Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
983 Park Avenue #3B

For Sale · Listing by Compass

983 Park Avenue #3B

Upper East Side, Manhattan

$6,000,000

Interested in this property?
Active For Sale Co-op

$6,000,000

983 Park Avenue #3B

Upper East Side, Manhattan

MLS® #RLS20105777

RLS at REBNY

Listing by Compass

4
Bedrooms
4
Baths
N/A
Sq. Ft.
1927
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Lot Size 14,268.66 sq ft
Year Built 1927
Ownership Co-op
Maintenance $9,176.38/mo
Neighborhood Upper East Side
Floor 3 of 15

Property Highlights

  • Exposure: North facing
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 9
Baths 4 Full
Floor 3 of 15
Exposure North
Pets Yes, CatsOk, DogsOk
Year Built 1927
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 14,268.66 sq ft
Block/Lot 01512/0001

Listing History

Event Date Price Change
Listed Sep 8, 2026 $6,000,000 -
Currently Sep 8, 2026 $6,000,000 -

Description

Introducing a rare opportunity to create an extraordinary residence in one of Park Avenue’s most prestigious prewar cooperatives. Defined by magnificent proportions, original architectural details, and exceptional scale, this Classic 9 offers the perfect canvas to craft a timeless Park Avenue home. A semi-private landing opens to a dramatic 30 foot gallery that introduces the home’s impressive layout. Nearly 10 foot ceilings, original hardwood floors, abundant storage, and beautifully preserved prewar details provide the foundation for a truly exceptional residence. The grand south facing living room features imported European oak paneling, a wood burning fireplace, and exceptional proportions that comfortably accommodate multiple seating areas. A decorative stained glass window, installed by a previous owner and not original to the building, can be removed to reveal two oversized south facing windows that flood the room with natural light. Pocket doors connect the adjacent library, offering flexibility as a sophisticated den, home office, or fourth bedroom. The expansive primary suite features two walk-in closets and a windowed en-suite bathroom with an additional storage closet. Two additional oversized bedrooms offer generous closet space and custom millwork, one with an en-suite bathroom and the other adjoining the library. Designed for elegant entertaining, the formal dining room easily accommodates large gatherings, while the spacious eat-in kitchen is complemented by two staff rooms, currently configured with a home office, an additional full bathroom, and a full size vented washer and dryer. Central air conditioning can be installed. 983 Park Avenue, designed by the renowned architectural firm Schwartz & Gross in 1927, is one of Park Avenue’s most prestigious prewar cooperatives. Residents enjoy a 24 hour doorman, live-in resident manager, fitness center, basketball court, bike room, central laundry room and private storage. Located on Park Avenue and 83rd Street, the building offers easy access to Central Park, Museum Mile, world-class dining, Madison Avenue shopping, top rated schools and public transportation. The building is pet friendly, permits up to 50% financing and has a 2% flip tax paid by the buyer. A private storage cage transfers with the apartment. Bring your architect and make this wonderful space your own.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen High Ceilings Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Building Basketball Court

Building Amenities

Basketball Court Bike Storage Elevators Fitness Center

Appliances

Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 59
Stories 15
Structure HighRise

Financial Details

Maintenance $9,176.38/mo

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

207

Median Asking Price

$2.00M

Median $/Sqft

$1,682

Avg Days on Market

N/A

New This Week

21

Price Reduced

36%

Sold (30 Days)

59

Median Sale Price

$1.08M

Live data from RLS at REBNY • Updated 9/8/26, 4:48 PM EST

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Location

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983 Park Avenue #3B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
15
Floors
59
Residential Units
R8B
Zoning District
Elevator Apartments Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $26,370,450
Land Value: $3,208,500
Exemptions: $0

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

Lot Area: 16,746 SF
Building Area: 203,706 SF
Built FAR: 12.16
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 $9,176.38 per month. Confirm the exact amount with Milton Coste 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 4 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1927, making it approximately 99 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. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20105777
First Listed: 7/27/2026
On Market: 9/8/2026
Contract Date: 7/1/2026

Listing Courtesy of Compass - Marcy Grau

Listing Contact: (917) 699-7910

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 9/8/2026 at 8:48 PM UTC

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Upper East Side Market Update

59 sales last 30 days · $2.00M median · 3.5 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 3 of 15
Year Built 1927
First Listed 7/27/2026
Maintenance $9,176.38/mo

Monthly Costs Estimate

Down Payment 20%

$1,200,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $9,176.38
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$135,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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