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Rent/Lease Apartment 960-962 Park Avenue
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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960-962 Park Avenue Property Overview
| Building Address: | 960-962 Park Avenue, New York NY 10028 |
| Building Alternate Address: | 960-962 Park Ave |
| Zip Code: | 10028 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 13 |
| Year Built: | 1915 |
| Building Class: | B |
960-962 Park Avenue, Manhattan, NYC
This property is located in the prestigious Upper East Side neighborhood of Manhattan, New York City. The building was constructed in 1915, although some sources suggest it may have been built earlier, as early as 1912.
Building Details
- Stories: 13
- Year Built: 1915 (or 1912)
- Units: 35
- Total Area: 112,078 square feet
- Lot Size: Approximately 0.27 acres (11,749 sq ft)
Historical Context
The building has a rich history, with early 20th-century architectural features. Its location on Park Avenue makes it part of the iconic Manhattan skyline.
Notable Sales and Assessments
A notable sale of this property occurred on July 21, 2021, for $2,150,000. The property's assessed market value is approximately $30,966,000 as of the 2024-25 tax year.
Neighborhood
Located in the Upper East Side, 960-962 Park Avenue is near several notable schools and public transportation hubs. The area is known for its upscale lifestyle and historic architecture.
960-962 Park Avenue is a multifaceted property located in Manhattan, New York City. It is situated on the Upper East Side, known for its prestige and historical architecture.
This address includes both residential and commercial spaces. The property was built in 1915 and features a mix of old-world charm and modern amenities.
The building is composed of a co-op with 13 stories and 30 apartments, offering layouts ranging from five to thirteen rooms. Some of these residences feature balconies overlooking Park Avenue and 82nd Street.
Commercially, a 4,300-square-foot office/medical suite is available, designed for various medical practices, including dermatology. This suite includes facilities like an AAAHC-accredited operating room, laboratory, recovery room, and administrative areas.
The location is convenient, accessible via multiple subway lines (4, 5, 6, N, Q, R) at 86th Street, as well as nearby bus routes. It is close to major medical centers such as Lenox Hill Hospital and Mount Sinai.
960-962 Park Avenue in Manhattan, NYC offers several building amenities, including:
- Central Air Conditioning
- Intercom System
- Access to the Building's Laundry Room
- Hardwood Floors
- Attached Garage Parking
960-962 Park Avenue, Manhattan, NYC: Office Tenants
This building, located in the prestigious Upper East Side, is primarily known for its residential units and a single office/medical condo unit. The property features a mix of residential and commercial spaces, with a notable medical suite ideal for various practices.
- Primary Use: Residential with a dedicated medical office/condo suite.
- Located near: Major transportation hubs (4, 5, 6, N, Q, and R trains) and prominent hospitals like Lenox Hill Hospital and Mount Sinai.
- Amenities: AAAHC-accredited operating room, laboratory, recovery room, and more, within the 4,300 SF medical suite.
- Year Built: 1915, with architectural features reflecting the early 20th century.
- Neighborhood: Known for upscale residences and cultural institutions.
Internet providers at 960-962 Park Avenue, Manhattan, NYC, include:
- Verizon Fios: Offers high speeds up to 2 Gbps, known for its reliability and customer service.
Additionally, Manhattan hosts a variety of other top internet providers, including ASTOUND Broadband Powered by RCN and Spectrum, though their availability may vary based on specific locations within the city.
960-962 Park Avenue is located on Manhattan's Upper East Side, offering excellent transportation options and accessibility.
Transportation Options:
- The building is easily accessible by public transportation via the 4, 5, 6, N, Q, and R trains at 86th Street.
- Upper East Side bus routes are also conveniently available.
Cross Streets:
- Located between East 77th Street and East 78th Street is not explicitly mentioned but it is situated on Park Avenue.
Proximity:
- Close to Lenox Hill Hospital and Mount Sinai.
Airports:
- Laguardia Airport is approximately 8.1 miles or a 19-minute drive.
- Newark Liberty International Airport is about 16.5 miles or a 26-minute drive.
- 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