---
title: "520 Park Avenue #PH59, New York City, NY 10065"
description: "520 Park Avenue #PH59, New York City, NY 10065 — Lenox Hill, New York City, NY. Listing Price $37,500,000. 3 bed, 4 bath, 4,322 sqft Illustrative Buyer Commission Share of $562,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/520-park-avenue-ph59-ny-10065"
source: "Real Estate Rebate Team"
dateModified: "2026-09-27T08:53:52.371Z"
status: "Active"
---

# 520 Park Avenue #PH59, New York City, NY 10065

Lenox Hill, New York City, NY

Courtesy of Compass

Last updated: September 27, 2026, 4:53 AM

## At a Glance

- **Listing Price**: $37,500,000
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 4,322
- **Common Charges**: $9,917 / mo
- **Monthly Taxes**: $16,334 / mo
- **Price per Sqft**: $8,677
- **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**: $37,500,000
- **Illustrative Buyer Commission Share**: -$562,500*
- **Illustrative Net Cost**: $36,937,500

*Illustrative Buyer Savings of $562,500 — 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)

![520 Park Avenue #PH59, New York City, NY 10065 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cd4b8768-2815-472f-bb19-9f531eb7753b.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac61c729-d78c-4bfb-b355-34234259c613.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/95190b55-d1bc-4234-b11a-0a4c567c608f.png)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9aa0c11b-34d4-4da6-adf0-e0aab209a095.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ce06704-d6ae-4c24-9d8c-c302fe034eb3.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a60e4d4-2d43-4225-95e8-fdf3780cf7ed.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b7b4c2e-73d9-48eb-82fe-9895a14a506a.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c429d550-fac3-4347-b004-b6fce8deffce.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69fe278c-bbec-4909-a9ba-89de9fe63822.jpg)
![520 Park Avenue #PH59, New York City, NY 10065 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb46f5c1-1667-4f52-a7a7-0f3a49170f32.jpg)

## Property Overview

Uncompromising quality and serene vistas of Central Park and the Manhattan skyline abound in this full floor 4,322 square foot penthouse at Robert A.M. Stern’s lauded 520 Park Avenue. Meticulously renovated and conceptualized by the current owners, this 59th floor residence has been transformed into an exceptionally grand pied-a-terre using the finest of materials.
 
Enter via a private key-locked elevator landing into the grand entry gallery, elegantly finished with marble slab flooring and trim, custom moldings, and framed with custom metal and glass pocket doors. Three grand entertaining rooms – a formal dining room, formal living room, and study/sitting room – all flow together beautifully, wrapping the northeast corner of the apartment and allow for large-scale gatherings as well as more intimate moments. These spaces are custom designed with details including intricate moldings and built-in millwork, white oak herringbone flooring, and stunning northern views of Central Park and eastern exposures to the river through oversized windows. The windowed eat-in kitchen, custom-designed with hand-painted Christopher Peacock cabinetry, offers an expansive central island, Covelano Oro marble countertops, and a full appliance package including Wolf, Sub-Zero, and Miele appliances.
 
Encompassing the southeast corner of the residence, the home’s primary suite has been crafted for the ultimate in privacy and convenience. A south-facing primary bedroom with views of the Empire State Building, two primary bathrooms finished in Caldia Classico and Arabescato marble, and two walk-in closets make for an enviable retreat. A private en-suite guest bedroom facing south, powder room finished in white onyx, and separate laundry facilities complete this rare offering. Currently configured as a generous two-bedroom with multiple entertaining rooms, it is easily convertible back to a three-bedroom home with three en-suite baths as indicated in the alternate floor plan. A private storage unit and wine cellar both transfer with this unit.
 
Designed by the renowned architect Robert A.M. Stern and developed by Zeckendorf Development, 520 Park Avenue is an ultra-luxury limestone-clad skyscraper that defines modern opulence on Manhattan’s Upper East Side. This exclusive boutique tower features only 35 full-floor and multi-floor residences, each offering access to over 15,000 square feet of world-class amenities - headlined by a vaulted double-height indoor swimming pool bathed in natural light from a landscaped garden above. Additional features include a bi-level state-of-the-art fitness center, a private screening room, a walnut-paneled salon, and more. Every detail, from the grand bronze entry doors to the hand-carved stone latticework, is crafted to evoke the timeless elegance of New York's historic 1920s apartment houses while providing the absolute height of 21st-century comfort.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 6
- **Sqft**: 4,322 sqft
- **Stories**: 54
- **Year Built**: 2018
- **Price per Sqft**: $8,677
- **Common Charges**: $9,917.25 / Monthly
- **Monthly Taxes**: $16,334 / mo
- **Listed On**: Sep 25, 2026
- **Days on Market**: 3 Days

### Residence Features

- Common On Floor
- Common Area
- Valet
- Building Garden
- Sauna

### Building Amenities

- Clubhouse
- Sauna
- Valet

## Estimated Monthly Payment

**$215,872 / month**, assuming a 20% down payment ($7,500,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $189,620
- **Property Taxes**: $16,334
- **Common Charges**: $9,917

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

## Sales and market data

### Recent sales

15 apartments at 520 Park Avenue have recorded sales since September 2021, the most recent for $11,600,000 in March 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 18 (Apartment) | 4 | 4,613 | $11,600,000 | $2,515/ft² | March 19, 2026 | City record · MLS |
| DPH52 (Apartment) | — | 9,138 | $7,723,000 | $845/ft² | November 1, 2025 | City record |
| 31 (Apartment) | 4 | 4,628 | $22,000,000 | $4,754/ft² | July 29, 2025 | City record · MLS |
| DPH63 (Apartment) | — | 7,886 | $78,964,000 | $10,013/ft² | November 20, 2024 | City record |
| 21 (Apartment) | — | 4,628 | $18,500,000 | $3,997/ft² | September 13, 2024 | City record |
| 17 (Apartment) | 4 | 4,613 | $14,999,400 | $3,252/ft² | June 25, 2024 | City record · MLS |
| 19 (Apartment) | — | 4,613 | $17,000,000 | $3,685/ft² | September 18, 2023 | City record |
| 36 (Apartment) | — | 4,628 | $37,500,000 | $8,103/ft² | June 20, 2023 | City record |
| 23 (Apartment) | 4 | 4,628 | $21,500,000 | $4,646/ft² | January 30, 2023 | City record |
| 32 (Apartment) | — | 4,628 | $27,000,000 | $5,834/ft² | August 4, 2022 | City record |
| PH48 (Apartment) | 4 | 4,628 | $28,250,000 | $6,104/ft² | April 29, 2022 | City record |
| PH58 (Apartment) | — | 4,322 | $32,667,000 | $7,558/ft² | April 19, 2022 | City record |
| PH62 (Apartment) | — | 4,628 | $35,215,875 | $7,609/ft² | April 18, 2022 | City record |
| 25 (Apartment) | 4 | 4,628 | $19,500,000 | $4,213/ft² | October 14, 2021 | City record · MLS |
| PH50 (Apartment) | — | 4,628 | $36,000,000 | $7,779/ft² | October 7, 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

- **This home**: $37,500,000
- **Median sold price**: $3,890,000
- **Difference**: +$33,610,000 (+864%)
- **This home, $/ft²**: $8,677
- **Median $/ft²**: $1,914
- **Comparable sales**: 98
- **Sales from**: October 2024 – June 2026
- **Middle half of those sales**: $2,756,250 – $4,850,000

Based on condo three-bedroom sales in Lenox Hill.

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

- **Sale-to-list price**: 96.5% (87 sales)
- **Sold below asking**: 67% (87 sales)
- **Typical time to find a buyer**: 94 days (88 sales)
- **Typical time to close**: 58 days (84 sales)

Based on condo three-bedroom sales in Lenox Hill 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 520 Park Avenue

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2018 | $5,279/ft² | 16 |
| 2019 | $5,843/ft² | 10 |
| 2020 | $3,967/ft² | 3 (thin) |
| 2021 | $4,322/ft² | 5 |
| 2022 | $6,831/ft² | 4 (thin) |
| 2023 | $4,646/ft² | 3 (thin) |
| 2024 | $3,997/ft² | 3 (thin) |

Based on recorded sales at 520 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 June 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 520 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/520-park-avenue)

## Price and Property History for 520 Park Avenue, Unit PH59

Review the recorded listing activity for 520 Park Avenue, Unit PH59, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| November 11, 2025 | $40,000,000 | Listed for sale by Compass |
| November 11, 2025 | $37,500,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 520 Park Avenue #PH59 were $213,194 in 2026, up 8.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $2,144,096 | $31,924 | $2,112,172 | $1,705,548 | $213,194 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $2,060,095 | $186,712 | $1,873,383 | $1,566,683 | $195,835 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $1,419,543 | $186,712 | $1,232,831 | $1,419,543 | $177,443 | 12.5% |
| 2023 (FY 2023/24) | $1,454,262 | $186,712 | $1,267,550 | $1,450,660 | $119,078 after $62,284 abatement | 12.502% |
| 2022 (FY 2022/23) | $1,449,761 | $186,710 | $1,263,051 | $1,449,761 | $53,516 after $124,326 abatement | 12.267% |
| 2021 (FY 2021/22) | $1,456,689 | $186,710 | $1,269,979 | $1,456,689 | $53,304 after $124,922 abatement | 12.235% |
| 2020 (FY 2020/21) | $1,662,095 | $186,710 | $1,475,385 | $1,662,093 | $203,889 | 12.267% |
| 2019 (FY 2019/20) | $1,647,164 | $186,710 | $1,460,454 | $1,647,164 | $205,451 | 12.473% |

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 1013751440. 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

### 520 Park Avenue

Lenox Hill · Condominium

520 Park Avenue, New York, NY 10065

A building in Lenox Hill, currently featuring 2 active listings.

- **Year Built**: 2018
- **Active Units**: 2
- **Floors**: 54

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/520-park-avenue)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PH59](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/520-park-avenue-ph59-ny-10065) | 3 | 4 | 4,322 sqft | $8,677 | $37,500,000 | Compass | Sep 25, 2026 | 2 days |
| [22](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/520-park-avenue-22-ny-10022) | 4 | 5 | 4,628 sqft | $4,212 | $19,495,000 (-2.4%) | Corcoran Group | Feb 10, 2026 | 229 days |

## 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

- [520 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/520-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.