Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $545,000

· Closed November 2, 2022

885 PARK Avenue #1B
Closed For Sale Co-op

$545,000

885 PARK Avenue #1B

Upper East Side, Manhattan

MLS® #RLS10805996

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

3

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2 full, 1 half
Lot Size 15,350 sq ft
Year Built 1926
Ownership Co-op
Maintenance $6,846/mo
Neighborhood Upper East Side
Floor 1 of 16

Property Highlights

  • Views: Park Greenbelt
  • Exposure: South,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 1 Full, 1 Half
Floor 1 of 16
View Park Greenbelt
Exposure South,West
Cooling Central Air
Pets Yes
Year Built 1926
Architectural Style Prewar
Lot Size 15,350 sq ft
Parcel # 1413-0001-00885-000-000001B

Description

Fabulous opportunity for you to own in one of the most desirable locations in the world. 1 B is a spacious ground floor medical suite that is approximately 1300 sqft. The suite has great exposure and street presence with an expansive location encompassing the entire Southwest corner of Park Avenue and 78th Street. There are 3 consults/exams, 2 other dedicated exam rooms, one of which was formerly a certified operating room and 2 bathrooms. The suite boasts 2 entrances, one with doorman entry, and another with private entry on 78th Street. This incredible sought-after building on the Upper East Side, in prime Lenox Hill Medical area, is a white-glove, full-service coop with full-time doorman, live-in super, service staff, and fitness center. Built in 1927, this 15 story Pre-War building has 39 units. The lobby has been beautifully renovated. Perfectly situated near New York Presbyterian Hospital, Weill Cornell Medical Center, Mount Sinai Hospital, Memorial Sloan Kettering and Lenox Hill Hospital, public transportation via subway and bus routes. The building is pet friendly, there is a 3% flip tax by buyer, and 50% financing permitted.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Total Units 36
Stories 16
Style Prewar

Financial Details

Maintenance $6,846/mo
Original Price $795,000
Sale Price $545,000
Previous Price $675,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its quiet, 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

309

Median Asking Price

$1.39M

Median $/Sqft

$1,476

Avg Days on Market

N/A

New This Week

8

Price Reduced

25%

Sold (30 Days)

27

Median Sale Price

$1.44M

Live data from RLS at REBNY • Updated 4/4/26, 9:51 AM EST

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Location

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885 PARK Avenue #1B, Upper East Side, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10805996
First Listed: 12/14/2021
Price Changed: 11/2/2022
Closed: 11/2/2022
Contract Date: 12/14/2021

Listing Courtesy of Sotheby's International Realty, Inc. - Esther Muller

Listing Contact: (646) 391-7406

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 4/4/2026 at 1:51 PM UTC

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