1049 Park Avenue is a full-service prewar cooperative with 24-hour doorman and only three apartments per floor for privacy. Located in prime Upper East Side near Central Park and museums, it offers amenities like a renovated lobby, laundry room, and outdoor patio. Currently, 2 apartments are for sale.
1049 Park Avenue is a 14-story prewar cooperative built in 1919 and designed by William Bottomley, whose firm would later design the renowned River House. According to "Park Avenue, Street of Dreams" by James Trager, it was perhaps the first postwar building completed on Park Avenue after World War I. The building received a Gold Medal from the American Institute of Architects in 1922 for the "Best designed Apartment Hotel erected during the past three years." The brown brick façade features decorative quoins on the lower two floors, cartouches and garlands between windows on the top three floors, and an elaborate three-story entrance surround with composite capitals and a broken pediment.
The building contains 36 apartments with just three units per floor, providing excellent privacy. Common apartment features include wood burning fireplaces, 9.5 foot beamed ceilings, hardwood floors, and Park Avenue views with western exposure. Many apartments follow a classic 7 layout with formal living and dining rooms, windowed eat in kitchens, and separate bedroom wings. High end appliances are standard across units, including Sub-Zero refrigerators, Miele washers and dryers, and professional grade ranges from brands like Gaggenau and Viking.
Notable residences include Apartment 14BC, a approximately 3,000 square foot combination unit originally configured as 12 rooms and reimagined into 9. This five bedroom, four and a half bathroom home features two wood burning fireplaces with custom mantels (one in gemstone amethyst, another in Thassos marble with Breccia de Vendome), Brazilian chestnut floors with soundproofing, multiple marble bathrooms with radiant heated floors, and central air conditioning. The penthouse offers four bedrooms, two and a half bathrooms, a private landing, and a wraparound terrace with skyline views down Park Avenue. Several apartments feature 23 foot wide living rooms and 44 foot combined living and dining room expanses.
The building provides 24-hour doorman service, a live-in superintendent, porter staff, and a recently renovated lobby. Amenities include basement laundry facilities, bike storage, individual storage units, and a common outdoor courtyard. The building does not have a garage, health club, roof deck, or balconies. Through the wall air conditioning is standard, though central air and additional units are permitted with board approval. The building allows 66% financing, one pet per apartment, and charges a 2% flip tax paid by the buyer.
Located on the northeast corner of Park Avenue and 86th Street in Carnegie Hill, the building sits moments from Central Park, Museum Mile including the Metropolitan Museum of Art and Guggenheim, and Madison Avenue shopping. The location offers excellent transportation access via the express subway at 86th Street and Lexington Avenue and crosstown bus service on 86th Street. The building is currently zoned for PS 6 and is surrounded by top schools, restaurants, and cultural institutions.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.