- Year built
- 1931
- Type
- Cooperative
- Units
- 24
- Floors
- 16
- Landmark
- Designated
- Flip tax
- 3% of the sale price, paid by the seller.
- Financing
- Up to 50% financeable (50% minimum down).
- Subletting
- Not permitted — an owner-occupancy building.
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children permitted.
- Guarantors
- Permitted.
Compiled by The Roebling Research Desk from building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.
Every recorded sale at this building, 2005–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Listing discount
- 6.3%
- Recorded transfers
- 23
834 Fifth Avenue is widely regarded — by The New York Observer, by the building's residents themselves — as the single most prestigious cooperative address in New York City. Rosario Candela designed it in 1931 as a 16-story limestone-clad composition organized around 24 unusually scaled apartments. The building was one of the last luxury apartment houses completed before the Great Depression halted such projects in New York for nearly two decades, which gives it a particular position in the Candela canon: the architect's late-period style at its peak refinement, executed at scale, just before the era ended.
The building's resident roster across nearly a century reads as a register of American and global business and cultural leadership. Rupert Murdoch — founder of News Corp, Fox Network, and BSkyB — has been a long-term resident; Wendi Murdoch's apartment in the building has been the subject of multiple major real-estate transactions covered in the press. Charles Schwab, founder of the brokerage that bears his name, is a current resident. Elizabeth Arden lived in the building. Antenor Patiño, the Bolivian tin magnate whose private wealth was among the largest of the mid-20th century, was a resident. Alfred Taubman, the former chairman of, owned an apartment at 834 Fifth.
What structurally differentiates 834 Fifth from peers like 740 Park, 998 Fifth, and 820 Fifth is the combination of Candela architectural pedigree, scale (24 apartments — larger than 820 Fifth or 998 Fifth, smaller than 740 Park's 33), and the building's reputation for selectivity calibrated to a particular cohort. Where 740 Park's board interview is famously the most rigorous, 834 Fifth's screening is comparable but somewhat more flexible on edge cases — trust purchases permitted case-by-case (vs. 820 Fifth's outright prohibition), pied-à-terre permitted case-by-case, secondary residence permitted case-by-case. The building accommodates a range of buyer profiles within a fundamentally strict framework.
Architecture and unit composition
Apartments at 834 Fifth range from approximately 3,500 sf simplexes to 8,000+ sf full-floor configurations and duplexes/triplexes. Candela's late-period signatures throughout: 11–12 foot ceilings in primary rooms, formal entry galleries with grand proportions, library-living-room combinations, formal dining rooms, multiple primary suites with substantial closet and dressing infrastructure, service wings, separate service entrances and elevators.
Park-facing apartments on the eastern flank have direct Central Park views from low to high floors. View permanence is excellent — Central Park anchors the corridor and the surrounding development envelope is stable. Apartment-by-apartment heterogeneity is high due to combinations and renovations over nearly a century; some apartments have been combined into substantially larger floor plates that exceed Candela's original layouts.
Candela's original interior detailing — paneled libraries, plaster cornices, marble fireplaces, hardwood floors — is preserved to varying degrees apartment-by-apartment depending on renovation history. The building's institutional culture has generally favored preservation over modernization.
Building operations
834 Fifth operates as a full-service pre-war cooperative with 24-hour doorman, attended elevator, on-site superintendent, and private storage. The amenity package is modest — the building's selling proposition is the apartments themselves and the institutional culture, not shared amenity infrastructure. The building participates in the NYC Cooperative & Condominium Property Tax Abatement Program for qualifying primary-residence shareholders.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $55,213/yr
- Per unit / month range
- $0 – $192
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
834 Fifth Avenue's 2005-2025 transactional record documents the building's position at the absolute apex of Manhattan pre-war co-op pricing. The defining trades anchor a tight set of editorial frames. First, the 11/12A duplex at $77.5M in March 2015 — an A-line duplex spanning floors 11 and 12 on the building's most coveted Park-and-Fifth tier — remains among the largest single-apartment trades in 834 Fifth's history and one of the apex Fifth Avenue co-op trades of the 2010s. Second, the 7/8A duplex at $53M in August 2019 (-10.17% from the $59M asking) confirmed the building's $50M+ tier even with the 10% ask-to-close gap typical of marquee Fifth Avenue trades. Third, the 12B full-floor at $42M (January 2012), the 14PHB penthouse at $34M (January 2014), the 9-10A duplex at $33,444,500 (October 2007), and the original $44M penthouse trade (May 2005) define the building's $30M-$45M apex band across cycles.
A second pattern is the building's price-discipline on the smaller B-line full-floors at the $14-30M tier. The same #7B closed at $18.75M in May 2018 and again at $21M in November 2022 — only 12% nominal appreciation across 4.5 years on this specific full-floor apartment, modest by trophy-tier standards. The #5B traded at $15M in 2010 (-9.09%) and #5C at $14.6M in 2016 (+0.69% over ask). The building's mid-tier B/C-line full-floors transact in a relatively tight $14-30M band that has barely moved across 15 years — a striking signal of pricing stability at this address that contrasts with the broader Park Avenue trophy market's price appreciation.
Full-ask trades occur more often than the apex pricing suggests. The March 2025 maisonette #MAIS/A close at $14.75M (full-ask), the March 2009 #13B at $29M (full-ask during the depths of the post-Lehman correction), the July 2011 #13/14A duplex at $24.9M (after the same apartment had failed to clear at $24.9M in 2010), and the November 2016 #5C +0.69% premium-to-ask — collectively document that aligned-priced 834 Fifth inventory clears at-ask with regularity at every tier.
The 2024-2025 dataset (the #MAIS/A close at $14.75M full-ask and the #1/2B duplex at $7M off-market) confirms the building remains in the trophy-tier discipline band: marquee inventory transacts off-market through private broker networks at stipulated values; the publicly-recorded transfer amounts substantially understate actual annual activity at the building.
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 |
|---|---|---|---|---|---|
| Mar 26, 2025 | MAIS/A | 5 BR · 3.5 BA · 5,200 sf Closed Mar 24, 2025 at $14.75M — full-ask, 0% off. Maisonette A — 5BR / 3.5BA / 5,200 sqft = ~$2,837/sqft. Ground-floor maisonette configuration at 834 Fifth's first-tier pricing. A full-ask trade at the building's most exclusive level signals aligned pricing on the most coveted Fifth Avenue co-op address. | $14,750,000 | $2,837/sf | +0.0% |
| Oct 16, 2024 | 1/2B | Closed Oct 7, 2024 at $7M (recorded transfer; no public public listing data listing on record — quintessential 834 Fifth off-market private-broker-network closing). Lower-floor B-line duplex. 834 Fifth transacts almost entirely off-market through private networks; the public record substantially understates actual annual activity at the building. | $7,000,000 | off-mkt | |
| Nov 21, 2022 | 7B | 3 BR · 4+ BA · 5,040 sf Closed Nov 10, 2022 (recorded Nov 17) at $21M — 16% under the $25M asking. 7B 3BR/4+BA at 5,040 sqft = ~$4,167/sqft. The same #7B previously closed in May 2018 at $18.75M and again at $21M in Nov 2022 — modest 12% nominal appreciation across 4.5 years on this specific full-floor B-line apartment. | $21,000,000 | $4,167/sf | -16.0% |
| Sep 10, 2019 | 7/8A | 7 BR · 7+ BA · 12,000 sf Closed Aug 27, 2019 at $53M — 10.17% under the $59M asking. 7/8A duplex (combined floors 7 and 8 on the A-line, the building's most coveted Park-and-Fifth tier) — substantial trophy trade at the building's marquee tier. Among the more substantial 834 Fifth trades of the modern era; the 10% ask-to-close gap shows even on the very best inventory, marquee buyers negotiate. | $53,000,000 | $4,417/sf | -10.2% |
| Jun 7, 2018 | 7B | 2 BR · 5,040 sf Closed May 24, 2018 at $18.75M (recorded transfer). 7B B-line full-floor. Earlier trade on the same B-line that subsequently closed at $21M in November 2022 — 12% nominal appreciation across 4.5 years on this specific apartment. | $18,750,000 | $3,720/sf | -6.3% |
| Nov 25, 2016 | 5C | 2 BR · 4 BA Closed Nov 16, 2016 at $14.6M — 0.69% OVER the $14.5M asking. A premium-to-ask close at 834 Fifth's mid-tier. C-line 5th floor 2BR/4BA configuration. | $14,600,000 | +0.7% | |
| Dec 29, 2015 | WV3 | 2 BR Closed Dec 17, 2015 at $30.5M (recorded transfer). Marketed on public listing data as #10B at $30M; the 0.5M premium on the ACRIS recording reflects either combined ancillary inventory (staff apartment, storage) or stipulated consideration. 10B is a B-line full-floor at the 10th floor — substantial trophy trade in the building's apex tier. | $30,500,000 | +1.7% | |
| Mar 24, 2015 | 1112A | 5 BR Closed Mar 16, 2015 at $77.5M (recorded transfer). 11/12A — duplex spanning floors 11 and 12 on the A-line, the most coveted Park-and-Fifth tier in the building. Among the largest single-apartment trades in 834 Fifth's history; among the apex Fifth Avenue co-op trades of the 2010s. | $77,500,000 | +3.3% |
Market read. Most recent trades (2025) cleared a median $2,837/sf across 1 sale. Median listing discount 0.0% from the last ask.
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 |
|---|---|---|
| Mar 9, 2017 | 12/14 | $900,000 |
| Jan 10, 2013 | 5 | $3,000,000 |
| Jun 17, 2010 | 9A | $39,500,000 |
| Nov 5, 2007 | 9A | $39,500,000 |
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 1-01379-0001) 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
Financing is not permitted. 834 Fifth requires 100% cash purchases. Alongside 740 Park, 820 Fifth, and 998 Fifth, this is the structural screen that defines the building. Buyers must demonstrate liquid capacity at closing without recourse to mortgage financing.
The 3% flip tax is seller-paid at closing. Distinct from 740 Park and 820 Fifth (where the buyer pays), 834 Fifth's flip tax is borne by the seller. On a $25M apartment, that is $750,000 of seller-side closing cost — and should be modeled into net-proceeds analysis from the outset.
Trust purchases are permitted case-by-case. Useful for buyers seeking estate-planning or privacy structures, contingent on board review. 834 Fifth is more flexible here than 820 Fifth (which prohibits trust purchases outright) and 740 Park (which is similar to 834 in case-by-case posture).
Pied-à-terre and secondary residence are case-by-case. The board exercises discretion on intended use; primary-residence buyers face the smoothest path, but established secondary-residence cases have been approved.
Board approval is among the most rigorous in NYC. Strong financial profile, professional accomplishment, and personal references matter substantially. The buyer's package is heavier than average; the interview is consequential.
The cultural significance of the building is real. Buyers should expect to be part of an institutional culture that extends across business, philanthropy, art, and politics. Some buyers respond to that as a feature; others find it constraining.
Renovation is constrained by historic district status and institutional culture. Substantive renovation is feasible but must respect the building's architectural character. The board reviews scope and quality.
What to know if you’re selling
Marketing is largely private. Most 834 Fifth transactions occur with limited or no public marketing. The buyer pool is small, institutional, and accessible primarily through private broker networks.
Pricing requires building-specific context. Comparable sales at 834 Fifth are meaningful but heterogeneous — apartment configuration, floor, view, and renovation history drive substantial pricing variation.
The buyer pool is committed but narrow. Buyers who pursue 834 Fifth know what they're pursuing. The seller's broker work is matching the right buyer to the apartment and managing the rigorous approval process.
The seller-paid 3% flip tax materially affects net proceeds. Sellers should model this into pricing strategy from the listing decision forward.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing, with substantial board package work.
Comparable buildings
If you're considering 834 Fifth Avenue, also evaluate:
- 740 Park Avenue — Candela/Cross & Cross 1930; larger inventory; the apex of Gold Coast pre-war prestige
- 820 Fifth Avenue — Starrett & Van Vleck 1916; smaller, more selective entity-level (no trust purchases); buyer-paid flip tax
- 998 Fifth Avenue — McKim, Mead & White 1912; the building that launched the Fifth Avenue luxury tradition
- 1040 Fifth Avenue — Candela 1930; Jackie Kennedy's building; trust purchases permitted
- 860 Fifth Avenue — Sloan & Robertson 1929; full-floor configuration
- 907 Fifth Avenue — pre-war Fifth Avenue, comparable era
- 1107 Fifth Avenue — Marjorie Merriweather Post triplex anchor
The Roebling Team at 834 Fifth 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 Gold Coast buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and the realities of pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 834 Fifth, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — financial structuring, board approvability, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.
Get the full picture on this building.
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