---
title: "7 Park Avenue #5B, New York, NY 10016"
description: "7 Park Avenue #5B, New York, NY 10016 — NYC real estate listing on Real Estate Rebate Team. Priced at $429,000. Est. potential buyer savings up to $10,725 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-b-5B-ny-10016"
source: "Real Estate Rebate Team"
---

# 7 Park Avenue #5B, New York, NY 10016

> **Listing Courtesy of:** Leven Real Estate

## Description

South-Facing Prewar Studio with Beautiful Modern Updates at 7 Park Avenue

Move right into this charming south-facing studio where thoughtful modern renovations blend seamlessly with classic prewar character. Beautifully updated throughout, the apartment features renovated flooring, a refreshed kitchen, and an updated bathroom, creating a turnkey home that requires minimal effort from its next owner. Original architectural details, including charming prewar arches, have been preserved, adding warmth and timeless appeal.

A welcoming entry foyer serves as a practical mudroom and transition space, leading to exceptional storage, especially for a studio. Two generously sized closets, including a walk-in closet, provide ample room to unload and stay organized before stepping into the versatile living area. The south-facing living space offers numerous layout possibilities for living, dining, sleeping, and working from home. Both the kitchen and bathroom feature their own windows, providing natural light and ventilation.

Located in the distinguished Emery Roth-designed 7 Park Avenue, residents enjoy white-glove service with a 24-hour doorman, concierge, roof deck, package room, and bike storage. Pied--terres and pets are welcome, and subletting is permitted after three years. A wonderful opportunity to enjoy classic Park Avenue living with many major updates already in place, where you can settle in comfortably and seamlessly make the space your own.

## Property Details

- **Price**: $429,000
- **Potential Buyer Rebate**: $10,725
- **Bedrooms**: 0
- **Bathrooms**: 1
- **Property Type**: Residential
- **Year Built**: 1930
- **Neighbourhood**: Murray Hill
- **Area / Borough**: Manhattan
- **Subdivision**: Murray Hill
- **Listing Office**: Leven Real Estate
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$10,725** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/murray-hill)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.