See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

791 Park Ave #1C, New York, NY, 10021

5beds
3baths
1,800sqft
$1,500,000
$833price/sqft
$8,980/moest. monthly cost
$359,200/yrincome needed

About This Home

HUGE PRICE REDUCTION — NOW $1.55M (Was $1.88M) | READY TO SELL Welcome to 791 Park Avenue — a rare opportunity to own a ground-floor commercial condominium with approved residential maisonette use in one of Manhattan’s most prestigious full-service cooperatives. This elegant space features a private Park Avenue entrance, offering both discretion and convenience. A gracious foyer with custom mahogany wainscoting sets the tone, leading to a well-appointed layout that currently includes a separate reception area, billing office, three oversized consultation rooms, three exam rooms, and two restrooms. Oversized windows with Park Avenue exposures bring in natural light and enhance the scale of the rooms, creating an exceptional environment for a medical or professional practice. The layout also lends itself to a seamless conversion into a luxury residential maisonette, with flexible room configurations and generous proportions. Currently configured as a cardiology practice, this is a turnkey medical office or a prime conversion opportunity for a bespoke residence with a private street-level entrance. Key Features: Approved for residential maisonette conversion Private Park Avenue entrance Ground-floor accessibility Oversized rooms with excellent natural light Flexible layout for medical, professional, or residential use Prestigious Park Avenue address A unique opportunity to create a custom residence or maintain a high-end professional space in a premier Upper East Side location.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
81
BikeVery Bikeable

Schools

8/10
Ps 6 Lillie D BlakeGrades PK-50.4 mi
8/10
Jhs 167 Robert F WagnerGrades 6-80.2 mi
6/10

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 0140800711C
  • Special condition: Resale

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
  • Earthquake
    EarthquakeModerate
  • 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
Earthquake
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 $7,584$91,008
Home Insurance *$212$2,544
Property Taxes $887$10,644
Electricity $297$3,569
Total$8,980$107,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$307,885/yr
40% on housing$269,400/yr
45% on housing$239,466/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

$833This listing

vs Other Active Listings

Avg $/sqft

ZIP 10021$3,149
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10021$1,696
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
2026-02-15Price change$1,550,000
2025-09-26Listed for sale$1,880,000
2025-08-11Listing removed$1,880,000
2025-03-03Listed for sale$1,880,000

For Sale by Agent

AgentRichard Naughtin
BrokerageRichard James Naughtin, LREB

Similar Homes