950 Park Avenue
950 Park Avenue, New York, NY 10028
BBL 1014930037 · BIN 1046671
- Year built
- 1921
- Type
- Cooperative
- Units
- 29
- Floors
- 14
- Landmark status
- Not an individual landmark; in the Park Avenue Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted with conditions
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median, 2024–2026
- $5.6M
- 2 qualifying sales
- Recent range
- $5.5M – $8.3M
- Listing discount
- 7.5%
- Recorded transfers
- 23
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 950 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.
950 Park Avenue is a 1921 J.E.R. Carpenter cooperative. His wider avenue portfolio includes 580 Park, 625 Park, 635 Park, 825 Fifth, 907 Fifth and 988 Fifth.
The corner positioning at Park Avenue and East 82nd Street places 950 Park at the southern edge of Carnegie Hill — near 940 Park Avenue (Blum brothers 1925) and within the dense pre-war Park Avenue cooperative inventory. The Metropolitan Museum is west of Park Avenue on Fifth Avenue.
Architecture and unit composition
The profile describes 3–5 BR and full-floor configurations among the 29 apartments across 14 stories; confirm the actual layout from approved and measured plans. The ratio of apartment count to gross building area does not establish room counts or interior dimensions; verify the actual apartment’s measured plan.
Carpenter's 1921 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 staffed 1920s service.
Park Avenue-facing apartments look east across the median plantings and the buildings opposite. East 82nd Street-facing apartments have northern cross-street exposures; actual views depend on the apartment.
Building operations
950 Park Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage. The 29-apartment count does not establish service intensity or annual turnover; review actual staffing and dated qualifying transactions.
Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance, liquidity and occupancy requirements) should be confirmed directly with property management during due diligence.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount $600 or $1,000 (Trust Purchase - if permitted by Corporation) | Refundable Not stated |
| Application Processing Fee for Co-applicant or GuarantorPer applicant | Paid by Buyer | When With the application | Amount $250 per Co-applicant/ Guarantor | Refundable Not stated |
| Appraisal Research and Co-op SupplementConditional | Paid by Buyer | When With the application | Amount $250 (if financing) | Refundable Not stated |
| Lead Based Paint Disclosure Fee | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
| Corporate Transfer Fee | Paid by Buyer | When At closing | Amount 3% of Sales Price | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When At closing | Amount $300 (if financing) | Refundable Not stated |
| Closing FeePer share | Paid by Seller | When At closing | Amount $800 ($850 without a Broker) plus $0.05 per share | Refundable Not stated |
| Sale by an Estate or Trust - Closing FeePer share | Paid by Seller | When At closing | Amount $1,000 plus $0.05 per share | Refundable Not stated |
Sublet
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Subletting Fee | Paid by Shareholder | When With the application | Amount $250 | Refundable Not stated |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $300 | Refundable Not stated |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Not stated |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Appraisal Research and Co-op Supplement | Paid by Shareholder | When With the application | Amount $250 | Refundable Not stated |
| Financing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Not stated |
Ownership transfer
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Transfer Fee | Paid by Shareholder | When With the application | Amount Contact Transfer Agent for fee schedule | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Permitted with conditionsCase by case, board discretionSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $1,000 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- StorageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $37,320/yr
- Per unit / month range
- $0 – $130
- Modeled exposure split equally across 24 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
- At the 29 residences in our building profile: $0 – $107. The two counts differ; confirm the count with the building.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- Corporate Transfer Fee 3% of sales price (paid by buyer)
- Policies and fees
- Subletting fee $250
Recent sales
Recent transfers at this building, from The Roebling Research Library. 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 |
|---|---|---|---|---|---|
| Oct 5, 2026 | 5A | 2 BR · 2.5 BA | $7,200,000 | +5.9% | |
| Aug 19, 2026 | 2A | 3 BR · 3 BA | $5,700,000 | +0.0% | |
| Apr 3, 2025 | 3B | 5 BR · 4 BA | $7,300,000 | -7.6% | |
| Oct 29, 2024 | 12B | 5 BR · 5 BA · 4,500 sf | $8,350,000 | $1,856/sf | -12.1% |
| Oct 10, 2024 | 10A | 3 BR · 2.5 BA | $5,500,000 | -12.6% | |
| May 9, 2024 | 11B | 6 BR · 5 BA · 4,500 sf | $8,200,000 | $1,822/sf | -7.3% |
| Aug 9, 2022 | 1GL | 4 BR · 3 BA · 2,300 sf | $1,820,000 | $791/sf | -2.9% |
| Apr 4, 2022 | 6B | 5 BR · 4.5 BA | $8,800,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,839/sf (recorded) across 2 sales. The building has traded as recently as 2026. Median listing discount 2.9% 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.
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 1-01493-0037). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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 would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 950 Park Avenue and nearby.
At the recent median sale of $7.2M (3 transfers in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $176,550 to close, or 2.5% of the price.
- Mansion tax: $162,000
- 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.
Keep up with 950 Park Avenue and its market
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What to know if you’re buying
Verify the actual apartment’s dimensions. The 29-apartment count does not establish larger-than-typical interiors; use measured plans and matched comparisons.
Compare specific dated sales. Any per-square-foot price difference from 1929–1931 Candela buildings requires matched apartment areas, floors, condition, services and carrying costs.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during contract review.
Obtain the application instructions. Verify current liquidity, ownership and occupancy requirements in addition to the financial and use policies above.
What to know if you’re selling
Present the actual apartment. Show its retained Carpenter-era layout and alterations, and verify usable area and exposure rather than inferring scale from the unit count.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially given the small unit count.
Comparable buildings
If you're considering 950 Park Avenue, also evaluate:
- 940 Park Avenue — Blum brothers 1925; nearby neighbor on Park
- 580 Park Avenue — J.E.R. Carpenter 1923; nearby Carpenter peer
- 625 Park Avenue — J.E.R. Carpenter 1929–31; Carpenter peer
- 1075 Park Avenue — Blum brothers 1923; nearby vintage peer
- 1040 Park Avenue — Delano & Aldrich 1925; nearby Carnegie Hill
- 1175 Park Avenue — Emery Roth 1925; nearby
More Park Avenue buildings
- 935 Park Avenue — 1923 co-op by Schwartz & Gross
- 940 Park Avenue — 1925 co-op by George and Edward Blum
- 941 Park Avenue — 1928 co-op by Schwartz & Gross
- 951 Park Avenue — 1915 co-op by Robert T. Lyons
- 960 Park Avenue — 1912 co-op by J.E.R. Carpenter
- 969 Park Avenue — 1912 co-op by Pickering & Walker
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.
Considering a move at 950 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com