---
title: "515 Park Avenue #5A, New York City, NY 10022"
description: "515 Park Avenue #5A, New York City, NY 10022 — Lenox Hill, New York City, NY. Listing Price $5,995,000. 3 bed, 4 bath, 2,520 sqft Illustrative Buyer Commission Share of $89,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-a-5A-ny-10022"
source: "Real Estate Rebate Team"
status: "Active"
---

# 515 Park Avenue #5A, New York City, NY 10022

Lenox Hill, New York City, NY

Courtesy of Sothebys International Realty

## At a Glance

- **Listing Price**: $5,995,000
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 2,520
- **Common Charges**: $4,837 / mo
- **Monthly Taxes**: $2,019 / mo
- **Price per Sqft**: $2,379
- **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**: $5,995,000
- **Illustrative Buyer Commission Share**: -$89,925*
- **Illustrative Net Cost**: $5,905,075

*Illustrative Buyer Savings of $89,925 — 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)

![515 Park Avenue #5A, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/55d6423e-bfec-4451-83c2-e42f50a084a6.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8654cb52-3f88-4fbb-924f-d28dea3bb375.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b27de786-c1cb-4f2b-ab13-80f9374ae5ad.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4774db4-7632-455a-abb6-a3e1ea920122.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e2e0172-8dae-442e-93d5-6fa2eae95579.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a0cf87d-0bdc-4b24-a376-cafd0eb5d6f4.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7f1244c5-f8d5-4afb-8208-267062d8eae0.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e4d3b62-3351-4d3a-887f-c6179bcca8ba.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2fe31bec-04ac-4a00-8371-ef4ede84871d.jpg)
![515 Park Avenue #5A, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d922278b-abf9-449b-b0ff-858b70f62111.jpg)

## Property Overview

Welcome to Apartment 5A at 515 Park Avenue, a testament to luxurious living, where the elegance of a bygone era meets contemporary sophistication. Upon entering, you're greeted by the exquisite herringbone floors, their light stain signaling a modern touch within a space designed with prewar inspiration. The expansive layout of this residence, a three-bedroom, 2.5-bathroom home features generously proportioned rooms and high ceilings. These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue.

This home's heart lies in the chef’s kitchen, a culinary dream equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. The oversized entry gallery that connects the bedrooms, each with en-suite bathrooms, emphasizes privacy and flow. The formal living and dining rooms, alongside a generous library, are illuminated by oversized windows, making this apartment an ideal space for entertainment or relaxation.

Further elevating the residence are recent upgrades that include fine woodwork, individual climate control, and wiring for surround-sound stereo systems. The apartment also features a discreet half bath for guests, an in-unit laundry room with washer/dryer, and a kitchen with a service entrance and direct elevator access, encapsulating the essence of thoughtful and luxurious design.

515 Park Avenue, designed by Frank Williams & Associates, is a post-modern condo building that seamlessly integrates the Italian Renaissance-palazzo style with modern amenities and services. Residents benefit from white-glove service, including full-time doormen, concierges, and valets, as well as access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, and a tranquil library. The exclusivity extends to private, climate-controlled wine cellars and individual storage rooms, with only 30 apartments across 43 stories, ensuring a unique and intimate living experience.

Situated in a serene yet convenient location close to the Midtown Business District, this apartment is moments away from renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options readily available. The living room’s views of Central Park provide a serene backdrop, encapsulating the ultimate New York City living experience. Apartment 5A at 515 Park Avenue isn’t just a residence; it’s a sanctuary within the city, offering a lifestyle of unparalleled luxury and convenience.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 7
- **Sqft**: 2,520 sqft
- **Stories**: 42
- **Year Built**: 1998
- **Price per Sqft**: $2,379
- **Common Charges**: $4,837 / Monthly
- **Monthly Taxes**: $2,019 / mo
- **Listed On**: Apr 24, 2024
- **Days on Market**: 871 Days

### Residence Features

- Common On Floor
- Common Area
- In Unit
- Hardwood
- See Remarks

## Sales Evidence

### Recent closed sales

11 apartments at 515 Park Avenue have recorded sales since September 2021, the most recent for $6,700,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [6A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-a-6A-ny-10022) (Apartment) | 3 | 2,520 | $6,700,000 | $2,659/ft² | August 19, 2026 | MLS |
| 8A (Apartment) | 3 | 2,520 | $5,300,000 | $2,103/ft² | January 15, 2025 | City record · MLS |
| 15/16 (Apartment) | 7 | 6,514 | $20,000,000 | $3,070/ft² | November 25, 2024 | MLS |
| 34/35 (Apartment) | — | 4,927 | $14,500,000 | $2,943/ft² | May 1, 2024 | City record |
| 2H (Apartment) | — | 340 | $500,000 | $1,471/ft² | April 3, 2024 | City record |
| 27 (Apartment) | — | 3,228 | $23,850,000 | $7,388/ft² | January 3, 2024 | City record |
| 12 (Apartment) | — | 4,998 | $12,000,000 | $2,401/ft² | August 18, 2023 | City record |
| 18 (Apartment) | 3 | 3,257 | $13,500,000 | $4,145/ft² | July 24, 2023 | City record · MLS |
| 12-AB (Apartment) | 6 | 5,000 | $12,000,000 | $2,400/ft² | June 30, 2023 | MLS |
| 34/35 (Apartment) | 5 | 5,000 | $14,500,000 | $2,900/ft² | March 2, 2023 | City record · MLS |
| 38/39/3A/3B (Apartment) | — | 5,903 | $21,000,000 | $3,558/ft² | February 24, 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

The median closed price for comparable condo three-bedroom sales in Lenox Hill is $3,862,500, based on 100 sales between September 2024 and June 2026. This home is asking $5,995,000, $2,132,500 above that median. The middle half of those sales closed between $2,737,500 and $4,850,000.

- **Median closed price**: $3,862,500
- **Middle half**: $2,737,500 – $4,850,000
- **Based on**: 100 condo three-bedroom sales in Lenox Hill
- **Period**: September 2024 – June 2026
- **Median $/ft²**: $1,862/ft²

Across the 88 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 67% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lenox Hill instead.

### How these sales were negotiated

- **Sold vs original ask**: 96.5% of the original ask
- **Closed below ask**: 67% of 88 sales
- **Listed → in contract**: 94 days (about 13 weeks)
- **In contract → closed**: 58 days (about 8 weeks)

Across the 88 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 67% of them closed below the original ask.

Half of these homes were in contract within 94 days (about 13 weeks) of coming to market, based on the 90 with a recorded listing date.

Once a deal was agreed, closing took a further 58 days (about 8 weeks), based on the 86 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 100 condo three-bedroom sales in Lenox Hill, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house three-bedroom sales in Lenox Hill, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $3,887,500 | 46 |
| 2018 | $2,825,000 | 30 |
| 2019 | $2,990,000 | 33 |
| 2020 | $2,835,000 | 21 |
| 2021 | $2,890,000 | 57 |
| 2022 | $3,525,000 | 57 |
| 2023 | $3,900,000 | 35 |
| 2024 | $2,975,000 | 44 |
| 2025 | $3,911,250 | 72 |
| 2026 | $4,042,500 | 18 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lenox Hill instead.

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 515 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-park-avenue)

## Price and Property History for 515 Park Avenue, Unit 5A

Review the recorded listing activity for 515 Park Avenue, Unit 5A, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $255,000, or 4.1%, on September 13, 2024
- **Originally listed**: April 24, 2024 at $5,995,000
- **Current asking price**: $5,995,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 13, 2024 | $5,995,000 | Asking price reduced by $255,000, or 4.1% |
| April 24, 2024 | $5,995,000 | Listed for sale by Sothebys International Realty |

## Property Tax History

Taxes at 515 Park Avenue #5A were $32,071 in 2026, up 6.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $288,407 | $87,739 | $200,668 | $256,564 | $32,071 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $287,820 | $87,739 | $200,081 | $239,976 | $29,997 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $243,906 | $87,739 | $156,167 | $243,906 | $30,488 | 12.5% |
| 2023 (FY 2023/24) | $234,890 | $87,739 | $147,151 | $234,890 | $19,282 after $10,084 abatement | 12.502% |
| 2022 (FY 2022/23) | $227,808 | $87,739 | $140,069 | $227,808 | $8,409 after $19,536 abatement | 12.267% |
| 2021 (FY 2021/22) | $205,463 | $87,739 | $117,724 | $205,463 | $7,518 after $17,620 abatement | 12.235% |
| 2020 (FY 2020/21) | $306,961 | $87,739 | $219,222 | $291,470 | $35,755 | 12.267% |
| 2019 (FY 2019/20) | $300,094 | $87,739 | $212,355 | $278,147 | $34,693 | 12.473% |
| 2018 (FY 2018/19) | $288,816 | $87,739 | $201,077 | $263,116 | $33,184 | 12.612% |
| 2017 (FY 2017/18) | $288,548 | $87,739 | $200,809 | $252,479 | $32,113 | 12.719% |
| 2016 (FY 2016/17) | $272,940 | $87,739 | $185,201 | $242,147 | $31,218 | 12.892% |
| 2015 (FY 2015/16) | $240,368 | $87,740 | $152,628 | $234,135 | $30,164 | 12.883% |
| 2014 (FY 2014/15) | $224,936 | $87,740 | $137,196 | $228,397 | $29,360 | 12.855% |
| 2013 (FY 2013/14) | $235,583 | $96,209 | $139,374 | $230,618 | $30,315 | 13.145% |
| 2012 (FY 2012/13) | $236,880 | $96,210 | $140,670 | $230,483 | $30,380 | 13.181% |
| 2011 (FY 2011/12) | $232,877 | $96,513 | $136,364 | $230,934 | $31,021 | 13.433% |
| 2010 (FY 2010/11) | $211,707 | $87,740 | $123,967 | $240,060 | $32,055 | 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 1013941064. 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

### 515 Park Avenue

Lenox Hill · Condominium

515 Park Avenue, New York, NY 10022

A building in Lenox Hill, currently featuring 6 active listings.

- **Year Built**: 1998
- **Total Units**: 6
- **Floors**: 42

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-park-avenue)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-a-5A-ny-10022) | 3 | 4 | 2,520 sqft | $2,379 | $5,995,000 (-4.1%) | Sothebys International Realty | Apr 24, 2024 | 870 days |
| [19FL](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-fl-19FL-ny-10022) | 4 | 5 | 3,257 sqft | $2,702 | $8,800,000 (-7.3%) — In contract | Douglas Elliman Real Estate | Aug 14, 2024 | 758 days |
| [6A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-a-6A-ny-10022) | 3 | 4 | 2,520 sqft | $2,659 | $6,700,000 (-4.2%) | Douglas Elliman Real Estate | Sep 8, 2025 | 368 days |
| [3-K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue--k-3K-ny-10022) | Studio | 1 | 300 sqft | $3,985 | $1,195,500 (-0.3%) | A & I Broadway Realty Inc | Mar 12, 2026 | 183 days |
| [36/37](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-37-3637-ny-10022) | 4 | 5 | 5,000 sqft | $3,590 | $17,950,000 (-5.5%) | Sothebys International Realty | May 1, 2026 | 133 days |
| [4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/515-park-avenue-4b-ny-10022) | 2 | 3 | 2,200 sqft | $2,270 | $4,995,000 | Corcoran Group | Sep 4, 2026 | 7 days |

## Estimated Monthly Payment

**$37,170 / month**, assuming a 20% down payment ($1,199,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $30,314
- **Property Taxes**: $2,019
- **Common Charges**: $4,837

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

- [515 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/515-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.