---
title: "502 PARK Avenue #15H, New York City, NY 10022"
description: "502 PARK Avenue #15H, New York City, NY 10022 — Lenox Hill, New York City, NY. Last Sold Price $1,200,000. Sold on 8/12/2026. 1 bed, 1 bath, 733 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-15h-ny-10022"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 502 PARK Avenue #15H, New York City, NY 10022

Lenox Hill, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Last Sold Price**: $1,200,000
- **Status**: Sold on 8/12/2026
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 733
- **Common Charges**: $1,472 / mo
- **Price per Sqft**: $1,637
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (8)

![502 PARK Avenue #15H, New York City, NY 10022 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d126cc25-b88b-4791-a408-4e101f76be7a.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc8517d6-95ec-4da9-958a-ab4be576223e.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c56a006-6869-41d6-bfcd-910e34277c8f.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/524fdab8-dd78-4ae3-a89b-48133c37ee9b.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5ccf123-3867-4844-ad09-75d89d84583c.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8222ebb9-cafc-4d7e-a72b-404ad954f12d.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52121ad6-4b98-4659-b77c-836087e486af.jpg)
![502 PARK Avenue #15H, New York City, NY 10022 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/640a73bc-2603-4210-8868-1371a42aef75.jpg)

## Property Overview

Experience timeless Park Avenue elegance at 502 Park Avenue, one of Manhattan's most storied addresses. Originally the legendary Hotel Delmonico, this iconic building was masterfully transformed into luxury condominiums that honor the grandeur and craftsmanship of classic 1920s prewar design while offering modern comforts.

 Residence 15H is a generously proportioned one-bedroom, one-bath home featuring some of the highest ceiling heights in the building, creating an airy and sophisticated atmosphere. Beautiful hand-inlaid herringbone hardwood floors anchor the space, while oversized double-pane windows provide abundant natural light and exceptional quiet. The open kitchen is thoughtfully designed with stainless steel appliances, and the apartment offers excellent storage with ample closet space throughout.

 Perfectly positioned on Park Avenue, you are just two blocks from Central Park and moments from Midtown's business hubs, world-class dining, luxury shopping, and premier cultural institutions.

 Residents of 502 Park Avenue enjoy impeccable white-glove service, including a 24-hour doorman and concierge, a state-of-the-art fitness center, and the convenience of a live-in resident manager, all delivered by an attentive and professional staff.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 733 sqft
- **Stories**: 31
- **Year Built**: 1927
- **Price per Sqft**: $1,637
- **Common Charges**: $1,472 / Monthly
- **Listed On**: Feb 27, 2026
- **Days on Market**: 188 Days

### Residence Features

- Wall Unit(s)
- Washer Hookup
- High Ceilings
- City

## Sales Evidence

### Recent closed sales

20 apartments at 502 Park Avenue have recorded sales since September 2021, the most recent for $1,200,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 15H (Apartment) | 1 | 733 | $1,200,000 | $1,637/ft² | August 12, 2026 | MLS |
| 14K (Apartment) | — | 647 | $911,334 | $1,409/ft² | March 30, 2026 | City record |
| PH27 (Apartment) | 4 | 4,205 | $7,300,000 | $1,736/ft² | August 18, 2025 | City record · MLS |
| 14K (Apartment) | — | 647 | $1,573,058 | $2,431/ft² | July 7, 2025 | City record |
| 14J (Apartment) | 1 | 700 | $1,075,000 | $1,536/ft² | January 7, 2025 | City record · MLS |
| 15F (Apartment) | 1 | 730 | $1,200,000 | $1,644/ft² | December 23, 2024 | City record |
| 5-H (Apartment) | 1 | 733 | $1,050,000 | $1,432/ft² | December 11, 2024 | City record · MLS |
| 6D (Apartment) | 2 | 1,543 | $2,800,000 | $1,815/ft² | November 21, 2024 | City record · MLS |
| 14F (Apartment) | 1 | 730 | $1,115,500 | $1,528/ft² | November 19, 2024 | City record · MLS |
| 11K (Apartment) | — | 647 | $1,040,000 | $1,607/ft² | November 13, 2024 | City record |
| 8J (Apartment) | — | 1,352 | $2,288,000 | $1,692/ft² | November 5, 2024 | City record |
| 8J (Apartment) | — | 1,352 | $2,280,000 | $1,686/ft² | August 14, 2024 | City record |
| 6H (Apartment) | — | 2,055 | $2,400,000 | $1,168/ft² | June 20, 2024 | City record |
| 17C (Apartment) | — | 1,539 | $3,400,000 | $2,209/ft² | December 28, 2023 | City record |
| 11E (Apartment) | — | 817 | $1,850,000 | $2,264/ft² | August 24, 2022 | City record |
| 8G (Apartment) | 2 | 1,572 | $2,900,000 | $1,845/ft² | April 12, 2022 | City record · MLS |
| 11A (Apartment) | 1 | 717 | $1,399,000 | $1,951/ft² | March 9, 2022 | City record · MLS |
| 12-G (Apartment) | 2 | 1,549 | $3,670,000 | $2,369/ft² | January 14, 2022 | City record · MLS |
| 10G (Apartment) | 4 | 1,547 | $6,200,000 | $4,008/ft² | January 7, 2022 | City record |
| 3B (Apartment) | 4 | 4,555 | $5,550,000 | $1,218/ft² | September 23, 2021 | City record |

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 one-bedroom sales at 502 Park Avenue is $1,115,500, based on 5 sales between March 2022 and January 2025. This home is asking $1,200,000, $84,500 above that median. The middle half of those sales closed between $1,075,000 and $1,200,000.

- **Median closed price**: $1,115,500
- **Middle half**: $1,075,000 – $1,200,000
- **Based on**: 5 one-bedroom sales at 502 Park Avenue
- **Period**: March 2022 – January 2025
- **Median $/ft²**: $1,536/ft²

Across the 4 of these sales with a published asking price, the median closed at 91.2% of what it originally asked. 75% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 91.2% of the original ask
- **Closed below ask**: 75% of 4 sales
- **Listed → in contract**: 111 days (about 16 weeks)
- **In contract → closed**: 32 days (about 5 weeks)

Across the 4 of these sales with a published asking price, the median closed at 91.2% of what it originally asked. 75% of them closed below the original ask.

Half of these homes were in contract within 111 days (about 16 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 32 days (about 5 weeks), based on the 3 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 5 one-bedroom sales at 502 Park Avenue, March 2022 – January 2025. 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 502 Park Avenue, 2017 to 2025. 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 | $2,173/ft² | 5 |
| 2018 | $2,187/ft² | 4 (thin) |
| 2019 | $2,094/ft² | 3 (thin) |
| 2021 | $1,707/ft² | 3 (thin) |
| 2022 | $2,264/ft² | 5 |
| 2024 | $1,626/ft² | 8 |
| 2025 | $1,736/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 502 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/502-park-avenue)

## Price and Property History for 502 PARK Avenue, Unit 15H

Review the recorded listing activity for 502 PARK Avenue, Unit 15H, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $95,000, or 7.3%, on August 17, 2026
- **Originally listed**: February 27, 2026 at $1,350,000
- **Last sold**: $1,200,000 on August 12, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 17, 2026 | $1,200,000 | Asking price reduced by $95,000, or 7.3% |
| August 13, 2026 | $1,295,000 | Listing removed from the market |
| August 12, 2026 | $1,200,000 | Sold |
| July 1, 2026 | $1,295,000 | Entered contract |
| June 15, 2026 | $1,295,000 | Asking price reduced by $55,000, or 4.1% |
| February 27, 2026 | $1,350,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 502 PARK Avenue #15H were $10,925 in 2026, up 2.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $92,455 | $19,560 | $72,895 | $87,398 | $10,925 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $92,386 | $19,560 | $72,826 | $85,138 | $10,642 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $85,127 | $19,560 | $65,567 | $84,143 | $10,518 | 12.5% |
| 2023 (FY 2023/24) | $84,648 | $19,560 | $65,088 | $82,113 | $10,266 | 12.502% |
| 2022 (FY 2022/23) | $82,387 | $19,560 | $62,827 | $79,378 | $8,037 after $1,700 abatement | 12.267% |
| 2021 (FY 2021/22) | $81,156 | $19,560 | $61,596 | $77,809 | $2,848 after $6,672 abatement | 12.235% |
| 2020 (FY 2020/21) | $87,408 | $19,560 | $67,848 | $76,919 | $9,436 | 12.267% |
| 2019 (FY 2019/20) | $76,932 | $19,560 | $57,372 | $73,103 | $9,118 | 12.473% |
| 2018 (FY 2018/19) | $75,228 | $19,560 | $55,668 | $70,540 | $8,588 | 12.612% |
| 2017 (FY 2017/18) | $74,543 | $19,560 | $54,983 | $67,518 | $8,298 | 12.719% |
| 2016 (FY 2016/17) | $70,488 | $19,561 | $50,927 | $64,721 | $8,040 | 12.892% |
| 2015 (FY 2015/16) | $68,311 | $19,560 | $48,751 | $62,408 | $7,737 | 12.883% |
| 2014 (FY 2014/15) | $64,112 | $19,561 | $44,551 | $59,460 | $7,341 | 12.855% |
| 2013 (FY 2013/14) | $60,124 | $19,560 | $40,564 | $58,571 | $7,403 | 13.145% |
| 2012 (FY 2012/13) | $60,538 | $19,561 | $40,977 | $58,132 | $7,364 | 13.181% |
| 2011 (FY 2011/12) | $58,939 | $19,560 | $39,379 | $58,628 | $7,572 | 13.433% |
| 2010 (FY 2010/11) | $53,577 | $19,561 | $34,016 | $58,670 | $7,555 | 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 1013741224. 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

### 502 Park Avenue

Upper East Side · Condominium

502 Park Avenue, New York, NY 10022

A building in Upper East Side, currently featuring 1 active listing.

- **Year Built**: 1927
- **Total Units**: 1
- **Floors**: 31

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/502-park-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [15H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-15h-ny-10022) | 1 | 1 | 733 sqft | $1,637 | $1,200,000 (-7.3%) | Corcoran Group | Feb 27, 2026 | 187 days |

## Estimated Monthly Payment

**$7,540 / month**, assuming a 20% down payment ($240,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,068
- **Common Charges**: $1,472

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

## 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

- [502 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/502-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.