Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $720,000

· Closed October 28, 2025

50 PARK Avenue #5B
Closed For Sale Co-op

$720,000

50 PARK Avenue #5B

Murray Hill, Manhattan

50 Park Avenue

MLS® #RLS20017690

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1940
Ownership Co-op
Maintenance $1,599/mo
Neighborhood Murray Hill
Floor 5 of 17

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Character: Pre-war building (1940)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 17
View City
Exposure North,West
Pets Yes
Year Built 1940
Structure Type HighRise
Basement Other
Parcel # 0867-0033-00050-000-000005B
Block/Lot 00867/0033

Listing History

Event Date Price Change
Listed Apr 21, 2025 $730,000 -
Currently May 7, 2026 $720,000 -1.4%

Description

New to the market - A beautifully renovated and quiet one-bedroom, one-bath home in a full-service Park Avenue pre-war building. The very spacious foyer has a coat closet, and leads to the large living room boasting two exposures: two windows to the west and a large picture window facing north. Original architectural details have been preserved in the herringbone wood flooring and high beamed ceilings, while more recent built-ins blend perfectly in the space. The windowed kitchen has been renovated with custom cabinets, granite countertop, and stainless steel appliances. A separate hall with two large closets leads to the bedroom. This room also features a double exposure with windows facing west and north. The adjacent bathroom has a large stand-up shower and is in mint condition. The home features oversized Tilt-n-Turn windows, through-the-wall AC and lots of closets.

Designed by George F. Pelham and completed in 1940, 50 Park Avenue is an extremely well run co-op with excellent financials. Ideally located on the corner of 38th Street, it neighbors the 19th-century Union League Club and Pierpont Morgan Library & Museum, while Grand Central and Bryant Park are just a few blocks away. There is a full-time doorman and live-in resident manager. Amenities include a beautifully maintained and furnished roof deck with views of the Chrysler and Empire State Buildings, a laundry room, bike room, and storage. 70% financing is allowed, as are pied-a-terre purchases. Pets are welcome.


Features & Amenities

Interior Features

Dining Area Building Other

Exterior Features

Building Roof Deck

Building Amenities

Elevators Storage

Building Information

Building 50 Park Avenue
Building Data View Compliance & Permits
Total Units 131
Stories 17
Structure HighRise

Financial Details

Maintenance $1,599/mo
Original Price $730,000
Sale Price $720,000
Previous Price $730,000

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

260

Median Asking Price

$840K

Median $/Sqft

$1,224

Avg Days on Market

N/A

New This Week

14

Price Reduced

33%

Sold (30 Days)

18

Median Sale Price

$780K

Live data from RLS at REBNY • Updated 5/7/26, 11:59 AM EST

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Location

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

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
17
Floors
131
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $14,638,500
Land Value: $1,840,500
Exemptions: $130,849

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 10,751 SF
Building Area: 127,089 SF
Built FAR: 11.82
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,599 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1940, making it approximately 86 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20017690
First Listed: 4/21/2025
On Market: 4/21/2025
Price Changed: 10/28/2025
Closed: 10/28/2025
Contract Date: 4/21/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Roger Gillen

Listing Contact: (212) 967-5073

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 5/7/2026 at 3:59 PM UTC

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