




791 Park Ave #1C, New York, NY, 10021
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
Schools
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
- Cold Wave
- Earthquake
- Hurricane
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $887 | $10,644 |
| Electricity | $297 | $3,569 |
| Total | $8,980 | $107,760 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-15 | Price change | $1,550,000 |
| 2025-09-26 | Listed for sale | $1,880,000 |
| 2025-08-11 | Listing removed | $1,880,000 |
| 2025-03-03 | Listed for sale | $1,880,000 |
