---
title: "737 PARK Avenue #5C, New York City, NY 10021"
description: "737 PARK Avenue #5C, New York City, NY 10021 — Lenox Hill, New York City, NY. Listing Price $8,400,000. 3 bed, 4 bath, 2,915 sqft Illustrative Buyer Commission Share of $126,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/737-park-avenue-c-5C-ny-10021"
source: "Real Estate Rebate Team"
status: "Active"
---

# 737 PARK Avenue #5C, New York City, NY 10021

Lenox Hill, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $8,400,000
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 2,915
- **Common Charges**: $4,767 / mo
- **Price per Sqft**: $2,882
- **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**: $8,400,000
- **Illustrative Buyer Commission Share**: -$126,000*
- **Illustrative Net Cost**: $8,274,000

*Illustrative Buyer Savings of $126,000 — 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)

![737 PARK Avenue #5C, New York City, NY 10021 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83d2752b-99f0-4fde-bdf4-5fb22f0439b1.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c862f558-7c1c-4836-9f0c-19b7e1a31098.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/622539be-e0c8-4ee6-855e-1b8d62aa0d87.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67f987a4-6e31-4e8a-a7f8-1c77b77fe176.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f95f2397-9a5a-4a91-a638-d3a4c9dd036c.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/017eb774-51f4-4a60-a95c-7713c928b90b.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35f7cb9a-a05c-4210-a590-09d38401ca50.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c1944eb6-f595-48aa-bf1e-87fba139719d.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfbee1b0-2447-4f30-8b25-ba1bd3f5811e.jpg)
![737 PARK Avenue #5C, New York City, NY 10021 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48cebdf1-c976-4ce3-867d-72908dfc5de9.jpg)

## Property Overview

Residence 5C at 737 Park Avenue offers a rare opportunity to own a beautifully modernized three-bedroom home within one of Park Avenue's most elegant pre-war condominium buildings. Positioned at the prized corner of Park Avenue and 71st Street, the apartment enjoys an impressive stretch of Park Avenue frontage with open southern city views.

  Encompassing approximately 2,915 square feet, the home is entered from a semi-private elevator landing into a welcoming gallery that introduces the apartment's generous scale and thoughtful layout. Beyond, an expansive living and dining space unfolds, flooded with natural light from oversized Park Avenue windows and designed to accommodate both large-scale entertaining and relaxed daily living.

  At the heart of the home is a striking open chef's kitchen, seamlessly integrated into the main living area. Anchored by a massive marble island with seating for four, the kitchen features Carrara marble countertops and backsplash, and a full suite of top-tier Miele appliances. This open configuration creates a natural gathering space and enhances the apartment's contemporary flow.

  A private bedroom corridor separates the public spaces from the sleeping quarters. The serene primary suite is generously proportioned and includes a custom dressing area and a luxurious marble bathroom with double vanities, a soaking tub, separate glass-enclosed shower, and heated floors. Two additional bedrooms are well-sized, each offering ample closet space and their own en-suite marble windowed bathrooms.

  The residence is completed by a discreet laundry area and an elegant powder room, thoughtfully positioned for guests.737 Park Avenue is a full-service condominium that delivers classic Park Avenue presence with modern flexibility. Building amenities include a 24-hour doorman, live-in resident manager, a skylit fitness center, children's playroom, landscaped garden room with catering kitchen and courtyard, and dedicated bicycle and stroller storage.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 6
- **Sqft**: 2,915 sqft
- **Stories**: 20
- **Year Built**: 1940
- **Price per Sqft**: $2,882
- **Common Charges**: $4,767 / Monthly
- **Listed On**: Jan 29, 2026
- **Days on Market**: 226 Days

### Residence Features

- Washer Hookup
- In Unit
- Washer Dryer Allowed
- City

## Sales Evidence

### Recent closed sales

18 apartments at 737 Park Avenue have recorded sales since September 2021, the most recent for $1,816,425 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [7F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/737-park-avenue-f-7F-ny-10021) (Apartment) | 2 | 1,629 | $1,816,425 | $1,115/ft² | August 31, 2026 | MLS |
| 10A (Apartment) | 3 | 2,254 | $3,500,000 | $1,553/ft² | June 25, 2026 | MLS |
| 4E (Apartment) | 2 | 1,552 | $3,650,000 | $2,352/ft² | April 8, 2026 | City record · MLS |
| 15E (Apartment) | 5 | 4,382 | $13,750,000 | $3,138/ft² | May 14, 2025 | City record · MLS |
| 9C (Apartment) | 3 | 2,915 | $8,175,000 | $2,804/ft² | June 27, 2024 | City record · MLS |
| 3G (Apartment) | 2 | 1,838 | $2,800,000 | $1,523/ft² | May 14, 2024 | City record · MLS |
| 2G (Apartment) | 2 | 1,828 | $3,600,000 | $1,969/ft² | March 7, 2024 | City record · MLS |
| 11E (Apartment) | 5 | 4,719 | $13,000,000 | $2,755/ft² | November 16, 2023 | City record · MLS |
| 16E (Apartment) | 4 | 3,845 | $11,200,000 | $2,913/ft² | September 11, 2023 | City record · MLS |
| 2-B (Apartment) | 3 | 2,563 | $5,741,719 | $2,240/ft² | April 19, 2023 | City record · MLS |
| 7A (Apartment) | 3 | 2,255 | $5,200,000 | $2,306/ft² | February 9, 2023 | City record · MLS |
| 5G (Apartment) | 2 | 1,828 | $3,800,000 | $2,079/ft² | November 30, 2022 | MLS |
| 20-A (Apartment) | 4 | 4,337 | $12,500,000 | $2,882/ft² | November 15, 2022 | City record · MLS |
| 18C (Apartment) | — | 2,922 | $6,634,875 | $2,271/ft² | May 20, 2022 | City record |
| 7B (Apartment) | 4 | 3,762 | $9,999,000 | $2,658/ft² | January 5, 2022 | City record |
| 12E (Apartment) | 5 | 4,719 | $12,750,000 | $2,702/ft² | November 15, 2021 | City record · MLS |
| 10F (Apartment) | 2 | 1,630 | $3,700,000 | $2,270/ft² | October 28, 2021 | City record · MLS |
| 4-C (Apartment) | 3 | 2,915 | $8,500,000 | $2,916/ft² | September 27, 2021 | 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

The median closed price for comparable three-bedroom sales at 737 Park Avenue is $6,958,360, based on 4 sales between September 2021 and June 2024. This home is asking $8,400,000, $1,441,640 above that median. The middle half of those sales closed between $5,606,289 and $8,256,250.

- **Median closed price**: $6,958,360
- **Middle half**: $5,606,289 – $8,256,250
- **Based on**: 4 three-bedroom sales at 737 Park Avenue
- **Period**: September 2021 – June 2024
- **Median $/ft²**: $2,555/ft²

### How these sales were negotiated

- **Listed → in contract**: 78 days (about 11 weeks)
- **In contract → closed**: 64 days (about 9 weeks)

Half of these homes were in contract within 78 days (about 11 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 64 days (about 9 weeks), based on the 4 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 4 three-bedroom sales at 737 Park Avenue, September 2021 – June 2024. 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 737 Park Avenue, 2017 to 2024. 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 | $3,217/ft² | 6 |
| 2018 | $3,097/ft² | 7 |
| 2021 | $2,578/ft² | 4 (thin) |
| 2022 | $2,658/ft² | 3 (thin) |
| 2023 | $2,530/ft² | 4 (thin) |
| 2024 | $1,969/ft² | 3 (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 737 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/737-park-avenue)

## Price and Property History for 737 PARK Avenue, Unit 5C

Review the recorded listing activity for 737 PARK Avenue, Unit 5C, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $400,000, or 4.5%, on April 24, 2026
- **Originally listed**: January 29, 2026 at $8,800,000
- **Current asking price**: $8,400,000
- **Last sold (recorded)**: $8,795,660 on January 8, 2014

| Date | Price | Listing event |
| --- | --- | --- |
| July 29, 2026 | $8,400,000 | Returned to the market |
| April 24, 2026 | $8,400,000 | Asking price reduced by $400,000, or 4.5% |
| January 29, 2026 | $8,800,000 | Listed for sale by Douglas Elliman Real Estate |
| January 8, 2014 | $8,795,660 | Sold — recorded sale price |
| March 4, 2013 | $10,100,000 | Listed for sale by Macklowe Properties Sales |

## Property Tax History

Taxes at 737 PARK Avenue #5C were $56,714 in 2026, up 2.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $472,702 | $57,224 | $415,478 | $453,708 | $56,714 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $472,294 | $57,224 | $415,070 | $442,855 | $55,357 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $444,239 | $57,224 | $387,015 | $441,090 | $55,136 | 12.5% |
| 2023 (FY 2023/24) | $441,932 | $57,224 | $384,708 | $433,790 | $54,232 | 12.502% |
| 2022 (FY 2022/23) | $437,379 | $57,224 | $380,155 | $423,704 | $51,976 | 12.267% |
| 2021 (FY 2021/22) | $418,443 | $57,224 | $361,219 | $414,529 | $50,718 | 12.235% |
| 2020 (FY 2020/21) | $463,467 | $57,224 | $406,243 | $409,684 | $50,256 | 12.267% |
| 2019 (FY 2019/20) | $453,046 | $57,224 | $395,822 | $395,447 | $49,324 | 12.473% |
| 2018 (FY 2018/19) | $451,682 | $57,225 | $394,457 | $399,009 | $50,323 | 12.612% |
| 2017 (FY 2017/18) | $449,945 | $57,225 | $392,720 | $387,809 | $49,325 | 12.719% |
| 2016 (FY 2016/17) | $394,221 | $57,225 | $336,996 | $375,660 | $48,430 | 12.892% |
| 2015 (FY 2015/16) | $346,957 | $57,224 | $289,733 | $376,229 | $48,470 | 12.883% |
| 2014 (FY 2014/15) | $326,094 | $57,224 | $268,870 | $350,064 | $45,001 | 12.855% |

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 1014061323. 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

### 737 Park Avenue

Lenox Hill · Condominium

737 PARK Avenue, New York, NY 10021

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

- **Year Built**: 1940
- **Total Units**: 3
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/737-park-avenue)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/737-park-avenue-c-5C-ny-10021) | 3 | 4 | 2,915 sqft | $2,882 | $8,400,000 (-4.5%) | Douglas Elliman Real Estate | Jan 29, 2026 | 226 days |
| [7F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/737-park-avenue-f-7F-ny-10021) | 2 | 2 | 1,629 sqft | $1,115 | $1,816,425 (-29.5%) | Classic Marketing LLC | Feb 26, 2024 | 929 days |
| [9A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/737-park-avenue-9a-ny-10021) | 4 | 4 | 3,164 sqft | $2,686 | $8,500,000 — In contract | Sloane Square LLC | Apr 23, 2026 | 142 days |

## Estimated Monthly Payment

**$47,242 / month**, assuming a 20% down payment ($1,680,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $42,475
- **Common Charges**: $4,767

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)

## Lenox Hill

Overview of Lenox Hill

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

### Nearby Lenox Hill

- [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood)

## Related Links

- [737 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/737-park-avenue)
- [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-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.