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Renovated Residential Income Property
For Sale
$5,450,000

850 PARK Avenue 5D, New York City, NY 10075

Three-bedroom cooperative residence with a staff room, renovated kitchen, and extensive full-service building amenities.

Property SizeContact for details
Days on Market30

Property Features for 850 PARK Avenue 5D

General Information

Standard status Active
Property subtype Apartment

Building Details

Year Built 1914
Listing Agency: Corcoran Group
Listed By: Caroline Greiner · License #10401360081 (NY)
Source: Howardhannanyc
Added: Sep 9 Changed: Sep 26 Last Checked: Oct 7 at 5:24PM

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 Corcoran Group

Investment Insights

Based on property information with market context.

This residential income property is configured as a three-bedroom cooperative residence with a staff room and three-and-a-half bathrooms. The interior includes a living room, dining area, library, and a fully renovated kitchen with custom cabinetry, premium finishes, and high-end appliances. The home is described as fully updated and maintained in move-in-ready condition.

Located at 850 Park Avenue in New York City, the residence is within a full-service, 12-story prewar cooperative with approximately 50 residences. Building services and amenities include a 24-hour doorman, live-in superintendent, assigned storage, bicycle storage, fitness room, basketball court, courtyard, and play area. The building permits pets and allows pied-à-terre ownership with board approval. A 2.5% flip tax is paid by the purchaser.

Key Highlights

  • Three‑bedroom residence with staff room and three‑and‑a‑half bathrooms
  • Fully renovated kitchen with custom cabinetry, premium finishes, and high‑end appliances
  • Living room, dining area, and library provide multiple defined interior spaces

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Repair Shop Daycare Center Auto Parts Store Barber Shop Nursing Home Electrical Service

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

Location Intelligence

Trade Area within ½ mile

26,459
Businesses Nearby

Demographics for 10075, NY

27,796
Population
16,415
Households
1.7
Avg Household Size
41
Median Age
85%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
138,980
Density / Sq Mi
$146,556
Median Household Income
$112,549
Median Earnings
$2,390
Median Rent
$1,097,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom cooperative residence with a staff room, renovated kitchen, and extensive full-service building amenities.
Where is this residential income property located?
The property is located at 850 PARK Avenue 5D New York City, NY.
What is the asking price?
The asking price for this property is $5,450,000.
What are key features of this property?
This property features: Three‑bedroom residence with staff room and three‑and‑a‑half bathrooms; Fully renovated kitchen with custom cabinetry, premium finishes, and high‑end appliances; Living room, dining area, and library provide multiple defined interior spaces
More about this property
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