Condominium · 1998
52 Park Avenue
52 Park Avenue, New York, NY 10016
Buildings·Midtown East·Condominium

52 Park Avenue

52 Park Avenue, New York, NY 10016

CorridorMidtown East
At a glance
Year built
1998
Type
Condominium
Units
17
Floors
22
Landmark
No
Pets
Pet-friendly under the condominium rules
Subletting
Permitted under the condominium declaration
Pied-à-terre
Allowed
The Data Room

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
$1,300
Listing discount
5.6%
Recorded sales
43
On record
2004–2026

52 Park Avenue is a boutique twenty-two-story condominium built in 1998 on Park Avenue in Murray Hill, mid-block between East 37th and East 38th Streets. Its defining feature is its layout economy: seventeen residences across the tower, most of them full-floor, with fourteen single-floor simplexes and three duplexes. In a market where full-floor living usually means a prewar co-op or a trophy new-construction tower, 52 Park delivers whole-floor condominium residences — one home per landing, private elevator arrival, and light on multiple exposures — at a Murray Hill address.

The building sits on the stretch of Park Avenue below Grand Central where the avenue transitions from Murray Hill's low-rise residential fabric toward Midtown East's commercial core. That location puts Grand Central, the Midtown office district, and the neighborhood's restaurants and services within a short walk, while the mid-block position keeps the building quieter than the avenue corners. The common roof deck delivers open skyline views, and the building has been kept current — a renovated lobby, modernized elevators, and updated security.

This is a small building whose appeal is the floor plate. With seventeen residences, pricing turns on the specifics of each home — floor, whether it is a simplex or a duplex, exposure, and outdoor access — rather than on any building-wide figure.

Architecture and unit composition

52 Park Avenue is a late-1990s tower whose interest lies less in its facade than in its plans. The predominant residence is the full-floor simplex — one apartment per floor, entered off a private landing, with the cross-exposure and light that whole-floor living provides. Three duplexes add larger, vertically organized homes to the mix, including at the top of the building. The result is a building of large residences in a compact tower: seventeen homes over twenty-two stories, with commercial and mechanical uses accounting for the balance.

The amenity package is pitched above the building's size — a doorman on a daytime-into-evening schedule, a renovated lobby, modernized elevators, a common roof deck with skyline views, an outdoor playground, private storage, and camera security — giving residents a serviced, family-friendly building without the cost structure of a full white-glove tower.

Building operations

52 Park Avenue operates as a boutique full-floor condominium. Staffing runs on a doorman schedule rather than around-the-clock coverage, and the building has invested in keeping its systems current — a renovated lobby, new elevators, and an updated security-camera system. Common charges reflect a small building carrying real amenities, including the roof deck and playground; buyers should model the full monthly carry and review reserves and capital history during due diligence, as is prudent for any condominium now more than two decades into occupancy. In a seventeen-unit building, the character of ownership skews toward long-term, primary-residence owners of large apartments.

Recent sales

As a condominium, 52 Park Avenue prices on a price-per-square-foot basis, with the duplexes and the higher full-floor residences carrying the building's premiums. Turnover is light in a seventeen-unit building of large homes; both resale and owner-rental activity occur, but this is an ownership condominium, not a rental building. Apartment-level context — floor, simplex versus duplex, exposure, outdoor access, and condition — drives pricing far more than any building average, and the full-floor layout is the feature most likely to distinguish the building from conventional Murray Hill stacks.

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Feb 9, 20265
2 BR · 2 BA · 1,231 sf
$1,600,000$1,300/sf-5.6%
Apr 28, 2025PH
3 BR · 3.5 BA · 2,250 sf
$2,400,000$1,067/sf-4.0%
Apr 3, 202513
2 BR · 2 BA · 1,231 sf
$1,820,000$1,478/sfoff-mkt
Oct 1, 20246
2 BR · 2 BA · 1,231 sf
$1,690,000$1,373/sfoff-mkt
Sep 27, 20243
2 BR · 2 BA · 1,231 sf
$1,645,000$1,336/sf-11.1%
May 3, 20232
2 BR · 2 BA · 1,231 sf
$1,950,000$1,584/sf-6.9%
Apr 22, 2019PH20
3 BR · 2.5 BA · 2,088 sf
$1,950,000$934/sf-15.0%
Feb 15, 20197
2 BR · 1,231 sf
$1,550,000$1,259/sf-5.4%

Market read. Most recent trades (2026) cleared a median $1,300/sf across 1 sale. Median listing discount 5.6% 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.

15 · 1,231 sf+95%
$1,075,000 ($873/sf) 2005$2,100,000 ($1,706/sf) 2015
12 · 1,231 sf+74%
$1,095,000 ($890/sf) 2010$1,900,000 ($1,543/sf) 2014
2 · 1,231 sf+70%
$1,145,000 ($930/sf) 2005$1,510,000 ($1,227/sf) 2018$1,950,000 ($1,584/sf) 2023
6 · 1,231 sf+57%
$1,075,000 ($873/sf) 2009$1,550,000 ($1,259/sf) 2013$2,150,000 ($1,747/sf) 2014$1,690,000 ($1,373/sf) 2024
14+57%
$1,018,250 ($827/sf) 2005$1,095,000 2010$1,599,000 2013

Other recent transfers

DateUnitPrice
Oct 25, 201314$1,599,000
View all 43 recorded sales, sortable

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 1-00867-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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 to know if you’re buying

The full floor is the product. Most residences occupy an entire floor with private-landing arrival; that layout, and the three duplexes, are what set the building apart. Confirm exactly which floor plate and exposures a given unit carries.

This is a serviced boutique building. A doorman, roof deck, and playground back a small tower — a strong package for seventeen residences, but staffing is scheduled rather than 24-hour. Price accordingly.

Condo flexibility is real. Pied-à-terre, subletting, foreign buyers, and LLC/trust ownership are permitted under the declaration; closings run on condo timelines.

Underwrite a two-decade-old building. Review the reserve position and any capital history; modernized systems are a plus, but confirm the current state during due diligence.

Mansion tax thresholds apply. At this building's pricing, the $1M, $2M, and higher cliffs can be in play. Run pricing through the Mansion Tax Calculator.

What to know if you’re selling

Lead with the floor plate. Full-floor living on Park Avenue is the marketing story; photography and staging should read the whole-floor light and layout.

Pricing requires apartment-level comps. With seventeen residences, floor, simplex-versus-duplex, and outdoor access move the number more than any neighborhood average.

Own the address and the amenities. Park Avenue, the roof deck, and the family-friendly package are genuine selling points; market them plainly.

Comparable buildings

If you're considering 52 Park Avenue, also evaluate these nearby Park Avenue and Murray Hill buildings:

The Roebling Team at 52 Park Avenue

The Roebling Team at Compass works the full Murray Hill, Midtown East, and Park Avenue market, including its boutique full-floor condominiums. We publish this profile because buyers and sellers of small, whole-floor buildings deserve building-level intelligence — layout, operational reality, and apartment-level pricing context — rather than generic market commentary.

If you're considering a purchase or sale at 52 Park Avenue, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.

Considering a move at 52 Park Avenue?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com