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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. ©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.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10028
  6. 985 Park Avenue #12/13
Property thumbnail
1 / 17
Condominium•Upper East Side

985 Park Avenue #12/13, New York City, NY 10028

Listing Courtesy of Modlin Group LLC

$6,980,000

Potential Rebate: $104,700

Condominium
3 Beds
3 Baths
6 Rooms
18,142 sqft
Built 2006
16 Stories
385/ft²
Listed on Sep 17, 2025
121 days on market
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Overview

Elegant and contemporary, with stunning western Park Avenue views, this bright and spacious three bedroom duplex spans approximately 2,500 sq.ft. Designed with an eye toward the finest finishes and fixtures, such as custom lighting and intricate moldings, this quiet and sophisticated home mirrors the intimacy of a townhouse with all the conveniences of a full-service condominium.

The elevator opens directly into the handsome foyer which serves as the nexus for all parts of the home. The expansive living room overlooks landmarked buildings on Park Avenue through floor to ceiling windows and French doors that open to an exquisite Juliet balcony. It also boasts 10’ ceiling heights, a chic gas fireplace, and beautiful herringbone wood flooring. Across the foyer sits the dining room, featuring discreet custom cabinetry. Sleek and polished, the windowed chef’s kitchen boasts a suite of Miele and Sub-Zero appliances, Poliform cabinetry, and can be closed off with a pocket door. Rounding out the bottom floor is a large marble-clad powder room and a coat closet.

Upstairs, the private quarters are a haven of serenity with three spacious bedrooms. The plush primary suite faces west onto Park Avenue and boasts ample storage with custom designed high-gloss closets, as well as a walk-in closet. The windowed ensuite bathroom features a soaking tub, a large glassed-in shower, double vanity and radiant heated floors. Two additional bedrooms sit beside one another and share a large marble clad bathroom with an oversized shower. Each room is outfitted with individual climate control, ensuring comfort throughout. A Miele W/D and two linen closets round out the top floor.

With just 7 units, 985 Park is a boutique, limestone-clad, 15-story building designed by renowned architects Costas Kondylis & Partners and perfectly positioned on Park Avenue. Amenities include a full-time doorman, keyed private elevator access to each floor, and an oversized 68 sq.ft. storage room that transfers with the apartment. Steps from Central Park and the world-class museums, shops, and restaurants of the Upper East Side, this is a stunning home for the most discerning buyer. There is a 1% flip tax paid by the buyer.

Home Features

  • •In Unit
  • •City

Estimated Monthly Payment

$46,606 per month

30 year fixed, 6.28% Interest

Principal and Interest
$34,491
Property Taxes
$6,187
Maintenance/Common Charges
$5,928

Estimated Rebate for this Home

One-time rebate at closing

$104,700

Monthly savings impact

$291/mo

Effective Purchase Price

$6,875,300

(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).

Similar Homes

930 PARK Avenue #8N, New York City, NY 10028
Listed on Jul 28, 2025
21 Photos
$6,985,000

930 PARK Avenue #8N, New York City, NY 10028

Listing Courtesy of Corcoran Group

3 Beds
3.5 Baths
9 Rooms
Built 1916
View Details

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 Modlin Group LLC

Data Source: TRESTLE #RLS20049471

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

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. ©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 Modlin Group LLC

Data Source: TRESTLE #RLS20049471

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 985 Park Avenue against the surrounding Upper East Side market.

Based on 1 active unit in building vs 291 in area

Average List Price

Building$7.0M
Neighborhood$5.4M

Price Per SqFt

Building Avg$385/ft²
Neighborhood Avg$1,493/ft²
Value Opportunity

74.23% Lower

than the Upper East Side price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Upper East Side

Upper East Side

Overview of Upper East Side

The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety. Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.

Real Estate & Housing Market

The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms. It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).

Lifestyle & Community

The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable. The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.

Transportation & Accessibility

The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown. The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.

Parks, Schools & Amenities

Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade. Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.

Who This Neighborhood Is Best For

The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
Upper East Side GuideAll Neighborhoods
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