RealtyLens
for saleRealtyLens property overview
$3,995,000

875 Park Ave # 1C1D

New York, NY, 10075
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2Beds
4Baths
4,000Sqft
$999$/sqft

Listing Notes

Available for sale, Suite 1B1C at 875 Park Avenue is located on the ground floor of a luxury pre-war co-op building positioned between East 77th and East 78th Street. Offering a private street entrance on Park Avenue, this Upper East Side live/work medical office encompasses approximately 4, 000 square feet. The medical layout includes a welcoming waiting room with a fireplace feature, a dedicated reception, three exam rooms, four consultation offices, an administrative office, a QUAD-A accredited operating room, a recovery room, a laboratory, a nurses' station, a staff lounge, and two restrooms. The residential portion of the unit includes a primary bedroom with an en-suite, a second bedroom, one full bathroom, one half bathroom, a kitchen, a living room, and a laundry room. Also available for purchase are two lower-level maids' rooms for additional storage or auxiliary office space. MR3 features 170 SF, while MR10 features 180 SF. Operating room support systems are currently located in MR10. Additional highlights include dual access via Park Avenue and the residential lobby, three-zone central air conditioning within the medical portion, and a HEPA filter for the operating room. This suite is wired for a security system and features speakers throughout the medical portion. 875 Park Ave is easily accessible by public transportation via the 4 and 6 trains at 77th St as well as Upper East Side bus routes. The building is just two blocks from Lenox Hill Hospital and proximate to Mount Sinai, NYC Health + Hospitals, HSS, New York Presbyterian, and Memorial Sloan Kettering. 75% financing permitted for medical practice.

Market Insights

Below nearby median-57%

$999/sqft vs a nearby median of $2328/sqft.

Nearby median$2328/sqft
Nearby properties8
Property size4,000 sqft
  • -57% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,000 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$9.92M$9.28M$11M · 76% confidence
vs ask $4.00M−$5.92M (−148.2%)

Asking price is about 148.2% below the fair value — likely to draw competing offers if it's still on market.

$2,339/sqft median across 7 tight comps × 4,000 sqft= $9.36M
  • Transit access+$374k +4.0%
  • Pre-war character+$234k +2.5%
  • Visible condition issues−$47k −0.5%
Cumulative NYC adjustments+$561k+6.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-57% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
20 days
Last price change
No change recorded
Listed
Apr 22, 2026
Photos
24 photos
Property type
coop
Status
for sale

Features & Amenities

Central AirDoormanElevatorFireplaceTwo Or More StoriesEnsuiteOfficeDenGame RoomMedicalcare

Photos

Building Facts

Year built
1912
Stories
13
Total units
50
Residential units
46
Building area
3.64 ac
Lot size
15,300 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,995,000for sale

Public Records

DOB violations1 open

57 total recorded against the building

HPD violations1 open

2 total recorded

ACRIS documents83

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)5,219

Top: heat/hot water

Top complaint types in ZIP 10075

  • HEAT/HOT WATER573
  • Illegal Parking533
  • Noise313
  • Street Condition306
  • Noise - Residential210

Recent DOB

  • Apr 30, 2019V*-DOB VIOLATION - DISMISSED · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
  • Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
  • Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
  • Feb 24, 2017V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • Oct 26, 2016Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Sep 16, 1992Class A · § 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISSING.

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.