Most Park Avenue residential in that stretch operates as cooperative ownership; the condominium form at 715 Park (and at 610 Park to the south) is exceptional, and the structural transactional advantages that the condominium form supports — pied-à-terre use, subletting flexibility, LLC and trust ownership, foreign buyer accessibility, materially faster closings, and reduced board-approval scrutiny — distinguish 715 Park from the surrounding cooperative tier.
The building was constructed in 1948 by Emery Roth & Sons — the firm operating after the 1948 death of Emery Roth Sr., the architect responsible for The Beresford, The San Remo, The Eldorado, The Ardsley, The Drake, and The Oliver Cromwell, among others. Roth Sr. was the architect most associated with the Central Park West pre-war twin-towered apartment-house tradition; the 715 Park commission represents the firm's transition into its post-war successor generation. The 1948 vintage places the building among the first new Park Avenue residential commissions after the wartime construction freeze.
The 1984 condominium conversion is among the earlier condominium conversions on the Upper East Side and predates the broader 1990s-2000s conversion wave that would produce most of Manhattan's contemporary condominium inventory.
Carter Horsley's CityRealty review treats the cross-block between Park and Lexington at 715 Park as "one of the most impressive in the city" — a function of both the resident caliber over the building's history and the surrounding townhouse fabric on East 70th and East 71st Streets.
Architecture and unit composition
The 77 condominium residences distribute across the building's 18 stories in configurations from one-bedroom apartments through penthouse-tier duplexes. The penthouse configuration includes a duplex apartment with a 775-square-foot terrace; multiple upper-floor apartments carry wraparound terraces and private balconies, a structural feature distinguishing the building from peer cooperative inventory on the corridor.
Apartment interiors carry the post-war modernist architectural vocabulary characteristic of the 1948 vintage, with select units upgraded to contemporary luxury condominium specifications during the 1984 conversion and subsequent renovation cycles. Waterworks bathroom installations, Wolf and Sub-Zero and Miele kitchen specifications, and similar high-end finishes appear across the renovated apartment inventory.
The building does not have central air conditioning; through-wall units are the standard configuration.
CityRealty assigns the building a rating of 77.
Building operations
715 Park operates as a full-service condominium with full-time doorman, concierge, attended elevators (the building retains elevator operators), and live-in superintendent. The amenity infrastructure includes a roof deck, central laundry, bike storage, and private storage. The building does not carry an on-site garage, a fitness center, or central air conditioning — the operational baseline reflects the building's 1948 construction and the limited 1984 conversion scope.
Broker comments aggregated by CityRealty describe a "streamlined approval process" — consistent with the condominium form's structural reduction in board-approval scrutiny relative to peer cooperative buildings. The minimum down payment is typical for the condominium tier (approximately 20 percent), and the broader policy framework supports the transactional flexibility characteristic of condominium ownership.
What to know if you’re buying
The condominium form is the building's structural value proposition. Pied-à-terre permitted, subletting supported, LLC and trust ownership accepted, foreign buyers welcomed — together produce a transaction structure unavailable at peer Park Avenue cooperative inventory.
The 1948 Emery Roth & Sons pedigree is real. The firm's transition from Roth Sr. to the post-war Roth & Sons era; 715 Park is among the first new Park Avenue residential commissions of the post-war cycle.
Apartment-level outdoor space is structurally distinctive. The 775-square-foot penthouse terrace and the wraparound terraces and balconies on multiple upper-floor units are uncommon among Park Avenue cooperative peers.
The historic Elizabeth Taylor / Mike Todd penthouse residency is part of the building's documented history. CityRealty editorial coverage references the Taylor-Todd residence (and Richard Burton during the subsequent Burton-Taylor period) as among the building's notable cultural-history points.
Verify operational specifics during due diligence. The condominium ownership form does not eliminate due diligence; offering plan policies, current capital project status, the LL11 façade cycle on the 1948 vintage, and broader operational baselines should be reviewed.
Closing timelines are condominium-fast. Right-of-first-refusal mechanism; 30–45 day pacing typical.
What to know if you’re selling
Marketing should lead with the condominium-on-Park-Avenue rarity and the apartment outdoor space. Both are structural identity features.
The Emery Roth & Sons architectural credential is real. The firm's broader body of work — particularly the Central Park West pre-war commissions — supports the architectural-pedigree marketing argument.
Closing timelines are condominium-fast.
Comparable buildings
If you're considering 715 Park Avenue, also evaluate:
- 610 Park Avenue (The Mayfair) — Carpenter 1925 hotel converted to condominium 1997–98; the other rare Park Avenue condominium
- 45 Park Avenue — Murray Hill condominium peer
- 520 Park Avenue — Stern / Zeckendorf 2018; uptown new-construction condominium peer
- The Pierre cooperative — Park Avenue at 61st; hotel-conversion trophy peer
- 700 Park Avenue — Kahn & Jacobs 1959; immediate post-war Park Avenue cooperative peer (different ownership form)
The Roebling Team at 715 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 condominium buyers and sellers deserve building-specific intelligence — architectural attribution, condominium-versus-cooperative context, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 715 Park, a 30-minute consultation is the right starting point.