500 PARK Avenue #PENTHOUS39, New York City, NY 10022

Townhouse in Midtown East, Manhattan, NYCourtesy of Douglas Elliman Real Estate

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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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$9,995,000
Illustrative Buyer Commission Share-$149,925*
Illustrative Net Cost$9,845,075
Listing Price
$9,995,000
Common Charges$16,682 / mo
Monthly Taxes
Price per Sqft$1,102
Brokerage FeeShare Eligible
7
Beds
5
Total Baths
9,072
Sqft
Illustrative Buyer Savings
+$149,925*
50% of a 3% buyer-broker commission, shared at closing
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Regis Roumila

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NYDOS LIC#: 10491211335

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Property Overview

A townhouse in the sky-where Manhattan unfolds in every direction.

Perched at the crown of the city, this extraordinary penthouse is defined by a spectacular planted entertaining terrace-an outdoor room in the sky-while the residence itself enjoys four distinct exposures, capturing light, skyline, and cityscape from every side. Sunrises, sunsets, Central Park, Midtown-every view, every hour, completely yours.

Spanning two full floors, the home has been thoughtfully curated to feel fluid, warm, and livable-an elegant counterpoint to the pace of New York below. Oversized pict...

Property Details

PROPERTY TYPEDuplex
BEDS7
TOTAL BATHS5
ROOMS17
SQFT9,072 sqft
STORIES40
YEAR BUILT1959
PRICE PER SQFT$1,102
COMMON CHARGES$16,682 / Monthly
LISTED ONSep 8, 2026
DAYS ON MARKET10 Days
 

Residence Features

Building Other
Private Outdoor Space Over 60 Sqft
Washer Dryer Allowed
City
Park/Greenbelt

Estimated Monthly Payment

$67,222/ month
Principal & Interest$50,54075% of totalCommon Charges$16,68225% of total
Down Payment$1,999,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$50,540
Common Charges
$16,682

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

Sales and market data

Recent sales

10 apartments at 500 Park Avenue Tower Condo have recorded sales since September 2021, the most recent for $1,185,000 in February 2026. Prices are the figures recorded with the City, not asking prices.

Recorded sales at 500 Park Avenue Tower Condo, September 2021 – February 2026
15-CApartment11,060$1,185,000$1,118/ft²February 25, 2026City record · MLS
15EApartmentBedroom count not recorded1,750$1,825,000$1,043/ft²February 19, 2026City record
24AApartment32,666$2,950,000$1,107/ft²February 28, 2025City record
28AApartment32,660$3,525,000$1,325/ft²November 25, 2024City record · MLS
16DApartment31,708$1,675,000$981/ft²June 11, 2024City record · MLS
38AApartment32,669$4,150,000$1,555/ft²February 8, 2024City record · MLS
34ApartmentBedroom count not recorded2,655$7,500,000$2,825/ft²October 13, 2023City record
33AApartment32,660$3,550,000$1,335/ft²August 7, 2023City record · MLS
34BApartment32,001$3,500,000$1,749/ft²May 15, 2023City record · MLS
30AApartment22,660$3,600,000$1,353/ft²January 6, 2022City 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.

Sales data through February 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Property Tax History

Taxes at 500 PARK Avenue #PENTHOUS39 were $2,256,356 in 2026, up 3.8% from 2025.

New York City Department of Finance property tax history for 500 PARK Avenue #PENTHOUS39, 2010 to 2026
YearTax AssessmentLandAdditionsBillable ValueProperty TaxTax Rate
2026FY 2026/27$20,965,950$5,445,000$15,520,950$20,965,950$2,256,35610.762%Estimated
2025FY 2025/26$20,205,450$5,445,000$14,760,450$20,205,450$2,174,51110.762%Estimated
2024FY 2024/25$21,200,400$5,445,000$15,755,400$21,185,780$2,280,01410.762%
2023FY 2023/24$23,408,100$5,445,000$17,963,100$23,122,990$2,449,18710.592%
2022FY 2022/23$23,293,800$5,445,000$17,848,800$23,250,570$2,475,25610.646%
2021FY 2021/22$21,262,500$5,445,000$15,817,500$21,262,500$2,286,78210.755%
2020FY 2020/21$27,651,600$5,445,000$22,206,600$26,154,030$2,796,91210.694%
2019FY 2019/20$27,350,550$5,445,000$21,905,550$26,133,709$2,753,70910.537%
2018FY 2018/19$25,036,650$5,445,000$19,591,650$26,371,259$2,772,67410.514%
2017FY 2017/18$26,862,750$5,445,000$21,417,750$26,616,370$2,798,44510.514%
2016FY 2016/17$28,056,150$5,445,000$22,611,150$26,038,280$2,753,28810.574%
2015FY 2015/16$29,081,250$5,445,000$23,636,250$25,589,610$2,726,82910.656%
2014FY 2014/15$27,547,650$5,445,000$22,102,650$24,167,708$2,475,34510.684%
2013FY 2013/14$23,571,450$5,445,000$18,126,450$23,097,298$2,178,08110.323%
2012FY 2012/13$23,466,150$5,445,000$18,021,150$21,747,589$1,929,06110.288%
2011FY 2011/12$23,246,550$5,445,000$17,801,550$19,445,311$1,568,41410.152%
2010FY 2010/11$20,925,000$5,445,000$15,480,000$18,081,001$1,349,42810.312%

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 1012940037. 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.

About The Building

500 Park Avenue Tower Condo
Midtown East · Duplex

500 Park Avenue Tower Condo

500 PARK Avenue, New York, NY 10022

A building in Midtown East, currently featuring 1 active listing.

YEAR BUILT1959
ACTIVE UNITS1
FLOORS40

Interested in 500 Park Avenue Tower Condo?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

PENTHOUS39759,072 sqft$1,102
$9,995,000
Douglas Elliman Real EstateSep 8, 20269 days

In the Neighborhood

Nearby Schools

Browning School0.15 miles
High School of Art and Design0.34 miles
Peter G Peterson Center for International Studies0.45 miles
Public School 580.81 miles
Lyceum Kennedy International School0.83 miles

* Distances are approximate line-of-sight metrics.

Map

Midtown East

Overview of Midtown East


Explore Midtown East homes for sale, from luxury high-rise condominiums and established co-ops to full-service buildings near Grand Central, Park Avenue, Sutton Place, and the East River corridor.​

For buyers, Midtown East offers convenience, transportation access, and a wide range of building types with important differences in pricing, monthly costs, building quality, and eligible Buyer Advantage opportunities.​

Real Estate & Housing Market

The market for homes for sale in Midtown East includes luxury high-rise condos.

Lifestyle & Community

The lifestyle in Midtown East is busy on weekdays, quiet on weekends.

Transportation & Accessibility

Midtown East is connected to everything via Grand Central.

Parks, Schools & Amenities

Bryant Park is nearby. Amenities: World-class shopping on 5th Ave.

Who This Neighborhood Is Best For

Midtown East is best for corporate professionals.

Midtown East
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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.