875 Park Avenue - Upper East Side
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Erected in 1912 at the southeast corner of Park Avenue and 78th Street, 875 Park Avenue stands as one of the avenue's most architecturally distinguished addresses. Designed by George and Edward Blum, the 12 story building features a remarkably decorative façade with beige brick, a two story limestone base, and what architectural historian Christopher Gray described as "haunting hieroglyph-like medallions." The building's original developer, William Korn, was so esteemed by the design that he chose it as his personal residence. Converted to a co-op in 1948, the building contains 50 apartments and has housed notable residents including Fred Astaire.
The building offers white glove service with a 24 hour doorman, live-in superintendent, and a state-of-the-art fitness center. Additional amenities include private storage, a bike room, cold storage, and central laundry facilities. The co-op is pet friendly, permits pied-à-terre ownership, allows 50% financing, and charges a 2% flip tax paid by the seller. While there is no garage or roof deck, the building's prime location provides easy access to Central Park, Museum Mile, Madison Avenue shopping, and top restaurants.
Apartments at 875 Park Avenue are characterized by generous prewar proportions with 9.5 to 10 foot ceilings, oversized windows providing exceptional natural light, and rich architectural details including decorative moldings, hardwood floors with border inlays, and wood burning or gas fireplaces. Classic seven layouts are common throughout the building, typically featuring grand entrance galleries, expansive living and dining rooms overlooking Park Avenue or 78th Street, windowed eat in kitchens, pantries, and staff rooms with ensuite bathrooms. Many units include libraries or dens, and the building permits central air conditioning and washer dryer installation within apartments.
The building's most exceptional residences include sprawling duplexes and a penthouse with four exposures, unobstructed skyline views, and a wraparound planted terrace with an irrigation system. Larger apartments range from 2,400 to 4,000 square feet, with some combining multiple units to create five and six bedroom homes. Several apartments feature corner exposures with views toward Central Park, while others include unique amenities such as private laundry rooms with windows in the cellar level. The flexible layouts and the board's willingness to approve renovations have allowed residents to customize their homes while preserving the building's distinguished prewar character.
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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.
Notable past and present residents at 875 Park Avenue
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