Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
563 Park Avenue #4E
Interested in this property?
Active For Sale Co-op

$2,450,000

$1,225 per sq ft

563 Park Avenue #4E

Lenox Hill, Manhattan

MLS® #RLS20022288

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,000

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,000 sq ft
Year Built 1910
Ownership Co-op
Maintenance $6,582/mo
Neighborhood Lenox Hill
Floor 4 of 13

Property Highlights

  • Exposure: East,South facing
  • Fireplace: 1 fireplace
  • Climate Control: Central Air, Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 4 of 13
Exposure East,South
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 1910
Living Area 2,000 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 01397/0001

Listing History

Event Date Price Change
Listed May 8, 2025 $2,850,000 -
Price Reduced Feb 12, 2026 $2,600,000 -8.8%
Currently May 4, 2026 $2,450,000 -5.8%

Description

Dramatic Park Ave 6 into 5 Stately and welcoming, this sun-filled 3 bedroom / 2.5 bathroom home in a distinguished prewar cooperative offers a smart layout, perfect for impressive entertaining and practical living alike. Timeless elegance has been preserved while modern upgrades, like central air conditioning, set 4E apart from its peers. 10' ceilings and oversized windows give the home an airy feel as light stretches across the floors at all hours of the day. Three wood-burning fireplaces, beautiful oak floors, and ample closets complete this wonderful home. Characterized by its old-world grandeur, this residence showcases exquisite Peter Dechar millwork that adds a sense of history and craftsmanship. The I.M. Pei-designed kitchen is an architectural masterpiece, blending iconic design with a functional layout. *A third party, FloorPlanSource, states the interior gross square footage to be approximately 2,000SF. The apartment transfers with separate storage. Building: -Built in 1910 by Walter B. Chambers -Wheelchair accessible -20 units, 13 stories tall -Full-time doorman, live-in superintendent -Bike Room, Laundry room -Pet friendly, Pied a terre permitted -50% financing permitted -2% flip tax (paid by purchaser) Apartment: -6 into 5 Rooms, 3 Beds, 2.5 Bath -Three wood-burning fireplaces -Designated Service Entrance -Large gallery perfect for dining and entertaining -Central A/C throughout -Approximately 2,000SF* -Conveys with a storage cage -Washer/dryer in-unit -Maint: $6,391/month

Features & Amenities

Interior Features

Built In Features Chandelier Crown Molding Eat In Kitchen High Ceilings Recessed Lighting Walk In Closets Building Washer Dryer Install Allowed Common On Floor In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 20
Stories 13
Structure MultiFamily

Financial Details

Maintenance $6,582/mo
Original Price $2,850,000
Previous Price $2,600,000

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

607

Median Asking Price

$1.18M

Median $/Sqft

$1,315

Avg Days on Market

N/A

New This Week

19

Price Reduced

34%

Sold (30 Days)

55

Median Sale Price

$1.29M

Live data from RLS at REBNY • Updated 5/4/26, 4:34 AM EST

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Location

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563 Park Avenue #4E, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
13
Floors
20
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $7,571,700
Land Value: $1,156,500
Exemptions: $0

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

Lot Area: 5,957 SF
Building Area: 57,847 SF
Built FAR: 9.71
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 monthly maintenance are $6,582 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,450,000 for 2,000 sq ft, the asking price per square foot is approximately $1,225. 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: RLS20022288
First Listed: 5/8/2025
On Market: 5/8/2025
Price Changed: 2/12/2026
Contract Date: 5/8/2025

Listing Courtesy of Compass - Mark Reynolds Blumenfeld

Listing Contact: (646) 460-6797

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 5/4/2026 at 8:34 AM UTC

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