---
title: "45 PARK Avenue #501, New York City, NY 10016"
description: "45 PARK Avenue #501, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $2,300,000. 2 bed, 3 bath, 1,494 sqft Illustrative Buyer Commission Share of $34,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-501-ny-10016"
source: "Real Estate Rebate Team"
status: "Active"
---

# 45 PARK Avenue #501, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $2,300,000
- **Beds**: 2
- **Total Baths**: 3
- **Sqft**: 1,494
- **Common Charges**: $2,937 / mo
- **Price per Sqft**: $1,539
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $2,300,000
- **Illustrative Buyer Commission Share**: -$34,500*
- **Illustrative Net Cost**: $2,265,500

*Illustrative Buyer Savings of $34,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![45 PARK Avenue #501, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/29763dbb-b661-49de-a237-4f0d6d281b72.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f3b1ad8-124c-447d-90f5-399bf6253f64.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f34d18b5-aa6c-4474-85f7-c538b390afbe.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9a59fa0f-5453-4ec5-9408-0be52451fb52.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4006d088-1137-4822-a1d5-bfa958e3383f.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3f7cfff-40e5-4760-95f5-c9207b2ab59a.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2215908e-e71c-47b3-b6d9-1794bd0211ad.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d94c441-3ee0-4fe8-affc-cbb1823cd7c3.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00a3b7fd-b763-4030-9684-ed28f43f8cbd.jpg)
![45 PARK Avenue #501, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83c24fc9-0570-4971-8a47-b8a9c3c150ba.jpg)

## 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

- **Property Type**: Condominium
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 4
- **Sqft**: 1,494 sqft
- **Stories**: 20
- **Year Built**: 2006
- **Price per Sqft**: $1,539
- **Common Charges**: $2,937 / Monthly
- **Listed On**: Mar 25, 2026
- **Days on Market**: 171 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Building Courtyard
- Building Roof Deck
- Washer Dryer Allowed
- City

## Sales Evidence

### Recent closed sales

24 apartments at 45 Park Avenue have recorded sales since September 2021, the most recent for $1,055,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [1005](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-1005-ny-10016) (Apartment) | 1 | 676 | $1,055,000 | $1,561/ft² | August 11, 2026 | MLS |
| [304](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-304-ny-10016) (Apartment) | 1 | 913 | $1,320,000 | $1,446/ft² | July 20, 2026 | City record · MLS |
| 1506 (Apartment) | 1 | 859 | $1,500,000 | $1,746/ft² | May 26, 2026 | City record · MLS |
| 706 (Apartment) | 1 | 871 | $1,425,000 | $1,636/ft² | May 13, 2026 | City record · MLS |
| 202 (Apartment) | 1 | 958 | $1,200,000 | $1,253/ft² | April 6, 2026 | City record · MLS |
| 1904 (Apartment) | 1 | 970 | $1,650,000 | $1,701/ft² | July 29, 2025 | City record · MLS |
| 1801 (Apartment) | 2 | 1,519 | $2,450,000 | $1,613/ft² | May 29, 2025 | City record · MLS |
| 1803 (Apartment) | 1 | 812 | $1,395,000 | $1,718/ft² | March 24, 2025 | City record · MLS |
| 2104 (Apartment) | 1 | 970 | $1,600,000 | $1,649/ft² | January 6, 2025 | City record · MLS |
| 704 (Apartment) | 1 | 913 | $1,300,000 | $1,424/ft² | December 6, 2024 | City record · MLS |
| 1002 (Apartment) | 3 | 2,500 | $3,750,000 | $1,500/ft² | June 28, 2024 | City record · MLS |
| 1702 (Apartment) | 3 | 2,211 | $3,900,000 | $1,764/ft² | April 12, 2024 | City record |
| 1606 (Apartment) | 1 | 871 | $1,625,000 | $1,866/ft² | March 19, 2024 | City record |
| 602 (Apartment) | — | 920 | $1,375,000 | $1,495/ft² | October 23, 2023 | City record |
| PK1 (Apartment) | Studio | — | $150,000 | — | October 20, 2023 | City record · MLS |
| 303 (Apartment) | 2 | 1,440 | $2,025,000 | $1,406/ft² | May 30, 2023 | City record · MLS |
| 1201 (Apartment) | 2 | 1,494 | $2,200,000 | $1,473/ft² | March 22, 2023 | City record · MLS |
| 802 (Apartment) | 1 | 927 | $1,400,000 | $1,510/ft² | December 13, 2022 | City record · MLS |
| 405 (Apartment) | 1 | — | $999,000 | — | July 13, 2022 | City record · MLS |
| 705 (Apartment) | 1 | — | $1,025,000 | — | June 1, 2022 | City record · MLS |
| 402 (Apartment) | 1 | 927 | $1,435,000 | $1,548/ft² | May 12, 2022 | City record · MLS |
| 1903 (Apartment) | 1 | 812 | $1,350,000 | $1,663/ft² | March 11, 2022 | City record · MLS |
| 304 (Apartment) | 1 | 913 | $1,315,000 | $1,440/ft² | December 1, 2021 | City record · MLS |
| 1104 (Apartment) | 1 | 913 | $1,500,000 | $1,643/ft² | November 22, 2021 | City 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

The median closed price for comparable two-bedroom sales at 45 Park Avenue is $2,200,000, based on 3 sales between March 2023 and May 2025. This home is asking $2,300,000, $100,000 above that median. The middle half of those sales closed between $2,112,500 and $2,325,000.

- **Median closed price**: $2,200,000
- **Middle half**: $2,112,500 – $2,325,000
- **Based on**: 3 two-bedroom sales at 45 Park Avenue
- **Period**: March 2023 – May 2025
- **Median $/ft²**: $1,473/ft²

### How these sales were negotiated

- **Listed → in contract**: 144 days (about 21 weeks)
- **In contract → closed**: 80 days (about 11 weeks)

Half of these homes were in contract within 144 days (about 21 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 80 days (about 11 weeks), based on the 3 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 3 two-bedroom sales at 45 Park Avenue, March 2023 – May 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 45 Park Avenue, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,837/ft² | 5 |
| 2018 | $1,659/ft² | 5 |
| 2019 | $1,671/ft² | 9 |
| 2021 | $1,423/ft² | 8 |
| 2022 | $1,548/ft² | 5 |
| 2023 | $1,473/ft² | 4 (thin) |
| 2024 | $1,632/ft² | 4 (thin) |
| 2025 | $1,675/ft² | 4 (thin) |
| 2026 | $1,541/ft² | 4 (thin) |

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.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 45 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/45-park-avenue)

## 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 |
| --- | --- | --- |
| August 16, 2026 | $2,300,000 | Asking price reduced by $80,000, or 3.4% |
| May 29, 2026 | $2,380,000 | Asking price reduced by $100,000, or 4% |
| March 25, 2026 | $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 |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $250,617 | $66,749 | $183,868 | $239,993 | $29,999 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $247,501 | $66,749 | $180,752 | $236,115 | $29,514 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $242,699 | $66,749 | $175,950 | $233,850 | $29,231 | 12.5% |
| 2023 (FY 2023/24) | $239,833 | $66,749 | $173,084 | $236,454 | $29,561 | 12.502% |
| 2022 (FY 2022/23) | $234,248 | $66,749 | $167,499 | $234,248 | $28,735 | 12.267% |
| 2021 (FY 2021/22) | $231,225 | $66,749 | $164,476 | $231,225 | $28,290 | 12.235% |
| 2020 (FY 2020/21) | $256,910 | $66,749 | $190,161 | $241,699 | $29,649 | 12.267% |
| 2019 (FY 2019/20) | $264,986 | $66,749 | $198,237 | $235,869 | $29,420 | 12.473% |
| 2018 (FY 2018/19) | $237,434 | $66,749 | $170,685 | $219,950 | $24,375 | 12.612% |
| 2017 (FY 2017/18) | $240,097 | $66,749 | $173,348 | $219,065 | $24,491 | 12.719% |
| 2016 (FY 2016/17) | $218,337 | $66,750 | $151,587 | $216,554 | $21,213 | 12.892% |
| 2015 (FY 2015/16) | $218,471 | $66,750 | $151,721 | $220,038 | $21,467 | 12.883% |
| 2014 (FY 2014/15) | $185,409 | $66,750 | $118,659 | $223,470 | $18,165 | 12.855% |
| 2013 (FY 2013/14) | $206,587 | $66,749 | $139,838 | $207,935 | $17,758 | 13.145% |
| 2012 (FY 2012/13) | $201,152 | $66,750 | $134,402 | $208,930 | $14,632 | 13.181% |
| 2011 (FY 2011/12) | $209,355 | $66,750 | $142,605 | $195,305 | $14,546 | 13.433% |
| 2010 (FY 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.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 45 Park Avenue

Murray Hill · Condominium

45 PARK Avenue, New York, NY 10016

A building in Murray Hill, currently featuring 6 active listings.

- **Year Built**: 2006
- **Total Units**: 6
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/45-park-avenue)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [501](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-501-ny-10016) | 2 | 3 | 1,494 sqft | $1,539 | $2,300,000 (-3.4%) | Douglas Elliman Real Estate | Mar 25, 2026 | 171 days |
| [304](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-304-ny-10016) | 1 | 2 | 913 sqft | $1,446 | $1,320,000 (-4.7%) | Compass | Apr 9, 2026 | 156 days |
| [1005](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-1005-ny-10016) | 1 | 1 | 676 sqft | $1,561 | $1,055,000 (+5.5%) | Compass | May 7, 2026 | 128 days |
| [PH03](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-ph03-PH03-ny-10016) | 1 | 1 | 812 sqft | $1,786 | $1,450,000 | Douglas Elliman Real Estate | May 26, 2026 | 109 days |
| [2101](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/45-park-avenue-2101-ny-10016) | 2 | 3 | 1,519 sqft | $1,695 | $2,575,000 — In contract | Compass | May 28, 2026 | 107 days |
| [1206](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/45-park-avenue-1206-ny-10016) | 1 | 2 | 859 sqft | $1,746 | $1,500,000 — In contract | Corcoran Group | Jul 28, 2026 | 46 days |

## Estimated Monthly Payment

**$14,567 / month**, assuming a 20% down payment ($460,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $11,630
- **Common Charges**: $2,937

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [45 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/45-park-avenue)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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.