521 Park Ave. Condo

521 Park Ave. Condo is a condo located 521 Park Avenue, in Lenox Hill, New York. The building was first built in 1912 and is 112 years old. The lot that the building was built on is 100 feet wide and 60 feet long. The official lot area is listed as 6,025 square feet. In total, 521 Park Avenue has a total floor area of 49,749 square feet. Of that, 43,122 square feet are used for residential purposes. About 6,627 square feet of the building are used for commercial purposes. There are a total of 29 units. Of those, 24 are residential units. There are 5 commercial units. 521 Park Avenue has a total of 12 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. For those who love to work out, there is a fitness center. Both dogs and cats are allowed in the building! There are 249 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 332 days Meaning, listings tend to sell at a median of $2,195 price per square foot. The transaction that took the longest to complete was unit 4B, listed on Jan 14, 2016 for $4,500,000. This particular unit ultimately sold 349 days later for $3,900,000. The most recent transaction was for unit D, sold for $1,500,000 on Aug 15, 2023. Fun fact, the oldest transaction we have on record took place on Jun 28, 1989. See the full transaction history for 521 Park Ave. Condo below.

Lenox Hill, where 521 Park Avenue is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,995,000. For interested buyers, that means the building's median asking price is around 1.12% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,495,000. It is a 1,911 sqft 1-bedroom and 2-bathroom unit.