775 Park Avenue
775 Park Avenue, New York, NY 10021
BBL 1014070001 · BIN 1042841
- Year built
- 1927
- Type
- Cooperative
- Units
- 47
- Floors
- 14
- Landmark
- Designated
- Pets
- Cats and dogs permitted
Every recorded sale at this building, 2005–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $4.7M
- Recent range
- $3.9M – $18.3M
- Listing discount
- 8.8%
- Recorded transfers
- 38
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.
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 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.
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. $/sf is measured on the latest sales with reliable square footage (2025): a median $2,151/sf across 2 sales. The building has traded as recently as 2026. Median listing discount 8.9% 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 19, 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 | $20,060,879.63 |
| 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
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
- 778 Park Avenue — Candela 1931; trophy pre-war Park Avenue peer
- 820 Fifth Avenue — pre-war Fifth Avenue trophy peer
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at 775 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 775 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.