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7 Park Avenue 5BNew York, NY 10016

For Sale

$429,000

Smart Buyer Rebate - Ask

South-Facing Prewar Studio with Beautiful Modern Updates at 7 Park Avenue

Move right into this charming south-facing studio where thoughtful modern renovations blend seamlessly with classic prewar character. Beautifully updated throughout, the apartment features renovated flooring, a refreshed kitchen, and an updated bathroom, creating a turnkey home that requires minimal effort from its next owner. Original architectural details, including charming prewar arches, have been preserved, adding warmth and timeless appeal.

A welcoming entry foyer serves as a practical mudroom and transition space, leading to exceptional storage, especially for a studio. Two generously sized closets, including a walk-in closet, provide ample room to unload and stay organized before stepping into the versatile living area. The south-facing living space offers numerous layout possibilities for living, dining, sleeping, and working from home. Both the kitchen and bathroom feature their own windows, providing natural light and ventilation.

Located in the distinguished Emery Roth-designed 7 Park Avenue, residents enjoy white-glove service with a 24-hour doorman, concierge, roof deck, package room, and bike storage. Pied--terres and pets are welcome, and subletting is permitted after three years. A wonderful opportunity to enjoy classic Park Avenue living with many major updates already in place, where you can settle in comfortably and seamlessly make the space your own.

Listed by Yasmine Abdallah

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Leven Real Estate

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(912) 399-4773

Last updated June 14, 2026

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Source: REBNY #RLS20095698

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodMurray Hill
  • Bathrooms1
  • Days on Prevu11
  • HOA/Maint. Fees$1,186/month

Amenities

  • Pets Allowed
  • Concierge
  • Pied-A-Terre Allowed

Location

Mortgage Calculator

Listing History

06/04/2026
Listed by Leven Real Estate
$429,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $429,000 and a 25% 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 7 Park Avenue 5B

Association

Amenities

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

Fees

  • Association Fee: $1,186.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Year Built: 1930
  • Architectural Style: Prewar

Features

  • Building Features: Elevator(s), Storage
  • View: City

Financial

Taxes

  • Parcel Number: 0890-0001-00007-000-000005B

Interior

Features

  • Appliances: Stainless Steel Appliance(s)
  • Flooring: Hardwood
  • Interior Features: Storage

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Murray Hill
  • Tax Block: 00890
  • Tax Lot: 0001

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

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

There is bedrooms and 1 bathroom in this co-op at 7 Park Avenue 5B.

Are pets allowed at 7 Park Avenue?

Yes, 7 Park Avenue allows pets.

How does 7 Park Avenue 5B compare to other co-ops in Murray Hill?

This co-op is listed 48% below the average price for co-ops in Murray Hill and has been on the market for 389 less days than the typical home in this area.

7 Park Avenue 5B is a -bedroom, 1-bath co-op for sale in New York NY 10016. On Prevu for 11 days at $429,000. This residence is located in Murray Hill. The median listing price for co-ops in this area is $949,500. Additional amenities include pets allowed, doorman, and pied-a-terre allowed. Explore more 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.