Listing Courtesy of Compass
$5,500,000
Potential Rebate: $82,500
Originally built in 1912 by renowned architects George and Edward Blum, 875 Park Avenue is a distinguished white-glove cooperative known for its elegant architecture, including a strikingly graceful entrance and a grand lobby. This highly desirable residence is a sun-filled, generously scaled classic-seven home and offers open, picturesque views of the tree-lined charm of East 78th Street. The A-Line is located on the most desirable side of the building.
Inside, the classic prewar layout is both flexible and beautifully designed, enhanced by high ceilings, large windows, and rich hardwood floors throughout. Historic details are seamlessly blended with modern comforts, including central air conditioning.
A semi-private elevator landing leads into a spacious, rectangular Gallery that sets the tone for the home. The Gallery opens to a bright and expansive Living Room and an elegant Dining Room, both overlooking leafy East 78th Street. The living room has four windows unique in the building that contribute to the symmetry and grand proportions of the entertaining space.
The windowed Kitchen is supported by a Butler’s Pantry, a separate Laundry Area, and a Staff Room with an en-suite bath.
The sunny Primary Suite features a large Bedroom—currently configured as a Library—with lovely open exposures to the east and north, a decorative fireplace, ample closet space, and a full bath. Two additional spacious and light-filled Bedrooms offer abundant closet space. One of these rooms wraps the southeast corner of the building, providing exceptional natural light. Every single room and bathroom have widows with open exposure
Residents of 875 Park Avenue enjoy white-glove service, including a full-time doorman, a live-in resident manager, a private state-of-the-art fitness center, and large dedicated storage bins. Ideally located in the heart of the Upper East Side Historic District, the building is moments from Central Park, world-class museums, fine dining, premier shopping on Madison Avenue, and some of the city's top schools.
Pets are welcome. The cooperative permits 50% financing, and the 2% flip tax is payable by the seller.
$38,318 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$82,500
Monthly savings impact
$229/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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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 Compass
Data Source: TRESTLE #RLS20046156

Compare average listing prices and value metrics for 875 Park Avenue against the surrounding Upper East Side market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Upper East Side price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
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.
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).
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.
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.
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.
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.

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