965 Fifth Avenue
965 Fifth Avenue, New York, NY 10075
BBL 1013920070 · BIN 1076290
- Year built
- 1941
- Type
- Cooperative
- Units
- 53
- Floors
- 18
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Flip tax
- 2% of the purchase price, paid by the buyer
- Doorman
- Full-time doorman
- Flip tax
- A flip tax applies; confirm the rate at the offer stage.
- Pied-à-terre
- Permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $2.7M
- Recent range
- $2.2M – $4M
- Listing discount
- 22.5%
- Recorded transfers
- 52
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 965 Fifth 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.
965 Fifth Avenue is among the more architecturally refined late-1930s / early-1940s Fifth Avenue elevations — built in 1941 by Benenson Realty to Irving Margon's design, replacing the Jacob H. Schiff mansion (1901, Freeman & Thain) at 965–967 Fifth. Schiff was the senior Kuhn, Loeb banker and the central Schiff / Warburg "Our Crowd" patriarch; his mansion was demolished in 1938.
For a prestige Fifth Avenue address, 965 stands out first for its flexible policy framework — pets are welcomed, pied-à-terre use is welcomed (uncommon on this stretch), and the 2% flip tax is moderate by avenue norms. The address also carries unusual historical site provenance: it replaced the Schiff mansion, among the most architecturally and culturally consequential Gilded Age residences on Fifth, whose full history is preserved in published architectural histories. On the present site, the Margon architectural composition answers with setbacks, sidewalk landscaping, and a discreet handling of air-conditioning units — a genuine design problem in a period when AC was first being retrofitted into prestige residential.
Friends of the Upper East Side maintains a building dossier confirming LPC standing.
Architecture and unit composition
The site at 965–967 Fifth previously held the Jacob H. Schiff mansion (1901, Freeman & Thain). Schiff — the senior Kuhn, Loeb banker and "Our Crowd" patriarch — held a mansion that anchored the social architecture of the German-Jewish financial elite in late-19th-century New York. Architectural histories preserve the full Schiff mansion record. The mansion was demolished in 1938.
Irving Margon — a workmanlike but talented Depression-era apartment designer — produced one of the more refined late-1930s / early-1940s Fifth Avenue elevations on the Schiff site for Benenson Realty. The facade is limestone and brick, with setbacks, sidewalk landscaping, and discreet handling of air-conditioning units. Select residences carry wood-burning fireplaces.
The 1941 building reads as a confident transitional composition between the late-prewar Fifth Avenue idiom and the wartime / postwar reduced-ornament tradition. The Friends of the Upper East Side dossier confirms LPC standing.
The fifty-three apartments distribute across the building's eighteen-to-nineteen floors. The building converted to cooperative ownership in 1980.
Building operations
965 Fifth operates as a full-service Upper East Side cooperative:
- Full-time doorman
- Live-in resident manager
- Fitness center
- Bicycle room
- White-glove service
Policy framework
Verified across architectural coverage and broker reporting:
- Pets: Welcomed
- Pied-à-terre: Welcomed
- Flip tax: 2%, buyer-paid
- Financing maximum: Typical Fifth Avenue prewar maximum — verify at offer stage
- Subletting: Board approval required
- Trust ownership: Subject to board approval
- LLC ownership: Not typical
- Foreign buyer: Substantial board diligence
- Post-closing liquidity: Substantial reserves customary
- Board interview: Required
The combination of welcomed pets, welcomed pied-à-terre, and 2% flip tax produces one of the more flexible Fifth Avenue cooperative buyer profiles.
Application and transaction fees
Fees below are from building management's published schedule, as of September 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.
- Terms
- Equal to 2% of the purchase price
- Rate
- 2% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Messenger Fees | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When At closing | Amount $300 (if applicable) | Refundable Non-refundable |
| New York State Stamp TaxPer share | Paid by Seller | When At closing | Amount $0.05 per share | Refundable Non-refundable |
| Managing Agent's FeeConditional | Paid by Shareholder | When At closing | Amount $900 (If Seller is an Individual) $1000 (If Seller is an Estate) | Refundable Non-refundable |
| Fidelifacts Credit ReportConditional · Per applicant | Paid by Buyer | When With the application | Amount $871.00 per Applicant/Occupant, $1,633.13 if there are two (2) Applicants/Occupants | Refundable Non-refundable |
Refinance
4 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fees | Paid by Shareholder | When With the application | Amount $35 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fees | Paid by Shareholder | When With the application | Amount $35 | Refundable Non-refundable |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
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
- Not verified
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $1,362 per room a monthMedian of 3 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
- Fitness room, bike 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $15,281/yr
- Per unit / month range
- $0 – $27
- Modeled exposure split equally across 47 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 53 residences in our building profile: $0 – $24. The two counts differ; confirm the count with the building.
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, with repairs due by the deadline stated in the filing. 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 buyer (exemption for current shareholder)
- Pied-à-terre
- Allowed
- Notable fees
- Max financing 35%
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 |
|---|---|---|---|---|---|
| Jan 16, 2026 | 2B | 3 BR · 3 BA | $2,200,000 | -11.8% | |
| Aug 12, 2025 | 11B | 2 BR · 2.5 BA · 2,000 sf | $3,975,000 | $1,988/sf | -19.7% |
| Nov 21, 2023 | 8B | 2 BR · 3 BA · 1,815 sf | $2,700,000 | $1,488/sf | -30.8% |
| Jun 1, 2023 | 3B | 3 BR · 3 BA · 2,100 sf | $3,700,000 | $1,762/sf | -25.3% |
| Dec 20, 2022 | 4A | 2 BR · 3 BA | $2,100,000 | -20.8% | |
| Sep 1, 2022 | 7B | 3 BR · 3 BA | $4,650,000 | -15.5% | |
| Oct 8, 2021 | 5A | 2 BR · 3 BA | $3,500,000 | +0.0% | |
| Sep 23, 2021 | 10A | 2 BR · 2.5 BA | $3,500,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,988/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 4.3% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Sep 2, 2003 | 1819A | $8,900,000 |
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 1-01392-0070). 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.
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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.
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Notable residents
The building has maintained a relatively private resident profile; widely-reported celebrity sales are limited.
What to know if you’re buying
The flexible policy framework is structurally distinguishing. Welcomed pets, welcomed pied-à-terre, and 2% flip tax produce one of the more accommodating prestige Fifth Avenue cooperative buyer profiles.
The Schiff mansion site provenance is real historical context. The Jacob Schiff house was among the most consequential Gilded Age Fifth Avenue residences; the Margon 1941 building inherited the site identity.
The 2% buyer-paid flip tax is moderate. Factor into all carrying-cost and net-proceeds calculations — on a $5 million purchase, $100,000 of additional buyer cost.
Select residences carry wood-burning fireplaces. Verify at the apartment level during walkthrough.
The boutique 53-unit scale supports operational intimacy. Plan for white-glove board posture and substantial financial-package diligence.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
What to know if you’re selling
Marketing should emphasize the flexible policy framework — welcomed pets, welcomed pied-à-terre, 2% flip tax. All three are structural advantages versus peer Fifth Avenue cooperative inventory.
The Schiff mansion site provenance and the Margon late-prewar architectural credential support historical positioning. Reference where appropriate.
The boutique 53-unit scale and the Friends of the Upper East Side / LPC-protected exterior identity are real structural advantages. Position accordingly.
Pricing should reference recent comparable closings. Apartment-line-specific comparables should anchor positioning.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 965 Fifth Avenue, also evaluate:
- 960 Fifth Avenue — Rosario Candela; immediate Fifth Avenue trophy peer
- 950 Fifth Avenue — Fifth Avenue peer
- 975 Park Avenue — J.M. Felson 1929; nearby Park Avenue peer
- 990 Fifth Avenue — Fifth Avenue peer
- 998 Fifth Avenue — McKim, Mead & White 1910; nearby Fifth Avenue peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
More Fifth Avenue buildings
- 955 Fifth Avenue — 1938 co-op by Rosario Candela
- 956 Fifth Avenue — 1925 co-op by Nathan Korn
- 960 Fifth Avenue — 1928 co-op by Rosario Candela
- 969 Fifth Avenue — 1925 co-op
- 980 Fifth Avenue — 1966 co-op
- 990 Fifth Avenue — 1927 co-op by Rosario Candela
The neighborhood
For the full corridor — architecture, transit, and pricing across Fifth Avenue — read The Roebling Team Guide to Fifth 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 965 Fifth 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