--- title: "502 PARK Avenue #11A, New York City, NY 10022" description: "502 PARK Avenue #11A, New York City, NY 10022 — Lenox Hill, New York City, NY. Listing Price $1,250,000. 1 bed, 1 bath, 717 sqft Illustrative Buyer Commission Share of $18,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/502-park-avenue-a-11A-ny-10022" source: "Real Estate Rebate Team" status: "Active" --- # 502 PARK Avenue #11A, New York City, NY 10022 Lenox Hill, New York City, NY **New Development · Sponsor Residence** Courtesy of Brown Harris Stevens Residential Sales LLC ## At a Glance - **Listing Price**: $1,250,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 717 - **Common Charges**: $1,440 / mo - **Price per Sqft**: $1,743 - **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**: $1,250,000 - **Illustrative Buyer Commission Share**: -$18,750* - **Illustrative Net Cost**: $1,231,250 *Illustrative Buyer Savings of $18,750 — 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 #11A, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40fb040b-de0f-485b-bfa2-a042a1eb6f76.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9b84a7a-aca0-4ee6-b185-c80bb8fc26c4.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2530f54-97e7-410d-bcc9-5c37a16f23a6.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46c988f1-1193-43ac-90d4-a2518711afe9.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9a8dcc9-1d55-4e87-a62e-ad853c0f05f0.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ce36023d-0fa6-48db-acc4-cb6bc3c5a1d2.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/000527ef-f1bf-457a-8e8b-fe8dda639312.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cecc916d-7a62-46b9-a816-1d514b57817d.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3fbc2712-3e26-4e8d-8883-74f0a86af2e1.jpg) ![502 PARK Avenue #11A, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c598e138-0681-41ee-a6b3-bdeda6db00d5.jpg) ## Property Overview A rare opportunity to own a beautifully renovated one-bedroom residence at the iconic 502 Park Avenue, one of Manhattan's premier pre-war condominiums offering exceptional white-glove service in the heart of Lenox Hill. Beyond the building's grand double-height lobby, residents enjoy an unparalleled lifestyle with a 24-hour doorman and concierge, resident manager, housekeeping and laundry services, a state-of-the-art fitness center, and valet parking available upon request-all delivering the comforts of five-star hotel living. Residence 11A seamlessly blends timeless European elegance with modern updates. A custom inlaid wood floor welcomes you into an expansive living and dining room, perfectly proportioned for both everyday living and gracious entertaining. Oversized mahogany French doors lead to a tranquil bedroom suite with a luxurious en suite marble bathroom. The home's newly renovated kitchen has been thoughtfully redesigned with refined finishes, custom cabinetry, beautiful stone countertops, and premium stainless steel appliances, creating a sophisticated space that is as functional as it is stylish. Perfectly positioned just moments from Central Park, the Museum of Modern Art, acclaimed restaurants such as Le Veau D'or, Fasano, Le Bilboquet, Avra, and the famous neighborhood diner, Viand Coffee Shop! Additionally, there is endless shopping on Madison Avenue at boutiques such as Celine, Tod's, Isabel Marant, and many more. It is also conveniently located just blocks from many social clubs such as Coco's at Colette, The Metropolitan Club, and CORE. Residence 11A offers an exceptional opportunity to enjoy effortless luxury living with the impeccable service for which 502 Park Avenue is renowned. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 717 sqft - **Stories**: 31 - **Year Built**: 1927 - **Price per Sqft**: $1,743 - **Common Charges**: $1,440 / Monthly - **Listed On**: Jun 29, 2026 - **Days on Market**: 83 Days ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Estimated Monthly Payment **$7,761 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,321 - **Common Charges**: $1,440 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $1,250,000 - **Median sold price**: $999,000 - **Difference**: +$251,000 (+25.1%) - **This home, $/ft²**: $1,743 - **Median $/ft²**: $1,310 - **Comparable sales**: 118 - **Sales from**: September 2024 – August 2026 - **Middle half of those sales**: $805,000 – $1,200,000 Based on condo one-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**: 94.9% (102 sales) - **Sold below asking**: 83% (102 sales) - **Typical time to find a buyer**: 92 days (106 sales) - **Typical time to close**: 63 days (107 sales) Based on condo one-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 sale price, condo and house one-bedroom sales in Lenox Hill | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,195,000 | 19 | | 2017 | $1,195,000 | 57 | | 2018 | $1,100,000 | 68 | | 2019 | $950,000 | 57 | | 2020 | $993,750 | 36 | | 2021 | $941,000 | 65 | | 2022 | $931,000 | 77 | | 2023 | $972,500 | 53 | | 2024 | $1,025,000 | 72 | | 2025 | $995,000 | 58 | | 2026 YTD | $997,500 | 40 | Based on recorded condo and house one-bedroom sales in Lenox Hill. 2026 is year-to-date. 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. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## 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 - [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.