815 Park Ave #5A
About This Property
With just two apartments per floor at this venerable 1917 address, a private elevator landing leads into the gracious entry foyer fronting your grand living room, where a wood-burning fireplace adds a touch of warmth on one end, and a long row of windows provides sweeping views out towards Park Avenue. The adjoining dining room, separated by soundproof French glass pocket doors, also features copious sunlight streaming in via large windows. The eat-in kitchen is a bright and beautiful space equipped with marble counters, floor-to-ceiling cabinets, and top-of-the-line appliances from Sub-Zero, Wolf and Bosch. An adjacent maids room with a full bath can be converted into a home office or third bedroom, while this wing of the apartment, which includes a washer/dryer, can be accessed via a mud room with a separate entrance.
The corner master bedroom suite includes a large walk-in closet and a windowed marble bathroom with a double vanity and glass-enclosed shower, while the second spacious bedroom boasts oversized closets and a luxurious full bathroom with a Whirlpool tub. The apartment also includes a surround sound system, while a large private storage bin supplements the customized closet space found throughout.
This exclusive building provides doorman and concierge services, a state-of-the-art fitness room, bike storage, and a recreation room with billiards, ping pong, air hockey, and a wet bar. The enviable address is set on one of Manhattans most desirable corners, with Central Park just two blocks away, several of the citys best public and private schools in the immediate vicinity, and the 6 train around the corner.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 23, 2018 | No longer available | - | |
No longer available | |||
Aug 9, 2018 | Sold to Andrew Langer, Rachel Langer | ||
Sold to Andrew Langer, Rachel Langer | |||
Apr 26, 2018 | In contract | - | |
In contract | |||
Apr 24, 2018 | Price Decreased |
$3,395,000
↓ $100K
(2.9%) | |
Price Decreased | |||
Apr 19, 2018 | Price Increased |
$3,495,000
↑ $100K
(3%) | |
Price Increased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/23/2023
|
4 Bed
|
4 Bath
|
-
|
$4,000,000
4 Bed
4 Bath
|
$3,600,000
-10.00%
04/16/2024
|
-
|
Brian Meier
Christie's International Real Estate
| |
07/07/2023
|
3 Bed
|
3 Bath
|
2200 ft²
|
$2,500,000
3 Bed
3 Bath
2200 ft²
|
$2,500,000
11/06/2023
|
Reba Miller
Compass
| ||
07/07/2023
|
1 Bed
|
2 Bath
|
2200 ft²
|
$2,595,000
1 Bed
2 Bath
2200 ft²
|
$2,525,000
-2.70%
11/15/2023
|
Reba Miller
Compass
| ||
03/23/2021
|
3 Bed
|
3 Bath
|
-
|
$2,950,000
3 Bed
3 Bath
|
$2,650,000
-10.17%
08/03/2021
|
Christina Warner
Brown Harris Stevens Residential Sales LLC
| ||
01/22/2019
|
3 Bed
|
4 Bath
|
-
|
$5,000,000
3 Bed
4 Bath
|
$4,400,000
-12.00%
08/27/2019
|
Mike Lubin
Brown Harris Stevens Residential Sales LLC
| ||
10/02/2017
|
3 Bed
|
3 Bath
|
-
|
$7,650,000
3 Bed
3 Bath
|
$5,600,000
-26.80%
03/27/2019
|
-
|
Nikki Field
Sothebys International Realty
| |
10/02/2017
|
3 Bed
|
3 Bath
|
-
|
$7,650,000
3 Bed
3 Bath
|
-
-
|
-
|
Nikki Field
Sothebys International Realty
| |
09/25/2017
|
3 Bed
|
3 Bath
|
-
|
$4,995,000
3 Bed
3 Bath
|
$4,700,000
-5.91%
05/07/2018
|
Cathy Taub
Sothebys International Realty
| ||
07/10/2017
|
3 Bed
|
3 Bath
|
-
|
$3,650,000
3 Bed
3 Bath
|
$3,395,000
-6.99%
08/22/2018
|
-
|
Michele Kleier
Kleier Residential Inc
| |
06/16/2017
|
3 Bed
|
3 Bath
|
-
|
$3,150,000
3 Bed
3 Bath
|
$2,400,000
-23.81%
06/16/2017
|
-
|
Cathy Franklin
Corcoran MH, LLC
| |
05/11/2017
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,485,000
2 Bed
2 Bath
1000 ft²
|
-
01/29/2018
|
Frances Langbecker
Elliman
| ||
03/22/2017
|
3 Bed
|
3 Bath
|
1970 ft²
|
$3,395,000
3 Bed
3 Bath
1970 ft²
|
$2,970,000
-12.52%
03/14/2018
|
Linda Hoerrner
Compass
| ||
03/10/2017
|
4 Bed
|
3.5 Bath
|
-
|
$10,525,000
4 Bed
3.5 Bath
|
-
-
|
-
|
Claire Ratusch
Prudential Douglas Elliman Real Estate
| |
02/26/2017
|
3 Bed
|
3 Bath
|
-
|
$9,325,000
3 Bed
3 Bath
|
-
-
|
-
|
Claire Ratusch
Prudential Douglas Elliman Real Estate
| |
01/05/2017
|
3 Bed
|
3.5 Bath
|
-
|
$3,995,000
3 Bed
3.5 Bath
|
-
-
|
-
|
Maureen Mccarron
Compass
| |
11/08/2016
|
3 Bed
|
3 Bath
|
-
|
$2,975,000
3 Bed
3 Bath
|
$2,925,000
-1.68%
08/30/2017
|
Beverley Goodwin
Brown Harris Stevens Residential Sales LLC
| ||
09/08/2016
|
3 Bed
|
3 Bath
|
-
|
$3,299,000
3 Bed
3 Bath
|
$2,750,000
-16.64%
08/01/2017
|
Abby Levine
Corcoran Group
| ||
03/31/2016
|
Studio
|
-
|
-
|
$1,350,000
Studio
-
|
-
-
|
-
|
Caroline Rowley
Brown Harris Stevens
| |
03/28/2016
|
3 Bed
|
3 Bath
|
-
|
$11,500,000
3 Bed
3 Bath
|
-
-
|
-
|
John Burger
Brown Harris Stevens
| |
05/13/2015
|
2 Bed
|
3 Bath
|
-
|
$3,450,000
2 Bed
3 Bath
|
$3,150,000
-8.70%
12/16/2015
|
Daniela Kunen
Douglas Elliman Real Estate
| ||
10/15/2014
|
3 Bed
|
3 Bath
|
2000 ft²
|
$3,600,000
3 Bed
3 Bath
2000 ft²
|
$3,500,000
-2.78%
07/09/2015
|
Leah Ozeri
TOWN Residential, LLC.
| ||
03/20/2014
|
3 Bed
|
3 Bath
|
2200 ft²
|
$3,995,000
3 Bed
3 Bath
2200 ft²
|
$3,325,000
-16.77%
12/22/2014
|
-
|
TERRI STONE
Prudential Douglas Elliman Real Estate
| |
11/19/2013
|
3 Bed
|
5 Bath
|
-
|
$7,600,000
3 Bed
5 Bath
|
$7,800,000
+2.63%
02/05/2021
|
-
|
Maureen Mccarron
Compass
| |
05/02/2013
|
3 Bed
|
3 Bath
|
-
|
$3,995,000
3 Bed
3 Bath
|
$3,630,000
-9.14%
10/09/2013
|
Michael Lubin
Brown Harris Stevens Residential Sales LLC
| ||
11/29/2012
|
3 Bed
|
3 Bath
|
-
|
$2,800,000
3 Bed
3 Bath
|
$2,682,810
-4.19%
03/28/2013
|
Lisa Maysonet
Sothebys International Realty
| ||
02/05/2012
|
3 Bed
|
2 Bath
|
-
|
$2,750,000
3 Bed
2 Bath
|
$2,300,000
-16.36%
09/14/2012
|
- Private -
|
Michael Lubin
Brown Harris Stevens Residential Sales LLC
| |
04/20/1998
|
99 Bed
|
99 Bath
|
-
|
$305,000
99 Bed
99 Bath
|
$305,000
05/08/1998
|
-
|
Emilie O'Sullivan
Douglas Elliman Real Estate
|
Building Info
- 46 Units
- 1 Unit for Sale

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