45 PARK Avenue #501, New York City, NY 10016
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From $2,380,000 on
Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Elegant 2 bedrooms, 2.5 baths unit at 45 Park Avenue condominium.
Apartment features bright North-West exposures with city & Park Avenue views, Juliet balconies, washer/dryer, high ceilings, and generous closet space.
Building offers 24 hour doorman & concierge service, gym, landscaped terrace and sundeck, resident's lounge, and on-site garage parking.
Property Details
Residence Features
Estimated Monthly Payment
Estimates only. Actual payments may vary. Confirm terms with your lender.
Sales and market data
Recent sales
25 apartments at 45 Park Avenue have recorded sales since October 2021, the most recent for $2,575,000 in September 2026. Prices are the figures recorded with the City, not asking prices.
| 2101Apartment | 2 | 1,519 | $2,575,000 | $1,695/ft² | September 25, 2026MLS |
|---|---|---|---|---|---|
| 1005Apartment | 1 | 676 | $1,055,000 | $1,561/ft² | August 7, 2026City record · MLS |
| 304Apartment | 1 | 913 | $1,320,000 | $1,446/ft² | July 20, 2026City record · MLS |
| 1506Apartment | 1 | 859 | $1,500,000 | $1,746/ft² | May 26, 2026City record · MLS |
| 706Apartment | 1 | 871 | $1,425,000 | $1,636/ft² | May 13, 2026City record · MLS |
| 202Apartment | 1 | 958 | $1,200,000 | $1,253/ft² | April 6, 2026City record · MLS |
| 1904Apartment | 1 | 970 | $1,650,000 | $1,701/ft² | July 29, 2025City record · MLS |
| 1801Apartment | 2 | 1,519 | $2,450,000 | $1,613/ft² | May 29, 2025City record · MLS |
| 1803Apartment | 1 | 812 | $1,395,000 | $1,718/ft² | March 24, 2025City record · MLS |
| 2104Apartment | 1 | 970 | $1,600,000 | $1,649/ft² | January 6, 2025City record · MLS |
| 704Apartment | 1 | 913 | $1,300,000 | $1,424/ft² | December 6, 2024City record · MLS |
| 1002Apartment | 3 | 2,500 | $3,750,000 | $1,500/ft² | June 28, 2024City record · MLS |
| 1702Apartment | 3 | 2,211 | $3,900,000 | $1,764/ft² | April 12, 2024City record |
| 1606Apartment | 1 | 871 | $1,625,000 | $1,866/ft² | March 19, 2024City record |
| 602Apartment | Bedroom count not recorded | 920 | $1,375,000 | $1,495/ft² | October 23, 2023City record |
| PK1Apartment | Studio | Square footage not recorded | $150,000 | No square footage recorded for this sale | October 20, 2023City record · MLS |
| 303Apartment | 2 | 1,440 | $2,025,000 | $1,406/ft² | May 30, 2023City record · MLS |
| 1201Apartment | 2 | 1,494 | $2,200,000 | $1,473/ft² | March 22, 2023City record · MLS |
| 802Apartment | 1 | 927 | $1,400,000 | $1,510/ft² | December 13, 2022City record · MLS |
| 405Apartment | 1 | Square footage not recorded | $999,000 | No square footage recorded for this sale | July 13, 2022City record · MLS |
| 705Apartment | 1 | Square footage not recorded | $1,025,000 | No square footage recorded for this sale | June 1, 2022City record · MLS |
| 402Apartment | 1 | 927 | $1,435,000 | $1,548/ft² | May 12, 2022City record · MLS |
| 1903Apartment | 1 | 812 | $1,350,000 | $1,663/ft² | March 11, 2022City record · MLS |
| 304Apartment | 1 | 913 | $1,315,000 | $1,440/ft² | December 1, 2021City record · MLS |
| 1104Apartment | 1 | 913 | $1,500,000 | $1,643/ft² | November 22, 2021City record |
Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.
How this price compares
- This home
- $2,300,000
- Median sold price
- $2,200,000
- Difference
- +$100,000 (+4.5%)
- This home, $/ft²
- $1,539
- Median $/ft²
- $1,473
- Comparable sales
- 3
- Sales from
- Mar 2023 – May 2025
Based on two-bedroom sales at 45 Park Avenue.
More market data
- Middle half of those sales
- $2,112,500 – $2,325,000
How these sales were negotiated
- Typical time to find a buyer
- 144 days
- Typical time to close
- 80 days
Based on two-bedroom sales at 45 Park Avenue with the required listing and closing data. Sample sizes vary by metric.
Price trend
Median price per square foot, sales at 45 Park Avenue
| Year | Median $/ft² | Sales |
|---|---|---|
| 2022 | $1,548/ft² | 5 |
| 2023 | $1,473/ft² | 4Thin |
| 2024 | $1,632/ft² | 4Thin |
| 2025 | $1,675/ft² | 4Thin |
| 2026 YTD | $1,561/ft² | 5 |
More market history
| Year | Median $/ft² | Sales |
|---|---|---|
| 2017 | $1,837/ft² | 5 |
| 2018 | $1,659/ft² | 5 |
| 2019 | $1,671/ft² | 9 |
| 2021 | $1,423/ft² | 8 |
Based on recorded sales at 45 Park Avenue. 2026 is year-to-date.
Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.
Sales data through September 2026.
Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.
Price and Property History for 45 PARK Avenue, Unit 501
Review the recorded listing activity for 45 PARK Avenue, Unit 501, including asking-price changes and prior market dates.
- Latest price change
- Reduced by $80,000, or 3.4%, on August 16, 2026
- Originally listed
- March 25, 2026 at $2,480,000
- Current asking price
- $2,300,000
| Date | Price | Listing event |
|---|---|---|
| $2,300,000 | Asking price reduced by $80,000, or 3.4% | |
| $2,380,000 | Asking price reduced by $100,000, or 4% | |
| $2,480,000 | Listed for sale by Douglas Elliman Real Estate |
Property Tax History
Taxes at 45 PARK Avenue #501 were $29,999 in 2026, up 1.6% from 2025.
| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $250,617 | $66,749 | $183,868 | $239,993 | $29,999 | 12.5%Estimated |
| 2025FY 2025/26 | $247,501 | $66,749 | $180,752 | $236,115 | $29,514 | 12.5%Estimated |
| 2024FY 2024/25 | $242,699 | $66,749 | $175,950 | $233,850 | $29,231 | 12.5% |
| 2023FY 2023/24 | $239,833 | $66,749 | $173,084 | $236,454 | $29,561 | 12.502% |
| 2022FY 2022/23 | $234,248 | $66,749 | $167,499 | $234,248 | $28,735 | 12.267% |
| 2021FY 2021/22 | $231,225 | $66,749 | $164,476 | $231,225 | $28,290 | 12.235% |
| 2020FY 2020/21 | $256,910 | $66,749 | $190,161 | $241,699 | $29,649 | 12.267% |
| 2019FY 2019/20 | $264,986 | $66,749 | $198,237 | $235,869 | $29,420 | 12.473% |
| 2018FY 2018/19 | $237,434 | $66,749 | $170,685 | $219,950 | $24,375 | 12.612% |
| 2017FY 2017/18 | $240,097 | $66,749 | $173,348 | $219,065 | $24,491 | 12.719% |
| 2016FY 2016/17 | $218,337 | $66,750 | $151,587 | $216,554 | $21,213 | 12.892% |
| 2015FY 2015/16 | $218,471 | $66,750 | $151,721 | $220,038 | $21,467 | 12.883% |
| 2014FY 2014/15 | $185,409 | $66,750 | $118,659 | $223,470 | $18,165 | 12.855% |
| 2013FY 2013/14 | $206,587 | $66,749 | $139,838 | $207,935 | $17,758 | 13.145% |
| 2012FY 2012/13 | $201,152 | $66,750 | $134,402 | $208,930 | $14,632 | 13.181% |
| 2011FY 2011/12 | $209,355 | $66,750 | $142,605 | $195,305 | $14,546 | 13.433% |
| 2010FY 2010/11 | $174,990 | $66,750 | $108,240 | $147,881 | $11,554 | 13.353% |
The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.
Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.
Figures are the New York City Department of Finance assessment roll for tax lot 1008921316. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.
About The Building
45 Park Avenue
45 PARK Avenue, New York, NY 10016
A building in Murray Hill, currently featuring 2 active listings.
Interested in 45 Park Avenue?
Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.
In the Neighborhood
Nearby Schools
* Distances are approximate line-of-sight metrics.
Map
Murray Hill
Overview of Murray Hill
Murray Hill is a charming, somewhat relaxed enclave on the East Side of Manhattan, spanning roughly from 34th to 40th Streets. Known for its recent college graduate population, it also boasts historic districts with stunning townhouses. For those seeking Murray Hill Manhattan real estate, the neighborhood usually offers more space for your money than its neighbors. Living in Murray Hill, Manhattan offers a residential vibe that feels distinct from the corporate towers of Midtown to the north. It is a mix of high-rise apartment complexes and tree-lined blocks of brownstones. As a popular Manhattan NYC neighborhood, it strikes a balance between a lively bar scene on Third Avenue and quiet, upscale living on Park Avenue.Real Estate & Housing Market
The market for homes for sale in Murray Hill is viewed as a value pocket in Manhattan. You can find everything from affordable post-war co-op studios to multi-million dollar historic townhouses in the Murray Hill Historic District. It attracts a wide demographic, from young finance professionals renting their first apartments to established families owning entire brownstones. The "Corinthian" and other condo towers offer full-service luxury living. The area is steady and reliable for investment, with strong rental demand from the nearby medical mile (NYU Langone) and UN workers. Prices here are generally more accessible than in Flatiron or Gramercy.Lifestyle & Community
The lifestyle in Murray Hill is social and active. The neighborhood is famous for its nightlife along Third Avenue, which is bustling with sports bars and restaurants. However, west of Lexington Avenue, the vibe transforms into one of quiet elegance, with carriage houses and diplomatic residences. Community amenities are strong, with the St. Vartan Park providing a local playground and sports courts. The proximity to Grand Central makes it a convenient choice for commuters, while the varied housing stock allows residents to "move up" within the neighborhood as they progress in their careers.Transportation & Accessibility
Murray Hill is well-served by transportation. The 4, 5, 6, 7, and S trains at Grand Central are a short walk away, as is the 33rd St station for the 6 train. The neighborhood is also a hub for the select bus service, making crosstown travel easier. Access to the Midtown Tunnel allows for quick escapes to Long Island and the airports. For daily commuting to Wall Street or Upper East Side, the Lexington Avenue line (4/5/6) is the lifeline of the neighborhood.Parks, Schools & Amenities
While green space is at a premium, St. Vartan Park is a beloved community hub. The East River Ferry at 34th Street is a game-changer, connecting residents to Brooklyn, Queens, and Wall Street via a scenic boat ride. The area is home to the Morgan Library & Museum, a cultural treasure. Amenities like Trader Joe’s, Fairway, and a plethora of gyms and dry cleaners cater to the busy professionals who live here.Who This Neighborhood Is Best For
Murray Hill is best for recent graduates and young professionals seeking a fun social scene ("Murray Hill" is often nicknamed "Curry Hill" for its Indian restaurants or associated with post-grad life). However, the historic district is ideal for those seeking townhouse living at a relative discount.
RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.