Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,875,000

· Closed July 17, 2020

940 PARK Avenue #3B
Closed For Sale Co-op

$1,875,000

$1,316 per sq ft

940 PARK Avenue #3B

Upper East Side, Manhattan

MLS® #RLS10819513

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

2

Bedrooms

2

Baths

1,425

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,425 sq ft
Lot Size 5,216 sq ft
Year Built 1925
Ownership Co-op
Maintenance $3,894/mo
Neighborhood Upper East Side
Floor 3 of 15

Property Highlights

  • Exposure: North,South,West facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 3 of 15
Exposure North,South,West
Pets Yes
Year Built 1925
Living Area 1,425 sq ft
Architectural Style Prewar
Lot Size 5,216 sq ft
Parcel # 1493-0033-00940-000-000003B

Listing History

Event Date Price Change
Listed Jan 21, 2020 $1,875,000 -
Currently Apr 22, 2026 $1,875,000 -

Description

Exuding rich, sophisticated Prewar style and scale, welcome to your Dream Home! The semi-private vestibule opens to an immaculate and warm Classic 5 apartment featuring a gracious foyer and leads you into a bright, south facing Living Room with grand proportions. With 9'3” beamed ceilings, huge picture windows, a stunning built-in library wall, gorgeous herringbone hardwood floors, and warm baseboard and crown moldings, this distinguished apartment retains the original, luxurious, interior architectural detail. The expansive Living Room is centered by a wood-burning fireplace for cuddling up on cold days and enjoying the view of the lusciously tree-lined block with limestone mansions. With an adjacent, north facing Formal Dining Room there is an expanse of nearly 40 feet, perfect for elegant Entertaining. Off the Dining Room, the large, windowed eat-in Kitchen is formally closed and has a washer and dryer. At one end there is additional cabinetry and an office nook which could easily become an eating area. The Master Bedroom has dual exposures to the beautiful, tree-lined street. It is especially well-designed with a wall of completely outfitted closets and an en suite windowed bathroom with walk-in shower. The 2nd Bedroom has artfully crafted built-ins, is presently used as a Den/Media Room, and has a windowed, en suite bathroom with bathtub/shower. 940 Park Avenue is a boutique full-service cooperative and is superbly located on the west side of Park Avenue and 81st Street within the Park Avenue Historic District. It was designed in 1925 by prolific architects George and Edward Blum and was Edward's proud home for many years after its construction. Amenities in this intimate building include a full-time doorman and Private Storage that conveys with each apartment. The building allows Financing up to 50% of the purchase price and has a 2% Flip Tax. Pied-a-terre ownership is not allowed. Sorry No Dogs.

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Eat In Kitchen Building Washer Dryer Install Allowed Common Area Fireplace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Total Units 28
Stories 15
Style Prewar

Financial Details

Maintenance $3,894/mo
Sale Price $1,875,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

338

Median Asking Price

$1.63M

Median $/Sqft

$1,546

Avg Days on Market

N/A

New This Week

22

Price Reduced

26%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/22/26, 9:33 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

940 PARK Avenue #3B, Upper East Side, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
15
Floors
28
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $7,450,650
Land Value: $1,156,500
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,216 SF
Building Area: 64,058 SF
Built FAR: 12.28
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,894 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,425 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,875,000 for 1,425 sq ft, the asking price per square foot is approximately $1,316. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10819513
First Listed: 1/21/2020
Closed: 7/17/2020
Contract Date: 1/21/2020

Listing Courtesy of Sotheby's International Realty, Inc. - Dianne M. Weston

Listing Contact: (917) 693-8442

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 1:33 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton