875 Park Avenue, #11B, New York (Upper East Side), NY, 10075 | $7,500,000

Perfection on Park!

Welcome to 875 Park Avenue, an exceptional, high-floor residence in one of Park Avenue's most coveted white-glove pre-war cooperatives. This rare, front facing nine room home featuring four rooms overlooking the iconic avenue offers an unparalleled combination of scale, light, and timeless sophistication crafted for the most discerning luxury buyer.

A semi-private landing opens to a grand entrance gallery immediately setting a tone of understated elegance. Beyond, a magnificent expanse of living and dining space unfolds, perfectly suited for both intimate gatherings and large scale entertaining. A beautifully appointed library and a separate powder room further enhance the home's gracious layout. The west facing windows bathe the interiors in luminous natural light while framing picturesque views of Park Avenue's storied treetops and iconic Central Park. An outlook synonymous with classic New York prestige.

The expansive east facing kitchen is both refined and highly functional, featuring dual oversized windows, extensive cabinetry and the rare convenience of an in-residence washer and dryer seamlessly blending beauty with modern living.

Privately situated, the bedroom wing offers a tranquil retreat with four generously proportioned bedrooms. The primary suite enjoys direct Park Avenue views and features an elegant en-suite bath with double vanities.

Throughout the home, exquisite original pre-war details have been thoughtfully preserved including rich hardwood floors and classic architectural elements that lend a sense of heritage and refinement.

Built in 1912 and designed by the esteemed architectural firm of George and Edward Blum, 875 Park Avenue stands at the southeast corner of 78th Street and represents the pinnacle of Upper East Side living. Residents enjoy impeccable white-glove service including full-time doormen, live-in superintendent, fitness center, private storage and a bicycle room.

Set along the Gold Coast of the Upper East Side, this distinguished cooperative permits pied-à-terre ownership and welcomes pets. A 2% flip tax is paid by the buyer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 13
  • Amenities: Bike Room; Fitness Room; Laundry Room; Common Storage;
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Other
  • Year Built: 1912
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: RLS20081171
  • Days on Market: 93 days
  • Website: https://www.raveis.com
    /prop/RLS20081171/875parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

875 Park Avenue, #11B, New York (Upper East Side), NY, 10075

$7,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,000,000 $6,000,000 $6,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,067 $35,973 $50,631
Total Monthly Payment $34,192 $36,098 $50,756

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.