14 days on rocket

515 Park Ave Unit 5A, New York City, NY, 10022

$8,000,000

3 Bedrooms
3 Full Baths, 1 Partial
2,520 SqFt
$3,175/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Year Built1999
ViewPark
MLS #PRCH-7958170
StatusActive

About 515 Park Ave Unit 5A

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, originally a three-bedroom, 3.5-bathroom home now masterfully reimagined as a two-bedroom suite, 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.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Michael Meier
  • Agent Phone: (917) 209-4300

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Elevator, Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000
  • Price Per SqFt: $3,175/SqFt

HOA Fees:

  • Amount: $4837
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

515 Park Ave Unit 5A vs New York

14 DAYS ON ROCKET

-82 Days

$8,000,000

+$7.1M More

$3,175/SqFt

+$2.5K More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price and $2.5K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7958170

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Michael Meier
  • Agent Phone: (917) 209-4300

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/22/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$44.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-411389
10
/10
  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.28 miles

  • Public District Grades PK-3

school-card-donut-411390
9
/10
  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-411391
9
/10
  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,615. Typical income of New York, NY residents is $200k+ annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 Park Ave Unit 5A

What is the listing price of this property?

The listing price of 515 Park Ave Unit 5A property is $8,000,000.

What type of property is this?

The property 515 Park Ave Unit 5A is a condo located in New York City, New York, 10022.

Is this property for sale now?

Active Listing: 515 Park Ave Unit 5A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 515 Park Ave Unit 5A has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 515 Park Ave Unit 5A is 2,520 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 Park Ave Unit 5A is 1999.
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Rocket HomesNew YorkNew York10022515 Park Ave Unit 5A

This home is located at 515 Park Ave Unit 5A in New York City, NY and zip code 10022 in the Midtown East neighborhood. This 2,520 square foot home was built in 1999. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $8,000,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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