--- title: "502 Park Avenue #5G, New York City, NY 10022" description: "502 Park Avenue #5G, New York City, NY 10022 — Lenox Hill, New York City, NY. Listing Price $3,250,000. 2 bed, 2 bath, 1,549 sqft Illustrative Buyer Commission Share of $48,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-5g-ny-10022" source: "Real Estate Rebate Team" dateModified: "2026-09-28T16:23:19.303Z" status: "Active" --- # 502 Park Avenue #5G, New York City, NY 10022 Lenox Hill, New York City, NY Courtesy of Sothebys International Realty Last updated: September 28, 2026, 12:23 PM ## At a Glance - **Listing Price**: $3,250,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,549 - **Common Charges**: $3,180 / mo - **Monthly Taxes**: $1,615 / mo - **Price per Sqft**: $2,098 - **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**: $3,250,000 - **Illustrative Buyer Commission Share**: -$48,750* - **Illustrative Net Cost**: $3,201,250 *Illustrative Buyer Savings of $48,750 — 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) ![502 Park Avenue #5G, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e9c476db-2961-45c0-9e80-d0b58d716f56.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b060e77f-0c26-4cc7-9f65-16de98da328e.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3fd5c3a7-3ab4-401e-ac0f-cddf3a6635c3.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5d61150e-122d-442b-8d1e-7c85d6775e84.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/55c4554a-89fa-44a4-afcc-d575986f658e.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e5d791c-902a-40a1-838f-a010042fb135.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b261b24-71c1-4731-bddc-21e3db0cbc8a.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05ddb353-8e07-4065-900b-0b52b6d46b0b.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6082de4-2e2c-4f71-8669-61e935754af3.jpg) ![502 Park Avenue #5G, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/284c1271-3f54-4150-bbb3-029874b9a2f4.jpg) ## Property Overview Beautifully proportioned and set within one of Park Avenue's most distinguished full-service condominiums, this gracious two-bedroom, two-bathroom residence offers 1,549 square feet of refined, tranquil living in the heart of the Upper East Side. Generous room dimensions, 9-foot ceilings, elegant moldings, hardwood floors, and exceptional storage create a home that feels sophisticated yet remarkably comfortable. A welcoming foyer with abundant closet space introduces a thoughtfully designed layout in which the rooms flow naturally while retaining definition and privacy. The expansive living and dining room is equally suited to grand entertaining, intimate gatherings, and relaxed everyday living. Beautiful moldings and well-maintained hardwood floors lend timeless character, while generous wall space provides an ideal setting for displaying art. A concealed window behind one wall offers the potential for a future owner to restore an additional source of natural light. The separate kitchen is conveniently positioned just off the main living spaces and tucked behind French doors. It offers ample cabinetry, generous workspace, a full suite of appliances, and a full-size refrigerator. An in-unit washer and dryer add to the ease of daily living. The generously scaled primary bedroom features a spacious walk-in closet and en-suite bathroom, creating a comfortable, serene retreat. The second bedroom is equally well proportioned and is complemented by a full bathroom conveniently accessible to both the bedroom and guests. A linen closet and additional storage throughout further enhance the residence's functionality, along with a separate 33-square-foot storage unit which can be purchased separately. Perhaps one of the home's most appealing qualities is its remarkable tranquility. The residence is exceptionally quiet, providing a peaceful retreat from the energy of Manhattan while placing you at the center of one of its most coveted neighborhoods. Residents of 502 Park Avenue enjoy an exceptional level of service and security, including a 24-hour doorman, hotel-style concierge, resident manager, engineering staff, bike storage, and fitness center. The attentive staff and white-glove service create an experience more reminiscent of a five-star hotel than a traditional residential building. Just two blocks from Central Park and moments from Madison Avenue's celebrated shopping, world-class restaurants, museums, cultural destinations, and convenient transportation, the location offers an extraordinary combination of accessibility and quintessential Upper East Side living. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 6 - **Sqft**: 1,549 sqft - **Stories**: 31 - **Year Built**: 1927 - **Price per Sqft**: $2,098 - **Common Charges**: $3,180 / Monthly - **Monthly Taxes**: $1,615 / mo - **Listed On**: Sep 28, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Common Area - In Unit - Garage - Valet - Entrance Foyer - Dishwasher - Hardwood - City - Skyline ### Building Amenities - Garage - Valet ## Estimated Monthly Payment **$21,229 / month**, assuming a 20% down payment ($650,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $16,434 - **Property Taxes**: $1,615 - **Common Charges**: $3,180 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 19 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](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-15h-ny-10022) (Apartment) | 1 | 733 | $1,200,000 | $1,637/ft² | August 12, 2026 | City record · 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 | 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**: $3,250,000 - **Median sold price**: $2,900,000 - **Difference**: +$350,000 (+12.1%) - **This home, $/ft²**: $2,098 - **Median $/ft²**: $1,845 - **Comparable sales**: 3 - **Sales from**: January 2022 – November 2024 - **Middle half of those sales**: $2,850,000 – $3,285,000 Based on two-bedroom sales at 502 Park Avenue. ### How these sales were negotiated - **Typical time to find a buyer**: 224 days (3 sales) - **Typical time to close**: 61 days (3 sales) Based on two-bedroom sales at 502 Park Avenue 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 price per square foot, sales at 502 Park Avenue | 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) | Based on recorded sales at 502 Park Avenue. 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. Sales data through August 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 502 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/502-park-avenue) ## 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 - **Active 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-5g-ny-10022) | 2 | 2 | 1,549 sqft | $2,098 | $3,250,000 | Sothebys International Realty | Sep 28, 2026 | 1 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [15H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/502-park-avenue-15h-ny-10022) | 1 | 1 | 733 sqft | $1,637 | $1,200,000 | Corcoran Group | Feb 27, 2026 | Aug 12, 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) ## 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.