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885 Park Avenue, #PH

$29,995,000 ($4,999 per ft2) -6.3% | 6+ beds, 6+ baths | Approx. 6,000 ft2
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54 days on Market

Key Details

  • Listed: Mar 5, 2024
    Last Price Change: -6.3% ($2.005M) on Mar 25
    Days on Market: 54
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 931 times
Monthly Maintenance: $22,948 ($3.82/ft2)
Est. Monthly Mortgage: $103,533
Total Est. Monthly Carrying Cost: $126,481 ($21.08/ft2)
Note: the above is based on a down payment of 50% ($14,997,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full-floor penthouse is located on Park Avenue, just two blocks from Central Park and in close proximity to Upper East Side's best museums, cultural institutions, restaurants, boutiques, and transportation.
  • Spacious and Luxurious Interior: The penthouse boasts 6,000 SF of interior living space with a versatile layout of 6 bedrooms, 7 full and 1 half bathrooms, a dedicated media room with a gas fireplace, and high-quality finishes including 6” rift cut herringbone with brass inlay flooring, high-gloss lacquered trim and doors, and imported Marmara polished stone.
  • Stunning Views and Outdoor Space: The property features stunning views of Midtown, the Carlyle Hotel, East River, and Central Park from its 3,200 SF wraparound landscaped terrace.
  • Modern Amenities: The penthouse is equipped with smart home technology, Lutron lighting, remote-controlled blinds, and a custom chef’s kitchen with luxury appliances by Miele & Le Cornue. It also includes a washer/dryer and pets are welcome.
  • Private and Exclusive Features: The property offers three private elevators, floor-to-ceiling windows, and a primary bedroom suite with a sitting area, a breakfast bar, and dual French doors that open to the terraces.
  • 24/7 Services and Facilities: Residents can enjoy 24/7 white glove service, including a doorman, concierge, and elevator attendants, as well as access to a fitness center.

Description

NEWLY FINISHED FULL-FLOOR PARK AVENUE PENTHOUSE

885 Park Avenue, #PH is newly finished full-floor penthouse spanning 9,200 SF+/- in total, including 6,000 SF+/- of interior living space and an impressive 3,200 SF+/- wraparound landscaped terrace accessible from every room. With 6 bedrooms, 7 full and 1 half bathrooms, this residence boasts breathtaking light-filled spaces. Enjoy the convenience of three private elevators, floor-to-ceiling windows and doors that frame stunning views of Midtown, the Carlyle Hotel, East River, and Central Park, and a versatile layout to configure as many as 7 bedrooms to suit your lifestyle.

Situated on Park Avenue, this exceptional residence is just two blocks from Central Park, providing easy access to the lush greenery of the city’s crown jewel.

Additionally, you’re moments away from Upper East Side museums, cultural institutions, and a plethora of renowned restaurants.

Every aspect of this home has been thoughtfully designed and executed with the utmost attention to detail. Features include 6” rift cut herringbone with brass inlay flooring throughout, high-gloss lacquered trim and doors, imported Marmara polished stone in the entry gallery and kitchen, custom Nanz hardware, Crestron smart home technology, Lutron lighting, and remote-controlled blinds.

The living, dining, and sitting rooms offer an open and spacious feel, with 10’ coved hand-glazed ceilings and a linear gas fireplace with a book-matched Anigre mantle. Multiple sets of French doors open to the terrace space, seamlessly connecting indoor and outdoor living.

The custom chef’s kitchen, designed by Siematic Kitchens, features a marble center island with a waterfall edge, a breakfast nook with access to the north terrace, a custom oval skylight, and ample storage.

Luxury appliances by Miele & Le Cornue, including a built-in espresso machine and ice maker, make this kitchen a culinary haven.

The light-filled junior primary bedroom boasts a walk-in closet and a raised office area, while the accompanying bathroom features double windows, dual vanities, a walk-in shower, water closet, and mosaic tiling.

The residence offers a dedicated media room with a gas fireplace and access to the south terrace.

The primary bedroom suite includes a sitting area, a breakfast bar, and dual French doors that open to the north and east terraces. A dressing room with custom built-ins leads to the primary bathroom, which features dual vanities, a walk-in shower, soaking tub, and water closet. Three additional en-suite guest bedrooms and a laundry room complete the space.

Initially constructed in 1927, this pre-war marvel stands 15 stories and houses 36 Units.

Residents enjoy 24/7 white glove service, including a doorman, concierge, and elevator attendants, along with access to a fitness center.

Designed by Tersigni Palachek and constructed by De Bono Construction, the penthouse is truly an opportunity to reside in one of New York City’s most coveted and iconic addresses.

Embrace the essence of lavish living right on Park Avenue, where luxury is redefined. Boasting generous living spaces, awe-inspiring views, and meticulous attention to detail, this exceptional residence presents an unmatched opportunity.

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Apartment Amenities

  • Terrace
  • River View
  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Listing courtesy of Bespoke Real Estate LLC

Pricing History

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About 885 Park Avenue

74

885 Park Avenue has received a CityRealty Rating of 74, 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

22
Out of 44
+
28
Out of 36
+
15
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 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:
Yes and Good 2 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:
Allowed and Present 0 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:
Very Attractive with Trees 4 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:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 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:
Some 1 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:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Laundry Room

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Pros
  • Central Upper East Side location
  • One block north of Lenox Hill Hospital
  • One block south of cross-town bus service
  • Doorman
  • Pre-war construction
  • Few apartments
  • Attractive side street
  • Close to subway
  • Convenient to many restaurants and boutiques
Cons
  • No garage
  • Protruding air-conditioners
  • One block north of Lenox Hill Hospital
  • No sidewalk landscaping
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Subways

  1. 6
at Lexington Ave 0.10 miles
  1. 4
  2. 5
at Lexington Ave 0.41 miles

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