




1035 Park Ave #Penthouse, New York, NY, 10028
About This Home
Crowning 1035 Park Avenue, this full-floor Park Avenue penthouse unfolds onto expansive wraparound terraces from every principal room, creating a rare sense of light, privacy, and seamless indoor-outdoor living. Perched on a quiet corner in a prime Upper East Side location, this penthouse enjoys abundant sunlight and open views. This home was completely rebuilt, undergoing a structural and aesthetic reinvention. The scope of work was extensive and transformative, elevating nearly every aspect of the property with a focus on detail and quality. One of the most distinctive architectural features is the reinforced roof, allowing for seven commercial-grade skylights, filling the space with natural light and allowing for open, column-free entertaining. Significant additional capital improvements include new insulation, fresh stucco, custom copper detailing, curated exterior lighting, upgraded pavers, and refined balustrades, all contributing to the home's rare level of finish, functionality, and enduring value. A private elevator opens directly into a skylit foyer, where French doors lead effortlessly onto the terrace. The natural flow of the living spaces supports both comfortable everyday living and large-scale hosting. The sun-flooded living room, centered around a wood-burning fireplace, is both warm and expansive, with seamless access outdoors and a discreet wet bar with Sub-Zero wine storage. The formal dining room sits just beyond, connecting to a chef's kitchen with custom cabinetry, stone and marble surfaces, an oversized skylit island, and top-tier appliances including an 8-burner range and Sub-Zero refrigerator. An adjoining media room and separate service entrance add convenience and flexibility. The private bedroom wing offers two tranquil bedroom suites, each with direct terrace access. The primary suite features a walk-in closet and a skylit onyx bathroom with a soaking tub, rain shower, and radiant heated floors. An elegant powder room, central air conditioning, vented washer/dryer, and integrated sound system complete this exceptional residence. Built in 1926, 1035 Park Avenue is a distinguished full-service cooperative offering a full-time doorman, live-in resident manager, fitness center, bike room, laundry, and private storage. The building is pet-friendly, with 50% financing permitted and a 2% flip tax payable by the purchaser. Select images have been virtually staged to showcase the extraordinary possibilities of this elegant Park Avenue penthouse. The residence's architecture remains entirely unchanged; only decorative elements such as paint, furnishings, and window treatments have been added, demonstrating how effortlessly a refined and sophisticated look can be realized. The maintenance includes basic cable, and there is an assessment of $622.61/month (no expiration at this time).
Getting Around
Schools
Construction
Condition
- Year built: 1926
Type & Style
- Home type: Cooperative
- Property subType: Coop
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
- Fireplace features: Wood Burning
- Fireplace: Yes
Interior Area
- Total structure area: 0
Property
Details
- Special condition: Resale
Features
- Patio & porch: Deck
- Exterior features: Private Roof Deck
- Has view: Yes
- View description: City,Skyline
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
- 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 | $21,995 | $263,940 |
| Home Insurance * | $929 | $11,148 |
| Property Taxes | $2,573 | $30,876 |
| Electricity | $246 | $2,954 |
| Total | $25,743 | $308,916 |
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 |
|---|---|---|
| 2026-05-12 | Contingent | $4,495,000 |
| 2026-04-29 | Price change | $4,495,000 |
| 2026-03-18 | Listed for sale | $4,750,000 |
| 2026-02-15 | Listing removed | $4,750,000 |
| 2026-01-28 | Price change | $4,750,000 |
| 2025-12-15 | Price change | $4,975,000 |
| 2025-11-22 | Price change | $5,050,000 |
| 2025-10-29 | Price change | $5,450,000 |
| 2025-10-10 | Price change | $5,950,000 |
| 2025-09-08 | Price change | $6,150,000 |
| 2025-06-27 | Price change | $6,450,000 |
| 2025-06-06 | Price change | $6,900,000 |
| 2025-05-22 | Price change | $7,200,000 |
| 2025-05-14 | Price change | $7,900,000 |
| 2025-04-24 | Listed for sale | $8,850,000 |
