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Residential Income Property with Terrace
For Sale
$1,495,000

1060 PARK Avenue PHA, New York City, NY 10128

A 14th-floor cooperative apartment offers a wraparound private terrace and requires extensive renovation.

Property SizeContact for details
Days on Market9

Property Features for 1060 PARK Avenue PHA

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Property Condition

Severity Major Repairs Needed
Evidence requires an EXTENSIVE FULL RENOVATION

Additional Details

Multifamily Units 1

Amenities

24 hour doorman
live-in resident manager
private storage rooms
bike room
private terrace
fireplace
washer/dryer

Building Details

Year Built 1924
Stories 14
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Angel Joseph
Source: Bondnyre
Added: Sep 30 Changed: Oct 7 Last Checked: Oct 7 at 3:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

Penthouse A is a southwest-facing apartment on the 14th floor of a prewar cooperative. Its layout includes a gallery, living room with fireplace, windowed kitchen, two bedrooms, two full bathrooms, and an additional staff room with a full bathroom on the penthouse level. A wraparound private terrace surrounds the apartment. The unit requires extensive renovation, and a washer and dryer are present; replacement requires board approval.

The building at 1060 Park Avenue was designed by J.E.R. Carpenter and built in 1924. Building amenities include a 24-hour doorman, live-in resident manager, and bike room. The passenger elevator does not serve the penthouse level, so access to the front door requires climbing one flight of stairs. The service elevator reaches that level during weekday service hours.

Key Highlights

  • Extensive renovation required
  • Wraparound private terrace with east, south, and west exposures
  • Two bedrooms and two full bathrooms, plus a staff room with full bathroom

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

17,744
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A 14th-floor cooperative apartment offers a wraparound private terrace and requires extensive renovation.
Where is this residential income property located?
The property is located at 1060 PARK Avenue PHA New York City, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Extensive renovation required; Wraparound private terrace with east, south, and west exposures; Two bedrooms and two full bathrooms, plus a staff room with full bathroom
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