Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1220 Park Avenue #12B

For Sale · Listing by Compass

1220 Park Avenue #12B

Upper East Side, Manhattan

$5,995,000

Interested in this property?
Active For Sale • Co-op

$5,995,000

1220 Park Avenue #12B

Upper East Side, Manhattan

MLS® #RLS20108719

RLS at REBNY

Listing by Compass

5
Bedrooms
4
Baths
N/A
Sq. Ft.
1930
Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Lot Size 17,617.25 sq ft
Year Built 1930
Ownership Co-op
Maintenance $12,197/mo
Neighborhood Upper East Side
Floor 12 of 17

Property Highlights

  • Views: Skyline
  • Exposure: East,North,South,West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 12
Baths 4 Full
Floor 12 of 17
View Skyline
Exposure East,North,South,West
Pets Yes, CatsOk, DogsOk
Year Built 1930
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 17,617.25 sq ft
Block/Lot 01507/0033

Listing History

Event Date Price Change
Listed Oct 5, 2026 $5,995,000 -
Currently Oct 5, 2026 $5,995,000 -

Description

Stunning 12-Room Sun-Flooded with open City Views, this Candela Classic is... Poised on a high-floor and distinguished by sweeping views south of Park Avenue. A private elevator vestibule opens onto a grand entrance gallery with high ceilings, beautiful herringbone hardwood floors, and intact original architectural details. Off this center hall, Candela’s signature (sun-flooded) corner living room with five modern oversized windows, a wood-burning fireplace, enjoys unobstructed city views south. Adjacent to the living room is an inviting library (with full bathroom) graciously lined with custom built-ins, and a (second) wood-burning fireplace. A grand formal dining room overlooks Park Avenue, ideal for refined entertaining and formal gatherings. A restored (original) butler’s pantry, complete with custom cabinetry seamlessly connects the dining room to the windowed eat-in kitchen appointed with high-end appliances, including a Viking range, Sub-Zero refrigerator, and dishwasher. The ever important full-sized laundry room is nestled off the kitchen. The private bedroom wing, accessed via a wide hallway, outfitted with a cedar and linen closets, features a gracious primary bedroom adorned with sun-kissed open city views, copious storage and en-suite bath. Four additional spacious bedrooms plus a separate staff’s bedroom (with its own full bath) complete the home. Near a wide range of the best schools, iconic cultural institutions, and not to forget Central Park, this rare and distinguished 12-room residence offers the singular elegance of a Rosario Candela design and will make your heart sing! Additional highlights: 10' Ceilings Beautifully preserved hardwood floors Bathrooms well preserved original condition Fully renovated kitchen that retains prewar distinction Two wood-burning fireplaces Through wall conditioning in living room, library and primary bedroom Building Features: Built in 1928 and designed by Rosario Candela, 1220 Park Avenue is one of Carnegie Hill’s most coveted full-service cooperatives, offering: Offering distinguished white glove full-time doorman service Live-in Resident Manager State-of-the-art fitness center Bicycle room, laundry facilities, and private storage included Pet-friendly policy 50% financing permitted 3% flip tax payable by the seller

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Building Amenities

Bike Storage Elevators Fitness Center

Building Information

Building Data View Compliance & Permits
Total Units 56
Stories 17
Structure MultiFamily

Financial Details

Maintenance $12,197/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

319

Median Asking Price

$1.72M

Median $/Sqft

$1,538

Avg Days on Market

N/A

New This Week

15

Price Reduced

27%

Sold (30 Days)

48

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 10/5/26, 7:39 PM EST

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Location

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1220 Park Avenue #12B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
17
Floors
56
Residential Units
R10
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $27,636,300
Land Value: $3,397,500
Exemptions: $95,830

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

Lot Area: 17,624 SF
Building Area: 231,050 SF
Built FAR: 13.11
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 $12,197 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 5 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1930, making it approximately 96 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: 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: RLS20108719
First Listed: 8/11/2026
On Market: 10/5/2026
Contract Date: 3/12/2025

Listing Courtesy of Compass - Maria M Manuche

Listing Contact: (917) 328-2338

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 10/5/2026 at 11:39 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Upper East Side Market Update

48 sales last 30 days · $1.72M median · 6.6 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 12 of 17
Year Built 1930
First Listed 8/11/2026
Maintenance $12,197/mo

Monthly Costs Estimate

Down Payment 20%

$1,199,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $12,197
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

$134,888

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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