5 months on rocket

940 Park Ave Pha, Pha, New York City, NY, 10028

$7,450,000

5 Bedrooms
4 Full Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeStock Cooperative
Year Built1925
FireplaceWood Burning
ViewCity
MLS #PRCH-7752757
StatusActive

About 940 Park Ave Pha

Welcome to the PH at 940 Park Avenue, a dignified duplex with up to 5 bedrooms and 4 full bathrooms spanning a generous 3,160 square feet. Marvel at the expansive wrap-around terrace, a stunning 775 square feet of outdoor bliss offering open views that capture the essence of Manhattan living. Step into an elegant entryway that sets the tone for the entire residence. The living room exudes warmth with a wood burning fireplace and showcases architectural beauty through huge arch-shaped windows. The interiors are bathed in natural light from all four exposures, also providing skyline views. The eat-in kitchen was recently renovated to perfection. A grand table, accommodating 8, sets the stage for memorable gatherings. Culinary enthusiasts will appreciate the two large islands and top-of-the-line appliances, including a Miele dishwasher, 6-burner gas stove, professional salamander, and a Sub-Zero refrigerator. The primary suite is privately located on the second floor of the duplex and is spacious with multiple closets, a large en-suite bathroom, and a separate dressing room. This level provides access to the terrace from the second living area. Convenience is key with an in-unit washer and dryer, central A/C downstairs, and split units upstairs. 940 Park Avenue is a full service cooperative. The penthouse resides on floors 15 & 16. The building offers a full time doorman and storage that trades with each apartment. 50% financing is required and there is a 2% flip tax. Pets are allowed. Sorry no pieds-a-terre. Some photos are virtually staged. While the kitchen was renovated the rest of the home still needs remodeling.

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1925

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Vannessa Kaufman
  • Agent Phone: (212) 606-7639

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: Elevator
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,450,000

HOA Fees:

  • Amount: $10124
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

940 Park Ave Pha vs New York

151 DAYS ON ROCKET

+55 Days

$7,450,000

+$6.6M More

KEY TAKEAWAY

This property is $6.6M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7752757

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Vannessa Kaufman
  • Agent Phone: (212) 606-7639

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$47.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.4K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1528492
10
/10
  • PS 6 Lillie D Blake

  • 45 E 81st St

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-1528493
10
/10
  • PS 290 Manhattan New School

  • 311 E 82nd St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1528494
6
/10
  • Yorkville Community School

  • 421 E 88th St

  • 0.66 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $203,268. The most common annual income of people living in New York, NY is $200k+. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Park Ave Pha

What is the listing price of this property?

The listing price of 940 Park Ave Pha property is $7,450,000.

What type of property is this?

The property 940 Park Ave Pha is a condo located in Pha, New York City, New York, 10028.

Is this property for sale now?

Active Listing: 940 Park Ave Pha is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 940 Park Ave Pha has 5 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 940 Park Ave Pha is 1925.
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Rocket HomesNew YorkNew York10028940 Park Ave Pha

This home is located at 940 Park Ave Pha in Pha, New York City, NY and zip code 10028 in the Upper East Side neighborhood. This home was built in 1925. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $7,450,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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