1050 Park Avenue - Carnegie Hill
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1050 Park Avenue, designed by renowned architect J.E.R. Carpenter in 1923, is a distinguished 14-story cooperative building located at the southwest corner of 87th Street in Carnegie Hill. The building, which was converted to a cooperative in 1959, features 60 apartments and serves as an architectural 'bookend' with its sister building at 1060 Park Avenue.
The building's elegant red-brick façade showcases classic pre-war architectural elements, including Italianate urns and swags, decorative terra-cotta friezes, egg-and-dart moldings, and impressive double-height arches at the top floors. The grand entrance features black-metal-and-glass doors with brass medallion detailing, complemented by carved rough marble and decorative moldings.
Notable past residents have included H. Boardman Spalding of the Spalding sporting goods empire, Herbert Kent (namesake of Kent cigarettes), Westinghouse executive Walker G. White, and Ashley Cole, chairman of the New York State Racing Commission.
The full-service building maintains a high level of amenities, including 24-hour doorman service, elevator attendants, a live-in resident manager, fitness room, and private storage facilities. The cooperative allows both pets and pied-a-terres, and benefits from its prime location near Central Park, Museum Mile, and various 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.
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