Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1906
865 Park Avenue
865 Park Avenue, New York, NY 10075
Buildings·Park Avenue·Cooperative

865 Park Avenue

865 Park Avenue, New York, NY 10075

Lenox Hill, Upper East Side

BBL 1014120001 · BIN 1043184

CorridorPark Avenue
At a glance
Year built
1906
Type
Cooperative
Units
24
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

3BR median
$2.4M
Recent range
$2.1M – $3.3M
Listing discount
5.1%
Recorded transfers
23

865 Park Avenue is one of the earliest-era Park Avenue residential buildings still continuously occupied as a cooperative. The 1906 construction date places it in the same cohort as the very first purpose-built Park Avenue apartment houses — a period when the avenue (then still called Fourth Avenue at certain points) was transitioning from rail-cut and brownstone-row residential to multi-family construction following the 1903 New York Central tunnel cap that eliminated the rail yards' open cut and opened Park Avenue to development.

The 1961 conversion to cooperative places 865 Park in the second wave of prewar-rental-to-coop conversions that swept Park Avenue in the late 1950s and early 1960s, alongside many of its neighbors. With only 24 apartments, the building offers an intimacy that approaches the Candela boutique scale — 740 Park (33 units), 720 Park (29 units), 770 Park (30 units) — at a smaller unit count than even those benchmark addresses.

The building's Upper East Side Historic District status (LP-1051, designated 1981) provides a long-term preservation guarantee: any facade modifications require LPC review, which structurally protects the building's exterior identity through the longer ownership cycle.

Architecture and unit composition

865 Park Avenue is among the early-1900s Park Avenue residential buildings that predates the great 1920s prewar construction wave. The 1906 vintage places it three to four years after the 1903 New York Central tunnel cap and at the very beginning of Park Avenue's residential identity as such.

With only 24 apartments distributed across the building, 865 Park offers boutique configuration: the unit count is below 740 Park (33 units), 720 Park (29 units), and 770 Park (30 units) — placing it among the most genuinely small-scale Park Avenue cooperatives on the corridor. The 1961 conversion to cooperative ownership places the building in the late-1950s to early-1960s conversion wave that swept Park Avenue.

The Upper East Side Historic District designation in 1981 (LP-1051) means any visible facade modifications require LPC approval. This structurally protects the building's exterior identity through the longer ownership cycle while imposing constraints on window replacements and any visible architectural changes.

A note on architect attribution: the original 1906 architect of record is not definitively documented in publicly indexed secondary sources. The Roebling Team recommends verifying the original architect via NYC Department of Buildings permit records or Andrew Alpern's New York Apartment Houses of the Metropolitan Era 1908-1929 at the diligence stage rather than relying on unverified secondary attribution.

Building operations

865 Park operates as a boutique Upper East Side cooperative with the following operational baseline:

  • Full-time doorman
  • Elevator operator (the building retains the white-glove operator tradition)
  • Live-in superintendent standard for buildings of this scale
  • Storage typically transfers with apartments (verify per building rules)
  • Limited modern amenity inventory typical of small prewar Park Avenue cooperatives — no fitness center, no roof deck in publicly documented inventory

The boutique 24-unit scale and the 1906 vintage produce an operational posture deliberately reserved relative to peer Carnegie Hill cooperatives. The building's identity rests on the white-glove staffing tradition and the LPC-protected exterior rather than on amenity infrastructure.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$27,191/yr
Per unit / month range
$0 – $99
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

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.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
On record
$7,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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.

DateUnitApartmentPricePPSFvs. Ask
Jun 15, 20268W
3 BR · 2.5 BA
$2,300,000-3.2%
Mar 26, 20263E
3 BR · 2.5 BA · 2,100 sf
$3,300,000$1,571/sf-5.7%
May 10, 20248E
3 BR · 3 BA
$2,150,000-4.4%
Oct 31, 20236W
3 BR · 3 BA
$2,400,000-37.7%
Sep 21, 20227W
3 BR · 3 BA
$2,380,000-4.6%
Aug 6, 20219E
3 BR · 3 BA · 2,000 sf
$3,275,000$1,638/sf-8.9%
Jul 13, 20203E
3 BR · 2.5 BA
$3,150,000-3.1%
Feb 28, 20186W
2 BR
$2,550,000-8.8%

Market read. Most recent trades (2026) cleared a median $1,571/sf across 1 sale. Median listing discount 4.4% 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.

2E+70%
$1,825,000 2004$3,100,000 2008
9E · 2,000 sf+42%
$2,300,000 2012$3,275,000 ($1,638/sf) 2021
8W+28%
$1,795,000 2004$2,725,000 2013$2,300,000 2026
3E · 2,100 sf+5%
$3,150,000 2020$3,300,000 ($1,571/sf) 2026
5E-6%
$3,502,000 2007$3,280,000 2017
View all 23 recorded transfers, sortable

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 1-01412-0001) 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 1906 vintage and 24-unit boutique scale are structurally distinguishing. Among the earliest residential Park Avenue cooperatives; the unit count is materially smaller than even the most-cited Candela trophy buildings.

The Upper East Side Historic District protection applies. Designated LP-1051 in 1981; exterior modifications require LPC review.

The elevator-operator tradition adds to the white-glove operational profile. Verify current configuration at diligence stage.

The original architect attribution is not definitively documented in publicly indexed sources. Plan to pull the 1906 building permit from NYC Department of Buildings and verify architect via Andrew Alpern reference works at diligence stage. The boutique scale and the thin public-source footprint warrant first-party verification of every operational detail.

Plan for substantial liquidity requirements and full board diligence. Park Avenue prewar cooperative norms apply.

Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.

What to know if you’re selling

Marketing should emphasize the 1906 early-cooperative pedigree and the LPC-protected exterior identity. Both are real structural advantages over peer boutique Upper East Side cooperative inventory.

The 24-unit boutique scale supports premium positioning. Reference in positioning materials.

Pricing should reference recent Upper East Side prewar cooperative closings. Apartment-line-specific comparables should anchor positioning; the boutique scale means individual closings move building-wide pricing benchmarks.

Closing timelines are cooperative-standard.

Comparable buildings

If you're considering 865 Park Avenue, also evaluate:


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.

Preparing a board package for this building?

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 865 Park Avenue?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 865 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.