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940 Park Avenue PHANew York, NY 10028

For Sale

$5,400,000

Smart Buyer Rebate $67,500

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.

Listed by Vannessa A Kaufman

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Sothebys International Realty

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(212) 606-7639

Listed by Francesca Forgione

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Sothebys International Realty

Last updated October 21, 2025

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Source: REBNY #RLS20054409

Listing Facts

  • TypeCo-op
  • NeighborhoodUpper East Side
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu8
  • HOA/Maint. Fees$10,427/month

Amenities

  • Dishwasher

Location

Mortgage Calculator

Listing History

10/21/2025
Price Decreased
$5,400,000
10/14/2025
Listed by Sothebys International Realty
$5,500,000

Estimated Closing Costs

Total
$131,000
Attorney Fees
$4,000
NYC Mansion Tax
$121,500
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $5,400,000 and a 50% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 940 Park Avenue PHA

Association

Amenities

  • Pets Allowed: Building No, No
  • Concierge: Doorman Yes

Fees

  • Association Fee: $10,427.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Contact Exclusive Broker

Exterior

Construction

  • Number Of Units Total: 28
  • Stories Total: 15
  • Structure Type: Multi Family
  • Year Built: 1925

Features

  • Building Features: Elevator(s)
  • View: City

Measurements

  • Building Area Total: 64,058
  • Building Area Units: SquareFeet
  • Lot Size Area: 5,216
  • Lot Size Dimensions: 52
  • Lot Size Units: SquareFeet

Interior

Features

  • Appliances: Dishwasher
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Rooms Total: 9

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Upper East Side
  • Tax Block: 01493
  • Tax Lot: 0033

Utilities

Equipment

  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.