Park 81st Corporation

Park 81st Corporation is a Co-op located 940 Park Avenue, in Upper East Side, New York. The building was first built in 1926 and is 98 years old. The lot that the building was built on is 52 feet wide and 100 feet long. The official lot area is listed as 5,216 square feet. The building itself is 52 feet wide and 88 feet long. In total, 940 Park Avenue has a total floor area of 64,058 square feet. Of that, 61,658 square feet are used for residential purposes. About 2,400 square feet of the building are used for commercial purposes. There are a total of 30 units. Of those, 28 are residential units. There are two commercial units. 940 Park Avenue has a total of 15 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 940 Park Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Only cats are allowed in the building. There are 21 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 193 days Meaning, listings tend to sell at a median of $1,679 price per square foot. The transaction that took the longest to complete was unit 6B, listed on Apr 16, 2013 for $2,300,000. This particular unit ultimately sold 357 days later for $2,300,000. The most recent transaction was for unit 12K, sold for $0 on Apr 12, 2023. Fun fact, the oldest transaction we have on record took place on Dec 21, 2004. See the full transaction history for Park 81st Corporation below.

Upper East Side, where 940 Park Avenue is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $3,275,000. For interested buyers, that means the building's median asking price is around 2.45% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $7,495,000. It is a 5-bedroom and 4-bathroom unit.