1036 Park Avenue

Overview of 1036 Park Avenue

Built in 1957 and designed by Gustave W. Iser for Harry Lanzer and Arthur Posner, 1036 Park Avenue is a distinctive 19-story red brick cooperative building located on the southwest corner of Park Avenue and 86th Street. The building's exterior is notable for its distinctive green glazed terra cotta corner panels, several terraces, and corner bay windows. It was converted to a cooperative in 1960 and contains 75 apartments.

The building underwent a significant renovation that enhanced its entrance and lobby, featuring an elegant Oriental-style design that harmoniously complements the neighboring building - an unusual example of contextual design in the area. The apartments range from studios to three-bedroom units, with many featuring generous room proportions and thoughtful layouts. Some notable configurations include units with multiple terraces, bay windows, and spacious living areas.

Residents enjoy full-service amenities including a full-time doorman, concierge, and a live-in superintendent. The building offers central laundry facilities, bicycle storage, and private storage lockers in the basement. While pets are generally not permitted, exceptions are made for emotional support and service animals with proper documentation. The building allows up to 50% financing and welcomes pied-à-terre buyers.

The cooperative maintains specific policies, including a 2% flip tax paid by purchasers. Co-purchasing is permitted, and trust purchases, gifting, and guarantors are considered on a case-by-case basis. Washer/dryers are not permitted in individual apartments.

The location offers exceptional convenience, situated just two blocks from Central Park and Museum Mile. The building is steps from the express subway station at Lexington Avenue, and crosstown buses run frequently on 86th Street. The neighborhood provides easy access to numerous amenities including Whole Foods, Target, Butterfield Market, and various boutiques along Madison Avenue.

The surrounding area is highly desirable, characterized by landmark buildings, major museums, excellent schools, and religious institutions. The building's position on Park Avenue, combined with its full-service amenities and well-maintained facilities, makes it a notable address in the Upper East Side's Carnegie Hill neighborhood.