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Residential Income Property with Library

1185 PARK Avenue 12G, Manhattan, NY 10128

For Sale
$8,750,000

A renovated residence features direct elevator entry and distinct entertaining and bedroom wings.

Property Size4,000 SF
Price / SF$2,187
Days on Market34

Property Features for 1185 PARK Avenue 12G

General Information

Standard status Active
Size 4,000 SF
Property subtype Apartment

Amenities

private elevator landing
wood-burning fireplace
full-time doormen
live-in resident manager
state-of-the-art gym
children's playroom
roof garden
pet friendly

Building Details

Year Built 1929
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Lisa K Lippman
Source: Carlinwright
Added: Oct 5 Changed: Nov 4 Last Checked: Nov 6 at 3:13PM

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

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Investment Insights

Based on property information with market context.

This approximately 4000 square foot residence has four bedrooms, a library, four-and-a-half bathrooms, and a powder room. A private elevator landing opens to a central gallery connecting the formal living and dining rooms. The separate bedroom wing includes a corner primary suite and three additional bedrooms, each with a windowed en-suite bathroom. The kitchen has marble counters, custom cabinetry, a 48-inch Sub-Zero refrigerator, a Wolf six-burner range with grill and double oven, and an additional wall oven. A den, breakfast area, and separate laundry room complete the layout. The home was renovated and is in a building constructed in 1929.

Building amenities include full-time doormen, a resident manager, a gym, children's playroom, and roof garden. The property is in Carnegie Hill, moments from Central Park and Museum Mile, with schools, restaurants, and shopping nearby.

Key Highlights

  • Approximately 4000 square foot residence with four bedrooms and a library
  • Private elevator landing opens directly into the residence
  • Renovated home with a separate bedroom wing and formal entertaining rooms

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 residence features direct elevator entry and distinct entertaining and bedroom wings.
Where is this residential income property located?
The property is located at 1185 PARK Avenue 12G Manhattan, NY.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Approximately 4000 square foot residence with four bedrooms and a library; Private elevator landing opens directly into the residence; Renovated home with a separate bedroom wing and formal entertaining rooms
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