--- title: "940 Park Avenue #PHA, New York City, NY 10028" description: "940 Park Avenue #PHA, New York City, NY 10028 — Upper East Side, New York City, NY. Listing Price $4,900,000. In contract 4/11/2026. 5 bed, 4 bath Illustrative Buyer Commission Share of $73,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-pha-PHA-ny-10028" source: "Real Estate Rebate Team" status: "Pending" --- # 940 Park Avenue #PHA, New York City, NY 10028 Upper East Side, New York City, NY Courtesy of Sothebys International Realty ## At a Glance - **Listing Price**: $4,900,000 - **Status**: In contract 4/11/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 5 - **Baths**: 4 - **Common Charges**: $10,427 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,900,000 - **Illustrative Buyer Commission Share**: -$73,500* - **Illustrative Net Cost**: $4,826,500 *Illustrative Buyer Savings of $73,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/663da2ff-943e-4349-a7fb-66c8a343b255.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb0d8120-cef3-442f-aa3a-f3277b9a580a.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80ef8a26-f26b-4e9b-9981-57583a59dcde.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3fcb6bf4-3522-459f-b3d7-8dcbfa189ab1.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/94ae3d9e-7a36-483f-9300-67907d89de77.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92da0545-78e6-4cb9-a0d9-50a2f388f04f.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/407b3830-551f-4e52-9e5d-509f0f73fe33.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01b6ab96-dbc7-406d-937a-a311e761ca6a.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c06784a-5a6a-4099-8c6d-1e4523bd4be1.jpg) ![940 Park Avenue #PHA, New York City, NY 10028 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b964bbd-dc0f-45dd-ba41-c864583cb58a.jpg) ## Property Overview 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 - **Property Type**: Co-op - **Beds**: 5 - **Baths**: 4 - **Rooms**: 9 - **Stories**: 15 - **Year Built**: 1926 - **Common Charges**: $10,427 / Monthly - **Listed On**: Oct 14, 2025 - **Days on Market**: 338 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Common On Floor - Common Area - In Unit - Eat-in Kitchen - Cooktop - Dryer - Dishwasher - Gas Cooktop - Refrigerator - Washer - City ## Estimated Monthly Payment **$35,204 / month**, assuming a 20% down payment ($980,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $24,777 - **Common Charges**: $10,427 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 5 apartments at 940 Park Avenue have recorded sales since September 2021, the most recent for $4,860,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | [8A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-a-8A-ny-10028) (Apartment) | 3 | $4,860,000 | August 3, 2026 | MLS | | 11A (Apartment) | 3 | $4,950,000 | February 9, 2026 | City record · MLS | | GRFW (Apartment) | — | $415,000 | April 3, 2024 | City record | | 11A (Apartment) | 3 | $4,800,000 | December 7, 2022 | City record · MLS | | 8B (Apartment) | — | $1,643,000 | December 22, 2021 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $4,900,000 - **Median sold price**: $5,300,000 - **Difference**: -$400,000 (-7.5%) - **Comparable sales**: 11 - **Sales from**: January 2025 – May 2026 - **Middle half of those sales**: $4,150,000 – $6,425,000 Based on co-op five-bedroom sales in Upper East Side. Square footage is recorded for only 3 of these 11 sales (27%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Upper East Side instead. ### How these sales were negotiated - **Sale-to-list price**: 92% (10 sales) - **Sold below asking**: 60% (10 sales) - **Typical time to find a buyer**: 108 days (10 sales) - **Typical time to close**: 105 days (10 sales) Based on co-op five-bedroom sales in Upper East Side with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 940 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/940-park-avenue) ## Price and Property History for 940 Park Avenue, Unit PHA Review the recorded listing activity for 940 Park Avenue, Unit PHA, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $500,000, or 9.3%, on March 3, 2026 - **Originally listed**: October 14, 2025 at $5,500,000 - **Entered contract**: April 11, 2026 | Date | Price | Listing event | | --- | --- | --- | | April 11, 2026 | $4,900,000 | Entered contract | | March 3, 2026 | $4,900,000 | Asking price reduced by $500,000, or 9.3% | | October 14, 2025 | $5,500,000 | Listed for sale by Sothebys International Realty | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 28 apartments. The corporation’s 2026 property tax bill was $802,503 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 940 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/940-park-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 940 Park Avenue Upper East Side · Stock Cooperative 940 Park Avenue, New York, NY 10028 A building in Upper East Side, currently featuring 0 active listings. - **Year Built**: 1925 - **Active Units**: 0 - **Floors**: 15 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/940-park-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-pha-PHA-ny-10028) | 5 | 4 | — | — | $4,900,000 (-9.3%) — In contract | Sothebys International Realty | Oct 14, 2025 | 338 days | | [2A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-a-2A-ny-10028) | 2 | 2 | — | — | $2,700,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jun 8, 2026 | 101 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [8A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/940-park-avenue-a-8A-ny-10028) | 3 | 3 | — | — | $4,860,000 | Sothebys International Realty | Jan 12, 2026 | Aug 3, 2026 | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Upper East Side Overview of Upper East Side [Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Upper East Side - [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park) - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) - [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [940 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/940-park-avenue) - [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.