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This 15-story apartment building at 1172 Park Avenue was erected in 1926 and converted to a cooperative in 1956. Developed by Michael E. Paterno and designed by Rosario Candela, it features 52 apartments and is located in the desirable Carnegie Hill neighborhood. Currently, 1 apartment is for sale.
1172 Park Avenue is a 1926 Carnegie Hill co-op designed by Rosario Candela at the southwest corner of Park Avenue and East 93rd Street. Developed by Michael E. Paterno, the 15 story building was originally divided into 26 large apartments; it was converted to cooperative ownership in 1956 and now contains 52 residences.
The light tan brick façade rises from a two story rusticated limestone base, with limestone bandcourses, detailed window surrounds, and a cornice. Near the roofline, ornamental spouts alternate between lions’ and rams’ heads. The canopied entrance has an arched surround, a carved tympanum, and large flanking sconces.
Many apartments retain high ceilings, hardwood floors, formal dining rooms, entry galleries, and wood burning fireplaces. Private or semi private landings recur, as do windowed kitchens and in-unit laundry, while higher floor residences have open east and west exposures with views toward Central Park and the Reservoir. The combined duplex 6AC/5C spans two floors, with bedrooms and recreation spaces distributed between both levels.
The building has a full time doorman, a live-in superintendent, a fitness center, central laundry, bicycle storage, and resident storage. Pets are allowed. Central Park and the Solomon R. Guggenheim Museum are several blocks away, and the surrounding Carnegie Hill streets contain townhouses, mansions, museums, and schools.
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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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