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Fifth-Floor Residential Income Property

823 Park Avenue 5, Manhattan, NY 10021

For Sale
$11,750,000

A large fifth-floor residence features five bedrooms, four full baths, two fireplaces, and a private elevator vestibule.

Property Size4,184 SF
Price / SF$2,808
Days on Market672

Property Features for 823 Park Avenue 5

General Information

Standard status Active
Size 4,184 SF
Elevators Yes
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $64,695

Amenities

gas fireplace
central air conditioning
washer/dryer
fitness center
private storage

Building Details

Building Size 4,184 SF
Year Built 1911
Year Renovated 2007
Listing Agency: Compass
Listed By: Maria M Manuche
Source: Serhant
Added: Jan 7, 2025 Changed: Nov 9 Last Checked: Nov 8 at 7:39PM

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 Compass

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Investment Insights

Based on property information with market context.

This fifth-floor residence at 823 Park Avenue measures 4,184 square feet and is arranged with five bedrooms and four full baths, plus a powder room. A private elevator vestibule opens to the entrance gallery and a west-facing living room with a gas fireplace. A mahogany-paneled corner library has a second fireplace, while the formal dining room sits near an eat-in kitchen with a prep island and Viking and Sub-Zero appliances. Central air conditioning, an in-unit washer and dryer, 10-foot ceilings, and herringbone hardwood floors round out the interior.

The condominium building has 12 residences and was redeveloped in 2007. Building amenities include staff, a fitness center with natural light, and private storage. The property is near Central Park, schools, and cultural institutions. Pets are permitted.

Key Highlights

  • 4,184‑square‑foot fifth‑floor residence
  • Five bedrooms, four full baths, and a powder room
  • Private elevator vestibule, 10‑foot ceilings, and herringbone hardwood floors

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

31,051
Businesses Nearby

Demographics for 10021, NY

45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
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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 large fifth-floor residence features five bedrooms, four full baths, two fireplaces, and a private elevator vestibule.
Where is this residential income property located?
The property is located at 823 Park Avenue 5 Manhattan, NY.
What is the asking price?
The asking price for this property is $11,750,000.
What are key features of this property?
This property features: 4,184‑square‑foot fifth‑floor residence; Five bedrooms, four full baths, and a powder room; Private elevator vestibule, 10‑foot ceilings, and herringbone hardwood floors
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