#RLS11006469, Adam Modlin, Listing Office: Modlin Group LLC
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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
- MLS Number: RLS11027212
- MLS Name: RLS
- Office Name: Sothebys International Realty
- Office Phone: (212) 606-7660
- Office Email: joann.schwimmer@sothebyshomes.com
- Listing Agent: Nikki Field
- Agent Phone: (212) 606-7669
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Last updated on: 2/6/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![floor plan](/homes/listing-images/49742931_S0484/S0484/S0484-R0100/1101054345/1101054345-1.jpg?version=1738665518&width=640)
$19,500,000
500 Park Ave Unit Penthouse39/40
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Price information
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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. Most New York City, NY residents have annual incomes $200k+. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 500 Park Ave Unit Penthouse39/40
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 $19,500,000.
In January 2025 more than 208 listings in New York City, NY were sold above the asking price. During the same period more than 890 listings were sold at asking price, while more than 759 were sold below. The inventory of homes for sale in New York City, NY between December and January 2025 decreased by 3.4%. Listings spent 79 days on the market in January 2025, and had a median list price of $862,270 during the same period.