Listing Courtesy of Corcoran Group
$5,550,000
Potential Rebate: $83,250
This renovated Park Avenue home has been completely reimagined to blend timeless prewar elegance with modern sophistication. Thoughtful design highlights classic architectural details-10-foot ceilings, exquisite moldings, and a decorative fireplace-while introducing contemporary luxuries including wide-plank hardwood floors, an open chef's kitchen, and a versatile den.<br> <br> Located in one of Park Avenue's most prestigious prewar cooperatives, the home is designed for gracious entertaining. From the semi-private landing, a large foyer sets the tone of elegance and leads into a nearly 30-foot living/dining room with oversized windows that flood the space with natural light and frame the beautiful Park Avenue treetops. A mirrored marble bar enhances the dining area, creating a refined setting for gatherings.<br> <br> The windowed eat-in kitchen features abundant counter and cabinet space, a large walk-in pantry, top-of-the-line appliances, and an oversized island with breakfast bar that flows seamlessly into the den-perfect for casual dining or relaxed entertaining. A staff room/home office, powder room, and washer/dryer complete this wing.<br> <br> A separate bedroom corridor ensures privacy. Two secondary bedrooms with large windows share a marble bathroom. The corner primary suite is a serene retreat, entered through a lacquered dressing room with custom cabinetry. The bedroom enjoys bright eastern and southern exposures overlooking lush townhouse gardens, and includes a windowed marble ensuite bath.<br> <br> Built in 1912 by William Korn-who chose it as his own residence-875 Park Avenue is an architecturally distinguished white-glove cooperative offering 24-hour doorman and concierge service, a state-of-the-art fitness center, private storage, and pet-friendly policies. Ideally located near Central Park, Museum Mile (The Metropolitan Museum of Art, the Guggenheim), and iconic landmarks like The Carlyle Hotel, this address provides the best of Upper East Side living.<br> <br> The cooperative permits 50% financing and applies a 2% flip tax. Storage unit included.<br>
$32,995 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$83,250
Monthly savings impact
$231/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).
2.5%
Experience
Member
Listings
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 Corcoran Group
Data Source: TRESTLE #RLS20053127

Compare average listing prices and value metrics for 875 Park Avenue Corporation against the surrounding Lenox Hill market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Lenox Hill price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.
Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.
Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.
The market for homes for sale in Lenox Hill includes white-glove co-ops.
The lifestyle in Lenox Hill is refined.
Lenox Hill is served by the 6 and Q trains.
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Lenox Hill is best for doctors and established families.

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