Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 Park Avenue #3C

For Sale · Listing by Compass

525 Park Avenue #3C

Lenox Hill, Manhattan

$2,500,000

Interested in this property?
Active For Sale Condo

$2,500,000

$1,667 per sq ft

525 Park Avenue #3C

Lenox Hill, Manhattan

MLS® #RLS20110534

RLS at REBNY

Listing by Compass

2
Bedrooms
2
Baths
1,500
Sq. Ft.
1915
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,500 sq ft
Lot Size 9,941.58 sq ft
Year Built 1915
Ownership Condo
HOA/Common Charges $2,858/mo
Property Taxes $8,016/yr
Neighborhood Lenox Hill
Floor 3 of 15

Property Highlights

  • Exposure: South,West facing
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1915)

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 3 of 15
Exposure South,West
Pets Yes, CatsOk, DogsOk
Year Built 1915
Living Area 1,500 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 9,941.58 sq ft
Parcel # 1395-1255
Block/Lot 01395/7503

Listing History

Event Date Price Change
Listed Sep 9, 2026 $2,500,000 -
Currently Sep 10, 2026 $2,500,000 -

Description

Classic Park Avenue elegance and pre-war charm define this spacious two-bedroom, two-bathroom corner residence at the distinguished 525 Park Avenue Condominium. Accessed via a semi-private vestibule, the home features soaring ceilings over 10 feet, beautiful hardwood floors, and abundant natural light. Its coveted corner position and Park Avenue exposure lend the apartment an airy, elegant feel, while generous room proportions and classic architectural details reflect the scale and character of its pre-war origins. Thoughtfully laid out for both comfortable living and entertaining, the residence features a gracious living room and a separate formal dining room, an increasingly rare and desirable feature. The spacious layout provides a wonderful sense of separation between the entertaining and private areas of the home, while two well-proportioned bedrooms and two full bathrooms offer comfortable and flexible living. This special residence presents an exceptional opportunity to create a sophisticated home in one of the Upper East Side's most desirable locations. Building permits in-unit W/D and through-the-wall/central AC with board approval. Designed in 1915 by the renowned architectural firm Schwartz & Gross in the Italian Palazzo style, 525 Park Avenue is one of Park Avenue's premier full-service condominiums. Residents enjoy white-glove amenities including a 24-hour doorman, concierge, live-in resident manager, and private storage. Perfectly positioned at the corner of Park Avenue and 61st Street, the building is moments from Central Park, Madison Avenue shopping, acclaimed restaurants, Museum Mile, and convenient transportation options. Flexible ownership permits financing, LLCs, and trusts. Purchaser to pay a working capital contribution equal to one month's common charges and one month's real estate taxes. Weekend showings are not permitted.

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood Fireplace (1)

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 48
Stories 15
Structure HighRise

Financial Details

Common Charges $2,858/mo
RE Taxes $8,016/yr ($668/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

468

Median Asking Price

$1.37M

Median $/Sqft

$1,497

Avg Days on Market

N/A

New This Week

69

Price Reduced

32%

Sold (30 Days)

79

Median Sale Price

$1.32M

Live data from RLS at REBNY • Updated 9/10/26, 9:46 AM EST

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Location

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525 Park Avenue #3C, Lenox Hill, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
15
Floors
48
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $17,872,652
Land Value: $4,807,351
Exemptions: $2,230

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

Lot Area: 9,942 SF
Building Area: 100,554 SF
Built FAR: 10.11
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 $2,858 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $8,016, or roughly $668 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 1,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 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.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,500,000 for 1,500 sq ft, the asking price per square foot is approximately $1,667. 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: RLS20110534
First Listed: 8/21/2026
On Market: 9/9/2026
Contract Date: 8/19/2026

Listing Courtesy of Compass - Sophia Elghanayan

Listing Contact: (917) 216-4779

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 9/10/2026 at 1:46 PM UTC

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Lenox Hill Market Update

79 sales last 30 days · $1.37M median · 5.9 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 3 of 15
Year Built 1915
First Listed 8/21/2026
Living Area 1,500 sqft
Common Charges $2,858/mo
Annual Tax $8,016

Monthly Costs Estimate

Down Payment 20%

$500,000

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 $2,858
Est. Taxes $668
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 $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$31,250

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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