Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,000,000

· Sold at asking price · Closed October 2, 2023

SOLD: 885 PARK Avenue #8B
SOLD $7,000,000
Sold Co-op

$7,000,000

$2,059 per sq ft

885 PARK Avenue #8B

Upper East Side, Manhattan

MLS® #RLS10895515

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

4

Bedrooms

5.5

Baths

3,400

Sq. Ft.

1926

Year Built

Sale Details

Sale Price $7,000,000
Original List Price $7,000,000
First Listed At $8,495,000
Close Date October 2, 2023
vs. Asking Sold at asking price

Property Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 3,400 sq ft
Year Built 1926
Ownership Co-op
Maintenance $8,214/mo
Neighborhood Upper East Side
Floor 8 of 16

Description

Offered in quietly elegant, turn-key condition, Apartment 8B is a prewar residence which has been meticulously renovated to the highest standards. This lovely home boasts splendid scale, with high ceilings, gorgeous herringbone pattern parquet floors and light-flooded southern exposures from oversized windows in most rooms. Perfectly positioned at the northeast corner of Park Avenue and East 78th Street within the landmark protected boundaries of Upper East Side Historic District, this prestigious 1927 cooperative apartment building was designed by noted American architects Schwartz & Gross. A semi-private elevator landing on the eighth floor opens onto a Gallery, a generous square which provides seamless access to the impressive reception rooms and commodious bedroom wing of this extremely versatile floorplan. The expansive, south-facing Living Room features a wood-burning fireplace and, measuring almost 30 linear feet, is ideally suited for entertaining. The Living Room adjoins an inviting Library outfitted with a built-in Bar, a Media Closet, a wall of custom-designed bookshelves and a Powder Room. The private residential wing is comprised of 3 spacious Bedrooms, each with a pristine windowed, en-suite Bathroom finished in marble and ample closets. The over-sized primary Bedroom Suite enjoys sunny southern prospects over the quiet, tree-lined beauty of East 78th Street, and features beautiful curved walls, and 8 large closets. The graciously proportioned Formal Dining Room also boasts curved walls and herringbone parquet floors. An enormous Eat-In Chef's Kitchen/Family Room is ideally suited for informal gathering, outfitted with a large breakfast area, media systems, and a desk. Fine custom finishes include millwork of luxurious Bubinga wood and flooring of statuary marble. The Chef's Kitchen is equipped with a center island and full complement of state-of-the art appliances: a Wolf 6-burner Stove, a Garland Salamander, a Sub-Zero Refrigerator and Freezer , a Sub-Zero 140 bottle wine storage unit, and a Thermador Wall Oven and Microwave. A Laundry closet features a front-loading Maytag Maxima XL- washer and dryer. The Staff Bedroom/Office and a full Bathroom complete the well-considered layout of this beautiful apartment. Updated windows and thermostatically controlled through-wall and central air conditioning have been installed throughout. One of the most sought-after and highly regarded cooperative apartment buildings on the Upper East Side, 885 Park Avenue is well-staffed by a Resident Manager, with 24-hour Doorman and support services. Amenities include a large, recently renovated Fitness Center, a Laundry Room and private storage. There are no Summer Work Rules. The building is Pet Friendly and financing of up to 50 percent of the purchase price is permitted. There is a 3% Flip Tax, payable by the Purchaser. Apartment 8B represents a singular opportunity to secure a truly extraordinary home in the coveted Lenox Hill neighborhood: thoughtfully designed, finished to perfection and in move-in condition.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Cooling Central Air
Year Built 1926
Living Area 3,400 sq ft

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RLS at REBNY

Listing courtesy of Roberta Golubock at Sotheby's International Realty, Inc.. 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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