Cooperative · 1961
799 Park Avenue
799 Park Avenue, New York, NY 10021
Buildings·Cooperative

799 Park Avenue

799 Park Avenue, New York, NY 10021

At a glance
Year built
1961
Type
Cooperative
Units
74
Landmark
No

799 Park Avenue is a clean example of a particular and often-underrated tier of Park Avenue inventory: the post-war white-brick cooperative. Completed in 1961 to designs by H.I. Feldman for the Kimmel Brothers, it occupies the northeast corner of Park Avenue and East 74th Street — a prime Lenox Hill address — and rises twenty-one stories, taller than its pre-war neighbors and engineered to deliver the open light and efficient layouts buyers of its era prized.

H.I. Feldman was among the most prolific architects of post-war residential Manhattan, with a portfolio that defined the white-brick idiom across the East Side and beyond. At 799, the formula is executed with more care than the type's reputation sometimes suggests: a white-brick body lifted on a polished black-granite base, with a canopied entrance that signals the full-service co-op within. The building replaced earlier low-rise structures on the site, part of the broad mid-century rebuilding that brought taller, modern apartment houses to Park Avenue's side-street corners.

The positioning is the point. 799 sits squarely in the prime 70s of Park Avenue, surrounded by the pre-war co-op tradition the avenue is famous for — but it offers a different product: higher floors, more glass, more light, a modern mechanical baseline, and a genuine amenity package, typically at per-square-foot pricing below the pre-war tier a few blocks in either direction. Central Park is two blocks west, the Lexington Avenue 6 is a block east, and the building's own garage, fitness center, and landscaped garden round out a daily-living case the pre-war stock rarely matches.

Architecture and unit composition

The building's roughly 74 to 78 apartments are distributed across twenty-one floors — a generous floor count that places many units well above the surrounding pre-war rooflines, capturing open city light and, on the higher floors, the long Park Avenue axis. Post-war planning is evident throughout: larger windows than pre-war stock, consistent ceiling heights, and rational, efficient layouts rather than the foyer-and-service-wing sequencing of the 1920s.

The unit mix runs to the one-, two-, and three-bedroom configurations characteristic of post-war Park Avenue co-ops, with corner apartments benefiting from two-exposure light at the 74th Street corner. Renovation state varies apartment to apartment; many units in buildings of this vintage have been comprehensively updated, and condition is best evaluated unit by unit.

Building operations

799 Park Avenue operates as a full-service post-war cooperative with a full-time doorman and elevator attendant, an on-site resident manager, a fitness center, a landscaped garden, a central laundry, bike storage, and an on-site parking garage (typically wait-listed). For a post-war co-op of this size, that is a deep amenity package, and it is a meaningful part of the building's value.

On policy, the building is comparatively flexible for prime Park Avenue: pets are permitted, pied-à-terre ownership is welcome, and the board allows financing up to 50%. A 3% flip tax is paid by the buyer on purchase. Board review follows prime Lenox Hill norms — expect a thorough financial package and an interview — but the openness to pieds-à-terre and pets widens the buyer pool relative to the avenue's stricter pre-war co-ops.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$24,433/yr
Per unit / month range
$0 – $26
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

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.

Inspection history
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Safe
2030–35
Due
Next report due
by Feb 2032
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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

Transaction cadence at 799 Park tracks its roughly 74-to-78-unit scale — a steady but moderate stream of activity in a normal year. Pricing reflects prime Park Avenue post-war values: generally more accessible per square foot than the pre-war co-op tier nearby, with premiums for higher floors, open exposures, the 74th Street corner line, and renovated condition.

With variation by floor, exposure, and condition, building-wide averages are of limited use; a current apartment-level comparable analysis is the right tool for pricing any individual home.

What to know if you’re buying

The post-war white-brick format is the value play. Higher floors, more light, a modern mechanical baseline, and a real amenity set come at pricing typically below the pre-war Park Avenue tier nearby — a deliberate trade-off, not a compromise.

The policies are accommodating. Pied-à-terre ownership, pets, and 50% financing make this an easier prime-Park co-op to buy into than many of its pre-war neighbors; budget the buyer-paid 3% flip tax into your closing costs.

Floor altitude matters more here than at pre-war peers. With twenty-one stories, the difference between low and high floors — in light, view, and the open Park Avenue axis — is substantial.

The amenities are a genuine draw. A fitness center, garden, and garage are scarce in prime-Park co-op stock.

What to know if you’re selling

Lead with the address, the light, and the amenities. A prime Park Avenue / East 74th Street corner co-op with post-war floor heights, open exposures, a fitness center, garden, and garage is a clear, marketable proposition.

Foreground the friendly rules. Pied-à-terre acceptance, pets, and 50% financing broaden the buyer pool — emphasize them.

Position against pre-war honestly. Frame the value as modern construction, light, and amenities at a more accessible price point than the pre-war tier — that is the buyer's actual decision.

Floor and exposure drive the comp set. In a tall post-war building, altitude and light are the primary differentiators among comparable apartments.

Comparable buildings

If you're considering 799 Park Avenue, also evaluate these nearby Park Avenue and Lenox Hill buildings:

The Roebling Team at 799 Park Avenue

The Roebling Team at Compass specializes in Park Avenue, the Upper East Side, Fifth Avenue, and the broader Park-facing Manhattan market. We publish this building profile because Park Avenue 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 799 Park, a 30-minute consultation is the right starting point.

Considering a move at 799 Park Avenue?

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