Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
502 Park Avenue #5G

For Sale · Listing by Sothebys International Realty

502 Park Avenue #5G

Lenox Hill, Manhattan

$3,250,000

Interested in this property?
Active For Sale • Condo

$3,250,000

$2,098 per sq ft

502 Park Avenue #5G

Lenox Hill, Manhattan

Trump Park Avenue

MLS® #RLS20112645

RLS at REBNY

Listing by Sothebys International Realty

2
Bedrooms
2
Baths
1,549
Sq. Ft.
1927
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,549 sq ft
Lot Size 14,058.8 sq ft
Year Built 1927
Ownership Condo
HOA/Common Charges $3,180/mo
Property Taxes $19,380/yr
Parking Garage
Neighborhood Lenox Hill
Floor 5 of 31

Property Highlights

  • Views: City, Skyline
  • Exposure: East,South facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full
Floor 5 of 31
View City, Skyline
Exposure East,South
Pets Yes
Year Built 1927
Living Area 1,549 sq ft
Parking Garage Available
Parking Features Garage, Valet
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 14,058.8 sq ft
Parcel # 1374-1141
Block/Lot 01374/1141

Listing History

Event Date Price Change
Listed Sep 28, 2026 $3,250,000 -
Currently Sep 29, 2026 $3,250,000 -

Description

Beautifully proportioned and set within one of Park Avenue's most distinguished full-service condominiums, this gracious two-bedroom, two-bathroom residence offers 1,549 square feet of refined, tranquil living in the heart of the Upper East Side. Generous room dimensions, 9-foot ceilings, elegant moldings, hardwood floors, and exceptional storage create a home that feels sophisticated yet remarkably comfortable. A welcoming foyer with abundant closet space introduces a thoughtfully designed layout in which the rooms flow naturally while retaining definition and privacy. The expansive living and dining room is equally suited to grand entertaining, intimate gatherings, and relaxed everyday living. Beautiful moldings and well-maintained hardwood floors lend timeless character, while generous wall space provides an ideal setting for displaying art. A concealed window behind one wall offers the potential for a future owner to restore an additional source of natural light. The separate kitchen is conveniently positioned just off the main living spaces and tucked behind French doors. It offers ample cabinetry, generous workspace, a full suite of appliances, and a full-size refrigerator. An in-unit washer and dryer add to the ease of daily living. The generously scaled primary bedroom features a spacious walk-in closet and en-suite bathroom, creating a comfortable, serene retreat. The second bedroom is equally well proportioned and is complemented by a full bathroom conveniently accessible to both the bedroom and guests. A linen closet and additional storage throughout further enhance the residence's functionality, along with a separate 33-square-foot storage unit which can be purchased separately. Perhaps one of the home's most appealing qualities is its remarkable tranquility. The residence is exceptionally quiet, providing a peaceful retreat from the energy of Manhattan while placing you at the center of one of its most coveted neighborhoods. Residents of 502 Park Avenue enjoy an exceptional level of service and security, including a 24-hour doorman, hotel-style concierge, resident manager, engineering staff, bike storage, and fitness center. The attentive staff and white-glove service create an experience more reminiscent of a five-star hotel than a traditional residential building. Just two blocks from Central Park and moments from Madison Avenue's celebrated shopping, world-class restaurants, museums, cultural destinations, and convenient transportation, the location offers an extraordinary combination of accessibility and quintessential Upper East Side living.

Features & Amenities

Interior Features

Entrance Foyer Common On Floor Common Area In Unit Flooring: Hardwood

Building Amenities

Bike Storage Cold Storage Common Lounge Concierge Elevators Fitness Center

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $3,180/mo
RE Taxes $19,380/yr ($1,615/mo)

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

633

Median Asking Price

$1.41M

Median $/Sqft

$1,526

Avg Days on Market

N/A

New This Week

20

Price Reduced

34%

Sold (30 Days)

80

Median Sale Price

$1.23M

Live data from RLS at REBNY • Updated 9/28/26, 11:20 PM EST

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Location

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502 Park Avenue #5G, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
31
Floors
122
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $52,833,603
Land Value: $9,720,004
Exemptions: $50,561

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

Lot Area: 14,058 SF
Building Area: 245,794 SF
Built FAR: 17.48
Allowed FAR: 10

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 common charges are $3,180 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $19,380, or roughly $1,615 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,549 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with Milton Coste.

At the current list price of $3,250,000 for 1,549 sq ft, the asking price per square foot is approximately $2,098. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20112645
First Listed: 9/4/2026
On Market: 9/28/2026
Price Changed: 9/28/2026
Contract Date: 9/3/2026

Listing Courtesy of Sothebys International Realty - Michael S Meier

Listing Contact: (917) 209-4300

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 9/29/2026 at 3:20 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Lenox Hill Market Update

80 sales last 30 days · $1.41M median · 7.9 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 5 of 31
Year Built 1927
First Listed 9/4/2026
Parking Garage
Living Area 1,549 sqft
Common Charges $3,180/mo
Annual Tax $19,380

Monthly Costs Estimate

Down Payment 20%

$650,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $3,180
Est. Taxes $1,615
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$48,750

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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