Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 Park Avenue #3D
Interested in this property?
Active For Sale Condo

$1,750,000

$1,418 per sq ft

525 Park Avenue #3D

Lenox Hill, Manhattan

MLS® #RLS20076556

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,234

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,234 sq ft
Year Built 1915
Ownership Condo
HOA/Common Charges $2,525/mo
Property Taxes $13,476/yr
Neighborhood Lenox Hill
Floor 3 of 15

Property Highlights

  • Exposure: East,North,South facing
  • Character: Pre-war building (1915)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 15
Exposure East,North,South
Pets Yes, CatsOk, DogsOk
Year Built 1915
Living Area 1,234 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 1395-1208
Block/Lot 01395/1208

Listing History

Event Date Price Change
Listed Mar 11, 2026 $1,750,000 -
Currently May 9, 2026 $1,750,000 -

Description

Bring your architect and create a bespoke Park Avenue residence. Sponsor sale - no board approval. Located in the distinguished pre-war condominium at 525 Park Avenue, Apartment 3D offers a rare opportunity to design a custom home in one of Manhattan’s most prestigious addresses. With approximately 10-foot ceilings, gracious proportions, and a versatile layout allowing for an array of living configurations, the apartment presents an exceptional canvas for a full-scale renovation. A gracious entry foyer opens into a large 20-foot living room and a separate formal dining space, ideal for entertaining. There is also a separate office/study space off the living room. The windowed kitchen is positioned just off the dining space and includes a secondary service entrance, offering excellent potential for a dramatic chef’s kitchen or one could open kitchen to dining for an eat-in design option. The private bedroom wing includes a spacious primary bedroom measuring over 21 feet in length, along with a sizable second bedroom that can easily serve as a guest room or proper library. Two full bathrooms and abundant closet space throughout further enhance the home’s functionality and flexibility. Designed in 1915 by the renowned architectural firm Schwartz & Gross in the elegant Italian Palazzo style, 525 Park Avenue is a full-service pre-war condominium offering white-glove amenities including a full-time doorman, concierge, live-in resident manager, fitness center, and private storage. Ideally located at Park Avenue and 61st Street, the building sits moments from Central Park and the luxury boutiques and renowned dining along Madison and Fifth Avenues. The nearby Equinox 61st Street offers additional wellness facilities including a pool, and two parking garages are conveniently located within a block. With flexible ownership allowing financing, LLCs, and trusts, Residence 3D presents a rare opportunity to craft a timeless Park Avenue home tailored entirely to your vision. Working capital contribution of one (1) month's common charges and one (1) month's real estate taxes paid by Purchaser. Note, photos have been virtually white-washed and emptied to show space and scale of rooms.

Features & Amenities

Interior Features

High Ceilings Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 48
Stories 15
Structure MixedUse

Financial Details

Common Charges $2,525/mo
RE Taxes $13,476/yr ($1,123/mo)

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

628

Median Asking Price

$1.50M

Median $/Sqft

$1,416

Avg Days on Market

N/A

New This Week

34

Price Reduced

35%

Sold (30 Days)

64

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/9/26, 2:07 PM EST

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Location

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525 Park Avenue #3D, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
15
Floors
48
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $17,881,652
Land Value: $4,807,351
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 9,942 SF
Building Area: 100,554 SF
Built FAR: 10.11
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,525 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,476, or roughly $1,123 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,234 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Pets allowed on a case by case basis with board approval. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,750,000 for 1,234 sq ft, the asking price per square foot is approximately $1,418. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20076556
First Listed: 3/11/2026
On Market: 3/11/2026
Price Changed: 3/11/2026
Contract Date: 3/10/2026

Listing Courtesy of Compass - Sophia Elghanayan

Listing Contact: (917) 216-4779

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 6:07 PM UTC

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