883 Park Avenue
883 Park Avenue, New York, NY 10075
Lenox Hill, Upper East Side
BBL 1014130001 · BIN 1043230
- Year built
- 1927
- Type
- Cooperative
- Units
- 36
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 4BR+ median
- $7M
- Recent range
- $5.7M – $7.8M
- Listing discount
- 7.2%
- Recorded transfers
- 33
883 Park Avenue — the building addressed as 883–885 Park — is a small, low-density pre-war cooperative at the northeast corner of Park Avenue and East 78th Street, in the Lenox Hill heart of the avenue's tier-one residential stock. Completed in 1927 and designed by Schwartz & Gross, one of the firms that defined Park Avenue's pre-war identity, it was converted to cooperative ownership in 1956 and has operated as a white-glove co-op since.
What distinguishes 883 Park is its scale. With approximately 36 apartments, it averages well under three units per landing — placing it among the lower-density Park Avenue cooperatives, the format prized for spacious full-floor and near-full-floor layouts, privacy, and an intimate shareholder community. At roughly 4,500 square feet per unit by the building's gross figures, these are substantial family apartments by any measure.
The corner-of-78th location places 883 in the densest concentration of Park Avenue's tier-one cooperatives, one block north of Lenox Hill Hospital and steps from the Madison Avenue boutiques, galleries, and restaurants. The Lexington Avenue subway is a block and a half east at 77th Street, with crosstown service on 79th. Buyers here are choosing the heart of pre-war Park Avenue — its architecture, its board culture, and its enduring value — at a building whose small size and large apartments define its character.
Architecture and unit composition
Schwartz & Gross gave 883 Park the restrained classical vocabulary of the era's best Park Avenue work: a brown-brick body rising from a two-story limestone base, a canopied entrance with a decorative surround, bandcourses and limestone quoins articulating the facade, and two-story window surrounds crowning the upper floors beneath the cornice. The building's low-density configuration points to the large, formal layouts characteristic of tier-one Park Avenue design — gracious entry galleries, defined living-and-dining sequences, library or den configurations, primary suites with substantial closet infrastructure, and separated service wings.
With roughly 36 apartments across the building's floors, most residences are full-floor or near-full-floor configurations. Ceiling heights in primary rooms sit in the generous pre-war range, and original architectural detail survives to varying degrees depending on each apartment's renovation history.
Building operations
883 Park operates as a white-glove full-service Park Avenue cooperative. A doorman staffs the attended lobby, with a resident manager overseeing the building, a fitness center, and private storage for shareholders. As with the tier-one Lenox Hill co-ops, the board reviews purchases through a rigorous application and interview, and prospective buyers should expect financing discipline, a flip-tax structure, and primary-residence intent to figure centrally in its posture — the policy slate we walk clients through before they bid.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 10, 2024 | 7C | 4 BR · 4 BA | $7,850,000 | -1.8% | |
| Oct 2, 2023 | 8B | 4 BR · 4.5 BA · 3,400 sf | $7,000,000 | $2,059/sf | -17.6% |
| Sep 13, 2023 | 6C | 4 BR · 4 BA | $7,100,000 | -7.2% | |
| May 3, 2023 | 3C | 4 BR · 4 BA | $6,650,000 | -15.8% | |
| Feb 6, 2023 | 7B | 4 BR · 4 BA | $5,725,000 | +4.1% | |
| Nov 2, 2022 | 1B | 3 BR · 1.5 BA | $545,000 | -31.4% | |
| Oct 26, 2021 | 9A | 5 BR · 5 BA | $8,250,000 | -13.1% | |
| Feb 25, 2021 | 11C | 4 BR · 3 BA | $7,700,000 | -18.9% |
Market read. $/sf is measured on the latest sales with reliable square footage (2023): a median $2,059/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 7.2% 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.
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 1-01413-0001) 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 low-density, large-format character is the asset. Roughly 36 apartments means privacy, scale, and an intimate shareholder community — the format that defines tier-one Park Avenue.
The Schwartz & Gross pedigree is durable. A 1927 design by one of the avenue's defining firms, on a prime Lenox Hill corner, is a permanent differentiator.
The pre-war vintage is structural. Layouts, ceiling heights, and systems reflect 1927 luxury design; renovation scope and quality are central to underwriting any purchase.
Board approval follows tier-one Lenox Hill norms. A strong financial profile, financing discipline, and primary-residence intent are typically central criteria.
What to know if you’re selling
Lead with the tier-one Lenox Hill positioning. The Schwartz & Gross authorship, the 1927 vintage, the low-density full-floor layouts, and the corner-of-78th address are the headline assets.
Pricing requires apartment-level comparable analysis. With so few, so large apartments, floor, exposure, layout, and renovation history drive value far more than any building average.
Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract to closing, subject to board package and approval pacing.
Comparable buildings
If you're considering 883 Park Avenue, also evaluate:
- 875 Park Avenue — nearby Lenox Hill Park Avenue co-op
- 888 Park Avenue — Lenox Hill Park Avenue co-op nearby
- 830 Park Avenue — pre-war Lenox Hill Park Avenue peer
- 840 Park Avenue — pre-war Lenox Hill Park Avenue peer
- 800 Park Avenue — Lenox Hill Park Avenue building nearby
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at 883–885 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 883–885 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.