Cooperative · 1917
The Goldstone
876 Park Avenue, New York, NY 10075
Buildings·Cooperative

876 Park Avenue

876 Park Avenue, New York, NY 10075

At a glance
Year built
1917
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

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

4BR+ median
$6.5M
Recent range
$5.2M – $6.8M
Listing discount
10.8%
Recorded transfers
17

876 Park Avenue — often called the Goldstone, after its architect — is the kind of small, serious Park Avenue cooperative that the avenue's reputation is built on. Completed in 1917 to designs by W. K. Rouse and L. A. Goldstone, the same office whose work shaped a generation of Manhattan's best apartment houses, it holds the corner of East 78th Street with a red-brick-and-limestone dignity and a signature flourish: curved wrought-iron balconies that give the façade its character. At just 24 residences over thirteen stories, it is a genuinely intimate building.

The number that matters most is two: there are only two apartments per floor. That layout — a private landing shared with a single neighbor, light from multiple exposures, and rooms scaled to a vanished era — is the reason buyers seek out pre-war Park Avenue co-ops, and 876 delivers it in a building small enough that the resident manager knows every shareholder. It is the antithesis of the high-density tower: a quiet, owner-occupied house with the staffing of a much larger building and the privacy of a townhouse.

The building converted from rental to cooperative ownership in 1947, among the earlier wave of Park Avenue conversions, and it has operated as a stable, well-kept co-op ever since. For a buyer who wants a classic Park Avenue address without the scale of a 100-unit building, the Goldstone is a precise fit.

Architecture and unit composition

Rouse & Goldstone gave 876 Park the restrained, masonry-first vocabulary of the Park Avenue pre-war: a limestone base under a long red-brick shaft, a canopied entrance, and the curved wrought-iron balconies and flowerboxes that distinguish it from its plainer neighbors. It is architecture meant to read as permanent and well-bred rather than ostentatious — exactly the register the avenue prizes.

Inside, the two-per-floor plan yields large, light-filled apartments with the pre-war details collectors look for: wood-burning fireplaces, generous room proportions, real foyers, and high ceilings. With 24 homes across thirteen floors, the building is composed almost entirely of substantial classic layouts; turnover is correspondingly rare, and apartments here tend to trade among long-term owners rather than churn. The combination of corner light, wood-burning fireplaces, and full-floor-feeling proportions is the building's enduring draw.

Building operations

876 Park Avenue is a full-service cooperative. The lobby is attended around the clock by a doorman, and a resident manager oversees the building day to day. For a 24-unit building, the amenity package is notably complete: a fitness center, central laundry, a bicycle room, and an individual storage cage for each apartment — the kind of per-unit storage allotment that larger buildings rarely match.

The building is pet-friendly, a meaningful differentiator on a corridor where many co-ops are not. As with Park Avenue cooperatives generally, purchases are subject to a board application and interview, and the building is run as an owner-occupied house with primary-residence expectations and the conservative financing and sublet posture customary to the avenue's small pre-war co-ops. Buyers should review the building's specific financing and sublet terms with us as part of diligence.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$23,187/yr
Per unit / month range
$0 – $81
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

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

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$2,000 in filing penalties
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

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
Apr 30, 20266S
4 BR · 2.5 BA
$5,200,000+9.5%
Oct 13, 20229S
4 BR · 5 BA
$6,050,000+0.9%
Jun 15, 20222S
4 BR · 4 BA · 3,200 sf
$5,300,000$1,656/sf-3.5%
Jun 28, 202111N
3 BR · 2.5 BA
$5,706,250-18.2%
Jun 18, 202111S
4 BR · 4 BA
$6,200,000-10.8%
Jun 7, 201712S
4 BR
$5,200,000-20.0%
May 1, 20172S
4 BR · 3,000 sf
$5,875,950$1,959/sf-14.8%
Jun 17, 20132S
3 BR · 3,000 sf
$6,300,000$2,100/sf-9.9%

Market read. Most recent trades (2022) cleared a median $1,656/sf across 1 sale. Median listing discount 9.9% 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.

11N+52%
$3,750,000 2003$5,706,250 2021
12S+30%
$5,200,000 2017$6,750,000 2026
11S+6%
$5,875,000 2009$6,200,000 2021

Other recent transfers

DateUnitPrice
Apr 16, 202612S$6,750,000
Nov 26, 20247N$6,500,000
Jun 4, 20157N$7,825,000
Dec 21, 200911S$5,875,000
Jul 11, 200311N$3,750,000
2S$5,495,000
View all 17 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 1-01392-0040) 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

This is a buy-and-hold building. The appeal is the two-per-floor privacy, the wood-burning fireplaces and pre-war proportions, and a complete amenity package — including a per-apartment storage cage and a fitness center — in a building of only 24 homes. Pets are welcome, which broadens the building's appeal relative to stricter Park Avenue peers.

Practical diligence: expect a thorough co-op board package and interview, and confirm the building's current financing limit and sublet rules with us before bidding, as small pre-war Park Avenue co-ops tend toward the conservative end on both. Review the maintenance charge, any assessments, and the reserve fund, and weigh the building's capital obligations — façade and elevator work under New York's inspection cycles — against its reserves. In a 24-unit building, the financial condition is closely held among a few owners, which generally means careful stewardship; a well-run small co-op is among the most stable holdings on the avenue.

What to know if you’re selling

Scarcity is your strongest card. With two apartments per floor and only 24 in the building, available inventory is thin, and a well-presented classic layout with wood-burning fireplaces and corner light is exactly what the Park Avenue pre-war buyer is searching for. Lead with the architect (Rouse & Goldstone), the private-landing plan, the fireplaces, and the storage and fitness amenities — features a buyer cannot replicate by moving down the avenue.

Price against the Lenox Hill and Park Avenue pre-war co-op set, with weight given to the rarity of the line and the apartment's condition. Account for the customary co-op transfer costs in your net-proceeds modeling, and invest in presentation: in a building where each sale sets the benchmark for the next, a thoughtfully staged apartment that showcases the proportions and the fireplaces materially affects both price and speed.

Comparable buildings

If you're considering 876 Park Avenue, these nearby Park and Lexington pre-war cooperatives form the natural comparison set:

The Roebling Team at The Goldstone

The Roebling Team at Compass specializes in Park Avenue, Fifth Avenue, and the broader Upper East Side pre-war cooperative market — exactly the small, classic buildings the Goldstone exemplifies. We publish this profile because buyers and sellers at a 24-unit Park Avenue co-op deserve building-specific intelligence: the architecture, the two-per-floor layout, the rules that govern a purchase, and where the pricing sits within the Lenox Hill co-op market.

If you're considering a transaction at 876 Park Avenue, a 30-minute consultation is the right starting point.

Considering a move at The Goldstone?

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