Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
785 PARK Avenue #17BC
Interested in this property?
Active For Sale Co-op

$8,950,000

785 PARK Avenue #17BC

Lenox Hill, Manhattan

MLS® #RLS20097832

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

3

Baths

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Year Built 1940
Ownership Co-op
Maintenance $13,484/mo
Neighborhood Lenox Hill
Floor 17 of 20

Property Highlights

  • Views: City Lights, City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
Floor 17 of 20
View City Lights, City
Exposure East,North,South,West
Pets Yes
Year Built 1940
Structure Type HighRise
Basement Other
Block/Lot 01408/0001

Listing History

Event Date Price Change
Listed Jun 15, 2026 $8,950,000 -
Currently Jun 15, 2026 $8,950,000 -

Description

A minimalist masterpiece by Michael Gabellini, this exceptional Park Avenue residence is a study in serenity, scale, and refined craftsmanship. Bathed in natural light from four exposures, the home unfolds as a calm, beautifully proportioned living space where clean lines and a curated palette create an atmosphere that is both modern and timeless. Spanning approximately 3,500 square feet across six well-balanced rooms, the layout flows seamlessly, with open living and dining spaces designed for both relaxed daily living and elegant entertaining. Subtle custom finishes and thoughtfully integrated details enhance the sense of quiet luxury throughout. French plaster walls and ceilings, paired with continuous honed limestone flooring, establish a quiet, luminous backdrop. Designed with an art collector in mind, the residence incorporates floating walls, gallery lighting, and carefully considered sightlines for both intimate living and curated display. What truly sets this home apart is its extraordinary connection to the outdoors. Nearly 1,700 square feet of private terraces wrap the residence, creating a seamless extension of the interior living space. These expansive terraces-framed by open exposures to the south, west, and east-offer breathtaking views over Park Avenue, glimpses of Central Park, and the iconic Rosario Candela. Whether for morning coffee, quiet afternoons, or evening entertaining, they transform the home into a rare and elevated retreat in the sky. The dramatic living room, grand in scale and facing west over Park Avenue, opens onto two beautifully matched terraces. Adjacent, an open library-defined by bespoke glass and steel rolling doors-connects to a serene guest suite with a luminous ensuite bath featuring translucent glass walls. The library flows into a well-proportioned dining room designed for elegant entertaining, and a sleek stainless-steel kitchen. Beyond, a private office with a Murphy bed and full bath offers flexibility for guests or additional workspace. The primary suite with two custom dressing closets and a serene, spa-like bath with hand-carved marble sinks and softly glowing translucent glass walls. Minimalist in design yet warm in feeling, this residence is a true retreat-an elevated, light-filled oasis in one of Park Avenue's most coveted address. Triple-paned windows ensure exceptional quiet throughout, enhancing the residence's sense of calm. Every detail-material, proportion, and light-has been thoughtfully considered, resulting in a home that is as sophisticated as it is livable. Located at 785 Park Avenue, a distinguished prewar cooperative on the Upper East Side, residents enjoy impeccable service, a private fitness center, individual storage, a beautifully landscaped roof garden and a newly renovated Art Deco-inspired lobby. Offered in impeccable condition, this architecturally significant residence is a rare opportunity to own a true Park Avenue sanctuary-where design, materials, and expansive terraces come together in perfect harmony. 50% Financing Permitted; 2% Flip Tax paid by buyer; Pets are welcome. Co-exclusive.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Bike Storage Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 85
Stories 20
Structure HighRise

Financial Details

Maintenance $13,484/mo

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

627

Median Asking Price

$1.32M

Median $/Sqft

$1,383

Avg Days on Market

N/A

New This Week

24

Price Reduced

38%

Sold (30 Days)

68

Median Sale Price

$1.22M

Live data from RLS at REBNY • Updated 6/15/26, 3:59 PM EST

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Location

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785 PARK Avenue #17BC, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
20
Floors
80
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $24,596,550
Land Value: $3,726,000
Exemptions: $33,050

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

Lot Area: 9,840 SF
Building Area: 143,244 SF
Built FAR: 14.56
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 $13,484 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1940, making it approximately 86 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 the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS20097832
First Listed: 6/15/2026
On Market: 6/15/2026
Price Changed: 6/15/2026
Contract Date: 6/15/2026

Listing Courtesy of Douglas Elliman Real Estate - Michael S Lorber

Listing Contact: (212) 891-7000

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 6/15/2026 at 7:59 PM UTC

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