$295,000
$80K PRICE DROP

Estimated payment $8,456/month

Total Views 12,997
2 Beds
1 Bath
1,000 Sq Ft
$295 Price per Sq Ft

Highlights

  • River View
  • 3-minute walk to 86 Street (4,5,6 Line)
  • High-Rise Condominium
  • P.S. 6 Lillie D. Blake Rated A
  • North Facing Home

About This Home

Extraordinary opportunity to purchase a sizeable professional space for the incredibly low price of $375,000 with monthly maintenance of $6,603 (so just over $6.60 per sq ft per month). At approximately 1,000 square feet, Unit 1D asks the LOWEST price for any multi-room space on the entire Upper East Side, much less on exclusive Park Avenue!

1070 Park Avenue is one of the most sought after buildings in Carnegie Hill, a Landmarked Historic District recognized for its bucolic setting, attractive townhouses, elegant low-rise buildings, museums, and shops, proximity to beautiful Central Park Central Park and its unique sense of place. Located on the corner of 88th Street and Park Avenue, 1070 Park is the ideal spot for any professional practice, be it medical, legal, accounting, or business. With so much room, this could easily be home to a very special art gallery.

The space has been owned by a highly regarded and successful Columbia psychiatrist in New York for decades. Other practices one will find in this area and on the Upper East Side in general are those of other psychiatrists, therapists, plastic surgeons, dermatologists, dentists, and more. At this price, the shared or solo cost of purchasing and carrying this desirable space is far below that of renting commercial or residential space. Further, ownership gives one far more latitude for construction, use, and configuration to suit one's unique needs than does renting at the same time insulated the owner from the vicissitudes of the currently sky high rental market.

Unit 1D is prime real estate for medical, professional, or other commercial use (subject to Board approval.) Either on one's own or for a larger group, this is genuinely affordable, elegant, and ideally located space is a gem. Currently configured as two large offices, a large waiting area, a kitchen, and a bath with shower. The layout could easily altered to accommodate any practice. As reflected in the price, the unit needs updating; creating a special opportunity to make it one's own.

1070 Park is a full-service, white-glove building with a live-in super and gracious, friendly full-time staff, including a doorperson and porters. Two blocks from the 4/5/6 train. 50% financing is permitted.

Note can be converted to residential use.

Come see this unique and valuable offering soon!

Listing Agent

Marjorie MacLachlan

Brown Harris Stevens Residential Sales LLC License #10301213876 Listed on: 03/03/2025

Brown Harris Stevens Residential Sales LLC

Co-Listing Agent

Adrienne Berman

Brown Harris Stevens Residential Sales LLC License #10301206937

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1930

HOA Fees

  • $6,603 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • 1,000 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • North Facing Home
  • No Cooling

Community Details

  • 75 Units
  • High-Rise Condominium
  • 1070 Park Avenue Condos
  • Carnegie Hill Subdivision
  • 16-Story Property

Listing and Financial Details

  • Legal Lot and Block 0040 / 01499

Property Details

Home Type

Co-Op

Year Built

Built in 1930

Lot Details

0

HOA Fees

$6,603 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Entry Level: 1
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 16

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6603.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Zoning Description: R

Building Info

  • New Construction: No
  • Building Name: 1070 Park Avenue
  • Units: 75
  • Total Stories: 16
  • Year Built: 1930

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01499
  • Tax Lot: 0040

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $295,000 -21.3% $295 / Sq Ft
03/03/2025 03/03/25 For Sale $375,000 -- $375 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20006255

Real Estate Board of New York (REBNY)

APN: 620100-01499-0040-1-0-1D