---
title: "7 PARK Avenue #56, New York City, NY 10016"
description: "7 PARK Avenue #56, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $525,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $7,875 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-56-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-10-05T18:24:56.524Z"
status: "Active"
---

# 7 PARK Avenue #56, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Bank Neary Inc

Last updated: October 5, 2026, 2:24 PM

## At a Glance

- **Listing Price**: $525,000
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,968 / mo
- **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**: $525,000
- **Illustrative Buyer Commission Share**: -$7,875*
- **Illustrative Net Cost**: $517,125

*Illustrative Buyer Savings of $7,875 — 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)

![7 PARK Avenue #56, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee3b5476-18d2-43e3-96b9-e128877cd616.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/285875b9-4555-4193-a51f-56fee0f53043.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e989e389-d9c7-4fc4-8ec8-327625d1fd32.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f2b3357-9ab3-4fe7-8688-65529ceceacf.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18d5c555-ece5-4a14-be19-edff8552ee94.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6ea06620-f19d-4494-9b94-4ae2e68a7f91.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/395cc655-9179-493d-b5b3-99e93d4c18ac.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a4bfda5e-36a0-4195-8009-d5d9c2a0c434.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2972f3d-d91d-4185-a488-0c0abba1161e.jpg)
![7 PARK Avenue #56, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/627fba85-4589-4a7a-a4e4-bc4204a05def.jpg)

## Property Overview

Bright and generously proportioned, this prewar one-bedroom apartment features an expansive great room, two exposures, a windowed kitchen and bath, and central heat and air conditioning. The living/dining room flows directly into the windowed kitchen (with a view of the Chrysler Building), creating a substantial space with ample room for distinct living and dining areas.

The entry hall leads past the bedroom and bath to the main living space, with two closets along the way. The good-sized bedroom has a large south-facing window, a generous closet, and a new HVAC unit.

Designed by Emery Roth, this distinguished prewar cooperative retains much of its original Art Deco character, particularly in its handsome lobby with richly veined marble, terrazzo, brass detailing, and a coffered ceiling. The building has a 24-hour doorman and full-time superintendent, along with central laundry, a roof deck, and waitlisted storage. Pets and pied-à-terres are permitted, subletting is allowed subject to the cooperative's rules, and financing up to 75% is permitted.

The location puts excellent dining, culture, and shopping close at hand, with contemporary Korean cooking at Moono in Koreatown, Sicilian specialties at Norma, and Vietnamese at Nom Nam. The Morgan Library, Scandinavia House, and Dover Street Market are also within easy reach. The 6 train is just one block away, and Grand Central Terminal, Penn Station, and the Midtown Tunnel are all nearby.

Assessment $213.49 per month. Furnished images are virtually staged. Kitchen and bath images are virtually renovated.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 22
- **Year Built**: 1930
- **Common Charges**: $1,968 / Monthly
- **Listed On**: Oct 5, 2026
- **Days on Market**: 1 Days

### Residence Features

- Building Other
- City

## Estimated Monthly Payment

**$4,623 / month**, assuming a 20% down payment ($105,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,655
- **Common Charges**: $1,968

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

## Sales and market data

### Recent sales

34 apartments at THE SEVEN PARK AVEN have recorded sales since October 2021, the most recent for $1,875,000 in March 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 8A9AB (Apartment) | 4 | — | $1,875,000 | — | March 26, 2026 | City record · MLS |
| 15B (Apartment) | — | — | $329,000 | — | November 19, 2025 | City record |
| 9G (Apartment) | Studio | — | $425,000 | — | October 23, 2025 | City record · MLS |
| 66 (Apartment) | 1 | — | $505,000 | — | October 9, 2025 | City record · MLS |
| 23 (Apartment) | — | — | $535,000 | — | September 19, 2025 | City record |
| 12B (Apartment) | Studio | 450 | $410,000 | $911/ft² | May 7, 2025 | City record · MLS |
| 9J (Apartment) | Studio | 450 | $385,000 | $856/ft² | February 20, 2025 | City record · MLS |
| 43 (Apartment) | 1 | 700 | $575,000 | $821/ft² | November 19, 2024 | City record · MLS |
| [121](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-121-ny-10016) (Apartment) | 1 | 800 | $640,000 | $800/ft² | October 8, 2024 | City record · MLS |
| 85/86 (Apartment) | 2 | 1,200 | $875,000 | $729/ft² | March 21, 2024 | City record · MLS |
| 8B (Apartment) | 1 | 875 | $410,000 | $469/ft² | February 22, 2024 | City record |
| 83 (Apartment) | — | — | $580,000 | — | February 1, 2024 | City record |
| 93 (Apartment) | 1 | — | $595,000 | — | September 21, 2023 | City record · MLS |
| 17-AB (Apartment) | 2 | — | $1,150,000 | — | August 1, 2023 | City record · MLS |
| 12G (Apartment) | Studio | 605 | $455,000 | $752/ft² | June 26, 2023 | City record · MLS |
| 10-H (Apartment) | Studio | — | $377,000 | — | June 14, 2023 | City record · MLS |
| 15-D (Apartment) | 1 | 850 | $601,500 | $708/ft² | June 14, 2023 | City record · MLS |
| 156 (Apartment) | 1 | — | $587,000 | — | May 17, 2023 | City record · MLS |
| 9F (Apartment) | — | — | $420,000 | — | April 24, 2023 | City record |
| 3I (Apartment) | — | — | $405,000 | — | March 21, 2023 | City record |
| 10-C (Apartment) | Studio | — | $425,000 | — | December 1, 2022 | MLS |
| 162 (Apartment) | Studio | — | $375,000 | — | October 4, 2022 | City record · MLS |
| 9-D (Apartment) | 1 | 700 | $585,000 | $836/ft² | June 30, 2022 | City record · MLS |
| 19A (Apartment) | — | — | $600,000 | — | June 28, 2022 | City record |
| 3H (Apartment) | — | — | $393,000 | — | June 15, 2022 | City record |
| 19B (Apartment) | 1 | — | $562,500 | — | May 19, 2022 | City record · MLS |
| 54 (Apartment) | — | — | $475,000 | — | May 6, 2022 | City record |
| 4F (Apartment) | Studio | 500 | $475,000 | $950/ft² | February 7, 2022 | City record · MLS |
| 11-F (Apartment) | Studio | — | $525,000 | — | February 1, 2022 | City record · MLS |
| 10H (Apartment) | Studio | — | $410,000 | — | December 30, 2021 | City record · MLS |
| 10A (Apartment) | 1 | 900 | $585,000 | $650/ft² | November 19, 2021 | City record |
| 121 (Apartment) | 1 | — | $675,000 | — | November 12, 2021 | City record · MLS |
| 20C (Apartment) | Studio | 510 | $465,000 | $912/ft² | November 4, 2021 | City record · MLS |
| 2H (Apartment) | — | — | $387,500 | — | October 26, 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

- **This home**: $525,000
- **Median sold price**: $585,000
- **Difference**: -$60,000 (-10.3%)
- **Comparable sales**: 11
- **Sales from**: November 2021 – October 2025
- **Middle half of those sales**: $568,750 – $598,250

Based on one-bedroom sales at THE SEVEN PARK AVEN.

Square footage is recorded for only 6 of these 11 sales (55%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### How these sales were negotiated

- **Sale-to-list price**: 91.4% (5 sales)
- **Sold below asking**: 100% (5 sales)
- **Typical time to find a buyer**: 162 days (9 sales)
- **Typical time to close**: 68 days (9 sales)

Based on one-bedroom sales at THE SEVEN PARK AVEN with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op one-bedroom sales in Murray Hill

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $695,000 | 16 |
| 2017 | $697,500 | 74 |
| 2018 | $668,944 | 62 |
| 2019 | $660,000 | 55 |
| 2020 | $600,000 | 27 |
| 2021 | $586,250 | 84 |
| 2022 | $585,000 | 90 |
| 2023 | $640,000 | 75 |
| 2024 | $635,000 | 65 |
| 2025 | $599,500 | 64 |
| 2026 YTD | $660,000 | 37 |

Based on recorded co-op one-bedroom sales in Murray Hill. 2026 is year-to-date.

Sales data through March 2026.

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 THE SEVEN PARK AVEN](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-seven-park-aven)

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 236 apartments. The corporation’s 2026 property tax bill was $2,986,526 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for THE SEVEN PARK AVEN](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-seven-park-aven)

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

## About The Building

### THE SEVEN PARK AVEN

Murray Hill · Stock Cooperative

7 PARK Avenue, New York, NY 10016

A building in Murray Hill, currently featuring 3 active listings.

- **Year Built**: 1923
- **Active Units**: 3
- **Floors**: 22

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

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [56](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-56-ny-10016) | 1 | 1 | — | — | $525,000 | Bank Neary Inc | Oct 5, 2026 | 1 days |
| [18BC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-18bc-ny-10016) | 2 | 2 | — | — | $2,595,000 | Compass | Sep 10, 2026 | 26 days |
| [2-D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-2d-ny-10016) | 1 | 1 | — | — | $600,000 | City Connections Realty Inc | Sep 11, 2026 | 25 days |
| [10B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-10b-ny-10016) | Studio | 1 | — | — | $399,000 (-6.1%) — In contract | Compass | Jun 12, 2026 | 116 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [121](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-121-ny-10016) | 1 | 1 | 800 sqft | $800 | $640,000 | Douglas Elliman Real Estate | Feb 20, 2024 | Oct 8, 2024 |

## 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

- [THE SEVEN PARK AVEN — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-seven-park-aven)
- [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.