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983 Park Ave #12C, New York, NY, 10028

4beds
5baths
--sqft
$6,150,000
--price/sqft
$36,295/moest. monthly cost
$1,451,800/yrincome needed

About This Home

For the first time in over 75 years, this grand 9 room home with stunning renovations throughout, is now on the market. From a semi-private landing, the door opens to a 24' gallery, a most gracious introduction to this superb layout that offers beautifully proportioned rooms and 10' ceilings. Straight ahead is the grand living room which opens to an equally grand formal dining room thereby creating a seamless flow for the most sophisticated of entertaining spaces or, quite simply, an incredibly generous space for daily living. Just beyond, is an oversized kitchen, spectacular in every way, from large center island, marble countertops, top-of-the-line appliances, abundant storage, and a custom-designed banquette and home office area. No detail was overlooked. Privately situated on the opposite side of the residence is the bedroom wing comprised of four generously scaled bedrooms, each with jumbo walk in closets and built-ins. A separate fifth bedroom and bath, discreetly located off the kitchen, offers exceptional versatility for staff, guests or a home office. This residence is beautifully maintained and further enhanced by marvelous light through its southern and eastern exposures. Classic pre-war details such as refined moldings and beautiful herringbone hardwood floors add warmth and character to every room. Additional aspects include wood burning fireplace, cove lighting, dedicated laundry room and abundant customized closets and storage. Built in 1927 and designed by the esteemed architectural firm Schwartz & Gross, this premier Park Avenue cooperative is celebrated for its stunning lobby and level of service. Residents enjoy 24-hour doorman, live-in resident manager, highly attentive staff, state-of-the-art fitness center, half-court basketball court, bike room, common laundry, and private storage. Pets are welcome. Financing up to 50% is permitted, and flip tax is payable by the purchaser.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
84
BikeVery Bikeable

Schools

10/10
Ps 6 Lillie D BlakeGrades PK-50.1 mi
8/10
Jhs 167 Robert F WagnerGrades 6-80.5 mi
9/10

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Property

Details

  • Parcel number: 01512000112C
  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hurricane
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $31,097$373,164
Home Insurance *$1,314$15,768
Property Taxes $3,638$43,656
Electricity $246$2,954
Total$36,295$435,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,244,400/yr
40% on housing$1,088,850/yr
45% on housing$967,866/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10028$1,811
New York County$1,487

vs Homes Sold Last Month

Median $/sqft

ZIP 10028$2,311
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-02Price change$6,150,000
2026-04-22Listed for sale$6,800,000

For Sale by Agent

AgentRhea F Stein
BrokerageBrown Harris Stevens

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