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Residential Income Property

983 Park Avenue 3B, Manhattan, NY 10028

For Sale
$6,000,000

A prewar cooperative residence offers a 30-foot gallery, formal entertaining rooms, and a flexible library.

Property SizeContact for details
Days on Market63

Property Features for 983 Park Avenue 3B

General Information

Standard status Active
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

24-hour doorman
live-in resident manager
fitness center
basketball court
bike room
central laundry room
private storage
wood burning fireplace

Building Details

Year Built 1926
Buildings 1
Listing Agency: Compass
Listed By: Marcy Grau
Source: Dallien
Added: Sep 8 Changed: Nov 9 Last Checked: Nov 9 at 7:14PM

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 Park Avenue cooperative includes a semi-private landing and a 30-foot gallery leading to a Classic 9 layout. Nearly 10-foot ceilings, hardwood floors, built-in storage, and preserved prewar detailing are among its existing features. The south-facing living room has European oak paneling, a wood-burning fireplace, and a stained-glass window that may be removed to expose two oversized windows. Pocket doors connect the library, which adjoins one of two additional bedrooms. The primary suite has two walk-in closets and a windowed en-suite bath. A formal dining room and eat-in kitchen are complemented by two staff rooms, an additional full bath, and a vented washer and dryer. Central air conditioning can be installed.

The building at Park Avenue and 83rd Street has a 24-hour doorman, live-in resident manager, fitness center, basketball court, bike room, central laundry, and private storage. Central Park, Museum Mile, Madison Avenue shopping, dining, schools, and public transportation are cited nearby. A private storage cage transfers with the apartment. The building permits up to 50% financing, is pet-friendly, and has a 2% flip tax paid by the buyer.

Key Highlights

  • Classic 9 cooperative layout with a 30‑foot gallery
  • Nearly 10‑foot ceilings, hardwood floors, and original prewar details
  • South‑facing living room with oak paneling, wood‑burning fireplace, and two oversized windows behind removable stained glass

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

19,014
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
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 prewar cooperative residence offers a 30-foot gallery, formal entertaining rooms, and a flexible library.
Where is this residential income property located?
The property is located at 983 Park Avenue 3B Manhattan, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Classic 9 cooperative layout with a 30‑foot gallery; Nearly 10‑foot ceilings, hardwood floors, and original prewar details; South‑facing living room with oak paneling, wood‑burning fireplace, and two oversized windows behind removable stained glass
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