The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$11,750,000
823 Park Ave Unit 5
Manhattan, NY, 10021
View more Manhattan, NY property pages5Beds
4.5Baths
4,184Sqft
$2808$/sqft
Market Insights
Above nearby median+63%
$2808/sqft vs a nearby median of $1718/sqft.
Nearby median$1718/sqft
Nearby properties12
Property size4,184 sqft
- +63% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,184 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$7.37M$6.71M – $8.03M · 50% confidence
vs ask $12M+$4.38M (+37.3%)
Asking price is about 37.3% above where comps + adjustments land — there is room to negotiate.
$1,718/sqft median across 6 tight comps × 4,184 sqft= $7.19M
- Transit access+$288k +4.0%
- Days-on-market gravity−$216k −3.0%
- Pre-war character+$180k +2.5%
- Virtually staged−$72k −1.0%
Cumulative NYC adjustments+$180k+2.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 979 days
- Last price change
- No change recorded
- Listed
- Sep 6, 2023
- Photos
- 18 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1911
- Stories
- 13
- Total units
- 11
- Residential units
- 11
- Building area
- 1.20 ac
- Lot size
- 6,000 sqft
- Land use
- Multi-family elevator buildings
- Building class
- R4
From NYC public records where available.
Price History
May 4, 2026Initial record
$11,750,000for sale