Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $765,000

· Closed August 18, 2025

575 PARK Avenue #1508
Closed For Sale Co-op

$765,000

575 PARK Avenue #1508

Lenox Hill, Manhattan

The Beekman

MLS® #RLS20024932

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1928
Ownership Co-op
Maintenance $7,909/mo
Neighborhood Lenox Hill
Floor 15 of 15

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 2 Full
Floor 15 of 15
View City
Exposure East,North
Cooling Other
Pets Yes
Year Built 1928
Structure Type HighRise
Basement Other
Parcel # 1397-0069-00575-000-0001508
Block/Lot 01397/0069

Listing History

Event Date Price Change
Listed May 19, 2025 $850,000 -
Currently May 29, 2026 $765,000 -10.0%

Description

Welcome to Residence 1508, a gracious and light-filled home in The Beekman , a distinguished white-glove cooperative designed by esteemed architect George F. Pelham in 1927. Set within a striking Italian Renaissance-style building, this residence enjoys hotel-style living with exceptional amenities including a 24-hour doorman and concierge, valet services, weekday maid service, and an on-site fitness center.

This elegant pre-war 2-bedroom, 2-bathroom apartment is rich in architectural detail and classic charm. A welcoming 16-foot gallery opens into a beautifully scaled living room featuring herringbone floors, high-beamed ceilings, and sun-drenched southern exposures. A conveniently located coat closet adds ease and function.

The corner primary bedroom is a serene retreat, bathed in natural light from its southeast exposure. It offers three spacious closets and an en-suite bathroom. The second bedroom, currently configured as an office, features a large east-facing window, ample closet space, and a private bath.

The windowed kitchen is well-appointed with generous cabinetry, ample counter space, and an in-unit washer/dryer for added convenience. Throughout the home, oversized windows frame striking city views and fill the space with light.

With a 101-year extension on the land lease, this residence presents an enduring investment opportunity. Pied-a-terre, corporate ownership, trusts, and international buyers are welcome.

Situated in the heart of the Upper East Side, The Beekman places you moments from Central Park, Madison Avenue, and Museum Mile. Enjoy world-class shopping and dining, with Bergdorf Goodman, Bloomingdale's, and acclaimed restaurants just blocks away. Residents also enjoy exclusive access to on-site dining at the celebrated Cafe Boulud-ideal for refined brunches, private events, and gourmet dinners.

Don't miss the chance to own a piece of New York history. Schedule your private showing today and discover the refined lifestyle that awaits at Residence 1508 at The Beekman.

Capital Assessment: $351/month

Flip Tax: 4%

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Concierge Elevators

Building Information

Building The Beekman
Building Data View Compliance & Permits
Total Units 110
Stories 15
Structure HighRise

Financial Details

Maintenance $7,909/mo
Original Price $850,000
Sale Price $765,000
Previous Price $850,000
Land Lease Yes

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

651

Median Asking Price

$1.35M

Median $/Sqft

$1,455

Avg Days on Market

N/A

New This Week

35

Price Reduced

32%

Sold (30 Days)

39

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 5/29/26, 10:47 AM EST

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Location

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575 PARK Avenue #1508, Lenox Hill, New York County

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
16
Floors
119
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $29,810,250
Land Value: $5,355,000
Exemptions: $0

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

Lot Area: 14,219 SF
Building Area: 202,841 SF
Built FAR: 14.27
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 monthly maintenance are $7,909 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1928, making it approximately 98 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. 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: RLS20024932
First Listed: 5/19/2025
On Market: 5/19/2025
Price Changed: 8/19/2025
Closed: 8/18/2025
Contract Date: 5/19/2025

Listing Courtesy of Douglas Elliman Real Estate - Steven J Kramer

Listing Contact: (516) 445-5509

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 5/29/2026 at 2:47 PM UTC

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