New York

Manhattan

10075

Upper East Side

888 Park Ave #1B

$1,295,000

● Co-op - Off Market

888 Park Ave #1B

Manhattan, NY 10075

Studio

1 Bath

$11,959

Estimated Monthly

$5,600

HOA / Fees

-2.78%

Cap Rate

About This Property

Outstanding opportunity for residence or office in one of Park Avenues finest buildings. 1245 square foot office space (currently) can be converted into stunning residence at 78th and Park for $1000/sf purchase price. Or maintain office status in ultra-blue chip location. Apartment Features: South exposure, Full city view Building Features: Central laundry room, Health club

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

Co-op

Property Taxes

HOA Dues

$5,600

Year Built

1927

Last updated: 5 months ago ( #PDES-881364)

Price History

Date / Event	Date	Event
Jun 17, 2021	Sold to Antoine Adam	$590,000
Sold to Antoine Adam
Jan 18, 2021	No longer available	-
No longer available
Nov 19, 2020	No longer available	-
No longer available
Oct 23, 2020	Price Decreased	$699,000 ↓ $51K (6.8%)
Price Decreased
Sep 21, 2020	Price Increased	$750,000 ↑ $100K (15.4%)
Price Increased
Jul 13, 2020	Listed	$650,000
Listed

	BEST VALUE for a medical suite with semi-private street entrance, SOUTHERN exposure and over 1200 square feet. Located in one of Park Avenues' finest prewar buildings, this extremely flexible move-in ready space could easily be adapted for use by any medical specialty. This space is compromised of an oversized office/consultation room, large reception area/waiting room, and 3 exam rooms (can easily be converted to 4). 888 Park Ave is steps from Lenox Hill Hospital and convenient to all…
Sep 21, 2013	Listed by Elliman	$1,295,000
Listed by Elliman
Jun 19, 2013	Sold to Heshmat Majlessi, Vida Yasmin	$520,000
Sold to Heshmat Majlessi, Vida Yasmin
Sep 21, 2012	Listed by Elliman	$695,000
Listed by Elliman

	Approximately 1200 square feet space with a semi-private street entrance (67 East 78th Street), located in one of Park Avenue's premier pre-war buildings. Currently used by an ophthalmology practice, the space could easily be adapted for use by any medical specialty. Other non-medical professional use will be considered. The office consists of a large waiting room/reception area, 3 exam rooms and an oversized consultation room which could easily be divided to create a 4th exam room. There… Elliman

Property Highlights

Doorman

Elevator

Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Laundry Features: Common Area

Room Information

Rooms: 5

Exterior Details

Property Information

PropertySubType: Office

Living Area Units: SquareFeet

Building Information

Stories (Total): 15

Financial Details

Flip Tax Type: Percent

Tax Deduction Percent: 35

Location Details

Association Fee: $5,600

Community Features: Storage

Pets Allowed: Unit Yes, Building Yes

Other Details

Coexclusive: No

Comparables

71 East 77th Street #1A

Sold

Co-op

Stu

2 Baths

1,100 ft²

$1,227/ft²

$1,350,000 Mar 9, 2018

$1,350,000 Nov 25, 2019

$4,145/mo

900 Park Avenue #3D

Sold

Condo

1 Bed

2 Baths

835 ft²

$1,587/ft²

$1,325,000 Jul 31, 2017

$1,325,000 Apr 4, 2018

$2,623/mo

71 East 77th Street #3A

Sold

Co-op

1 Bed

2 Baths

$1,300,000 Sep 9, 2015

- Feb 5, 2021

$2,820/mo

71 East 77th Street #4A

Sold

Co-op

1 Bed

2 Baths

$1,275,000 Feb 13, 2023

$1,275,000 Jun 27, 2023

$3,865/mo

885 Park Avenue #1D

Sold

Co-op

Stu

1 Bath

1,900 ft²

$632/ft²

$1,200,000 Aug 20, 2014

$1,200,000 Mar 15, 2017

$8,549/mo

900 Park Avenue #16B

Sold

Condo

1 Bed

2 Baths

780 ft²

$1,761/ft²

$1,373,500 Mar 16, 2011

- Feb 5, 2021

$1,906/mo

150 East 77th Street #4G

In Contract

Co-op

1 Bed

2 Baths

$1,395,000 May 15, 2023

$1,874/mo

45 East 80th Street #4E

In Contract

Condo

1 Bed

2 Baths

$1,250,000 Oct 31, 2023

$1,652/mo

10 East 81st Street #4

In Contract

Co-op

1 Bed

2 Baths

$1,195,000 Mar 13, 2023

$1,751/mo

850 Park Avenue #1R

Active

Co-op

2 Beds

2 Baths

$1,295,000 Nov 2, 2023

$3,729/mo

35 East 76th Street #715

Active

Co-op

2 Beds

2 Baths

1,213 ft²

$1,054/ft²

$1,278,000 Mar 20, 2023

$17,266/mo

71 East 77th Street #9C

Active

Co-op

2 Beds

2 Baths

$1,295,000 Oct 27, 2023

$3,753/mo

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Owner	Listed By
20221017 Unit 3C 10/17/2022	3C	4 Bed	4 Bath	-	$6,950,000 4 Bed 4 Bath	$5,250,000 -24.46% 09/26/2023	Kabir Melwani Leah Madeline Melwani	Cathy Franklin Corcoran Group
20220223 Unit 8C 02/23/2022	8C	4 Bed	5 Bath	-	$9,950,000 4 Bed 5 Bath	$8,712,500 -12.44% 08/11/2022	Tashmin Ali Avner Husen	Eileen Angelo Sothebys International Realty
20190925 Unit 9B 09/25/2019	9B	5 Bed	4 Bath	-	$9,450,000 5 Bed 4 Bath	$8,000,000 -15.34% 03/11/2020	Gregory Myers Wendy Myers	Susan Landau Coldwell Banker Warburg
20190807 Unit 11C 08/07/2019	11C	4 Bed	5 Bath	-	$11,500,000 4 Bed 5 Bath	$7,750,000 -32.61% 08/23/2021	-	Daniela Kunen Prudential Douglas Elliman Real Estate
20181110 Unit 7A 11/10/2018	7A	2 Bed	2 Bath	-	$3,995,000 2 Bed 2 Bath	$2,950,000 -26.16% 03/02/2021	-	Daniela Kunen Prudential Douglas Elliman Real Estate
20180112 Unit 14C 01/12/2018	14C	4 Bed	4 Bath	-	$14,000,000 4 Bed 4 Bath	$13,500,000 -3.57% 07/12/2018	- Private -	Pillay Demirdjian Brown Harris Stevens Residential Sales LLC
20170509 Unit 14APH 05/09/2017	14APH	4 Bed	5 Bath	-	$13,750,000 4 Bed 5 Bath	$13,750,000 08/09/2017	-	Leslie Coleman Brown Harris Stevens Residential Sales LLC
20170405 Unit PHA 04/05/2017	PHA	2 Bed	2.5 Bath	-	$8,950,000 2 Bed 2.5 Bath	$8,750,000 -2.23% 07/17/2017	Louis M Bacon Gabrielle Sacconaghi Bacon	Bonnie Chajet Warburg Realty Partnership Ltd.
20170222 Unit 14C 02/22/2017	14C	4 Bed	4 Bath	-	$14,000,000 4 Bed 4 Bath	- -	-	Ruth McKeown Prudential Douglas Elliman Real Estate
20160705 Unit 12B 07/05/2016	12B	5 Bed	5 Bath	-	$11,500,000 5 Bed 5 Bath	$11,025,000 -4.13% 06/29/2017	Gregory D Ley Kendall E Ley	Daniela Kunen Douglas Elliman Real Estate
20150518 Unit PHA 05/18/2015	PHA	2 Bed	3 Bath	-	$8,500,000 2 Bed 3 Bath	$1 -100.00% 10/08/2015	Nancy A Tsai	Daniela Kunen Douglas Elliman Real Estate
20130921 Unit 1B 09/21/2013	1B	Studio	1 Bath	-	$1,295,000 Studio 1 Bath	- -	-	Steven F Douglas Elliman Real Estate
20120921 Unit 1B 09/21/2012	1B	Studio	1 Bath	-	$695,000 Studio 1 Bath	$520,000 -25.18% 06/19/2013	Heshmat Majlessi Vida Yasmin	Larry Brookner Elliman