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785 Park Avenue, #17BC

$11,500,000 ($3,286 per ft2) -14.8% | 2 beds, 3 baths | Approx. 3,500 ft2
View Full Building Profile  | 
141 days on Market

Key Details

  • Listed: Feb 5, 2024
    Last Price Change: -14.8% ($2M) on May 29
    Days on Market: 141
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $12,961 ($3.70/ft2)
Est. Monthly Mortgage: $38,409
Total Est. Monthly Carrying Cost: $51,370 ($14.68/ft2)
Note: the above is based on a down payment of 50% ($5,750,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Tuesday, Jun 25
By appointment only.

Insider Highlights

  • Prime Location: This property is located in a prime Upper East Side location, in close proximity to the subway for easy commuting. It offers stunning views of Park Avenue, Central Park, and iconic buildings, all from expansive terraces.
  • Architectural Excellence: Designed by renowned architect Michael Gabellini, FAIA, this home features a minimalist, sophisticated design with extraordinary attention to detail and high-quality materials. It offers four exposures, providing ample natural light.
  • Luxurious Living Spaces: The property includes a spacious living room, open library, guest bedroom suite, dining room, and a sleek stainless steel chef's kitchen. The primary bedroom features two spacious dressing closets and a tranquil ensuite bathroom with hand-selected and carved marble sinks.
  • Art Collector's Dream: The home is designed with an art collector in mind, featuring floating walls, gallery lighting and hanging systems, and triple-paned windows for silence.
  • Building Amenities: The building is a prewar cooperative with impeccable service, a full-time doorman for added security and convenience, and individual storage bins. Amenities include a state-of-the-art private fitness center and a beautifully landscaped roof garden.
  • Pet-Friendly: Pets are welcome in this property, making it a perfect choice for pet owners.

Description

A minimalist masterpiece by Michael Gabellini, FAIA, this very sophisticated and sun-flooded residence is surrounded by gorgeous, expansive terraces. Conceptually unified and with extraordinary attention to detail, fabrication, and materials, the apartment is sublime. With four exposures, the glamorous, sun-flooded rooms of this apartment are presented as a serene horizontal spatial field defined by French plaster walls and ceilings, and a continuous, honed limestone floor.

The living spaces are treated as connecting, open courtyards articulated by striking volumes of ribbon mahogany. The dramatic Living Room is immense. Facing west over Park Avenue, it opens to two bookmatched terraces with southern views down Park Avenue and extraordinary western views of Central Park and the iconic Rosario Candela buildings that flank East 73rd Street across the Avenue. Nearby, an open Library accesses a gorgeous Guest Bedroom Suite by way of extraordinary bespoke glass and steel rolling doors.

Within the Bedroom Suite, an ensuite bath glows with translucent glass walls. The open Library also adjoins the well-proportioned Dining Room. Perfect for entertaining, it opens to a large east-facing Terrace and to the sleekly-designed stainless steel chef’s Kitchen.

The Kitchen is supremely functional as well as stylish. Beyond, there is an Office with a convenient murphy bed and a full Bath. Gloriously sunny and serene, the expansive Primary Bedroom benefits from southern and western exposures and incorporates two spacious dressing closets. Its very tranquil ensuite Bathroom features hand-selected and carved marble sinks and translucent glass walls.

Conceived with an art collector in mind, Michael Gabellini’s design incorporates floating walls and thoughtful sightlines and focal points. Further, the apartment benefits from gallery lighting and hanging systems, as well as triple-paned windows: throughout the residence, light is well placed, and the apartment is extraordinarily silent. With an ideal and highly desirable Upper East Side location, 785 Park Avenue is a prewar cooperative with impeccable service.

Amenities include a state-of-the-art private fitness center, individual storage bins, and a beautifully landscaped roof garden. Offered in impeccable condition, this gorgeous and architecturally significant apartment is an exceptionally stylish oasis. 50% Financing Permitted; 2% Flip Tax paid by buyer; Pets are welcome.

Co-exclusive.

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Apartment Amenities

  • Terrace
Listing courtesy of Sothebys International Realty

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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