875 Park Avenue
875 Park Avenue, New York, NY 10075
Lenox Hill, Upper East Side
BBL 1014120071 · BIN 1043221
- Year built
- 1912
- Type
- Cooperative
- Units
- 50
- Floors
- 12
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Lenox Hill pre-war co-ops)
- Financing
- Up to 50% financeable (50% minimum down).
- Pied-à-terre
- Permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $2.4M
- Recent range
- $2M – $11.5M
- Listing discount
- 10.5%
- Recorded transfers
- 50
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A Private Pricing Opinion — what your apartment at 875 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.
875 Park Avenue is among the most architecturally distinctive of the George and Edward Blum brothers' Park Avenue commissions — a 1912 12-story neo-classical apartment building whose decorative facade is more ornamental than the classical-revival norm of pre-WWI luxury Manhattan apartment construction. The Blum brothers' Park Avenue portfolio (555, 591, 830, 840, 875, 940, and 1075 Park) represents one of the more cohesive single-firm bodies of work in pre-war Park Avenue inventory, and 875 Park — at the southeast corner of Park and 78th Street — is among the firm's most architecturally accomplished buildings.
The signature decorative element is what the architectural historian Christopher Gray called the building's "haunting hieroglyph-like medallions" — ornamental detailing inset into the beige brick body of the facade that draws explicitly from Egyptian Revival and other pre-WWI eclectic decorative traditions. The combination of restrained beige brick mass, a more substantial limestone two-story base, and the hieroglyphic medallions produces a facade reading that is unusual within the broader Park Avenue corridor (most of which is more dogmatically classical or Art Deco). For buyers attentive to architectural detail, 875 Park is among the more memorable Park Avenue facades.
The 1948 cooperative conversion places 875 Park among the earliest Park Avenue rental-to-co-op transitions — predating the major mid-century conversion wave at peer buildings by approximately a decade. The early conversion produced an institutional culture that has stabilized across nearly 80 years of cooperative occupancy. The 50-apartment scale produces an institutional density between the smallest tier-one Lenox Hill pre-wars (820 Fifth: 13; 998 Fifth: 17; 944 Fifth: 15) and the larger Carnegie Hill buildings (1185 Park: 164; 1040 Park: 85).
The building's positioning at 78th and Park places it at the geographic heart of the Park Avenue / Carnegie Hill / Museum Mile triangle. The Metropolitan Museum of Art is six blocks west; the Cooper Hewitt and Guggenheim museums are concentrated on Fifth Avenue between 88th and 91st; the Frick Collection is six blocks south at 70th and Fifth; the broader Park Avenue tier-one cooperative canon (740 Park, 778 Park, 1185 Park, others) extends north and south along the corridor.
For buyers, 875 Park represents a particular tier of Lenox Hill / Carnegie Hill transition Park Avenue inventory: pre-WWI architectural pedigree from a distinguished firm with a coherent body of work, 50-apartment scale producing moderate inventory turnover, and Park Avenue tier-one positioning at price points materially below the Candela apex of 740 Park or 778 Park.
Architecture and unit composition
The 50 apartments span configurations from approximately 1,800 sf 2BRs to substantial 4,000+ sf 4BRs, with some duplex configurations and combined apartments distributed across the 12 floors.
Blum brothers' pre-WWI signatures throughout: 10–11 foot ceilings in primary rooms (lower than 1920s Candela 11–12 foot ceilings but generous by 1912 standards), formal entry galleries, library-living-room combinations, primary suites with substantial closet infrastructure, service wings characteristic of 1912-era luxury apartment design.
Park Avenue-facing apartments on the building's western flank look across to the Park Avenue median plantings and beyond to the buildings on the avenue's west side. 78th Street-facing apartments have cross-street exposures with stable residential side-street views. The building's positioning at the corner produces good light access for corner apartments.
Building operations
875 Park operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 50-apartment scale produces an institutional density characteristic of the mid-tier pre-war Park Avenue inventory.
Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance) should be confirmed directly with property management during due diligence. The building's policy posture follows tier-one Lenox Hill pre-war norms — rigorous financial review, strong personal references, primary-residence intent the working assumption — but specific policies vary building-by-building.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $15,437/yr
- Per unit / month range
- $0 – $28
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 2% of purchase price
- Notable fees
- App Processing $450 (no financing) / $550 (financing); Managing Agent's Fee $900 (individual) / $1000 (estate)
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 15, 2026 | 4C | 3 BR · 2.5 BA | $5,275,000 | -10.5% | |
| Jun 18, 2026 | 8C | 3 BR · 2 BA | $3,537,500 | -18.7% | |
| Jun 10, 2026 | 11C | 3 BR · 3.5 BA | $3,600,000 | +0.1% | |
| Feb 18, 2026 | 9C | 2 BR · 2.5 BA · 2,400 sf | $2,850,000 | $1,188/sf | -4.8% |
| Jun 3, 2025 | 7A | 4 BR · 3 BA | $5,350,000 | +7.1% | |
| Feb 14, 2024 | 10C | 3 BR · 2.5 BA · 2,350 sf | $3,900,000 | $1,660/sf | -8.2% |
| Dec 28, 2023 | 9E | 2 BR · 3 BA · 1,700 sf | $1,967,150 | $1,157/sf | -21.2% |
| Jun 20, 2023 | 2N | 3 BR · 3.5 BA · 3,000 sf | $5,550,000 | $1,850/sf | -20.7% |
Market read. Most recent trades (2026) cleared a median $1,379/sf across 1 sale. Median listing discount 7.0% 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 |
|---|---|---|
| Oct 15, 2003 | 8C | $199,000 |
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 1-01412-0071) 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.
At the recent median sale of $3.6M (5 transfers since 2024), a buyer putting 25% down would pay about $68,550 to close, or 1.9% of the price.
- Mansion tax: $54,000
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The architectural distinctiveness is real. Among Park Avenue pre-wars, 875 Park's Blum brothers facade — with its hieroglyph-like medallions and decorative detailing — is among the more visually memorable buildings on the corridor. Buyers attentive to architectural detail will respond.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during the contract review process.
Board approval follows Park Avenue Lenox Hill norms. Strong financial profile, professional accomplishment, and primary-residence intent are central criteria.
Pricing is more accessible than tier-one peer buildings. 875 Park's 1912 vintage and somewhat earlier architectural era produce more accessible per-square-foot pricing than the 1929–1931 Candela tier-one peers (740, 778 Park). This is structural and worth modeling carefully.
Renovation is constrained by historic district status and pre-WWI character. The board reviews scope and quality with attention to preservation of original detail.
View permanence is excellent. Park Avenue corridor is built out; 78th Street is a residential cross-street with stable building heights.
What to know if you’re selling
The architectural pedigree is a marketing asset. Listing copy should reference the Blum brothers, the building's place within the firm's Park Avenue portfolio (555, 591, 830, 840, 940, 1075 Park), and the distinctive hieroglyph-medallion facade detail.
Pricing requires apartment-level comparable analysis. The 50-unit scale produces meaningful variation; floor altitude, exposure, configuration, and renovation history all matter.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 875 Park Avenue, also evaluate:
- 740 Park Avenue — Candela/Cross & Cross 1930; the apex of Gold Coast Park Avenue
- 778 Park Avenue — Candela 1931; 18 full-floor apartments
- 720 Park Avenue — Candela / Cross & Cross 1929; trusts permitted
- 770 Park Avenue — Candela 1929; H-shaped duplex inventory
- 1040 Park Avenue — Delano & Aldrich 1925; tortoise-and-hare frieze
- 1185 Park Avenue — Schwartz & Gross 1929; courtyard building
- 830 Park Avenue — Blum brothers; comparable architectural pedigree
More Park Avenue buildings
- 850 Park Avenue — 1914 co-op by Rouse & Goldstone
- 860 Park Avenue — 1924 co-op by York & Sawyer
- 865 Park Avenue — 1906 co-op
- 876 Park Avenue — 1917 co-op by W. K. Rouse & L. A. Goldstone
- 883 Park Avenue — 1927 co-op by Schwartz & Gross
- 888 Park Avenue — 1925 co-op by Schwartz & Gross
The neighborhood
For the full corridor — architecture, 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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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