RealtyLens
for saleRealtyLens property overview
$5,995,000

515 Park Ave Apt 5A

New York, NY, 10022
View more New York, NY property pages
3Beds
3.5Baths
2,520Sqft
$2379$/sqft

Listing Notes

Welcome to Apartment 5A at 515 Park Avenue, a testament to luxurious living, where the elegance of a bygone era meets contemporary sophistication. Upon entering, you're greeted by the exquisite herringbone floors, their light stain signaling a modern touch within a space designed with prewar inspiration. The expansive layout of this residence, a three-bedroom, 2.5-bathroom home features generously proportioned rooms and high ceilings. These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue. This home's heart lies in the chefs kitchen, a culinary dream equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. The oversized entry gallery that connects the bedrooms, each with en-suite bathrooms, emphasizes privacy and flow. The formal living and dining rooms, alongside a generous library, are illuminated by oversized windows, making this apartment an ideal space for entertainment or relaxation. Further elevating the residence are recent upgrades that include fine woodwork, individual climate control, and wiring for surround-sound stereo systems. The apartment also features a discreet half bath for guests, an in-unit laundry room with washer/dryer, and a kitchen with a service entrance and direct elevator access, encapsulating the essence of thoughtful and luxurious design. 515 Park Avenue, designed by Frank Williams & Associates, is a post-modern condo building that seamlessly integrates the Italian Renaissance-palazzo style with modern amenities and services. Residents benefit from white-glove service, including full-time doormen, concierges, and valets, as well as access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, and a tranquil library. The exclusivity extends to private, climate-controlled wine cellars and individual storage rooms, with only 30 apartments across 43 stories, ensuring a unique and intimate living experience. Situated in a serene yet convenient location close to the Midtown Business District, this apartment is moments away from renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options readily available. The living rooms views of Central Park provide a serene backdrop, encapsulating the ultimate New York City living experience. Apartment 5A at 515 Park Avenue isnt just a residence; its a sanctuary within the city, offering a lifestyle of unparalleled luxury and convenience.

Market Insights

Above nearby median+52%

$2379/sqft vs a nearby median of $1563/sqft.

Nearby median$1563/sqft
Nearby properties8
Property size2,520 sqft
  • +52% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,520 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.13M$2.79M$3.46M · 33% confidence
vs ask $6.00M+$2.87M (+47.9%)

Asking price is about 47.9% above where comps + adjustments land — there is room to negotiate.

$1,253/sqft median across 4 tight comps × 2,520 sqft= $3.16M
  • Transit access+$126k +4.0%
  • Days-on-market gravity−$95k −3.0%
  • Open DOB violations−$32k −1.0%
  • Virtually staged−$32k −1.0%
Cumulative NYC adjustments−$32k−1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+52% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
748 days
Last price change
No change recorded
Listed
Apr 25, 2024
Photos
20 photos
Property type
condos
Status
for sale
Last sold
Dec 28, 2010 · $7,000,000

Features & Amenities

DoormanGymHardwood FloorsRecreation FacilitiesBasementSingle StoryHigh CeilingWine CellarLibraryElevatorEnsuiteViews

Photos

Building Facts

Year built
1999
Stories
42
Total units
96
Residential units
57
Building area
3.21 ac
Lot size
6,025 sqft
Land use
Multi-family elevator buildings
Building class
RD

From NYC public records where available.

Price History

May 4, 2026Initial record
$5,995,000for sale

Public Records

DOB violations18 open

75 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)11,275

Top: illegal parking

Top complaint types in ZIP 10022

  • Illegal Parking1,366
  • Noise770
  • Street Condition728
  • HEAT/HOT WATER650
  • Noise - Residential557

Recent DOB

  • Dec 1, 2023V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
  • Dec 1, 2022V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
  • Dec 21, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
  • Dec 21, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.