#RLS10987882, STEVEN ADAM COHEN, Listing Office: Douglas Elliman Real Estate

500 Park Ave Unit Penthouse39/40 New York City, NY 10022
Property details
About 500 Park Ave Unit Penthouse39/40
Experience unparalleled luxury in this magnificent 17-room Penthouse tower residence, spanning over 9,000 ft² and occupying the entire 39th and 40th floors of a premier white-glove Condominium at Park Avenue and 59th Street. A renowned architect custom designed this extraordinary home that is complemented by a large stunning entertaining terrace and offers breathtaking, unobstructed panoramic views of the Manhattan skyline and Central Park. Lower Level: The elevator opens to an elegant Foyer on the 39th floor, with a Circular Gallery connecting to an enfilade of grand public rooms. Each of the 70 oversized picture windows showcase open city and park views. The distinguished library, adorned with custom paneling, features a fireplace and multiple French doors that open to a luxurious 24’ x 27’ 9’’ irrigated and planted entertaining terrace, designed by renowned landscape architect Ken Smith. Nearby, a stunning Powder Room designed by Thomas Hucker adds a touch of artistry. The entertainment rooms include a corner Living Room, a Study with fireplace, and an impressive corner Formal Dining Room with dramatic Central Park views, comfortably seating 18 guests. A Pantry with abundant storage for grand entertaining leads to the massive, double-sized custom-designed eat-in St. Charles kitchen, equipped with three sinks, granite counter tops, Bendheim glass cabinets, and top-of-the-line appliances, including La Cornue and Wolf ovens, two Sub-Zero refrigerators and two Miele dishwashers. The Kitchen opens to a large casual Breakfast Room for informal dining and a Media Room. This level also includes a Laundry Room, an additional Powder Room, and a private Bedroom with an en-suite Bath. Upper Level: The 40th floor, accessed via a custom-designed dramatic architecturally significant staircase, leads to the mezzanine hosting the private living quarters. The luxurious corner Primary Suite, situated in its own private wing, features a stunning northeast-facing Bedroom with two en-suite split Dressing rooms and Baths. The east-facing spa Bath includes heated floors, a giant soaking tub, a separate shower, and a large Dressing Room with a walk-in closet. The north side of the Primary Suite boasts a double Dressing Room and a second Primary Bathroom with a soaking tub and heated floors, offering complete privacy. The two additional wings feature four Bedrooms, two of which are corner Bedrooms with fireplaces, a Sitting Room/5th Bedroom, two full Baths with tubs, a Wet Bar, a Home Office, and an additional Laundry Room. This home is ideal for opulent entertaining and luxurious living. Additional features include: central air conditioning and electric shades and generous storage throughout. Designed by James Polshek, 500 Park Tower condominium offers the finest amenities, including full-time doormen, concierge services, and private storage. Residents enjoy living in one of Manhattan’s most sought-after neighborhoods, close to the best shopping, fine dining, and a short distance to Central Park. Current monthly assessment through 6/25 $1,822.14. NO WEEKEND SHOWINGS M-F 9am-5pm
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Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Appliances: Dryer, Dishwasher, Washer
- Flooring Type: Hardwood
- Fireplace: Decorative
- Total Bedroom Count: 7
- View: City, Water
- List Price: $15,000,000
- Price/SqFt: $1,653
- HOA Amount: $14,927
- HOA Frequency: Monthly
- Year Built: 1982
- Living Area: 9,072 SqFt
- MLS Number: RLS11027212
- MLS Name: RLS
- Office Name: Sothebys International Realty
- Office Phone: (212) 606-7660
- Listing Agent: Nikki Field
- Agent Phone: (212) 606-7669
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Last updated on: 5/6/2025, 3:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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500 Park Ave Unit Penthouse39/40
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Price information
Property sales
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Nearby schools
9
P.S. 267 East Side Elementary School
Public District KG-5
0.3 mi
•213 E 63rd St
8
P.S. 59 Beekman Hill International School
Public District KG-5
0.4 mi
•231 E 56th St # 249
8
P.S. 183 Robert L. Stevenson School
Public District KG-5
0.7 mi
•419 E 66th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $122,845. The majority of New York City, NY residents have income $200k+ annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 500 Park Ave Unit Penthouse39/40
The listing price of 500 Park Ave Unit Penthouse39/40 property is $15,000,000.
The property 500 Park Ave Unit Penthouse39/40 is a condo located in New York City, New York, 10022.
Active Listing: 500 Park Ave Unit Penthouse39/40 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 500 Park Ave Unit Penthouse39/40 are: P.S. 267 East Side Elementary School (GreatSchools Rating 9/10), P.S. 59 Beekman Hill International School (GreatSchools Rating 8/10), P.S. 183 Robert L. Stevenson School (GreatSchools Rating 8/10), Ella Baker School (GreatSchools Rating 7/10), J.H.S. 167 Robert F. Wagner School (GreatSchools Rating 8/10), City Knoll Middle School (GreatSchools Rating 2/10), Art and Design High School (GreatSchools Rating 8/10), Talent Unlimited High School (GreatSchools Rating 7/10), Manhattan International High School (GreatSchools Rating 1/10).
The property at 500 Park Ave Unit Penthouse39/40 has 7 bedrooms and 4 full and 2 half bathrooms.
The property 500 Park Ave Unit Penthouse39/40 is 9,072 SqFt (source: MLS/tax record).
The year of construction for 500 Park Ave Unit Penthouse39/40 is 1982.
This home is located at 500 Park Ave Unit Penthouse39/40 in New York City, NY and zip code 10022 in the Midtown East neighborhood. This 9,072 square foot home was built in 1982. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $15,000,000.
New York City, NY housing market in April 2025 saw over 210 listings sold above listed price, more than 792 sold at listed price and over 652 sold below. Between March and April 2025, New York City, NY real estate market has seen increase in the number of listings by 1.7%. In April 2025, listings were on the market for 131 days. During the same period, the median list price in this real estate market was $870,078.