Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

565 PARK Avenue #4W

Pending · Listing by Corcoran Group

565 PARK Avenue #4W

Lenox Hill, Manhattan

$3,985,000

Interested in this property?
Pending For Sale Co-op

$3,985,000

565 PARK Avenue #4W

Lenox Hill, Manhattan

MLS® #RLS20045199

RLS at REBNY

Listing by Corcoran Group

3
Bedrooms
3
Baths
N/A
Sq. Ft.
1913
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1913
Ownership Co-op
Maintenance $8,162/mo
Neighborhood Lenox Hill
Floor 4 of 13

Property Highlights

  • Views: City
  • Exposure: West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 4 of 13
View City
Exposure West
Pets Yes
Year Built 1913
Structure Type HighRise
Basement Other
Parcel # 1397-0004-00565-000-000004W
Block/Lot 01397/0004

Listing History

Event Date Price Change
Listed Sep 2, 2025 $4,195,000 -
Currently Aug 3, 2026 $3,985,000 -5.0%

Description

Classic Park Avenue Elegance - 7 Room Prewar Gem 565 Park Avenue, Residence 4W Offered in Move-In Condition 3 Bedrooms 3 Bathrooms Staff Room/Office Full-Service Prewar Co-op Perfectly positioned on Manhattan's prestigious Upper East Side, this elegant and sun-flooded 7-room home offers timeless sophistication in a full-service prewar cooperative designed by renowned architect Robert T. Lyons for Bing & Bing in 1912. Ideally situated at the corner of Park Avenue and 62nd Street, Residence 5W features four major rooms with sweeping western exposures overlooking Park Avenue. Originally a classic 8, the current layout offers 2 bedrooms, 3 full bathrooms, a wood-paneled library (convertible to a 3rd bedroom), a staff room/home office, and a windowed eat-in kitchen. The home is in excellent move-in condition and showcases classic prewar architectural details: high ceilings, parquet oak flooring, oversized windows, crown moldings, and beautifully maintained original finishes. A semi-private elevator landing opens into a gracious foyer that leads into the impressive 22-foot living room with decorative fireplace, flanked by a richly paneled library and a spacious formal dining room-all with direct Park Avenue frontage, ideal for grand entertaining. The primary suite is a serene retreat, also facing Park Avenue, and features a wall of closets and a windowed en-suite bath. The private bedroom wing includes a third bedroom, two full bathrooms, and access to the library, which can easily be restored to its original bedroom configuration. The oversized, windowed eat-in kitchen features a full dining area, a vented washer/dryer, and a butler's pantry with access to a staff room/home office and third full bath. 565 Park Avenue is an intimate, white-glove cooperative with only 28 residences and two apartments per floor. Residents enjoy exceptional service including a 24-hour doorman, live-in resident manager, bicycle storage, laundry room, and private storage. Pets and pieds-à-terre are permitted. A 2% flip tax is paid by the purchaser. All of this just moments from Central Park, world-class shopping along Madison Avenue, acclaimed dining, and convenient transportation.

Features & Amenities

Interior Features

Separate Formal Dining Room Building None In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 29
Stories 13
Structure HighRise

Financial Details

Maintenance $8,162/mo
Original Price $4,195,000
Previous Price $4,195,000

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

496

Median Asking Price

$1.55M

Median $/Sqft

$1,514

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, 9:50 AM EST

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Location

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565 PARK Avenue #4W, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1913
Year Built
113 years old
13
Floors
28
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $8,052,750
Land Value: $1,975,500
Exemptions: $2,290

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

Lot Area: 6,274 SF
Building Area: 66,745 SF
Built FAR: 10.64
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 $8,162 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1913, making it approximately 113 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 Milton Coste 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: RLS20045199
First Listed: 9/2/2025
On Market: 9/2/2025
Price Changed: 11/19/2025
Pending Since: 5/21/2026
Contract Date: 9/2/2025

Listing Courtesy of Corcoran Group - Meredith Verona

Listing Contact: (917) 991-0820

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 1:50 PM UTC

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Lenox Hill Market Update

20 sales last 30 days · $1.55M median · 24.8 months supply

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Quick Facts

Status Pending Type Co-op Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 4 of 13
Year Built 1913
First Listed 9/2/2025
Maintenance $8,162/mo

Monthly Costs Estimate

Down Payment 20%

$797,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $8,162
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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