970 Park Avenue
970 Park Avenue, New York, NY 10028
BBL 1014940037 · BIN 1046760
- Year built
- 1912
- Type
- Cooperative
- Units
- 40
- Floors
- 15
- Landmark status
- Not an individual landmark; in the Park Avenue Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Not permitted
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Maximum financing
- 75% of the purchase price
- Flip tax
- 2% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $2M
- 4 qualifying sales
- Recent range
- $1.6M – $5.3M
- Listing discount
- 10.6%
- Recorded transfers
- 28
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 970 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.
970 Park Avenue is a Schwartz & Gross apartment house built in 1911–12 for Bing & Bing, on Park Avenue between East 82nd and East 83rd Streets.
The Metropolitan Museum is west on Fifth Avenue at 82nd Street. Museum Mile extends north to the Guggenheim at 89th, Cooper Hewitt at 91st and Jewish Museum at 92nd; check actual routes for your needs.
The building predates the later 1920s apartment-house wave. Bing & Bing also developed projects on Fifth Avenue and in Greenwich Village. LPC records a two-story rooftop addition circa 1986–91; verify its floor numbering and penthouse layouts from the approved plans.
The building is a contributing structure in the Park Avenue Historic District, designated in 2014.
Architecture and unit composition
Schwartz & Gross designed 970 Park in a Georgian Revival idiom — red brick, terra cotta and granite — a decade before the larger wave of 1920s Park Avenue apartment construction. Apartment configurations reflect early-1910s luxury Park Avenue conventions.
Pre-war features typical of the period (confirm apartment by apartment):
- 10–11 foot ceilings in primary rooms
- Formal entry galleries
- Library-living combinations
- Primary suites with substantial closet infrastructure
- Service wings characteristic of early-1910s luxury apartment design
Park Avenue-facing apartments (east exposure) look across the Park Avenue median plantings. 82nd Street or 83rd Street-facing apartments have cross-street exposures.
Building operations
970 Park Avenue operates as a full-service pre-war cooperative. Specific operational details — corporation name, managing agent, financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance — should be confirmed directly with property management during due diligence.
Management’s schedule updated September 11, 2026 lists maximum financing of 75% of the purchase price, superseding this profile’s unsupported 50% minimum-down statement. Confirm the current written requirement before underwriting. Reported pied-à-terre permission does not support a blanket primary-residence requirement.
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
- 2% of gross sales price
- Rate
- 2% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
10 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application FeeConditional | Paid by Buyer | When With the application | Amount $750 (Additional $250.00 if no broker) | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Double ApartmentConditionalSame Parties Dual Documents | Paid by Buyer | When With the application | Amount Additional $450, if applicable | Refundable Not stated |
| Administrative Fee | Paid by Buyer | When At closing | Amount $50 | Refundable Non-refundable |
| Processing Loan Documentation FeeConditional | Paid by Buyer | When At closing | Amount $750 (if financing) | Refundable Not stated |
| Purchase Administrative Fee | Paid by Buyer | When At closing | Amount $425 ($212.50 each for seller and buyer) | Refundable Not stated |
| Seller Administrative Fee | Paid by Seller | When At closing | Amount $50 | Refundable Not stated |
| Transfer Fee | Paid by Seller | When At closing | Amount $1000 (Additional $300 for LLC, Trust and Estate) | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When At closing | Amount $1,000 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When At closing | Amount $1,000 | Refundable 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.
Financing and purchase requirements
- Maximum financing
- 75% of the purchase priceSource: building management's published schedule, as of September 2026
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 permittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- PermittedSource: 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.
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
- $888 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, storage, laundry roomSource: 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
- $24,742/yr
- Per unit / month range
- $0 – $52
- Modeled exposure split equally across 40 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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).
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 data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- 2% of gross sales price (Seller, at closing)
- Policies and fees
- Transfer Fee $1000 (+$300 for LLC/Trust/Estate); Application Fee $750 (+$250 if no broker); Move In/Out Deposit $1,000 each; financing docs $750
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 |
|---|---|---|---|---|---|
| May 18, 2026 | 8N | 2 BR · 2 BA · 1,600 sf | $2,050,000 | $1,281/sf | -8.9% |
| Oct 20, 2025 | 6N | 2 BR · 2 BA · 1,800 sf | $2,150,000 | $1,194/sf | -4.4% |
| Apr 1, 2025 | 5N | 5 BR · 3.5 BA | $5,300,000 | -10.9% | |
| Jun 2, 2023 | 6N | 2 BR · 2 BA · 1,800 sf | $1,963,000 | $1,091/sf | -10.6% |
| Feb 13, 2023 | 8W | 2 BR · 2 BA · 1,410 sf | $1,600,000 | $1,135/sf | -19.8% |
| Mar 16, 2022 | 3W | 1 BR · 1 BA | $1,025,000 | -6.8% | |
| Mar 2, 2021 | 8S | 2 BR · 2 BA · 1,500 sf | $2,037,500 | $1,358/sf | -5.2% |
| Jun 18, 2020 | GFW | 3 BR · 1.5 BA | $1,614,600 | -10.1% |
Market read. Most recent trades (2026 to date) cleared a median $1,281/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.7% 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 1-01494-0037). 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 970 Park Avenue and nearby.
At the recent median sale of $2.15M (3 transfers in the past 24 months, since November 13, 2024), a buyer putting 25% down would pay about $41,425 to close, or 1.9% of the price.
- Mansion tax: $26,875
- 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 970 Park Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 970 Park Avenue.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Test price differences with matched sales. Compare measured area, floor, condition, services and carrying costs at specific alternatives, including 720, 740, 770, 778 and 775 Park Avenue (765 Park), rather than assuming a lower price tier.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, pied-à-terre allowance, current capital expenditure pipeline, and architect/year-built attribution should be obtained during the contract review process.
Confirm current purchase requirements. The management schedule updated September 11, 2026 lists a 75% financing maximum. Confirm the current cap and pied-à-terre conditions.
Confirm the permits for the proposed renovation. 970 Park Avenue is in the Park Avenue Historic District. LPC permit requirements depend on the work; routine maintenance and in-kind repairs may be exempt. Confirm the scope with LPC and review separate DOB and cooperative requirements.
What to know if you’re selling
Show the apartment's actual setting. Describe its exposure and measured routes to nearby destinations without a neighborhood-wide cultural-access ranking.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially.
Comparable buildings
If you're considering 970 Park Avenue, also evaluate:
- 940 Park Avenue — Blum brothers 1925; nearby Lenox Hill peer
- 950 Park Avenue — pre-war Lenox Hill peer
- 1000 Park Avenue — Emery Roth 1916; nearby pre-WWI peer at Park / 84th
- 1020 Park Avenue — Wechsler & Schimenti 1960–63; nearby Carnegie Hill border peer
- 1040 Park Avenue — Delano and Aldrich 1925; Park Avenue / 86th corner peer
- 825 Park Avenue — pre-war Lenox Hill peer
More Park Avenue buildings
- 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
- 975 Park Avenue — 1929 co-op
- 983 Park Avenue — 1926 co-op by Schwartz & Gross
- 985 Park Avenue — 2007 condominium by Costas Kondylis & Partners
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 970 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