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Rent/Lease Apartment 1021 Park Ave
For investors and tenants targeting the Upper East Side, 1021 Park Avenue represents a premier opportunity to secure a footprint in one of Manhattan’s most affluent residential corridors. This location offers unparalleled prestige and a built-in high-net-worth demographic, making it an ideal site for professional services or medical practices seeking long-term stability and high visibility. Positioned in a high-barrier-to-entry market, this asset provides a rare combination of architectural significance and strategic placement that ensures enduring value in the New York City commercial real estate landscape.
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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1021 Park Avenue Property Overview
| Building Address: | 1021 Park Ave, New York NY 10028 |
| Building Alternate Address: | 1021 Park Ave |
| Zip Code: | 10028 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 14 |
| Year Built: | 1929 |
| Building Class: | C |
1021 Park Avenue, located in the Carnegie Hill neighborhood of Manhattan, New York City, is a historic luxury apartment building designed by renowned architect Rosario Candela. Completed in 1929, it features a distinctive Tudor Revival style with a Gothic-style facade. The building has 14 stories plus a penthouse and is classified as an elevator apartment cooperative.
The property's history is intertwined with efforts by the Pinchot family to maintain the area's exclusivity. In the early 20th century, Amos R. E. Pinchot purchased land to prevent the construction of undesirable buildings, influencing the architectural landscape of Park Avenue.
Notably, the co-op board at 1021 Park Avenue has been selective in its approvals, famously rejecting Barbra Streisand as a potential resident in the late 1960s. The building underwent significant restoration in 2002, preserving its unique facade.
Today, 1021 Park Avenue remains a prestigious address, known for its historic charm and luxury living in one of Manhattan's most desirable neighborhoods.
1021 Park Avenue, Manhattan, NYC, is a prestigious address located in the Carnegie Hill neighborhood of the Upper East Side. This 14-story pre-war cooperative building was constructed in 1929 and features 27 residences. It is known for its elegant design, attributed to architects Rosario Candela and Kenneth M. Murchison, and was built by John and Joseph Campagna.
The building offers luxurious amenities, including a 24-hour doorman, a live-in resident manager, a fitness center, and central laundry facilities. It is pet-friendly and allows up to 50% financing. The property is situated near the Lexington Avenue and 86th Street subway station, providing easy access to public transportation.
1021 Park Avenue is a highly sought-after location due to its proximity to Central Park, top medical facilities, and the vibrant cultural scene of the Upper East Side. The building's cooperative structure and historic charm make it a desirable residence for those seeking a classic New York City living experience.
1021 Park Avenue offers the following building amenities:
- Full-Time Doorman
- 24-Hour Doorman and Live-in Resident Manager
- Gym/Fitness Center
- Laundry in Building
- Private Storage Included
- Pets Allowed
- Elevators
1021 Park Avenue, located in Manhattan's Upper East Side, is a 14-story pre-war co-op building constructed in 1929. It features 27 residential units and four commercial spaces. The building offers amenities such as a full-time doorman, elevators, a gym, laundry facilities, and central air conditioning. While specific details about office tenants are not readily available, the building's commercial spaces are part of its overall structure.
Internet Providers at 1021 Park Ave, Manhattan, NYC:
- Verizon Fios: Known for high speeds up to 2 Gbps and reliable service. Plans start at $49.99.
- Astound Broadband Powered by RCN: Offers cable and fiber services with unlimited data. Plans start at $20.
- Spectrum: Provides cable internet with speeds up to 1 Gbps. Plans start at $50.
1021 Park Avenue is located in the Upper East Side of Manhattan, NYC. The building is situated near several transportation options, including multiple subway lines and numerous bus routes, all within a short walking distance. The area is highly accessible, allowing easy commutes to various parts of the city.
The cross streets for 1021 Park Avenue are East 85th Street and East 86th Street.
The neighborhood offers a variety of amenities, including restaurants, shopping, and green spaces like Central Park. It is known for being family-friendly and safe, with good local schools and community facilities.
- Roberta Washington Architects leased 1,413 SF at 68 East 131st St
- New York State Office of… leased 51,659 SF at 55 West 125th St
- Gagosian Gallery leased 50,000 SF at 980 Madison Ave
- New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Ricky's NYC leased 5,180 SF at 55 West 125th St
- Rebecca Taylor leased 4,338 SF at 980 Madison Ave
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
- Claire's Boutique leased 2,214 SF at 210 East 86th St
- United Parcel Service leased 2,100 SF at 1735 Park Ave
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service