Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $589,000

· Closed May 30, 2024

16 PARK Avenue #5B
Looking for something similar?
Closed For Sale Co-op

$589,000

16 PARK Avenue #5B

Murray Hill, Manhattan

MLS® #RLS10962865

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1924
Ownership Co-op
Maintenance $2,128/mo
Neighborhood Murray Hill
Floor 5 of 17

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 17
View City
Exposure North,South
Cooling Other
Pets Yes
Year Built 1924
Structure Type HighRise
Basement Other
Parcel # 0864-0041-00016-000-000005B
Block/Lot 00864/0041

Description

MOTIVATED SELLER

The largest one-bedroom line in the building, Apt 5B is a spacious and bright residence nestled in a boutique full-service Co-op on the prestigious Park Avenue. Upon entering, you're greeted by a gracious foyer that leads to an airy living room with nearly 9' ceilings and architectural beams. The flexible layout accommodates a king-size bedroom, offering ample closet space throughout. The windowed eat-in-kitchen and bathroom with dual access add to the apartment's charm.

With only three units on this quiet floor, this classic building provides a full-time doorman, a delightful garden, laundry facilities, a storage room, a bike room, and a live-in superintendent. Whether you're seeking a full-time residence or a pied-a-terre, this apartment has it all! Guarantors and co-purchasers are welcome, subletting and pets are permitted, and there is no flip tax.

Enjoy the tranquility of this centrally located gem in Murray Hill, where the Neighborhood Association features world-renowned artwork beneath the famous Park Avenue cherry blossom trees. 16 Park Avenue is close to restaurants and shops, and a short walk to Madison Square Park, Bryant Park, Whole Foods, Fairway, and Trader Joe's. It's only one block from the subway and several buses, and is also just a few blocks from Grand Central, Penn Station, and the beautiful East River Esplanade and Walk, which includes the 34th Street Ferry.

There is a monthly assessment of $216.99 until July 2026 for Local Law 11.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Courtyard

Building Amenities

Green Building

Building Information

Total Units 63
Stories 17
Structure HighRise

Financial Details

Maintenance $2,128/mo
Original Price $645,000
Sale Price $589,000
Previous Price $645,000

Murray Hill offers a central Manhattan location with a surprisingly neighborhood-like feel. Known for its historic 'Sniffen Court' and a mix of mid-century high-rises and 19th-century townhouses, it is a popular choice for professionals seeking proximity to Grand Central and Midtown. The neighborhood is particularly well-regarded for offering a wide range of price points, from entry-level studio cooperatives to expansive luxury penthouses.

Murray Hill Live Market Data

View Neighborhood

Active Listings

231

Median Asking Price

$843K

Median $/Sqft

$1,224

Avg Days on Market

N/A

New This Week

25

Price Reduced

26%

Sold (30 Days)

23

Median Sale Price

$750K

Live data from RLS at REBNY • Updated 3/24/26, 5:38 PM EST

Similar Listings in Murray Hill

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Location

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16 PARK Avenue #5B, Murray Hill, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10962865
First Listed: 9/6/2023
On Market: 9/6/2023
Price Changed: 5/30/2024
Closed: 5/30/2024
Contract Date: 9/6/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Norhana Ariffin

Listing Contact: (212) 381-2249

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 9:38 PM UTC

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