Listing Courtesy of Corcoran Group
$5,550,000
Potential Rebate: $83,250
This renovated Park Avenue home has been completely reimagined to blend timeless prewar elegance with modern sophistication. Thoughtful design highlights classic architectural details-10-foot ceilings, exquisite moldings, and a decorative fireplace-while introducing contemporary luxuries including wide-plank hardwood floors, an open chef's kitchen, and a versatile den.<br> <br> Located in one of Park Avenue's most prestigious prewar cooperatives, the home is designed for gracious entertaining. From the semi-private landing, a large foyer sets the tone of elegance and leads into a nearly 30-foot living/dining room with oversized windows that flood the space with natural light and frame the beautiful Park Avenue treetops. A mirrored marble bar enhances the dining area, creating a refined setting for gatherings.<br> <br> The windowed eat-in kitchen features abundant counter and cabinet space, a large walk-in pantry, top-of-the-line appliances, and an oversized island with breakfast bar that flows seamlessly into the den-perfect for casual dining or relaxed entertaining. A staff room/home office, powder room, and washer/dryer complete this wing.<br> <br> A separate bedroom corridor ensures privacy. Two secondary bedrooms with large windows share a marble bathroom. The corner primary suite is a serene retreat, entered through a lacquered dressing room with custom cabinetry. The bedroom enjoys bright eastern and southern exposures overlooking lush townhouse gardens, and includes a windowed marble ensuite bath.<br> <br> Built in 1912 by William Korn-who chose it as his own residence-875 Park Avenue is an architecturally distinguished white-glove cooperative offering 24-hour doorman and concierge service, a state-of-the-art fitness center, private storage, and pet-friendly policies. Ideally located near Central Park, Museum Mile (The Metropolitan Museum of Art, the Guggenheim), and iconic landmarks like The Carlyle Hotel, this address provides the best of Upper East Side living.<br> <br> The cooperative permits 50% financing and applies a 2% flip tax. Storage unit included.<br>
$32,995 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$83,250
Monthly savings impact
$231/mo
Effective Purchase Price
$5,466,750
(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 Corcoran Group
Data Source: TRESTLE #RLS20053127
RLS at REBNY

2.5%
Experience
Member
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 Corcoran Group
Data Source: TRESTLE #RLS20053127
RLS at REBNY

Compare average listing prices and value metrics for 875 Park Avenue Corporation against the surrounding Lenox Hill market.
than the Lenox Hill price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.

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