983 Park Avenue is a distinguished 14 story, 57 unit prewar co-op designed by the prolific architectural firm Schwartz & Gross in 1927 and converted to cooperative ownership in 1981. The red brick building occupies a prime location on the northwest corner of Park Avenue and 83rd Street, directly across from the Roman Catholic Church of St. Ignatius of Loyola, which provides exceptional light and air. Schwartz & Gross left an indelible mark on Park Avenue, having designed more than a dozen buildings along the prestigious corridor, making 983 Park Avenue part of a significant architectural legacy.
The building offers white glove service with a 24 hour doorman, live-in superintendent, attended elevators, and a resident manager. Amenities include a fitness center with basketball court, private storage, bicycle storage, and laundry facilities. The building features an impressive deep lobby with a two story limestone base, arched windows, and distinctive architectural details including masonry quoins and white window surrounds. Residents enjoy a pet friendly environment with 50% financing permitted, though there is a 2% flip tax paid by the purchaser.
Apartments at 983 Park Avenue are renowned for their classical layouts and grand proportions, typically featuring entrance galleries stretching 30 feet or more that provide elegant separation between public and private spaces. Many units boast wood burning fireplaces, 10 foot beamed ceilings, herringbone floors, and beautifully proportioned rooms with high ceilings.
Apartment configurations range from classic six room homes to expansive 11 room residences, with many featuring multiple ensuite bedrooms, extensive custom millwork, and abundant storage including walk in closets and built in cabinetry. Several apartments have been thoughtfully renovated or combined to create even more spacious layouts, while maintaining the prewar character that defines this prestigious Park Avenue address. The location provides convenient access to Central Park, the Metropolitan Museum of Art, fine dining, shopping, and public transportation.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.