Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $21,250,000

· Closed May 19, 2026

778 PARK Avenue #12THFLOOR
Closed For Sale Co-op

$21,250,000

778 PARK Avenue #12THFLOOR

Lenox Hill, Manhattan

778 Park Avenue Bldg Corp

MLS® #RLS11023231

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

5.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 5
Bathrooms 6 full, 2 half
Year Built 1930
Ownership Co-op
Maintenance $32,462/mo
Neighborhood Lenox Hill
Floor 12 of 19

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,North,South,West facing
  • Fireplace: 3 fireplaces

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 18
Baths 5 Full, 2 Half
Floor 12 of 19
View City, Park Greenbelt
Exposure East,North,South,West
Cooling Wall Units
Pets Yes
Year Built 1930
Structure Type HighRise
Basement Other
Block/Lot 01388/0033

Listing History

Event Date Price Change
Listed Dec 1, 2024 $26,950,000 -
Price Reduced May 21, 2026 $22,500,000 -16.5%
Currently May 29, 2026 $21,250,000 -5.6%

Description

Perfectly situated on the 12th Floor of 778 Park Avenue, Rosario Candela's most coveted building, this truly exceptional full-floor residence has spectacular entertaining rooms, soaring ceilings up to 11'7", and three wood burning fireplaces. Every room has picturesque views including views of Central Park from all of the western facing rooms. There are five bedrooms, five full bathrooms, two powder rooms as well as four staff rooms.

You arrive through an elegant private elevator landing leading to the grand 36'6" long gallery. Off the gallery is a powder room and two oversized coat closets. The sun-drenched living room boasts three oversized windows which face east over Park Avenue. This magnificent 32'4" by 19'2" room has herringbone floors and is centered around the grand wood burning fireplace. Adjacent to the north is a 25'3" by 17'4" corner formal dining room with the second wood burning fireplace and to the south is a handsome wood-paneled library with custom built-ins and the third wood burning fireplace. This original Candela designed layout graciously allows for a beautiful enfilade of entertaining rooms which flow seamlessly.

There is an incredible windowed large eat-in kitchen with a center island, a windowed butler's pantry, and a beautiful sun-filled corner breakfast room as well as a staff wing including a laundry room, staff dining room, two staff bedrooms and a powder room.

There is a separate bedroom wing. In the corner is the luxurious primary suite, which is a combination of two bedrooms. The sleeping quarters are in the corner facing south and east, there is a very large windowed en-suite bathroom, and an enormous dressing room. There are four additional large bedroom suites and three full bathrooms.

Up a set of stairs from the main floor is an additional staff suite with two more staff bedrooms and a staff bathroom.

Built in 1931, 778 Park Avenue was designed by legendary Manhattan architect Rosario Candela and is considered to be one of his finest works. This full-service white-glove co-operative consists of only 18 apartments; residents enjoy the highest level of service and security. The building has a gym, a yoga/massage room and a beauty parlor.

There is a 3% flip tax paid by the purchaser. There is a monthly assessment of $8,665 for Local Law 11.

This is a rare opportunity to own a residence in one of the most sought after addresses in Manhattan.

Features & Amenities

Interior Features

Separate Formal Dining Room High Ceilings Walk In Closets Building None Washer Hookup In Unit Fireplace (3)

Exterior Features

None

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $32,462/mo
Original Price $26,950,000
Sale Price $21,250,000
Previous Price $22,500,000

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

652

Median Asking Price

$1.38M

Median $/Sqft

$1,447

Avg Days on Market

N/A

New This Week

34

Price Reduced

32%

Sold (30 Days)

40

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/29/26, 12:25 PM EST

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Location

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778 PARK Avenue #12THFLOOR, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
20
Floors
18
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $18,173,250
Land Value: $3,555,000
Exemptions: $0

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

Lot Area: 8,939 SF
Building Area: 120,073 SF
Built FAR: 13.43
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 $32,462 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 5 full bathrooms and 2 half bathrooms.

According to MLS records, the building was constructed in 1930, making it approximately 96 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.

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: RLS11023231
First Listed: 12/1/2024
On Market: 12/1/2024
Price Changed: 5/21/2026
Closed: 5/19/2026
Contract Date: 12/1/2024

Listing Courtesy of Corcoran Group - Cathy F Franklin

Listing Contact: (917) 863-8209

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 5/29/2026 at 4:25 PM UTC

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