---
title: "940 Park Avenue #PHA, New York, NY 10028"
description: "940 Park Avenue #PHA, New York, NY 10028 — NYC real estate listing on Real Estate Rebate Team. Priced at $4,900,000. Est. potential buyer savings up to $122,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-pha-PHA-ny-10028"
source: "Real Estate Rebate Team"
---

# 940 Park Avenue #PHA, New York, NY 10028

> **Listing Courtesy of:** Sothebys International Realty

## Description

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

- **Price**: $4,900,000
- **Potential Buyer Rebate**: $122,500
- **Bedrooms**: 5
- **Bathrooms**: 4
- **Living Area**: 64,058 sqft
- **Property Type**: Residential
- **Year Built**: 1925
- **Building**: 940 Park Avenue
- **Neighbourhood**: Upper East Side
- **Area / Borough**: Manhattan
- **Subdivision**: Upper East Side
- **Listing Office**: Sothebys International Realty
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$122,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/940-park-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/upper-east-side)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

---

> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.