--- title: "1220 Park Avenue #12B, New York City, NY 10128" description: "1220 Park Avenue #12B, New York City, NY 10128 — Upper East Side, New York City, NY. Listing Price $5,995,000. 5 bed, 4 bath Illustrative Buyer Commission Share of $89,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1220-park-avenue-12b-ny-10128" source: "Real Estate Rebate Team" dateModified: "2026-10-05T21:43:14.871Z" status: "Active" --- # 1220 Park Avenue #12B, New York City, NY 10128 Upper East Side, New York City, NY Courtesy of Compass Last updated: October 5, 2026, 5:43 PM ## At a Glance - **Listing Price**: $5,995,000 - **Beds**: 5 - **Baths**: 4 - **Common Charges**: $12,197 / 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**: $5,995,000 - **Illustrative Buyer Commission Share**: -$89,925* - **Illustrative Net Cost**: $5,905,075 *Illustrative Buyer Savings of $89,925 — 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) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dfa96082-d153-4d25-9688-8a0ddc6bd27e.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11fa8dc8-180a-4c5f-a9d2-51aa5ef69c32.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9dc85956-57d2-448f-8d6d-88de2601e09f.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a428222e-2ae4-4809-9500-6fa4e6be711f.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fdd43f16-a3f7-4989-9e7e-5f0b5ceba012.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/057b7d10-3f7c-482a-89c9-52b53e431d55.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/db6aaa46-643d-48e4-b9ae-ca1aebd8cd16.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e794dad-cf08-4921-8203-532043488806.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56205da1-8d6c-4ba1-ab83-7d05ea352f26.jpg) ![1220 Park Avenue #12B, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c156154d-bcfa-42a9-ba4a-9c245f7c55d3.jpg) ## Property Overview Stunning 12-Room Sun-Flooded with open City Views, this Candela Classic is... Poised on a high-floor and distinguished by sweeping views south of Park Avenue. A private elevator vestibule opens onto a grand entrance gallery with high ceilings, beautiful herringbone hardwood floors, and intact original architectural details. Off this center hall, Candela’s signature (sun-flooded) corner living room with five modern oversized windows, a wood-burning fireplace, enjoys unobstructed city views south. Adjacent to the living room is an inviting library (with full bathroom) graciously lined with custom built-ins, and a (second) wood-burning fireplace. A grand formal dining room overlooks Park Avenue, ideal for refined entertaining and formal gatherings. A restored (original) butler’s pantry, complete with custom cabinetry seamlessly connects the dining room to the windowed eat-in kitchen appointed with high-end appliances, including a Viking range, Sub-Zero refrigerator, and dishwasher. The ever important full-sized laundry room is nestled off the kitchen. The private bedroom wing, accessed via a wide hallway, outfitted with a cedar and linen closets, features a gracious primary bedroom adorned with sun-kissed open city views, copious storage and en-suite bath. Four additional spacious bedrooms plus a separate staff’s bedroom (with its own full bath) complete the home. Near a wide range of the best schools, iconic cultural institutions, and not to forget Central Park, this rare and distinguished 12-room residence offers the singular elegance of a Rosario Candela design and will make your heart sing! Additional highlights: 10' Ceilings Beautifully preserved hardwood floors Bathrooms well preserved original condition Fully renovated kitchen that retains prewar distinction Two wood-burning fireplaces Through wall conditioning in living room, library and primary bedroom Building Features: Built in 1928 and designed by Rosario Candela, 1220 Park Avenue is one of Carnegie Hill’s most coveted full-service cooperatives, offering: Offering distinguished white glove full-time doorman service Live-in Resident Manager State-of-the-art fitness center Bicycle room, laundry facilities, and private storage included Pet-friendly policy 50% financing permitted 3% flip tax payable by the seller ## Property Details - **Property Type**: Co-op - **Beds**: 5 - **Baths**: 4 - **Rooms**: 12 - **Stories**: 17 - **Year Built**: 1930 - **Common Charges**: $12,197 / Monthly - **Listed On**: Oct 5, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Washer Dryer Install Allowed - Common On Floor - Common Area - In Unit - Eat-in Kitchen - Hardwood - Skyline ## Estimated Monthly Payment **$42,511 / month**, assuming a 20% down payment ($1,199,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $30,314 - **Common Charges**: $12,197 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 15 apartments at 1220 PARK Avenue have recorded sales since October 2021, the most recent for $3,800,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 8A (Apartment) | 3 | 3,000 | $3,800,000 | $1,267/ft² | June 18, 2026 | MLS | | SR-8 (Apartment) | — | — | $350,000 | — | June 2, 2026 | City record | | 6/7C (Apartment) | 4 | — | $5,250,000 | — | June 2, 2026 | MLS | | 9A (Apartment) | 3 | 3,200 | $5,495,000 | $1,717/ft² | October 1, 2025 | City record · MLS | | 7B (Apartment) | 5 | 4,000 | $8,495,000 | $2,124/ft² | August 18, 2025 | City record · MLS | | 13B (Apartment) | 5 | — | $8,950,138 | — | August 5, 2025 | City record · MLS | | 2A (Apartment) | 4 | 3,000 | $3,325,000 | $1,108/ft² | July 15, 2025 | City record · MLS | | 12D (Apartment) | — | — | $4,175,000 | — | July 2, 2025 | City record | | 16PHB (Apartment) | 6 | 6,000 | $13,000,000 | $2,167/ft² | March 20, 2025 | City record · MLS | | 11A (Apartment) | 5 | 3,200 | $4,900,000 | $1,531/ft² | August 8, 2024 | City record · MLS | | 9A (Apartment) | 3 | 3,200 | $5,247,500 | $1,640/ft² | May 10, 2023 | City record | | 15C (Apartment) | 5 | 4,200 | $8,500,000 | $2,024/ft² | January 19, 2023 | City record · MLS | | MAISB (Apartment) | 6 | — | $5,800,000 | — | October 4, 2022 | City record · MLS | | 1415A (Apartment) | 5 | — | $8,000,000 | — | June 13, 2022 | City record · MLS | | 7D (Apartment) | 4 | — | $3,450,000 | — | November 18, 2021 | City record · MLS | 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**: $5,995,000 - **Median sold price**: $8,495,000 - **Difference**: -$2,500,000 (-29.4%) - **Median $/ft²**: $2,024 - **Comparable sales**: 5 - **Sales from**: June 2022 – August 2025 - **Middle half of those sales**: $8,000,000 – $8,500,000 Based on five-bedroom sales at 1220 PARK Avenue. ### How these sales were negotiated - **Sale-to-list price**: 94.2% (5 sales) - **Sold below asking**: 80% (5 sales) - **Typical time to find a buyer**: 98 days (4 sales) - **Typical time to close**: 80 days (4 sales) Based on five-bedroom sales at 1220 PARK Avenue 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 June 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 1220 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1220-park-avenue) ## Price and Property History for 1220 Park Avenue, Unit 12B Review the recorded listing activity for 1220 Park Avenue, Unit 12B, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | October 3, 2026 | $5,995,000 | Returned to the market | | May 19, 2026 | $5,995,000 | Entered contract | | April 28, 2026 | $5,995,000 | Returned to the market | | October 10, 2025 | $5,995,000 | Asking price reduced by $505,000, or 7.8% | | March 12, 2025 | $5,995,000 | Listed for sale by Compass | | March 11, 2025 | $6,750,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 56 apartments. The corporation’s 2026 property tax bill was $3,318,768 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 1220 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1220-park-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1220 PARK Avenue Carnegie Hill · Stock Cooperative 1220 PARK Avenue, New York, NY 10128 A building in Carnegie Hill, currently featuring 1 active listing. - **Year Built**: 1930 - **Active Units**: 1 - **Floors**: 17 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1220-park-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1220-park-avenue-12b-ny-10128) | 5 | 4 | — | — | $5,995,000 | Compass | Oct 5, 2026 | 1 days | | [13D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1220-park-avenue-d-13D-ny-10128) | 3 | 3 | — | — | $4,999,000 (-4.8%) — In contract | Corcoran Group | Oct 7, 2025 | 364 days | ## 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 - [1220 PARK Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1220-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.