1001 PARK Avenue #11THFLR, New York City, NY 10028
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$9,000,000
Potential Rebate: $135,000
Overview
This palatial full floor home on Park Avenue offers 4 open exposures, with open City views and over 80' of frontage on Park Avenue. <br> <br> Off a private landing, the large gallery leads to a double sized living room with 10 ' ceilings, a wood burning fireplace and views over Park Avenue. The adjacent regal corner formal dining room has another wood burning fireplace and views over Park Avenue. On the opposite side of the living room, a large library could also serve as a den or guest room. <br> <br> The windowed kitchen has enough room for casual dining and has a large butler's pantry with plenty of storage and an extra sink. Adjacent is a staff area that makes a great den off the kitchen. This corner of the apartment also features a laundry room with full bathroom plus a single staff room with full bathroom and a double staff room, allowing flexibility to create staff spaces, offices and a gym. <br> <br> The bedroom wing features four generously sized bedrooms. each with its own dedicated bathroom. The bright corner primary bedroom boasts a wood burning fireplace, walk in closet and 4 windows with open City views. A second corner bedroom could be another primary and faces South and West over Park Avenue. Two other bedrooms each with en-suite baths, and several large walk in closets complete this wing. <br> <br> In addition to this full floor home, a windowed staff/utility room with shared hall bath can be purchased on the 9th floor. The maintenance is $656.47 per month. <br> <br> 1001 Park Avenue is a full service prewar cooperative designed by Pleasants Pennington & Albert W. Lewis and built in 1928. The building features full-time doormen, resident manager, and a large, dedicated storage room for each apartment. Pets are permitted with board approval. There is a 2% flip tax payable by purchasers. There is a capital assessment of 1,592.88/monthly through June of 2026.
Home Features
- •In Unit
- •Washer Dryer Allowed
Estimated Monthly Payment
$59,958 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$135,000
Monthly savings impact
$375/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20061815
Price Analysis
Compare average listing prices and value metrics for 1001 PARK Avenue against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
83.45% Higher
than the Upper East Side price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Upper East Side.
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
