Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,400,000

· Closed July 11, 2023

1185 PARK Avenue #5F
Closed For Sale Co-op

$4,400,000

1185 PARK Avenue #5F

Upper East Side, Manhattan

null

MLS® #RLS10867008

RLS at REBNY

Listing by Corcoran Group

3

Bedrooms

3.5

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Year Built 1929
Ownership Co-op
Maintenance $6,077/mo
Neighborhood Upper East Side
Floor 16 of 15

Property Highlights

  • Exposure: North,South facing
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full, 1 Half
Floor 16 of 15
Exposure North,South
Pets Yes
Year Built 1929
Parcel # 1522-0001-01185-000-000005F

Listing History

Event Date Price Change
Listed Feb 15, 2023 $4,750,000 -
Currently May 1, 2026 $4,400,000 -7.4%

Description

Presenting this sophisticated and comfortable 3 bedroom/3.5 bath home in one of Park Avenue's most desirable co-op buildings.
Enter from a semi-private landing that opens to the welcoming, generously sized central gallery. The grand-scale south facing Living Room is over 27 feet long with a wood-burning fireplace and custom built bookcases with storage. The Dining Room has been wisely configured as a Den/Dining Room open to an expertly designed chef's Kitchen. This well-equipped windowed Kitchen offers everything one would need for easy daily living or grand scale entertaining, including a dining island, separate custom-built pantry, two individual sinks, a Sub-Zero refrigerator AND a Sub-Zero freezer, Wolf gas range, two ovens, microwave, an integrated Miele dishwasher, marble countertops and plentiful storage space. A designated laundry closet houses the Washer/Dryer as well as storage shelves for linens and supplies.

There's suite style living in the king-sized Primary Bedroom with two large closets plus a wall of custom built closets leading into the windowed bathroom outfitted in neutral marble with double sinks and glass enclosed tub/shower. The expansive second and third bedrooms each have en-suite bathrooms and custom outfitted closets. All bedrooms have southern exposure, too.

Topping it all off, there's multi-zone central air conditioning, a windowed home office, which can be converted back to a staff room or 4th bedroom, and a newly refinished powder room. Pre-war details include high 9'5" beamed ceilings, gorgeous wood herringbone floors, generously proportioned rooms, oversized windows, stunning millwork including custom storage, and closets galore. A private Storage Unit transfers with sale.

1185 Park Avenue is one of Carnegie Hill's most prestigious full service cooperative buildings. Designed by Schwartz & Gross and built in 1928, it's one of the few buildings in New York built in the shape of a hollow square with an interior drive-in garden court. Amenities include 24-hour security guards and doormen, concierge, resident manager, state of the art fitness center, playroom, roof garden, private storage, bike room, and a spectacular European style courtyard garden. Pets are welcome. Financing permitted up to 50% and there is a 2% flip tax paid by the buyer.

Features & Amenities

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Financial Details

Maintenance $6,077/mo
Original Price $4,750,000
Sale Price $4,400,000
Previous Price $4,750,000

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

335

Median Asking Price

$1.70M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

21

Price Reduced

30%

Sold (30 Days)

34

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 5/1/26, 8:34 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

1185 PARK Avenue #5F, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1929
Year Built
97 years old
15
Floors
172
Residential Units
R8B
Zoning District
Elevator Apartments Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $61,421,400
Land Value: $6,570,000
Exemptions: $202,900

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

Lot Area: 50,857 SF
Building Area: 550,905 SF
Built FAR: 10.83
Allowed FAR: 4

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 $6,077 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1929, making it approximately 97 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: RLS10867008
First Listed: 2/15/2023
Price Changed: 7/11/2023
Closed: 7/11/2023
Contract Date: 2/15/2023

Listing Courtesy of Corcoran Group - Diane Silberstein

Listing Contact: (917) 825-5014

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 5/1/2026 at 12:34 PM 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?

Your info is secure and never shared.

View Active Listings Call Milton