Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,700,000

· Closed October 10, 2023

983 PARK Avenue #7B
Closed For Sale Co-op

$6,700,000

$1,914 per sq ft

983 PARK Avenue #7B

Upper East Side, Manhattan

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MLS® #RLS10898404

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

4

Baths

3,500

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 3,500 sq ft
Year Built 1927
Ownership Co-op
Maintenance $8,806/mo
Neighborhood Upper East Side
Floor 7 of 16

Property Highlights

  • Exposure: North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 9
Baths 4 Full
Floor 7 of 16
Exposure North,South
Pets Yes
Cross Street EAST 83 STREET and EAST 84 STREET
Year Built 1927
Living Area 3,500 sq ft
Architectural Style Prewar
Parcel # 1512-0001-00983-000-000007B

Listing History

Event Date Price Change
Listed Apr 26, 2023 $7,495,000 -
Price Reduced Oct 11, 2023 $6,995,000 -6.7%
Currently Apr 30, 2026 $6,700,000 -4.2%

Description

Welcome home to this elegant 4 bedroom, 4 bathroom residence at 983 Park Avenue. Having undergone a near complete renovation in 2019, this home exudes a classic pre-war charm that has been met with the finest of modern design.

As you enter the apartment through a semi-private landing, you are greeted by a gracious gallery boasting 10-foot ceilings and beautiful architectural crown moldings that carry throughout the entire home. Off the gallery is a generous living room featuring a stunning wood burning fireplace, a secondary bedroom with an ensuite bathroom, which may double as a library, and a formal dining room.

The palatial kitchen, outfitted with custom cabinetry and limestone countertops, is fit for the most discerning chef with its top-of-the-line appliances including a Wolf vented gas range, two ovens, a Subzero refrigerator with freezer drawer, and separate wet bar featuring a wine fridge. Off the kitchen lies a dining alcove perfect for enjoying your morning coffee or hosting an intimate dinner.

The bedroom wing of the home features 3 bedrooms, all with ensuite baths and ample closet space. The grand primary suite offers 2 walk-in closets and features custom cabinetry with a built in desk, while the primary bath is outfitted in dazzling white marble and has radiant heated floors.

The recent restoration of the apartment included all new appliances, upgraded plumbing fixtures and electric, built-in Nest system, Lutron lighting, new PTAC heating and AC units, new custom cabinetry in the kitchen and bathrooms, and a new full size fully vented washer dryer.

Built in 1927, 983 Park Avenue was designed by Schwartz & Gross. This full-service, white-glove building boasts a live-in resident manager and a large staff to cater to residents' needs. Residents can enjoy an array of amenities, including a state-of-the-art fitness center, a basketball court, a bicycle room, a common laundry room, and private storage. Located on Park Avenue and 83rd street, the building offers easy access to Central Park, top-rated schools, renowned museums and art galleries, fine dining, shopping, and public transportation.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Building null
Building Data View Compliance & Permits
Total Units 55
Stories 16
Style Prewar

Financial Details

Maintenance $8,806/mo
Original Price $7,495,000
Sale Price $6,700,000
Previous Price $6,995,000

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

352

Median Asking Price

$1.63M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

24

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 8:56 AM EST

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Location

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983 PARK Avenue #7B, Upper East Side, New York County • Near EAST 83 STREET and EAST 84 STREET

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 $8,806 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 3,500 square feet. Verify dimensions independently during due diligence.

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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $6,700,000 for 3,500 sq ft, the asking price per square foot is approximately $1,914. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10898404
First Listed: 4/26/2023
Price Changed: 10/11/2023
Closed: 10/10/2023
Contract Date: 4/26/2023

Listing Courtesy of Douglas Elliman Real Estate - HOLLY PARKER

Listing Contact: (917) 587-7288

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 4/30/2026 at 12:56 PM UTC

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