Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
985 PARK Avenue #4/5
Closed For Sale Condo

$5,437,500

$2,202 per sq ft

985 PARK Avenue #4/5

Upper East Side, Manhattan

MLS® #RLS20074320

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3

Baths

2,469

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,469 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $5,251/mo
Property Taxes Contact for details
Neighborhood Upper East Side
Floor 4

Property Highlights

  • Views: City

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full
Floor 4
View City
Pets Yes
Year Built 2006
Living Area 2,469 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01512/0000

Listing History

Event Date Price Change
Listed Mar 2, 2026 $5,995,000 -
Currently May 7, 2026 $5,437,500 -9.3%

Description

Move right into this incredibly special 3 bedroom/3 bathroom condominium in the heart of the Upper East Side. Bathed in natural light, the apartment feels like a townhouse in the sky overlooking Park Avenue with charming treetop views of the Church of St. Ignatius Loyola, a historic landmark celebrated for its striking Neoclassical and Baroque Revival architecture. Available for the first time since its 2006 completion, the residence was hand-selected by the original owner, who had the rare opportunity to choose from multiple units and selected this one for its ideal elevation and open views.

A private key-locked elevator opens into an elegant entry gallery that flows seamlessly into a spacious living room with a decorative fireplace and oversized windows facing Park Avenue. The gracious formal dining room (currently configured as a library/den) faces east and lends itself to both elegant entertaining and easy, everyday living. The windowed eat-in kitchen is beautifully appointed with top-of-the-line appliances, generous storage and a rare and highly convenient feature: a private built-in trash chute. Upstairs, the bedroom level boasts 3 bedrooms with the oversized primary suite facing Park Avenue. This bright and spacious retreat offers a walk-in closet, an additional wall of custom closets, and a luxurious en-suite bath complete with heated floors, a soaking tub and separate glass-enclosed shower. The second and third bedrooms face east and share a bathroom. Additional highlights include an in-unit washer/dryer, floor-to-ceiling windows, electric shades, central air, and custom moldings throughout.

Built in 2006, this boutique, full service condominium has a 24 hr doorman, full-time resident manager, private storage and offers the ease of condo ownership in a neighborhood largely known for co-ops. This coveted location is close to the best schools (both public and private), all major transportation and just two blocks from Central Park and Museum Mile. 1% Flip Tax paid by buyer. Some photos are virtually staged.

Features & Amenities

Interior Features

Separate Formal Dining Room Building None Washer Hookup In Unit

Exterior Features

None

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Financial Details

Common Charges $5,251/mo
RE Taxes Contact for details
Original Price $5,995,000
Sale Price $5,437,500
Previous Price $5,995,000

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

337

Median Asking Price

$1.79M

Median $/Sqft

$1,549

Avg Days on Market

N/A

New This Week

16

Price Reduced

28%

Sold (30 Days)

39

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 5/7/26, 5:59 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

985 PARK Avenue #4/5, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
7
Residential Units
R10
Zoning District
Condominiums Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $7,211,249
Land Value: $909,001
Exemptions: $2,290

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

Lot Area: 2,103 SF
Building Area: 18,142 SF
Built FAR: 8.63
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 common charges are $5,251 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,469 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,437,500 for 2,469 sq ft, the asking price per square foot is approximately $2,202. 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: RLS20074320
First Listed: 3/2/2026
On Market: 3/2/2026
Price Changed: 5/4/2026
Closed: 5/1/2026
Contract Date: 3/2/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jamie S Joseph

Listing Contact: (212) 906-9369

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 5/7/2026 at 9:59 AM UTC

Buying a Condo? Start Here

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

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

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton