Cooperative · 1927
775 Park
775 Park Avenue, New York, NY 10021
Buildings·Park Avenue·Cooperative

775 Park Avenue

775 Park Avenue, New York, NY 10021

CorridorPark Avenue
At a glance
Year built
1927
Type
Cooperative
Units
47
Floors
14
Landmark
Designated
Pets
Cats and dogs permitted

775 Park Avenue is the first significant Park Avenue commission of the Rosario Candela / Michael E. Paterno collaboration — the architect-developer partnership that would subsequently produce 740 Park (1929) and 770 Park (1930), among the most architecturally consequential trophy cooperatives on the corridor. The 1927 completion of 775 Park predates the firm's landmark partnerships at 740 and 770 Park by two and three years respectively.

The building's full-block Park Avenue frontage gave Candela the rare design opportunity of a continuous classical composition rather than a corner accent. The architectural composition is most legibly read in the symmetrical placement of four maisonette entrances along the East 72nd Street face, each capped by an elaborate broken-pediment surround. The two-story limestone base, the red-brick body above, and the Italian Renaissance detailing together produce one of the architecturally most refined Candela commissions of the late 1920s — and one of the few Candela buildings developed with the full-block frontage configuration.

The site replaced 10 row houses — a development scale that signals the avenue's late-1920s transformation from townhouse street to apartment corridor.

775 Park sits across the avenue from 740 Park, producing a structural architectural pairing of the two Candela-Paterno commissions on the same Park Avenue intersection. The dialogue between 775 Park's full-block Italian Renaissance composition and 740 Park's Candela / Cross & Cross collaboration two years later represents a specific architectural-history moment within the broader Park Avenue cooperative tradition.

Architecture and unit composition

The 47 cooperative apartments distribute across the building's 14 stories in configurations carrying the substantial Candela layout discipline. Apartment scale runs from 9 to 16 rooms; ceiling heights run between 10 feet 4 inches and 13 feet; apartment-level features include 2 to 6 wood-burning fireplaces per apartment. Several multi-level penthouses occupy the upper floors.

The four maisonette entrances along the East 72nd Street face — each capped by elaborate broken-pediment surrounds — produce a structurally distinct apartment configuration for the building's lower units. The maisonette entrances open directly to East 72nd Street rather than through the building's principal lobby, producing the townhouse-derived apartment idiom that Candela's planning grammar applied at this commission.

Building operations

775 Park operates as a full-service cooperative with 24-hour doorman, 24-hour concierge, fitness center, and private storage. The cooperative policy framework supports pets (cats and dogs permitted). Specific financing maximum, flip tax structure, pied-à-terre allowance, and sublet duration limits should be verified directly with management.

What to know if you’re buying

The Candela architectural pedigree is structurally significant. Among the architect's most consequential Park Avenue commissions; the first significant Candela-Paterno Park Avenue commission preceding 740 Park (1929) and 770 Park (1930).

The full-block Park Avenue frontage is structurally distinguishing. Few Candela commissions carry this configuration; the architectural composition is structurally distinct from the corner-accent buildings characteristic of most of the corridor's pre-war inventory.

The four maisonette entrances on East 72nd Street are structural. The townhouse-derived apartment idiom produces structurally distinct units at the building's lower levels.

Apartment-level features are substantial. 9-to-16-room configurations; ceiling heights to 13 feet; 2 to 6 wood-burning fireplaces per apartment; multi-level penthouses on the upper floors.

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 1927 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 Candela credential and the full-block frontage. Both are real architectural-pedigree features and rare within the Candela body of work.

The Candela-Paterno collaboration history is part of the marketing context. The architect-developer partnership that produced 775 Park subsequently produced 740 Park and 770 Park.

Pricing requires apartment-level comparable analysis. Substantial variation across the 9-to-16-room inventory; maisonette versus upper-floor configurations carry distinct pricing characteristics.

Closing timelines are cooperative-standard.

Comparable buildings

If you're considering 775 Park Avenue, also evaluate:

  • 740 Park Avenue — Candela / Cross & Cross 1929–30; immediate Candela-Paterno same-corner trophy peer
  • 770 Park Avenue — Candela 1930; same-architect / same-developer Park Avenue peer (already on the existing 186-slug list)
  • 778 Park Avenue — Candela 1931; trophy pre-war Park Avenue peer (already on the existing 186-slug list)
  • 820 Fifth Avenue — pre-war Fifth Avenue trophy peer

The Roebling Team at 775 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 Lenox Hill buyers and sellers deserve building-specific intelligence — architectural attribution, board context, and pricing at the apartment level.

If you're considering a purchase or sale at 775 Park, a 30-minute consultation is the right starting point.

Considering a transaction at 775 Park?

A 30-minute consultation is the right starting point.

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Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com