Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,550,000

· Closed June 16, 2018

885 PARK Avenue #7C
Closed For Sale Condop

$7,550,000

885 PARK Avenue #7C

Upper East Side, Manhattan

MLS® #RLS10486945

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

4

Bedrooms

0.5

Baths

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Lot Size 15,350 sq ft
Year Built 1927
Ownership Condop
HOA/Common Charges $6,427/mo
Neighborhood Upper East Side
Floor 7 of 15

Property Highlights

  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture
  • Character: Pre-war building (1927)

Property Details

Type Condop
Ownership Condop
Total Rooms 11
Baths null Full, 1 Half
Floor 7 of 15
Pets Yes
Year Built 1927
Architectural Style Prewar
Lot Size 15,350 sq ft
Parcel # 1413-0001-00885-000-000007C

Listing History

Event Date Price Change
Listed Jun 16, 2018 $7,950,000 -
Currently May 6, 2026 $7,550,000 -5.0%

Description

Situated in a highly sought after Lenox Hill co-operative, this bright and expansive 11-room apartment is in pristine Estate condition. With 4 bedrooms and 3 full baths in the bedroom wing, along with an additional 3 maids rooms and a 4th bath in the rear of the apartment, this offering marks a spectacular opportunity to create a grand home. The apartment, located on the 7th floor, offers exceptional light and rare open views East overlooking townhouse gardens below, as well as pleasant Southern views over quiet 78th Street. Enter the home through the central gallery, which exceeds 30 feet in length. The sun-flooded South facing living room features a wood-burning fireplace, while an adjacent library with wet-bar can be kept as is or converted into an additional 4th bedroom. The corner master bedroom offers an oversized en-suite bath, and there are two additional bedrooms, and 2 additional baths. The elegant prewar details, such as the herringbone floors, crown moldings and baseboards, are each in exceptional condition. A grand-scaled formal dining room sits off the foyer leading to the enormous "domestic" wing of the apartment in original condition, offering a kitchen with three exposures, breakfast area, butler's pantry, laundry room, as well as two staff quarters, which share a bath. 885 Park Avenue is a well-regarded 15-story full-service pre-war cooperative constructed in 1927. The building features full-time doormen, live-in super, private storage and a newly renovated fitness center. 25 financing not to exceed $2,000,000. 3 flip tax paid by Purchaser.

Features & Amenities

Interior Features

Common Area Fireplace

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 36
Stories 15
Style Prewar

Financial Details

Common Charges $6,427/mo
Original Price $7,950,000
Sale Price $7,550,000

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

$1,561

Avg Days on Market

N/A

New This Week

17

Price Reduced

28%

Sold (30 Days)

42

Median Sale Price

$1.58M

Live data from RLS at REBNY • Updated 5/6/26, 6:23 PM EST

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Location

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885 PARK Avenue #7C, Upper East Side, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
15
Floors
36
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $22,148,100
Land Value: $4,590,000
Exemptions: $50,070

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

Lot Area: 15,350 SF
Building Area: 171,207 SF
Built FAR: 11.15
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 $6,427 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 5 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS10486945
First Listed: 6/16/2018
Closed: 6/16/2018
Contract Date: 1/7/2015

Listing Courtesy of Sotheby's International Realty, Inc. - Jeremy V. Stein

Listing Contact: (917) 854-4411

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 5/6/2026 at 10:23 PM UTC

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