515 Park Avenue
515 Park Avenue, New York, NY 10022
BBL 1013947501 · BIN 1041908
- Year built
- 2000
- Type
- Condominium
- Units
- 36
- Floors
- 43
- Pets
- Permitted under condominium rules
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Requires confirmation
- Flip tax
- Tiered or formula; see fees
- Doorman
- Full-time doorman
- Financing
- No building financing limit stated in the materials reviewed; lender underwriting applies.
- Subletting
- Requires confirmation
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $2,659
- floor-adjusted, 1 sale
- Listing discount
- 13.6%
- Recorded sales
- 58
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 515 Park Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
515 Park Avenue is a 2000 condominium developed by Arthur W. and William L. Zeckendorf and designed by Frank Williams. It stands at Park Avenue and East 60th Street, near the boundary of Lenox Hill, Midtown East and the Plaza District.
Williams used limestone on the lower floors and limestone-detailed brick above, referring to the materials and classical detailing of nearby prewar apartment houses.
The same Zeckendorf development team later produced 15 Central Park West (2008) and 520 Park Avenue (2018), both designed by Robert A.M. Stern Architects.
Architecture and unit composition
The 36 condominium residences distribute across the 43-story tower with substantial floor plates. The mostly full-floor and half-floor configurations produce apartments substantially larger than typical modern condominium configurations — most units exceed 5,000 sf and many include private elevator vestibules. Upper-floor configurations and penthouses include terraces and exceptional view altitudes.
Frank Williams' signatures throughout: substantial ceiling heights, formal entry galleries, library-living combinations, primary suites with full closet and dressing infrastructure, formal dining rooms with butler's pantries, service wings — the pre-war architectural vocabulary executed with modern building systems and finishes.
View altitude is exceptional at the upper floors — looking north across Central Park, east across the East 60s, south across Midtown, west across Fifth Avenue and the Plaza District.
Building operations
515 Park operates as a luxury condominium with 24-hour doorman, concierge, valet parking, and the standard luxury-condo amenity package (fitness center, pool, spa, residents' lounge, private dining, screening room, library).
Obtain the current common-charge statement, unit property-tax bill and assessment notices for a 5,000 sf full-floor apartment; an unsourced $15,000–$25,000+ monthly range should not substitute for those documents.
The building contains 36 residences; use dated transfers and current listings to establish transaction volume.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- 2% of the gross proceeds of sale of the Residential Unit, Suite Unit, Storage Unit or Wine Cellar Unit
- Paid by
- Buyer
Source: building management's published schedule, as of September 2026
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Background Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Working Capital Fund Contribution | Paid by Buyer | When With the application | Amount One (1) month's common charges | Refundable Not stated |
| Move Out Fee | Paid by Seller | When With the application | Amount $500 | Refundable Not stated |
| Processing Fee | Paid by Seller | When With the application | Amount $700 ($750 without a Broker) | Refundable Not stated |
| Unit Deed and Unit Power of Attorney | Paid by Seller | When With the application | Amount $750 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Post Closing Documents Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Electric Deposit Fee | Paid by Seller | When With the application | Amount $1,500 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Requires confirmationSources differ. Confirm with building management.
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,628 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $4.28 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Valet
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, spa, residents' lounge, media room, garage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $86,440/yr
- Per unit / month range
- $0 – $126
- Modeled exposure split equally across 57 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Sublet policy
- Requires confirmation
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 18, 2026 | 6A | 3 BR · 3.5 BA · 2,520 sf | $6,700,000 | $2,659/sf | -10.6% |
| Jan 15, 2025 | 8A | 3 BR · 3.5 BA · 2,520 sf | $5,300,000 | $2,103/sf | -19.7% |
| Nov 25, 2024 | 15 | 7 BR · 7 BA · 6,514 sf | $20,000,000 | $3,070/sf | -20.0% |
| May 1, 2024 | 34 | 4 BR · 4,927 sf | $14,500,000 | $2,943/sf | — |
| Jul 24, 2023 | 18 | 3 BR · 4 BA · 3,257 sf | $13,500,000 | $4,145/sf | -3.5% |
| Jun 30, 2023 | 12AB | 6 BR · 6.5 BA · 5,000 sf | $12,000,000 | $2,400/sf | -20.0% |
| Mar 2, 2023 | 34 | 5 BR · 4 BA · 5,000 sf | $14,500,000 | $2,900/sf | -24.7% |
| Dec 14, 2020 | 6A | 3 BR · 3.5 BA · 2,520 sf | $5,450,000 | $2,163/sf | -9.1% |
Market read. Most recent trades (2026 to date) cleared a median $2,659/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 13.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01394-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 515 Park Avenue and nearby.
At the recent median sale of $6.7M (3 sales in the past 24 months, since November 13, 2024), a buyer putting 25% down would pay about $317,301 to close, or 4.7% of the price.
- Mansion tax: $150,750
- Mortgage recording tax: $96,731
- Title insurance: $30,150
- Attorneys, lender, building fees, reserves and filings: $39,670
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 515 Park Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 515 Park Avenue.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Review systems and capital work. The building dates to 2000; obtain recent engineering reports, reserve information and board materials to assess present condition.
Review the actual resale inventory. The 36-unit count does not establish buyer composition or turnover; compare current listings and dated sales.
Match the actual apartment scale. Compare full-floor and half-floor layouts with similar homes, rather than treating a 1,500–3,000-square-foot apartment as interchangeable with a residence exceeding 5,000 square feet.
Confirm the condominium's policies. Leasing by owners requires confirmation; confirm foreign-buyer, pied-à-terre and investment-use rules and closing timing in the declaration, bylaws and house rules.
Confirm specific policies directly with management. Current building condition, pet policy details, sublet specifics, common charge levels, and capital expenditure pipeline should be verified during contract review.
What to know if you’re selling
Pricing requires apartment-level context. Establish the available sample from dated closings, then compare floor, exposure and configuration; the building’s apartment count does not establish transaction volume.
Closing timelines vary. There is no co-op board interview; timing depends on the condominium's right-of-first-refusal process, financing and the contract.
Comparable buildings
For scale comparisons, the profile reports 92 residences at One57, 147 at 432 Park, and 179 at Central Park Tower. Counts alone do not establish staffing, operating costs or turnover.
If you're considering 515 Park Avenue, also evaluate:
- 15 Central Park West — Zeckendorf-Stern 2008; CPW positioning, ~202 units
- 520 Park Avenue — Zeckendorf-Stern 2018; Park Ave Gold Coast supertall, 33 units
- 220 Central Park South — Vornado development, Robert A.M. Stern Architects design, 2018; CPS positioning, 100 units
- 740 Park Avenue — Candela 1929–30; pre-war Gold Coast peer, 33 apartments
- 720 Park Avenue — Candela 1929; pre-war Gold Coast peer, 31 apartments
- The Pierre Residences — pre-war Pierre Hotel-affiliated condos at Fifth & 61st
More Park Avenue buildings
- 500 Park Avenue — 1984 condominium
- 502 Park Avenue (Trump Park Avenue) — 1929 condominium by Costas Kondylis & Partners
- 510 Park Avenue — 1925 co-op
- 520 Park Avenue — 2018 condominium by Robert A.M. Stern Architects
- 525 Park Avenue — 1914 condominium by Schwartz & Gross
- 530 Park Avenue — 1940 condominium by George F. Pelham
The neighborhood
For the full corridor — architecture, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 515 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com