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50 Park Avenue 1HNew York, NY 10016

For Sale

$1,625,000

Smart Buyer Rebate $20,313


Live/ Work

Step into an extraordinary opportunity in the heart of Manhattan! This unique live/ work co-op unit is now available in a sophisticated, full-service building on prestigious Park Avenue—just a short stroll to Grand Central and Penn Station.

With its own private entrance directly from Park Avenue, this versatile ground-floor space currently operates as a high-end dermatology office. Inside, you’ll find a spacious, light-filled reception room with oversized windows, a large windowed office complete with a wet pantry, three exam rooms, a private bathroom, and a flexible treatment space that was formerly a full bath.

Enjoy the comfort of recently updated tenant-controlled central air conditioning yearround. Whether you’re an entrepreneur seeking a luxurious office setting, a creative looking for a stylish studio, or a visionary ready to convert the space into a chic Manhattan residence, the possibilities here are immense. Residential conversion is permitted pending co-op board approval—buyers are advised to consult their architect to explore all options and confirm zoning.

And don’t miss the rooftop! Residents enjoy access to a beautifully appointed roof deck with comfortable seating and breathtaking skyline views—an urban sanctuary above it all.

Listed by Eric Ramme

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Compass

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(646) 436-0433

Last updated April 03, 2026

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Source: REBNY #RLS20079438

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodMurray Hill
  • Bedrooms3
  • Bathrooms1
  • Days on PrevuNew Today
  • Size1,200 sqft
  • Price per sqft$1,354

Amenities

  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

04/03/2026
Listed by Compass
$1,625,000

Estimated Closing Costs

Total
$25,750
Attorney Fees
$4,000
NYC Mansion Tax
$16,250
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,625,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 50 Park Avenue 1H

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time

Exterior

Construction

  • Number Of Units Total: 131
  • Stories: 1
  • Stories Total: 17
  • Structure Type: Multi Family
  • Year Built: 1940
  • Entry Level: 1

Features

  • Building Features: Elevator(s)

Measurements

  • Lot Size Dimensions: 42
  • Lot Size Units: SquareFeet

Interior

Measurements

  • Living Area: 1,200
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Murray Hill
  • Tax Block: 00867
  • Tax Lot: 0033

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 3 bedrooms and 1 bathroom in this co-op at 50 Park Avenue 1H.

Are pets allowed at 50 Park Avenue?

Yes, 50 Park Avenue allows pets. Check the Property Details for any relevant restrictions.

How does 50 Park Avenue 1H compare to other co-ops in Murray Hill?

This co-op is listed 96% above the average price for co-ops in Murray Hill and has been on the market for 400 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 1,200 sqft.

50 Park Avenue 1H is a 3-bedroom, 1-bath co-op for sale in New York NY 10016. On Prevu for 0 days at $1,625,000. This home features 1,200 square feet of living space, located in Murray Hill. The median listing price for co-ops in this area is $949,500. Property amenities include pets allowed and doorman. View other co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.