Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
515 Park Avenue #5A

For Sale · Listing by Sothebys International Realty

515 Park Avenue #5A

Lenox Hill, Manhattan

$5,995,000

Interested in this property?
Active For Sale Condo

$5,995,000

$2,379 per sq ft

515 Park Avenue #5A

Lenox Hill, Manhattan

MLS® #RLS10989473

RLS at REBNY

Listing by Sothebys International Realty

3
Bedrooms
3.5
Baths
2,520
Sq. Ft.
1998
Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,520 sq ft
Lot Size 6,025.2 sq ft
Year Built 1998
Ownership Condo
HOA/Common Charges $4,837/mo
Property Taxes $24,228/yr
Neighborhood Lenox Hill
Floor 5 of 42

Property Highlights

  • Views: See Remarks

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full, 1 Half
Floor 5 of 42
View See Remarks
Pets Yes
Year Built 1998
Living Area 2,520 sq ft
Structure Type HighRise,MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 6,025.2 sq ft
Parcel # 1394-1064
Block/Lot 01394/7501

Listing History

Event Date Price Change
Listed Apr 24, 2024 $5,995,000 -
Price Reduced Sep 13, 2024 $6,250,000 +4.3%

Description

Welcome to Apartment 5A at 515 Park Avenue, a testament to luxurious living, where the elegance of a bygone era meets contemporary sophistication. Upon entering, you're greeted by the exquisite herringbone floors, their light stain signaling a modern touch within a space designed with prewar inspiration. The expansive layout of this residence, a three-bedroom, 2.5-bathroom home features generously proportioned rooms and high ceilings. These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue. This home's heart lies in the chef’s kitchen, a culinary dream equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. The oversized entry gallery that connects the bedrooms, each with en-suite bathrooms, emphasizes privacy and flow. The formal living and dining rooms, alongside a generous library, are illuminated by oversized windows, making this apartment an ideal space for entertainment or relaxation. Further elevating the residence are recent upgrades that include fine woodwork, individual climate control, and wiring for surround-sound stereo systems. The apartment also features a discreet half bath for guests, an in-unit laundry room with washer/dryer, and a kitchen with a service entrance and direct elevator access, encapsulating the essence of thoughtful and luxurious design. 515 Park Avenue, designed by Frank Williams & Associates, is a post-modern condo building that seamlessly integrates the Italian Renaissance-palazzo style with modern amenities and services. Residents benefit from white-glove service, including full-time doormen, concierges, and valets, as well as access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, and a tranquil library. The exclusivity extends to private, climate-controlled wine cellars and individual storage rooms, with only 30 apartments across 43 stories, ensuring a unique and intimate living experience. Situated in a serene yet convenient location close to the Midtown Business District, this apartment is moments away from renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options readily available. The living room’s views of Central Park provide a serene backdrop, encapsulating the ultimate New York City living experience. Apartment 5A at 515 Park Avenue isn’t just a residence; it’s a sanctuary within the city, offering a lifestyle of unparalleled luxury and convenience.

Features & Amenities

Interior Features

Common On Floor Common Area In Unit Flooring: Hardwood

Building Amenities

Concierge Elevators Fitness Center

Building Information

Building Data View Compliance & Permits
Total Units 57
Stories 42
Structure HighRise,MultiFamily

Financial Details

Common Charges $4,837/mo
RE Taxes $24,228/yr ($2,019/mo)
Previous Price $6,250,000

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

497

Median Asking Price

$1.50M

Median $/Sqft

$1,500

Avg Days on Market

N/A

New This Week

13

Price Reduced

47%

Sold (30 Days)

20

Median Sale Price

$870K

Live data from RLS at REBNY • Updated 8/3/26, 3:43 AM EST

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Location

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515 Park Avenue #5A, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1998
Year Built
28 years old
42
Floors
57
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $24,181,056
Land Value: $7,224,751
Exemptions: $0

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

Lot Area: 6,025 SF
Building Area: 139,973 SF
Built FAR: 23.23
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 $4,837 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $24,228, or roughly $2,019 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,520 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1998, making it approximately 28 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. Additional notes: Pets Allowed.

At the current list price of $5,995,000 for 2,520 sq ft, the asking price per square foot is approximately $2,379. 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: RLS10989473
First Listed: 4/24/2024
On Market: 4/24/2024
Price Changed: 9/13/2024
Contract Date: 4/24/2024

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 8/3/2026 at 7:43 AM UTC

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Lenox Hill Market Update

20 sales last 30 days · $1.50M median · 24.9 months supply

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Quick Facts

Status Active Type Condo Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 5 of 42
Year Built 1998
First Listed 4/24/2024
Living Area 2,520 sqft
Common Charges $4,837/mo
Annual Tax $24,228

Monthly Costs Estimate

Down Payment 20%

$1,199,000

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 $4,837
Est. Taxes $2,019
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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