1220 Park Avenue stands as one of Carnegie Hill's most distinguished residential addresses, designed by Rosario Candela in 1930 and developed by Joseph Paterno. This 18-story brown brick cooperative occupies a prominent corner position at 95th Street, featuring Candela's signature architectural elements including a three-story limestone base, multiple setbacks with terraces, and an exceptionally handsome rooftop water tank enclosure that serves as a neighborhood landmark. The building's 55 apartments showcase the sophisticated exterior design that made Candela legendary, with balustrades, stringcourses, and neo-Classical details throughout.
The apartments themselves exemplify Candela's mastery of luxury interior design, with most units featuring expansive entrance galleries, soaring 9-10 foot ceilings, and the original six-panel solid mahogany doors with brass olive hinges. Wood-burning fireplaces are standard throughout, with many apartments containing multiple fireplaces in living rooms, libraries, and dining rooms. The building's eastern exposure along Park Avenue provides excellent natural light, while the generous room proportions allow for both formal entertaining and comfortable daily living. Many apartments have undergone high-end renovations featuring chef's kitchens with professional-grade appliances, restored herringbone floors, and converted staff quarters that now serve as additional bedrooms, offices, or media rooms.
As a full-service white-glove cooperative, 1220 Park Avenue offers 24-hour doorman service, a live-in resident manager, and a state-of-the-art fitness center. The building provides practical amenities including private storage, bicycle storage, and laundry facilities. Pets are welcome and financing up to 50% is permitted, though there is a 3% flip tax payable by purchasers. The location in Carnegie Hill places residents within walking distance of Central Park, Museum Mile, prestigious private schools, and cultural institutions, while the 96th Street subway station provides convenient transportation access.
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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.