975 Park Avenue #1CD, New York City, NY 10028
Listing Courtesy of Compass
$1,275,000
Potential Rebate: $19,125
Overview
Luxury Park Avenue Co-op Near Central Park: Transformative Opportunity for Buyers
Explore the rare opportunity at 975 Park Avenue, Unit 1C/D, a luxury co-op in Manhattan’s prestigious Upper East Side. This classic pre-war residence offers a unique blend of timeless elegance and modern possibilities, making it ideal for discerning buyers seeking a distinctive Park Avenue home with proximity to Central Park.
Key Features:
Historic Charm with Modern Potential: This first-floor co-op boasts soaring ceilings, original mahogany wood floors and doors, and a private entrance on East 83rd Street. Currently configured as a professional medical office with JHCO-certified surgical suite, reception area, and two marble baths, it invites transformation into a custom two-bedroom, two-bath residence with expansive living spaces.
Prime Residential Conversion: Zoned for residential conversion, this space is perfect for architects, designers, and buyers looking for a home with first-floor accessibility and privacy. Transform it into a modern Park Avenue retreat, or a live/work space tailored to your lifestyle.
Full-Service Co-op Amenities: Enjoy the white-glove service of a full-service co-op, including a 24-hour doorman, concierge, fitness center, laundry facilities, and enhanced security. Experience the privacy of a townhouse combined with the luxury amenities of a five-star hotel.
Unmatched Location: Located steps from Central Park and Museum Mile, this property is nestled in a vibrant community known for its cultural landmarks, top-tier PS 6 school district, high-end Madison Avenue shopping, and Michelin-starred dining.
Motivated Seller – Price Improved: With a motivated seller and a recent price improvement, this property offers a compelling opportunity to own a piece of New York City's finest real estate.
This exceptional co-op is perfect for buyers who value culture, convenience, and the unparalleled lifestyle of New York City. Whether you're looking to create a stunning residence, a functional live/work space, or a combination of both, 975 Park Avenue, Unit 1C/D offers endless possibilities to design your dream home.
Home Features
- •Central Air
- •Central
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •Laundry Room
- •Chandelier
- •High Ceilings
Estimated Monthly Payment
$10,698 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$19,125
Monthly savings impact
$53/mo
Effective Purchase Price
$1,255,875
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20037624
RLS at 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. ©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.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20037624
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 975 Park Avenue against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
77.16% Lower
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.
