- Year built
- 1927
- Type
- Cooperative
- Units
- 47
- Floors
- 14
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Lenox Hill pre-war cooperatives)
Every recorded sale at this building, 2005–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $5.6M
- Recent range
- $3.9M – $18.3M
- Listing discount
- 8.8%
- Recorded transfers
- 40
765 Park Avenue is a Rosario Candela cooperative — and within Candela's body of work, 765 Park is among the buildings most consistently cited as a top-tier commission. Candela is the architect most associated with the apex tier of pre-war Manhattan luxury apartment design, and his portfolio across the 1920s defined the architectural ceiling of both Park Avenue and Fifth Avenue: 720 Park, 740 Park, 770 Park, 778 Park, 834 Fifth, 960 Fifth, 1040 Fifth, among additional commissions.
The 1927 vintage at 765 Park places the building near the front of Candela's tier-one Park Avenue work, immediately before the construction-cycle peak of 1929–1931 that produced 720 Park, 740 Park, 770 Park, and 778 Park. The architectural discipline visible at 765 Park — apartment layouts, floor-plate logic, classical exterior detailing — sits within the same craft tradition as those later buildings.
The corner positioning at Park Avenue and East 72nd Street is among the most consequential intersections in Lenox Hill. The Madison Avenue retail corridor runs immediately east. The Frick Collection is two blocks south at 70th and Fifth. The Whitney's former Marcel Breuer building (now the Frick Madison) is one block south at Madison and 75th. The dense pre-war Park Avenue cooperative inventory — 740 Park three blocks north, 778 Park one block north, 720 Park further south — extends in both directions from the building.
The 47-apartment count over 14 stories is moderate by Candela tier-one standards — neither as small as the 31-apartment 740 Park nor as large as some of the firm's higher-volume side-street work. The scale produces apartment configurations that retain Candela's signature room logic without the absolute scarcity of the most exclusive buildings.
For buyers, 765 Park represents a particular tier of Lenox Hill Park Avenue inventory: tier-one Candela authorship at a top-cited commission, 47-apartment scale producing moderate annual turnover, corner Park Avenue / 72nd Street positioning at the heart of the Lenox Hill / Madison Avenue / Frick triangle, and pricing materially below the absolute apex at 740 or 778 Park.
Architecture and unit composition
The 47 apartments span configurations from approximately 2,500 sf 3BRs to substantially larger 4–5 BR and full-floor configurations across the 14 stories. The building's most architecturally distinctive apartments are the upper-floor configurations and the corner residences with cross-exposure views.
Candela's pre-war 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 1927 vintage represents Candela's mature apartment-design discipline.
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. 72nd Street-facing apartments to the south have cross-street exposures with stable residential side-street views. The corner positioning produces good light access for the corner-unit configurations.
Building operations
765 Park Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 47-apartment scale produces a moderate institutional density characteristic of late-1920s tier-one Park Avenue cooperative inventory.
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 — rigorous financial review, strong personal references, primary-residence intent the working assumption.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $12,235/yr
- Per unit / month range
- $0 – $22
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
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 →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 |
|---|---|---|---|---|---|
| Jan 20, 2026 | 12B | 5 BR · 6.5 BA | $18,250,000 | -8.8% | |
| Sep 16, 2025 | 6A | 4 BR · 5.5 BA · 3,550 sf | $7,200,000 | $2,028/sf | off-mkt |
| Sep 2, 2025 | 12A | 4 BR · 4.5 BA | $7,295,000 | -14.2% | |
| Jul 1, 2025 | 7B | 4 BR · 5.5 BA · 5,500 sf | $12,500,000 | $2,273/sf | -26.5% |
| Dec 4, 2024 | 9A | 4 BR · 4 BA · 3,600 sf | $7,137,500 | $1,983/sf | -3.5% |
| Nov 14, 2023 | 8D | 3 BR · 3 BA | $5,600,000 | -2.6% | |
| Dec 13, 2021 | 4D | 3 BR · 3 BA | $4,250,000 | -5.6% | |
| Dec 7, 2020 | 6D | 3 BR · 3 BA | $4,975,000 | -9.5% |
Market read. Most recent trades (2025) cleared a median $2,273/sf across 2 sales. Median listing discount 8.8% 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 |
|---|---|---|
| May 6, 2026 | MR24 | $16,300,000 |
| Feb 13, 2026 | 14A1 | $4,250,000 |
| Dec 8, 2023 | 7D | $3,865,808 |
| Jun 16, 2018 | 12C | $40,000,000 |
| Jan 26, 2016 | MR7 | $20,060,879 |
| Dec 18, 2015 | 12/14 | $20,060,880 |
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 1-01407-0001) 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
This is a tier-one Candela building. Buyers attentive to architectural pedigree should understand that 765 Park is consistently named among Candela's top New York commissions — the architectural credential is at the apex of the pre-war Manhattan tradition.
The corner Park / 72nd positioning is structural. The intersection sits at one of the most consequential geographic anchors in Lenox Hill, with Madison Avenue retail and the Frick / Whitney cultural axis immediately adjacent.
Pricing is more accessible than Candela peers at the apex. 765 Park typically trades at materially more accessible per-square-foot pricing than the immediately adjacent 740 / 778 Park, while remaining within the same architectural tradition.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during the contract review process.
Board approval follows tier-one Lenox Hill norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
Renovation is constrained by historic district status and pre-war character. The board reviews scope and quality with attention to preservation of original detail.
What to know if you’re selling
The Candela authorship is the primary marketing asset. Listing copy should foreground Candela's authorship, the building's position within his top-tier portfolio, and the corner Park / 72nd intersection. The architectural credential matters disproportionately to the buyer pool for this tier of inventory.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 765 Park Avenue, also evaluate:
- 740 Park Avenue — Candela / Cross & Cross 1930; the apex of Gold Coast Park Avenue
- 778 Park Avenue — Candela 1931; 18 full-floor apartments
- 720 Park Avenue — Candela / Cross & Cross 1929; tier-one peer
- 770 Park Avenue — Candela 1929; H-shaped duplex inventory
- 730 Park Avenue — Lafayette Goldstone 1929; nearby tier-one peer
- 875 Park Avenue — Blum brothers 1912; Lenox Hill pre-WWI peer
The Roebling Team at 765 Park Avenue
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 Lenox Hill 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 765 Park, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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