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785 Park Avenue, #12DE

$2,700,000 -9.8% | 3 beds, 4.5 baths
View Full Building Profile  | 
160 days on Market

Key Details

  • Listed: Jan 17, 2024
    Last Price Change: -9.8% ($295,000) on Jan 17
    Days on Market: 160
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 273 times
Monthly Maintenance: $9,520
Est. Monthly Mortgage: $9,018
Total Est. Monthly Carrying Cost: $18,538
Note: the above is based on a down payment of 50% ($1,350,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Services: The full-service building provides a landscaped roof deck, state-of-the-art gym, and private storage for residents.
  • Location and Price: This spacious corner residence is located at 785 Park Avenue, #12DE in the prestigious Park/Fifth Ave. to 79th St. neighborhood, listed at a price of $2,700,000.
  • Property Details: The property is a combination of two apartments, featuring 3 bedrooms with en-suite baths, 4.5 bathrooms in total, two original kitchens, and an oversized living/dining room with over 36’ feet of windows offering southwestern views.
  • Building and Amenities: Built in 1940, the cooperative building houses 85 apartments across 20 floors, offering amenities such as a full-time doorman, resident storage, rooftop terrace, elevator, fitness center, and bike room.
  • Additional Features: The apartment boasts hardwood floors, high beamed ceilings, generous closets, and a city view. The building does not have a garage, sundeck, or health club, but it is conveniently located close to the subway.
  • Financials and Policies: The monthly maintenance fee is $9,520, which also covers total taxes & fees. The building allows 50% financing, with a 2% Flip Tax paid by the purchaser. Pets and pied-a-terres are permitted, and trusts are considered on a case-by-case basis.

Description

Sunny, gracious, corner pre-war co-op on a high floor in a premier Park Avenue location. Two apartments have already been combined to create a large 3 bedroom/4.5 bath corner residence with open, sunny, Southwestern views and 2 original kitchens. A gracious entry foyer with powder room opens into the over-sized living/dining room with over 36’ feet of windows facing onto Park Avenue and East 73rd Street.

A hallway with a substantial walk-in-closet leads to the private quarters - a spacious primary bedroom and 2 additional bedrooms with en-suite baths. Hardwood floors, high beamed ceilings, and generous closets abound throughout this 2500+ SF home.

785 Park is a full-service building with a picturesque, landscaped roof deck, state-of-the art gym and private storage. Pets and pied-a-terres are permitted. 50% financing is allowed.

2% Flip Tax paid by Purchaser.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 785 Park Avenue

69

785 Park Avenue has received a CityRealty Rating of 69, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

21
Out of 44
+
27
Out of 36
+
13
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Elevator
  • Fitness Center
  • Bike Room

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Pros
  • Superb location
  • Roof deck
  • Attractive lobby
  • Doorman
  • Close to Subway
Cons
  • No garage
  • No sundeck
  • No health club
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Subways

  1. 6
at Lexington Ave 0.20 miles

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