Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

885 PARK Avenue #12B

Pending · Listing by Brown Harris Stevens Residential Sales LLC

885 PARK Avenue #12B

Lenox Hill, Manhattan

$6,850,000

Interested in this property?
Pending For Sale Co-op

$6,850,000

885 PARK Avenue #12B

Lenox Hill, Manhattan

MLS® #RLS20050931

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

4
Bedrooms
3.5
Baths
N/A
Sq. Ft.
1927
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Year Built 1927
Ownership Co-op
Maintenance $9,740/mo
Neighborhood Lenox Hill
Floor 12 of 14

Property Highlights

  • Views: City
  • Exposure: South facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 9
Baths 3 Full, 1 Half
Floor 12 of 14
View City
Exposure South
Cooling Central Air
Pets Yes
Year Built 1927
Structure Type HighRise
Basement Other
Parcel # 1413-0001-00885-000-000012B
Block/Lot 01413/0001

Listing History

Event Date Price Change
Listed Feb 12, 2026 $7,250,000 -
Currently Aug 26, 2026 $6,850,000 -5.5%

Description

885 Park Avenue, 12B Grand in scale and full of pre-war elegance and charm, this sprawling nine-room, three-and-a-half-bath residence can accommodate sophisticated, large-scale entertaining as well as quiet refinement and comfort for everyday living. Apartment 12B is perched high above tree-lined 78th Street just off Park Avenue, with several rooms enjoying southern exposures with abundant sunlight and open city views. A semi-private landing leads to an entrance foyer and square gallery which centers the apartment's gracious layout. The living room is nearly 30' in length, with ceilings just under 10', original oak herringbone floors and wood-burning fireplace. An adjacent library (which could easily be converted to a fourth bedroom) features custom built-in bookshelves, a stylish recessed bar and large walk-in closet. Opposite the library is an exceptionally spacious formal dining room flanked by mahogany and etched glass doors. The adjacent, windowed eat-in-kitchen's generous proportions can accommodate a variety of configurations with abundant space for both storage and seating. There are two former staff rooms off the kitchen, one currently configured as a laundry room with full-size washer and vented dryer and the other as a home office, with a renovated half-bathroom in between. The private residential wing is comprised of three bedrooms, all with expansive dimensions, high ceilings and abundant closets. The primary bedroom is bathed in southern light and features a private vestibule and en suite, windowed, marble full bath. 885 Park Avenue is a premier, full-service cooperative designed and built in 1927 by renowned pre-war architects Schwartz & Gross. The building offers a large, renovated fitness center, live-in resident manager, attentive staff and is pet-friendly. Private storage transfers with the apartment. Fifty percent financing is allowed and there is a 3% flip tax payable by purchaser.

Features & Amenities

Interior Features

Building Other In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Concierge

Building Information

Building Data View Compliance & Permits
Total Units 36
Stories 14
Structure HighRise

Financial Details

Maintenance $9,740/mo
Original Price $7,250,000
Previous Price $7,250,000

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

418

Median Asking Price

$1.44M

Median $/Sqft

$1,552

Avg Days on Market

N/A

New This Week

8

Price Reduced

37%

Sold (30 Days)

54

Median Sale Price

$1.10M

Live data from RLS at REBNY • Updated 8/26/26, 1:13 AM EST

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Location

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885 PARK Avenue #12B, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $9,740 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 3 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 co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste 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: RLS20050931
First Listed: 9/25/2025
On Market: 2/12/2026
Price Changed: 2/12/2026
Pending Since: 7/17/2026
Contract Date: 9/25/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Simone Mailman

Listing Contact: (212) 452-6209

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 8/26/2026 at 5:13 AM UTC

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Lenox Hill Market Update

54 sales last 30 days · $1.44M median · 7.7 months supply

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New listings in this neighborhood

Quick Facts

Status Pending Type Co-op Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 12 of 14
Year Built 1927
First Listed 9/25/2025
Maintenance $9,740/mo

Monthly Costs Estimate

Down Payment 20%

$1,370,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $9,740
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$154,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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