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
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.
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
- —
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 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.
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.
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 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.
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.
Considering a move at 883–885 Park Avenue?
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