983 Park Avenue
983 Park Avenue, New York, NY 10028
BBL 1015120001 · BIN 1047642
- Year built
- 1927
- Type
- Cooperative
- Units
- 57
- Floors
- 14
- Landmark status
- Not an individual landmark; in the Park Avenue Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Pied-à-terre
- Not permitted
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
- Pied-à-terre
- Not 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, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 4BR+ median
- $5.8M
- Recent range
- $1.5M – $6.7M
- Listing discount
- 8.2%
- Recorded transfers
- 43
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 983 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.
983 Park Avenue is among the architecturally significant mid-1920s Schwartz & Gross Park Avenue commissions and a building whose structural exposure conditions produce a structurally specific apartment-level light-and-air advantage. Completed in 1927, the 14-story building sits at the northwest corner of Park Avenue and East 83rd Street — directly across Park Avenue from the Church of St. Ignatius of Loyola (the Jesuit-led parish church anchoring the broader Park Avenue institutional fabric) and the related church-and-school complex behind it.
The St. Ignatius church complex across Park Avenue, and the related institutional buildings behind it, produce a substantial unblocked light-and-air corridor on the building's eastern exposure — a structural feature uncommon on Park Avenue and one that produces apartment-level light conditions materially exceeding the corridor's typical apartment-level baseline. Schwartz & Gross's broader Park Avenue body of work — the most prolific of the 1920s Park Avenue residential firms — includes 888 Park (1925–26), 910 Park (1924), 930 Park (1916), 1070 Park (1928), 1095 Park (1930), and the broader corridor presence that made Schwartz & Gross the most prolific of the era's Park Avenue residential firms by number of commissions. 983 Park sits at the mid-point of this body of work and is among the architecturally most consequential of the firm's Carnegie Hill commissions.
The architectural register at 983 Park is red brick over a two-story limestone base with arched window detailing — the classical-revival vocabulary characteristic of Schwartz & Gross's mid-1920s Park Avenue work. The 57-apartment scale and the 1981 cooperative conversion produce a structurally distinct cooperative identity within the broader Park Avenue corridor.
Architecture and unit composition
The 57 cooperative apartments distribute across the building's 14 stories in configurations carrying the mid-1920s Park Avenue layout discipline. The east-facing apartments benefit from the St. Ignatius complex's structural exposure preservation; west-facing apartments look across the avenue to the broader Carnegie Hill streetscape.
Building operations
983 Park operates as a full-service cooperative with 24-hour doorman, live-in superintendent, and attended elevators (the building retains elevator-operator service). The amenity infrastructure includes a fitness center with basketball court, private storage, bicycle storage, and central laundry.
Specific cooperative policy details (financing maximum, flip tax structure, pet policy, pied-à-terre allowance, sublet duration limits) should be verified directly with management.
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
- Amount equal to the greater of either (a) two percent (2%) of the gross sale price of the apartment or (b) five percent (5%) of the gross sale price reduced by the sum of: (i) the brokerage commission actually paid on account of the sale and (ii) the selling Lessee's original purchase price for the apartment
- 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 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 |
| Background Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Financing FeeConditional | Paid by Buyer | When With the application | Amount 300 (if financing) | Refundable Not stated |
| Messenger Fee | Paid by Buyer | When With the application | Amount $75 | Refundable Not stated |
| Lead Based Paint Disclosure | Paid by Seller | When With the application | Amount $75 | Refundable Not stated |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $400 | Refundable Not stated |
| Messenger Fee | Paid by Buyer | When With the application | Amount $75 | 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
- Not verified
- Pied-à-terre ownership
- Not 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.
Monthly carrying charges in recent sales
- Maintenance, per room
- $991 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
- Fitness room, bike storage, 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $59,072/yr
- Per unit / month range
- $0 – $83
- Modeled exposure split equally across 59 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 record last verified September 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. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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.
Management & transfer contacts
- Flip tax
- Greater of 2% gross sale price, or 5% of gross sale price reduced by brokerage commission and original purchase price
- Pied-à-terre
- Not Allowed
- Notable fees
- Financing Fee $300; Messenger $75
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 27, 2025 | 6C | 5 BR · 4 BA · 3,200 sf | $4,900,000 | $1,531/sf | -5.8% |
| Nov 19, 2024 | 5B | 3 BR · 4.5 BA | $6,500,000 | -5.8% | |
| Dec 18, 2023 | 2D | 2 BR · 3 BA | $1,500,000 | -20.0% | |
| Oct 10, 2023 | 7B | 4 BR · 4 BA · 3,500 sf | $6,700,000 | $1,914/sf | -10.6% |
| Jun 22, 2022 | 8D | 3 BR · 3.5 BA | $3,600,000 | +0.0% | |
| Oct 14, 2021 | 5C | 4 BR · 5 BA | $4,999,999 | -35.0% | |
| Oct 14, 2021 | 5D | 2 BR · 3 BA | $1,925,000 | -8.1% | |
| Aug 3, 2021 | 15C | 4 BR · 4.5 BA | $6,360,000 | -27.3% |
Market read. Most recent trades (2025) cleared a median $1,675/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 6.7% 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 1-01512-0001). 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 983 Park Avenue and nearby.
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 983 Park Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 983 Park Avenue. Unsubscribe anytime.
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
The Schwartz & Gross architectural pedigree is real. Among the firm's mid-1920s Carnegie Hill commissions; the architectural composition is consistent with the firm's broader Park Avenue body of work.
The St. Ignatius light-and-air exposure is structural. The church complex across Park Avenue and the related institutional buildings behind it produce light conditions materially exceeding the corridor's typical apartment-level baseline.
The 1981 cooperative conversion is later than peer Park Avenue conversions. The cooperative culture has been continuously refined for four decades.
The fitness center with basketball court is a structural amenity feature. An unusually developed amenity inventory for the pre-war Park Avenue cooperative tier.
Verify operational specifics during due diligence. Specific board approval framework, financing structure, flip tax, sublet policies, current capital project pipeline, and the LL11 façade cycle on the 1927 vintage should be reviewed.
Closing timelines are cooperative-standard. Plan for 6–10 weeks from contract through board approval to closing.
What to know if you’re selling
Marketing should emphasize the Schwartz & Gross architectural credential and the St. Ignatius light-and-air exposure. Both are structural identity features and the record documents both.
The fitness center with basketball court is a real marketing point. Unusually developed amenity infrastructure for the pre-war Park Avenue cooperative tier.
Pricing should reference recent comparable closings. Apartment-line-specific comparables should anchor positioning.
Closing timelines are cooperative-standard.
Comparable buildings
If you're considering 983 Park Avenue, also evaluate:
- 925 Park Avenue — Schwartz & Gross; nearby same-firm Carnegie Hill peer
- 888 Park Avenue — Schwartz & Gross 1925–26; same-firm Park Avenue peer
- 910 Park Avenue — Schwartz & Gross 1924; same-firm Park Avenue peer
- 940 Park Avenue — pre-war Park Avenue peer
- 950 Park Avenue — pre-war Park Avenue peer
More Park Avenue buildings
- 969 Park Avenue — 1912 co-op by Pickering & Walker
- 970 Park Avenue — 1912 co-op by Schwartz & Gross
- 975 Park Avenue — 1929 co-op
- 985 Park Avenue — 2007 condominium by Costas Kondylis & Partners
- 993 Park Avenue — 1915 co-op by Robert T. Lyons
- 1000 Park Avenue — 1916 co-op by Emery Roth
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 983 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