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Residential Income Property with Terrace

1130 Park Avenue PHA, Manhattan, NY 10128

For Sale
$7,750,000

A renovated penthouse combines generous interior living space, outdoor terraces, and a separate bonus room with a full bath.

Property SizeContact for details
Days on Market126

Property Features for 1130 Park Avenue PHA

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 3BR/3.5BA
Multifamily Units 1

Amenities

24-hour doorman
bike room
storage
fitness room
live-in superintendent

Building Details

Year Built 1927
Listing Agency: Sothebys International Realty
Listed By: Wendy N Arriz
Source: Decodenyc
Added: Jul 7 Changed: Nov 8 Last Checked: Nov 9 at 5:52PM

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 Sothebys International Realty

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Investment Insights

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This renovated penthouse residence at 1130 Park Avenue has three bedrooms and 3.5 baths, with 10'8" ceilings in the living-dining area and French doors opening to a 70-foot terrace. A separate bonus room with a full bath offers another flexible interior space. The kitchen includes custom cabinetry, stone counters, a Sub-Zero refrigerator, Viking cooking appliances and wine refrigerator, and a built-in Miele espresso maker. Other features include central air, hardwood floors, custom millwork, and radiant heat beneath the primary bathroom floor.

A second terrace, owned by the co-op and accessible only from the penthouse floor, overlooks the Central Park Reservoir. The building dates to 1927 and was designed by George Fred Pelham. Residents have access to a 24-hour doorman, fitness room, bike room, storage, and a live-in superintendent. Pets are welcome; the flip tax is 2%, and financing up to 50% is permitted.

Key Highlights

  • Penthouse residence with three bedrooms, 3.5 baths, and a separate bonus room with full bath
  • 70‑foot terrace accessed from the living area; an additional co‑op‑owned terrace is accessible only from the penthouse floor
  • 10'8" ceilings in the living‑dining area

Property Analytics

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

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A renovated penthouse combines generous interior living space, outdoor terraces, and a separate bonus room with a full bath.
Where is this residential income property located?
The property is located at 1130 Park Avenue PHA Manhattan, NY.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Penthouse residence with three bedrooms, 3.5 baths, and a separate bonus room with full bath; 70‑foot terrace accessed from the living area; an additional co‑op‑owned terrace is accessible only from the penthouse floor; 10'8" ceilings in the living‑dining area
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