Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $12,000,000

Listed at $14,999,999 · Sold 20.0% below asking · Closed June 30, 2023

515 Park Avenue #12-AB
Closed For Sale Condo

$14,999,999

$3,000 per sq ft

515 Park Avenue #12-AB

Upper East Side, Manhattan

MLS® #RLS10891495

RLS at REBNY

Listing by Nest Seekers LLC

6

Bedrooms

6.5

Baths

5,000

Sq. Ft.

1999

Year Built

Quick Summary

Bedrooms 6
Bathrooms 7 full, 1 half
Living Area 5,000 sq ft
Year Built 1999
Ownership Condo
HOA/Common Charges $9,779/mo
Property Taxes $67,584.96/yr
Neighborhood Upper East Side
Floor 12 of 43

Property Highlights

  • Views: City
  • Exposure: East,North,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 6 Full, 1 Half
Floor 12 of 43
View City
Exposure East,North,West
Cooling Central Air
Pets Yes
Cross Street East 59th Street/East 60th Street
Year Built 1999
Living Area 5,000 sq ft
Block/Lot 1394/7501

Listing History

Event Date Price Change
Listed Feb 20, 2023 $14,999,999 -
Currently May 1, 2026 $14,999,999 -

Description

Behold, a majestic residence, a full-floor condo that commands a splendid view of Park Avenue. This architectural masterpiece, envisioned by the renowned Tony Ingrao, boasts six palatial bedrooms and six-and-a-half exquisite bathrooms, embodying the epitome of Manhattan's timeless elegance and sophistication. The 5,000 square foot space presents striking herringbone hardwood floors, heightened by quadruple exposure that illuminates the space. The interiors are adorned with elegant crown molding and lofty ceilings, and accessible via a private elevator landing, leading to a spacious storage room. The dwelling is equipped with central heating and cooling, a laundry room, and full staff quarters, fitted with a private bathroom and closet, rendering it the quintessence of luxurious living.

Once through the polished entryway gallery, embellished with onyx and marble inlaid floors, one is greeted by an expansive living room (20' by 30'), boasting breathtaking North and West exposures. Adjacent to this grand living room, the impressive 14' by 27' formal dining room, providing direct access to the sizable eat-in kitchen, featuring dual exposure, breakfast nook, wet bar, pantry, a large central island, and granite countertops, embellished with a suite of top-tier stainless steel appliances.

The primary bedroom, located on the Park Avenue side of the building, flaunts a corner view, decked with two stunning built-ins, two colossal walk-in closets, and a windowed en-suite bathroom, featuring opulent marble walls and floors, his-and-hers sinks, a walk-in shower, and a separate soaking tub. Each of the remaining bedrooms has marble en-suite bathrooms and spacious closet areas. One of the bedrooms boasts French mahogany paneling, perfect for use as a library or home office.

Nestled in a prime location of Park Avenue between 59th and 60th Streets, 515 Park Avenue is situated just two blocks away from Central Park. The neighborhood boasts a plethora of upscale restaurants, bars, cafes, and shops, particularly those situated along Madison and Fifth Avenues. The building provides 24-hour concierge service, a meeting/entertaining room, attached catering kitchen, storage, wine cellar, and a fully equipped fitness center.

Pets are welcome, and the residence comes with a large storage bin. The transfer fee of 2% is paid by the buyer.

Features & Amenities

Interior Features

Entrance Foyer Pantry Building Washer Dryer Install Allowed Common Area

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $9,779/mo
RE Taxes $67,584.96/yr ($5,632/mo)
Sale Price $12,000,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

337

Median Asking Price

$1.72M

Median $/Sqft

$1,536

Avg Days on Market

N/A

New This Week

24

Price Reduced

30%

Sold (30 Days)

34

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 5/1/26, 11:24 AM EST

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Location

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515 Park Avenue #12-AB, Upper East Side, New York County • Near East 59th Street/East 60th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1998
Year Built
28 years old
42
Floors
57
Residential Units
C5-3
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $24,181,056
Land Value: $7,224,751
Exemptions: $0

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

Lot Area: 6,025 SF
Building Area: 139,973 SF
Built FAR: 23.23
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 $9,779 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $67,584.96, or roughly $5,632 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 6 full bathrooms and 1 half bathroom.

The listed interior living area is 5,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1999, making it approximately 27 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $14,999,999 for 5,000 sq ft, the asking price per square foot is approximately $3,000. 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: RLS10891495
First Listed: 2/20/2023
Price Changed: 2/20/2023
Closed: 6/30/2023
Contract Date: 2/20/2023

Listing Courtesy of Nest Seekers LLC - Marlon Schwarcz

Listing Contact: (310) 770-7111

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 5/1/2026 at 3:24 PM UTC

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