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50 Park Ave APT 8A, New York, NY, 10016

1beds
1baths
850sqft
$850,000
$1,000price/sqft
$6,044/moest. monthly cost
$241,760/yrincome needed

About This Home

If you like to cook and entertain, this is the apartment for you. The kitchen has been extended to become one of the largest at 50 Park Avenue. Spacious and beautifully renovated, this oversized one-bedroom residence offers the perfect blend of prewar charm, modern updates, and exceptional storage in one of Murray Hill's most sought-after full-service cooperatives. Highlights of the windowed gourmet kitchen include: custom quarter-sawn oak cabinetry, quartz countertops, recessed lighting, ceramic tile flooring, and premium appliances, including a Miele range and refrigerator and Bosch dishwasher. In the expansive living room, classic herringbone oak floors, high ceilings, and generous proportions create a sense of warmth and sophistication. Northern and eastern exposures provide ample natural light throughout the day. Beyond, the apartment features a king-sized bedroom and abundant storage, with three California closets, including a walk-in. The renovated bathroom features contemporary finishes, large-format ceramic tile, and a deep soaking tub. 50 Park Avenue is a pet-friendly, distinguished full-service cooperative offering a full-time staff, live-in superintendent, landscaped roof deck with spectacular views of the Empire State and Chrysler Buildings, central laundry room, bike storage, and private storage. Ideally located just moments from Grand Central Terminal, Bryant Park, the Morgan Library, and numerous dining, shopping, and transportation options, this turnkey residence presents a rare opportunity to enjoy gracious prewar living in the heart of Manhattan.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
80
BikeVery Bikeable

Schools

5/10
8/10
Jhs 104 Simon BaruchGrades 6-80.9 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Property

Details

  • Parcel number: 0086700338A
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance *$998$11,976
Property Taxes $502$6,024
Electricity $246$2,954
Total$6,044$72,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,222/yr
40% on housing$181,320/yr
45% on housing$161,173/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,000This listing

vs Other Active Listings

Avg $/sqft

ZIP 10016$1,005
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10016$1,230
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-25Listed for sale$850,000
2022-09-07Sold$800,000
2022-06-20Pending sale$845,000
2022-05-02Listed for sale$845,000
2021-11-11Listing removed--
2021-05-31Price change$795,000
2021-05-23Price change$845,000
2021-05-14Listed for sale$885,000
2019-10-03Sold$680,000
2019-07-18Pending sale$725,000
2019-05-17Price change$725,000
2019-04-13Price change$730,000
2019-03-12Price change$749,000
2019-01-24Price change$765,000
2018-11-02Listed for sale$795,000
2018-08-21Pending sale$795,000
2018-06-25Price change$795,000
2018-06-04Price change$849,000
2018-05-11Listed for sale$895,000

For Sale by Agent

AgentPatrick Lilly
BrokerageCORE

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