$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

  • 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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Last updated on: 4/24/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room with 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. Typical income of New York City, NY residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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

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.

In March 2025, from all listings sold in New York City, NY there were more than 180 sold above asking price, over 693 sold below and more than 763 were sold right at the asked price. In March 2025 in New York City, NY there were 5.1% more homes for sale than in February. In March 2025, listings were on the market for 143 days. During the same period, the median list price in this real estate market was $869,492.

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

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