---
title: "71 Park Avenue #3B, New York City, NY 10016"
description: "71 Park Avenue #3B, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $2,495,000. 3 bed, 2 bath, 1,579 sqft Illustrative Buyer Commission Share of $37,425 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/71-park-avenue-3b-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-17T18:45:44.965Z"
status: "Active"
---

# 71 Park Avenue #3B, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Sothebys International Realty

Last updated: September 17, 2026, 2:45 PM

## At a Glance

- **Listing Price**: $2,495,000
- **Beds**: 3
- **Baths**: 2
- **Sqft**: 1,579
- **Common Charges**: $3,702 / mo
- **Monthly Taxes**: $1,712 / mo
- **Price per Sqft**: $1,580
- **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**: $2,495,000
- **Illustrative Buyer Commission Share**: -$37,425*
- **Illustrative Net Cost**: $2,457,575

*Illustrative Buyer Savings of $37,425 — 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)

![71 Park Avenue #3B, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3791e935-0de3-48e5-969d-566d30ced7d4.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f018959-71bb-4814-8ca7-faddaf3ed2c1.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ffd0e0c-ed7a-41cb-9592-e3e8a4cbdf4d.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0256c7a3-5484-4e89-bd89-3e5d2ee916b6.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fbf6d8d2-50a2-41ff-ac49-8ca57f27a604.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/479de4b1-95dd-4b4f-bc0f-9ee87ad46d71.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1791e12-7c5b-4670-bc77-aaa9afcf7099.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cb5cfcb2-cdae-4ef2-ac3f-3eb05c4d0b6b.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84976291-5371-4551-88ff-b832f350f704.jpg)
![71 Park Avenue #3B, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d073cf5-ffc8-4da1-9f49-4d9e68a04d55.jpg)

## Property Overview

A true rarity, 71 Park Avenue combines the elegance of a prewar residence with the flexibility of condo ownership, and unit 3B also has the added advantage of 50 feet of prime Park Avenue frontage. The living room, two bedrooms and primary bathroom all look out onto the trees and artwork of Lower Park. Such a special and rare asset in Manhattan!

With 9'3" ceilings, hardwood floors, an open kitchen and beautifully proportioned rooms throughout, it is difficult to replicate. The expansive living room is oversized with Western exposures to Park Avenue and a charming woodburning fireplace that currently has a custom-made electric insert for ease while entertaining. Speaking of entertainment, the apartment is fully equipped with a built-in Polk audio speaker system and an abundance of room for a dining table of any size. The windowed open kitchen is huge, outfitted with a premium suite of appliances, including a Wolf convection oven and cooktop, Sub-Zero refrigerator, Asko dishwasher, and a U-Line wine refrigerator.

The king-sized primary suite is a private sanctuary, complete with three closets (two being walk-ins!) and a luxurious windowed en-suite bath. The bathroom includes a soaking tub, waterfall shower head, double vanity, and abundant natural light from the Park Avenue-facing window. The second bedroom is just as big as the primary suite, also with Park Avenue views and multiple closets. In its own hallway area, you will find the washer/dryer, and then the well-appointed third bedroom with high ceilings and oversized window. The thoughtfully designed second bathroom is windowed as well and features a step-in shower with frameless glass enclosure. There are through-the-wall air conditioning units in every room, and the apartment also comes with its own storage cage in the basement.

71 Park Avenue is a full-service luxury condominium located on Park Avenue between 38th and 39th Streets. Built in 1924 by Walker and Gillette, this intimate prewar building is perfectly boutique, consisting of only 43 apartments. Amenities include full-time doormen, laundry facilities, a bike room, furnished outdoor space on the ground floor and storage lockers (one which transfers with the sale of the apartment).

Located on Lower Park, this location is the absolute perfect place for those who want proximity to Grand Central or who need access to the Upper East Side but still want to be “downtowners”. Why make concessions on your home when you can live a few blocks away and get EVERYTHING?

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Baths**: 2
- **Rooms**: 6
- **Sqft**: 1,579 sqft
- **Stories**: 13
- **Year Built**: 1924
- **Price per Sqft**: $1,580
- **Common Charges**: $3,702 / Monthly
- **Monthly Taxes**: $1,712 / mo
- **Listed On**: Sep 17, 2026
- **Days on Market**: 4 Days

### Residence Features

- Common On Floor
- Common Area
- Laundry Room
- In Unit
- Garage
- Hardwood
- City
- Park/Greenbelt

### Building Amenities

- Garage

## Estimated Monthly Payment

**$18,030 / month**, assuming a 20% down payment ($499,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $12,616
- **Property Taxes**: $1,712
- **Common Charges**: $3,702

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

## Sales and market data

### Recent sales

8 apartments at 71 PARK Avenue have recorded sales since September 2021, the most recent for $1,450,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [6B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/71-park-avenue-b-6B-ny-10016) (Apartment) | 2 | 1,076 | $1,450,000 | $1,348/ft² | September 8, 2026 | MLS |
| PHB (Apartment) | 1 | 700 | $925,000 | $1,321/ft² | March 20, 2026 | City record · MLS |
| 11B (Apartment) | 2 | 1,200 | $1,439,888 | $1,200/ft² | March 6, 2026 | City record · MLS |
| 10A-B (Apartment) | — | 2,162 | $3,400,000 | $1,573/ft² | February 3, 2026 | City record |
| 12A (Apartment) | 2 | 1,348 | $1,525,000 | $1,131/ft² | February 2, 2026 | City record · MLS |
| 3C (Apartment) | — | 1,087 | $925,000 | $851/ft² | December 22, 2025 | City record |
| 9C (Apartment) | 2 | 1,098 | $1,110,000 | $1,011/ft² | August 24, 2022 | City record · MLS |
| 4A (Apartment) | 2 | 1,100 | $1,225,000 | $1,114/ft² | January 13, 2022 | City record · MLS |

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**: $2,495,000
- **Median sold price**: $2,503,375
- **Difference**: -$8,375 (-0.3%)
- **This home, $/ft²**: $1,580
- **Median $/ft²**: $1,376
- **Comparable sales**: 16
- **Sales from**: September 2024 – May 2026
- **Middle half of those sales**: $1,995,000 – $3,445,000

Based on condo three-bedroom sales in Murray Hill.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Murray Hill instead.

### How these sales were negotiated

- **Sale-to-list price**: 93.6% (13 sales)
- **Sold below asking**: 85% (13 sales)
- **Typical time to find a buyer**: 158 days (15 sales)
- **Typical time to close**: 84 days (15 sales)

Based on condo three-bedroom sales in Murray Hill 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, condo and house three-bedroom sales in Murray Hill

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2018 | $2,160,500 | 10 |
| 2022 | $3,725,000 | 12 |
| 2024 | $3,119,838 | 12 |

Based on recorded condo and house three-bedroom sales in Murray Hill.

Sales data through September 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 71 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/71-park-avenue)

## Price and Property History for 71 Park Avenue, Unit 3B

Review the recorded listing activity for 71 Park Avenue, Unit 3B, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| September 17, 2026 | $2,495,000 | Listed for sale by Sothebys International Realty |
| August 17, 2026 | $2,495,000 | Listing removed from the market |
| May 25, 2026 | $2,495,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 71 Park Avenue #3B were $26,165 in 2026, up 4.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $234,678 | $17,209 | $217,469 | $209,321 | $26,165 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $217,501 | $17,209 | $200,292 | $200,193 | $25,024 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $215,423 | $17,209 | $198,214 | $198,719 | $24,840 | 12.5% |
| 2023 (FY 2023/24) | $195,568 | $17,209 | $178,359 | $195,568 | $16,054 after $8,396 abatement | 12.502% |
| 2022 (FY 2022/23) | $183,439 | $17,209 | $166,230 | $183,439 | $6,770 after $15,732 abatement | 12.267% |
| 2021 (FY 2021/22) | $189,042 | $17,209 | $171,833 | $189,042 | $6,917 after $16,212 abatement | 12.235% |
| 2020 (FY 2020/21) | $210,129 | $17,209 | $192,920 | $199,682 | $24,495 | 12.267% |
| 2019 (FY 2019/20) | $217,286 | $17,209 | $200,077 | $190,884 | $23,809 | 12.473% |
| 2018 (FY 2018/19) | $210,282 | $17,209 | $193,073 | $177,756 | $22,419 | 12.612% |
| 2017 (FY 2017/18) | $183,409 | $17,209 | $166,200 | $165,939 | $21,106 | 12.719% |
| 2016 (FY 2016/17) | $177,314 | $17,209 | $160,105 | $156,564 | $20,184 | 12.892% |
| 2015 (FY 2015/16) | $166,154 | $17,208 | $148,946 | $147,951 | $19,061 | 12.883% |
| 2014 (FY 2014/15) | $151,639 | $17,209 | $134,430 | $140,611 | $18,076 | 12.855% |
| 2013 (FY 2013/14) | $151,193 | $17,209 | $133,984 | $134,853 | $17,726 | 13.145% |
| 2012 (FY 2012/13) | $145,836 | $17,208 | $128,628 | $136,729 | $18,022 | 13.181% |
| 2011 (FY 2011/12) | $171,633 | $17,209 | $154,424 | $128,524 | $17,265 | 13.433% |
| 2010 (FY 2010/11) | $129,446 | $17,209 | $112,237 | $115,541 | $15,428 | 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.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1008941910. 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

### 71 PARK Avenue

Murray Hill · Condominium

71 PARK Avenue, New York, NY 10016

A building in Murray Hill, currently featuring 1 active listing.

- **Year Built**: 1924
- **Active Units**: 1
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/71-park-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/71-park-avenue-3b-ny-10016) | 3 | 2 | 1,579 sqft | $1,580 | $2,495,000 | Sothebys International Realty | Sep 17, 2026 | 4 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [6B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/71-park-avenue-b-6B-ny-10016) | 2 | 3 | 1,076 sqft | $1,348 | $1,450,000 | Compass | Mar 17, 2026 | Sep 8, 2026 |

## 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

- [71 PARK Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/71-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.