Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed December 3, 2024

891 Park Avenue #5
Closed For Sale Co-op

$1,550,000

891 Park Avenue #5

Upper East Side, Manhattan

MLS® #RLS10970148

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1931
Ownership Co-op
Maintenance $4,652/mo
Neighborhood Upper East Side
Floor 5 of 15

Property Highlights

  • Exposure: East,West facing
  • Fireplace: 1 fireplace
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 5 of 15
Exposure East,West
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1931
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 1413-0004-00891-000-005THFL
Block/Lot 01413/0000

Listing History

Event Date Price Change
Listed Feb 25, 2024 $1,995,000 -
Price Reduced Dec 3, 2024 $1,695,000 -15.0%
Currently Apr 27, 2026 $1,550,000 -8.6%

Description

Experience the unparalleled luxury of the 5th Floor at 891 Park Avenue, a rare gem now available to be your new residence. From your private landing, entering your home, you are captivated by the large 23-foot living room with a wood-burning fireplace and Park Avenue views. The dining area, bathed in Western light, seamlessly connects to the windowed kitchen with ample storage. With 9”3 FT high ceilings and French windows, the home exudes warmth. Both bedrooms offer a peaceful retreat, strategically located opposite the living space. The primary features a sizable walk-in closet and a spacious en-suite bathroom with a soaking tub and separate shower. The second bedroom offers two exposures and a windowed en-suite bathroom. The den/library provides an elegant entry to the bedroom quarter. Additional highlights include a washer and dryer, magnificent oak floors, and generous closets throughout. Elevate your living experience at this unparalleled address on Park Avenue. Discover the charm of 891 Park Avenue, an intimate Art-Deco cooperative built in 1931 by Paul Hess. This full-service building offers 15 floors of residences, each featuring private storage. With a live-in resident manager and a doorman that is 24 Hours Friday to Sunday and 7am to 11pm Monday to Thursday, convenience meets luxury. Enjoy Central Park as your backyard, and explore the vibrant culture of Madison and Fifth Avenue's restaurants, shops, and galleries. Co-purchasing, pied-à-terre, and pets are welcome. Assessment of $10,000 twice a year and a 3% flip tax payable by the buyer. This is Home!

Features & Amenities

Interior Features

Built In Features Crown Molding Entrance Foyer High Ceilings Recessed Lighting Soaking Tub Walk In Closets Common On Floor See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Private Entrance

Building Information

Building Data View Compliance & Permits
Total Units 15
Stories 15
Structure MultiFamily

Financial Details

Maintenance $4,652/mo
Original Price $1,995,000
Sale Price $1,550,000
Previous Price $1,695,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

339

Median Asking Price

$1.57M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 4:07 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

891 Park Avenue #5, Upper East Side, New York County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
15
Floors
15
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $3,612,150
Land Value: $742,500
Exemptions: $110,290

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

Lot Area: 2,575 SF
Building Area: 29,000 SF
Built FAR: 11.26
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 $4,652 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1931, making it approximately 95 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. 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: RLS10970148
First Listed: 2/24/2024
On Market: 2/25/2024
Price Changed: 12/3/2024
Closed: 12/3/2024
Contract Date: 2/16/2024

Listing Courtesy of Compass - Fabienne Lecole

Listing Contact: (917) 405-6336

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 4/27/2026 at 8:07 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton