940 Park Avenue
940 Park Avenue, New York, NY 10028
Upper East Side
BBL 1014930033 · BIN 1046669
- Year built
- 1925
- Type
- Cooperative
- Units
- 35
- Floors
- 14
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Park Avenue cooperatives)
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $4.9M
- Recent range
- $4.9M – $5M
- Listing discount
- 1.2%
- Recorded transfers
- 25
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 940 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.
940 Park Avenue is among the most architecturally accomplished of the Blum brothers' mature 1920s Park Avenue commissions. The 1925 building represents the firm's mature mid-portfolio work executed at the construction-quality peak of the immediate pre-Depression era — produced approximately a decade after their earliest Park Avenue commissions (830 Park: 1909; 875 Park: 1912; 840 Park: 1916) and approximately four years before their final Park Avenue work (1075 Park: 1929).
The Blum brothers' Park Avenue portfolio represents one of the more cohesive single-firm bodies of work in pre-war Park Avenue inventory. The firm's apartment-design discipline tracked the broader pre-war idiom, with their work distinguished by the integration of decorative facade detailing — ornamental detailing that read differently from the dogmatic classicism of contemporary McKim Mead & White / Carrère & Hastings peers. At 940 Park, the firm's mature 1925 vocabulary produced a facade that reads in dialogue with the surrounding Carpenter / Candela Park Avenue and Fifth Avenue inventory while retaining the firm's distinctive decorative signature.
The 35-apartment scale places 940 Park among the mid-sized 1920s Blum brothers Park Avenue commissions — comparable to 1075 Park (32 apartments) and slightly smaller than 555 Park (50). The moderate scale produces moderate annual transaction volume and a stable institutional culture across nearly a century of cooperative ownership.
The southwest-corner positioning at Park Avenue and East 82nd Street is at the southern edge of Carnegie Hill — the neighborhood that extends from approximately East 86th to East 96th Streets between Park and Fifth and that produces among the most consistently sought-after addresses in Manhattan. The Cooper Hewitt Smithsonian Design Museum is six blocks north on Fifth Avenue; the Guggenheim Museum is seven blocks north on Fifth; the Metropolitan Museum is the same block as 940 Park (82nd Street, three avenues west). The cultural institution density within walking distance is among the highest anywhere in Manhattan.
For buyers, 940 Park represents a particular tier of Carnegie Hill Park Avenue inventory: Blum brothers architectural pedigree at the firm's mature 1925 vintage, 35-apartment scale producing moderate annual turnover, corner Park / 82nd Street positioning at the southern Carnegie Hill anchor, and pricing materially below the Candela tier-one peak at 740 / 778 / 720 Park.
Architecture and unit composition
The 35 apartments span configurations from approximately 2,000 sf 2BRs to substantially larger 4–5 BR configurations across the 14 stories. The building's most architecturally distinctive apartments are the upper-floor full-floor configurations and the corner residences with cross-exposure views.
Blum brothers' 1925 signatures throughout: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of 1925-era luxury apartment design.
Park Avenue-facing apartments on the western flank look across to the Park Avenue median plantings and the buildings on the avenue's west side. 82nd Street-facing apartments to the south have cross-street exposures with stable residential side-street views.
Building operations
940 Park Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 35-apartment scale produces a moderate institutional density characteristic of mid-tier pre-war Park Avenue cooperative 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 board posture follows tier-one Carnegie Hill / Park Avenue pre-war norms — rigorous financial review, strong personal references, primary-residence intent the working assumption.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $13,931/yr
- Per unit / month range
- $0 – $41
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).
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 paid by seller
- Notable fees
- Move-in/out deposits $1,000 each (refundable)
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 |
|---|---|---|---|---|---|
| Aug 3, 2026 | 8A | 3 BR · 3 BA | $4,860,000 | +2.3% | |
| Feb 9, 2026 | 11A | 3 BR · 2.5 BA · 2,150 sf | $4,950,000 | $2,302/sf | +0.0% |
| Dec 7, 2022 | 11A | 3 BR · 2.5 BA · 2,150 sf | $4,800,000 | $2,233/sf | +0.0% |
| Dec 22, 2021 | 8B | 2 BR · 2 BA | $1,643,000 | -6.1% | |
| Jul 16, 2020 | 3B | 2 BR · 2 BA · 1,425 sf | $1,875,000 | $1,316/sf | +0.0% |
| Sep 19, 2019 | 2A | 2 BR · 2 BA | $1,960,000 | -1.8% | |
| Sep 11, 2017 | 7B | 2 BR · 2 BA · 1,425 sf | $2,200,000 | $1,544/sf | +0.2% |
| Jul 7, 2017 | 5A | 3 BR · 3 BA | $4,525,000 | +0.0% |
Market read. Most recent trades (2026) cleared a median $1,610/sf across 1 sale. Median listing discount 1.2% 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 1-01493-0033) 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.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with 940 Park Avenue and its market
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What to know if you’re buying
The Blum brothers architectural pedigree at the firm's mature vintage is real. Buyers attentive to architectural detail should weight the 1925 position within the firm's mid-portfolio work as a meaningful differentiator within Carnegie Hill / Park Avenue inventory.
The Carnegie Hill positioning is structural. The combination of Park Avenue cooperative inventory and Fifth Avenue / Madison Avenue cultural institution density produces a particular residential character.
Pricing is more accessible than Candela peers. 940 Park typically trades at materially more accessible per-square-foot pricing than the 1929–1931 Candela Park Avenue tier-one peak.
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 tier-one Carnegie Hill norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
Renovation is constrained by historic district status and pre-war character. The board reviews scope and quality with attention to preservation of original detail.
What to know if you’re selling
The architectural pedigree is a marketing asset. Listing copy should reference the Blum brothers' authorship, the building's place within the firm's Park Avenue portfolio, and the corner Park / 82nd positioning.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 940 Park Avenue, also evaluate:
- 1075 Park Avenue — Blum brothers 1929; same firm later vintage
- 555 Park Avenue — Blum brothers 1924; same firm earlier vintage
- 875 Park Avenue — Blum brothers 1912; same firm pre-WWI
- 840 Park Avenue — Blum brothers 1916; same firm pre-WWI
- 1040 Park Avenue — Delano & Aldrich 1925; Carnegie Hill peer
- 1185 Park Avenue — Schwartz & Gross 1929; nearby Carnegie Hill peer
More Park Avenue buildings
- 929 Park Avenue — 1913 co-op by George and Edward Blum
- 930 Park Avenue — 1916 co-op by Schwartz & Gross
- 935 Park Avenue — 1923 co-op by Schwartz & Gross
- 941 Park Avenue — 1928 co-op by Schwartz & Gross
- 950 Park Avenue — 1921 co-op by J.E.R. Carpenter
- 951 Park Avenue — 1915 co-op by Robert T. Lyons
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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