--- title: "500 PARK Avenue #PENTHOUS39, New York City, NY 10022" description: "500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — Townhouse in Midtown East, Manhattan, NY. Listing Price $9,995,000. 7 bed, 5 bath, 9,072 sqft Illustrative Buyer Commission Share of $149,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/500-park-avenue-penthous39-ny-10022" source: "Real Estate Rebate Team" dateModified: "2026-09-08T16:08:31.886Z" status: "Active" --- # 500 PARK Avenue #PENTHOUS39, New York City, NY 10022 Townhouse in Midtown East, Manhattan, NY Courtesy of Douglas Elliman Real Estate Last updated: September 8, 2026, 12:08 PM ## At a Glance - **Listing Price**: $9,995,000 - **Beds**: 7 - **Total Baths**: 5 - **Sqft**: 9,072 - **Common Charges**: $16,682 / mo - **Price per Sqft**: $1,102 - **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**: $9,995,000 - **Illustrative Buyer Commission Share**: -$149,925* - **Illustrative Net Cost**: $9,845,075 *Illustrative Buyer Savings of $149,925 — 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) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e8f2ee65-d26b-4ac3-9220-bd7e2266d4a9.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e365069-cc3e-482c-85b6-27b47add9a48.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e41817e-b105-4b04-af5f-8c69ebf56fcf.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48f137f9-ce85-4931-88e1-adaa2822eb1c.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9135a8ac-65e9-45c1-99d8-d866d0c6db75.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dac12a6b-d453-48ba-89ac-ad3b30161422.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67182d8e-255b-4ed2-b4a2-2d3d2b079eef.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c7873cdc-de0c-4f8c-b8da-311e21af4f48.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3e60629e-de7f-40d4-a8be-144234ea4f04.jpg) ![500 PARK Avenue #PENTHOUS39, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43990295-d4d8-4ea2-90f5-29bbde295f5b.jpg) ## 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 picture windows frame sweeping vistas, while gracious public rooms transition effortlessly into more intimate private spaces, anchored by the terrace as the home's emotional and architectural centerpiece. Living & Entertaining Level The lower level unfolds as a sequence of expansive yet welcoming entertaining rooms, all bathed in natural light. The corner living and dining rooms are positioned to capture dramatic north and west city views, with Central Park stretching into the distance. A richly appointed library and study open directly to the terrace, creating a rare indoor-outdoor rhythm ideal for both large-scale entertaining and quieter moments. The kitchen and adjacent breakfast and media rooms are designed for ease and flow, supporting both formal gatherings and everyday living without interruption. Private Bedroom Level The upper level is dedicated to private living, offering exceptional separation, scale, and privacy. Primary Suite: Occupying its own secluded wing, the primary bedroom enjoys open northeast exposures, welcoming morning light and tranquil skyline views. Dual dressing rooms and spa-like baths are thoughtfully oriented to preserve privacy while maintaining a sense of air and calm. Additional Bedrooms: Two corner bedrooms are positioned to capture sweeping north and west views, each with fireplaces and an unmistakable sense of scale. Additional bedrooms and sitting rooms are oriented along the south and east, benefiting from consistent light and expansive city vistas throughout the day. Together, the bedroom wings create a true residential experience-quiet, private, and intentionally removed from the entertaining spaces below. Set atop the iconic 500 Park Tower, a white-glove condominium offering full service and discretion, this residence combines architectural pedigree with a rare sense of openness and serenity. Perfectly positioned at the intersection of the Upper East Side and Midtown East, it offers immediate access to Central Park, world-class dining, shopping, and effortless walkability. This is not simply a penthouse. It's a horizon-level home-where New York feels expansive, calm, and entirely yours. ## Property Details - **Property Type**: Duplex - **Beds**: 7 - **Total Baths**: 5 - **Rooms**: 17 - **Sqft**: 9,072 sqft - **Stories**: 40 - **Year Built**: 1959 - **Price per Sqft**: $1,102 - **Common Charges**: $16,682 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Other - Private Outdoor Space Over 60 Sqft - Washer Dryer Allowed - City - Park/Greenbelt ## Sales Evidence ### Recent closed 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. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 15-C (Apartment) | 1 | 1,060 | $1,185,000 | $1,118/ft² | February 25, 2026 | City record · MLS | | 15E (Apartment) | — | 1,750 | $1,825,000 | $1,043/ft² | February 19, 2026 | City record | | 24A (Apartment) | 3 | 2,666 | $2,950,000 | $1,107/ft² | February 28, 2025 | City record | | 28A (Apartment) | 3 | 2,660 | $3,525,000 | $1,325/ft² | November 25, 2024 | City record · MLS | | 16D (Apartment) | 3 | 1,708 | $1,675,000 | $981/ft² | June 11, 2024 | City record · MLS | | 38A (Apartment) | 3 | 2,669 | $4,150,000 | $1,555/ft² | February 8, 2024 | City record · MLS | | 34 (Apartment) | — | 2,655 | $7,500,000 | $2,825/ft² | October 13, 2023 | City record | | 33A (Apartment) | 3 | 2,660 | $3,550,000 | $1,335/ft² | August 7, 2023 | City record · MLS | | 34B (Apartment) | 3 | 2,001 | $3,500,000 | $1,749/ft² | May 15, 2023 | City record · MLS | | 30A (Apartment) | 2 | 2,660 | $3,600,000 | $1,353/ft² | January 6, 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. 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 500 Park Avenue Tower Condo](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-park-avenue-tower-condo) ## Property Tax History Taxes at 500 PARK Avenue #PENTHOUS39 were $2,256,356 in 2026, up 3.8% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $20,965,950 | $5,445,000 | $15,520,950 | $20,965,950 | $2,256,356 | 10.762% (estimated) | | 2025 (FY 2025/26) | $20,205,450 | $5,445,000 | $14,760,450 | $20,205,450 | $2,174,511 | 10.762% (estimated) | | 2024 (FY 2024/25) | $21,200,400 | $5,445,000 | $15,755,400 | $21,185,780 | $2,280,014 | 10.762% | | 2023 (FY 2023/24) | $23,408,100 | $5,445,000 | $17,963,100 | $23,122,990 | $2,449,187 | 10.592% | | 2022 (FY 2022/23) | $23,293,800 | $5,445,000 | $17,848,800 | $23,250,570 | $2,475,256 | 10.646% | | 2021 (FY 2021/22) | $21,262,500 | $5,445,000 | $15,817,500 | $21,262,500 | $2,286,782 | 10.755% | | 2020 (FY 2020/21) | $27,651,600 | $5,445,000 | $22,206,600 | $26,154,030 | $2,796,912 | 10.694% | | 2019 (FY 2019/20) | $27,350,550 | $5,445,000 | $21,905,550 | $26,133,709 | $2,753,709 | 10.537% | | 2018 (FY 2018/19) | $25,036,650 | $5,445,000 | $19,591,650 | $26,371,259 | $2,772,674 | 10.514% | | 2017 (FY 2017/18) | $26,862,750 | $5,445,000 | $21,417,750 | $26,616,370 | $2,798,445 | 10.514% | | 2016 (FY 2016/17) | $28,056,150 | $5,445,000 | $22,611,150 | $26,038,280 | $2,753,288 | 10.574% | | 2015 (FY 2015/16) | $29,081,250 | $5,445,000 | $23,636,250 | $25,589,610 | $2,726,829 | 10.656% | | 2014 (FY 2014/15) | $27,547,650 | $5,445,000 | $22,102,650 | $24,167,708 | $2,475,345 | 10.684% | | 2013 (FY 2013/14) | $23,571,450 | $5,445,000 | $18,126,450 | $23,097,298 | $2,178,081 | 10.323% | | 2012 (FY 2012/13) | $23,466,150 | $5,445,000 | $18,021,150 | $21,747,589 | $1,929,061 | 10.288% | | 2011 (FY 2011/12) | $23,246,550 | $5,445,000 | $17,801,550 | $19,445,311 | $1,568,414 | 10.152% | | 2010 (FY 2010/11) | $20,925,000 | $5,445,000 | $15,480,000 | $18,081,001 | $1,349,428 | 10.312% | 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. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 500 Park Avenue Tower Condo Midtown East · Duplex 500 PARK Avenue, New York, NY 10022 A building in Midtown East, currently featuring 1 active listing. - **Year Built**: 1959 - **Total Units**: 1 - **Floors**: 40 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-park-avenue-tower-condo) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PENTHOUS39](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/500-park-avenue-penthous39-ny-10022) | 7 | 5 | 9,072 sqft | $1,102 | $9,995,000 | Douglas Elliman Real Estate | Sep 8, 2026 | 1 days | ## Estimated Monthly Payment **$67,222 / month**, assuming a 20% down payment ($1,999,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $50,540 - **Common Charges**: $16,682 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) ## Midtown East Overview of Midtown East [Explore Midtown East](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midtown East - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [500 Park Avenue Tower Condo — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/500-park-avenue-tower-condo) - [Midtown East neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) - [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.