$730,000

50 Park Ave Unit 5B New York City, NY 10016

$8,669
Closing credit¹
1 bed
1 full
Condo

Property details

About 50 Park Ave Unit 5B

New to the market - A beautifully renovated and quiet one-bedroom, one-bath home in a full-service Park Avenue pre-war building. The very spacious foyer has a coat closet, and leads to the large living room boasting two exposures: two windows to the west and a large picture window facing north. Original architectural details have been preserved in the herringbone wood flooring and high beamed ceilings, while more recent built-ins blend perfectly in the space. The windowed kitchen has been renovated with custom cabinets, granite countertop, and stainless steel appliances. A separate hall with two large closets leads to the bedroom. This room also features a double exposure with windows facing west and north. The adjacent bathroom has a large stand-up shower and is in mint condition. The home features oversized Tilt-n-Turn windows, through-the-wall AC and lots of closets.<br> <br> Designed by George F. Pelham and completed in 1940, 50 Park Avenue is an extremely well run co-op with excellent financials. Ideally located on the corner of 38th Street, it neighbors the 19th-century Union League Club and Pierpont Morgan Library & Museum, while Grand Central and Bryant Park are just a few blocks away. There is a full-time doorman and live-in resident manager. Amenities include a beautifully maintained and furnished roof deck with views of the Chrysler and Empire State Buildings, a laundry room, bike room, and storage. 70% financing is allowed, as are pied-a-terre purchases. Pets are welcome.<br> <br> <br>

Highlights

Home typeStock Cooperative
StatusActive
Year built1940
MLS #RLS20017690
ViewCity

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Interior: Dining Area
  • Total Bedroom Count: 1
  • View: City
  • Exterior: Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • List Price: $730,000
  • HOA Amount: $1599 Monthly
  • Year Built: 1940
  • MLS Number: RLS20017690
  • MLS Name: RLS
  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Roger Gillen
  • Agent Phone: (212) 967-5073

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 6/5/2025, 12:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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50 Park Ave Unit 5B, New York City, NY 10016 - living area featuring baseboards, crown molding, and beamed ceiling

$730,000

50 Park Ave Unit 5B

$8,669

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

P.S. 116 Mary Lindley Murray School

Public District KG-5

0.3 mi

210 E 33rd St

8

The River School

Public District PK-4

0.5 mi

425 E 35th St

8

P.S. 40 Augustus Saint-Gaudens School

Public District KG-5

0.9 mi

320 E 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,259. Residents of New York City, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
46%
35k-100k
26%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

78%
Single, No Kids
1%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
36%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 50 Park Ave Unit 5B

The listing price of 50 Park Ave Unit 5B property is $730,000.

The property 50 Park Ave Unit 5B is a condo located in New York City, New York, 10016.

Active Listing: 50 Park Ave Unit 5B is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 50 Park Ave Unit 5B are: P.S. 116 Mary Lindley Murray School (GreatSchools Rating 7/10), The River School (GreatSchools Rating 8/10), P.S. 40 Augustus Saint-Gaudens School (GreatSchools Rating 8/10), The 47 American Sign Language and English Lower School (GreatSchools Rating 4/10), Ballet Tech/Nyc Public School for Dance (GreatSchools Rating 10/10), J.H.S. 104 Simon Baruch School (GreatSchools Rating 8/10), Murray Hill Academy (GreatSchools Rating 5/10), Manhattan Academy for Arts and Languages (GreatSchools Rating 4/10), Unity Center for Urban Technologies (GreatSchools Rating 8/10).

The property at 50 Park Ave Unit 5B has 1 bedroom and 1 bathroom.

The year of construction for 50 Park Ave Unit 5B is 1940.

This home is located at 50 Park Ave Unit 5B in New York City, NY and zip code 10016 in the Murray Hill neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $730,000.

While more than 207 listings in New York City, NY in May 2025 were sold above asking price, there were more than 936 listings sold at asking price, and more than 737 were sold below. Between April and May 2025, New York City, NY real estate market has seen increase in the number of listings by 0.3%. While the average time on the market in May 2025 was 121 days, the median list price was $875,081.

From Rocket Homes Real Estate and based on county public records data.

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