500 PARK Avenue #PH40
MLS® #RLS20071581
Listing by Douglas Elliman Real Estate
7
Bedrooms
4.5
Baths
9,072
Sq. Ft.
1959
Year Built
Quick Summary
Property Highlights
- Views: City, Park Greenbelt
- Fireplace: 1 fireplace
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 11, 2026 | $15,000,000 | - |
| Currently | Apr 28, 2026 | $10,000,000 | -33.3% |
Description
A townhouse in the sky-where Manhattan unfolds in every direction.
Perched at the crown of the city, this extraordinary penthouse is defined by a spectacular planted entertaining terrace-an outdoor room in the sky-while the residence itself enjoys four distinct exposures, capturing light, skyline, and cityscape from every side. Sunrises, sunsets, Central Park, Midtown-every view, every hour, completely yours.
Spanning two full floors, the home has been thoughtfully curated to feel fluid, warm, and livable-an elegant counterpoint to the pace of New York below. Oversized picture windows frame sweeping vistas, while gracious public rooms transition effortlessly into more intimate private spaces, anchored by the terrace as the home's emotional and architectural centerpiece.
Living & Entertaining Level
The lower level unfolds as a sequence of expansive yet welcoming entertaining rooms, all bathed in natural light. The corner living and dining rooms are positioned to capture dramatic north and west city views, with Central Park stretching into the distance. A richly appointed library and study open directly to the terrace, creating a rare indoor-outdoor rhythm ideal for both large-scale entertaining and quieter moments.
The kitchen and adjacent breakfast and media rooms are designed for ease and flow, supporting both formal gatherings and everyday living without interruption.
Private Bedroom Level
The upper level is dedicated to private living, offering exceptional separation, scale, and privacy.
Primary Suite: Occupying its own secluded wing, the primary bedroom enjoys open northeast exposures, welcoming morning light and tranquil skyline views. Dual dressing rooms and spa-like baths are thoughtfully oriented to preserve privacy while maintaining a sense of air and calm.
Additional Bedrooms:
Two corner bedrooms are positioned to capture sweeping north and west views, each with fireplaces and an unmistakable sense of scale.
Additional bedrooms and sitting rooms are oriented along the south and east, benefiting from consistent light and expansive city vistas throughout the day.
Together, the bedroom wings create a true residential experience-quiet, private, and intentionally removed from the entertaining spaces below.
Set atop the iconic 500 Park Tower, a white-glove condominium offering full service and discretion, this residence combines architectural pedigree with a rare sense of openness and serenity. Perfectly positioned at the intersection of the Upper East Side and Midtown East, it offers immediate access to Central Park, world-class dining, shopping, and effortless walkability.
This is not simply a penthouse.
It's a horizon-level home-where New York feels expansive, calm, and entirely yours.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Midtown East
View All Midtown East ListingsMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
Midtown East Live Market Data
View NeighborhoodActive Listings
238
Median Asking Price
$1.54M
Median $/Sqft
$1,559
Avg Days on Market
N/A
New This Week
7
Price Reduced
25%
Sold (30 Days)
14
Median Sale Price
$1.25M
Live data from RLS at REBNY • Updated 4/28/26, 2:36 PM EST
Similar Listings in Midtown East
View AllBrowse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
500 PARK Avenue #PH40, Midtown East, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $16,682 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 7 bedrooms and 4 full bathrooms and 1 half bathroom.
The listed interior living area is 9,072 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1959, making it approximately 67 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: Cats and dogs allowed,Building Pets Allowed Comments:Cats and dogs allowed. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $10,000,000 for 9,072 sq ft, the asking price per square foot is approximately $1,102. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Frances W Katzen
Listing Contact: (917) 705-1864
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 Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 6:36 PM UTC