Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,250,000

· Sold at asking price · Closed October 30, 2024

SOLD: 1070 Park Avenue #PHE
SOLD $6,250,000
Sold Co-op

$6,250,000

1070 Park Avenue #PHE

Upper East Side, Manhattan

MLS® #RLS10972485

RLS at REBNY

Listing by Compass

3

Bedrooms

4.5

Baths

N/A

Sq. Ft.

1928

Year Built

Sale Details

Sale Price $6,250,000
Original List Price $6,250,000
First Listed At $6,995,000
Close Date October 30, 2024
vs. Asking Sold at asking price

Property Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Year Built 1928
Ownership Co-op
Maintenance $9,173/mo
Neighborhood Upper East Side
Floor 1 of 15

Description

Rarely does a Park Avenue penthouse come to market, let alone with a wrap-around terrace of this scale. From the moment you arrive at the private elevator vestibule and enter the elegant foyer, the door to the terrace welcomes you to this extraordinary opportunity. Spanning over 2000 square feet, the terrace is visible throughout this glamorous home. The living room and dining room feature herringbone oak floors, high ceilings, large picture windows and a wood burning fireplace with an exquisite marble and wood surround. The formal dining room easily accommodates seating for 12 and has direct access to the terrace for seamless entertaining alfresco. There are three generous bedrooms located in a private bedroom wing. The primary bedroom is awash in southern sunlight and has an ensuite bathroom as well as a door to a private sunny terrace with a lounge area perfect for quiet relaxation or spending time with friends and family. Both secondary bedrooms have ensuite baths and windows facing east for morning light. One of these is currently designed as a magnificent library lined with bookshelves. The windowed chef’s kitchen has dual entrances to the dining room and central hall to facilitate elegant entertaining and also offers a cozy breakfast area. Next to the kitchen, there is a former staff room and full bathroom, which could serve as either a small bedroom, office, gym, or laundry room. 1070 Park Avenue is a prestigious prewar co-op located on 88th Street in the heart of Carnegie Hill, close to Central Park and and world famous museums like the Metropolitan Museum and the Guggenheim. Built in 1928 and designed by the prominent architectural firm Schwartz & Gross, 1070 Park is a full service building with full time doorman and concierge, live-in super and additional staff. Amenities include a well-appointed fitness room, basketball court, private storage, bike room, and laundry room. Pieds-a-terre, 50% financing and pets are allowed. There is a 2% flip tax paid by the purchaser.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Cooling Other
Year Built 1928
Flooring Hardwood

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RLS at REBNY

Listing courtesy of Kristina Wallison at Compass. 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. This 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.

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