$10,000,000
Updated 2 months ago
Off Market

500 Park Tower

500 Park Ave, PH-39/40

Midtown East, Manhattan | East 58th Street & East 59th Street

17.5 Rooms7 Beds4.5 Baths9,072 Square FeetCondo

$10,000,000
Common Charges$16,682
RE Taxes$11,931
Price Per SF
$1,102

Listing Features

  • Abundant Closets
  • BuiltIns
  • Combined Apartment
  • Corner Apartment
  • Deco Fireplace
  • Dressing Area
  • Duplex
  • Entry Foyer
  • Family Room
  • French Doors
  • Full Floor
  • Galley Kitchen
  • Home Office
  • Laundry Room
  • Library / Den
  • Mezzanine
  • Penthouse/Top Flr
  • Private Elevator
  • Recessed Lighting
  • Straight Staircase
  • Walk-in Closet
  • Washer / Dryer
  • Wet Bar
  • Picture Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Marble Bathroom
  • Powder Room
  • Soaking Tub

Outdoor space and views

  • Terrace [24'x27']
  • Central Park
  • City Views
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed

Property Description for 500 Park Ave, PH-39/40

A townhouse in the sky-where Manhattan unfolds in every direction.

Perched at the crown of the city, this extraordinary penthouse is defined by a spectacular planted entertaining terrace-an outdoor room in the sky-while the residence itself enjoys four distinct exposures, capturing light, skyline, and cityscape from every side. Sunrises, sunsets, Central Park, Midtown-every view, every hour, completely yours.

Spanning two full floors, the home has been thoughtfully curated to feel fluid, warm, and livable-an elegant counterpoint to the pace of New York below. Oversized picture windows frame sweeping vistas, while gracious public rooms transition effortlessly into more intimate private spaces, anchored by the terrace as the home's emotional and architectural centerpiece.

Living & Entertaining Level

The lower level unfolds as a sequence of expansive yet welcoming entertaining rooms, all bathed in natural light. The corner living and dining rooms are positioned to capture dramatic north and west city views, with Central Park stretching into the distance. A richly appointed library and study open directly to the terrace, creating a rare indoor-outdoor rhythm ideal for both large-scale entertaining and quieter moments.

The kitchen and adjacent breakfast and media rooms are designed for ease and flow, supporting both formal gatherings and everyday living without interruption.

Private Bedroom Level

The upper level is dedicated to private living, offering exceptional separation, scale, and privacy.

Primary Suite: Occupying its own secluded wing, the primary bedroom enjoys open northeast exposures, welcoming morning light and tranquil skyline views. Dual dressing rooms and spa-like baths are thoughtfully oriented to preserve privacy while maintaining a sense of air and calm.

Additional Bedrooms:

Two corner bedrooms are positioned to capture sweeping north and west views, each with fireplaces and an unmistakable sense of scale.

Additional bedrooms and sitting rooms are oriented along the south and east, benefiting from consistent light and expansive city vistas throughout the day.

Together, the bedroom wings create a true residential experience-quiet, private, and intentionally removed from the entertaining spaces below.

Set atop the iconic 500 Park Tower, a white-glove condominium offering full service and discretion, this residence combines architectural pedigree with a rare sense of openness and serenity. Perfectly positioned at the intersection of the Upper East Side and Midtown East, it offers immediate access to Central Park, world-class dining, shopping, and effortless walkability.

This is not simply a penthouse.

It's a horizon-level home-where New York feels expansive, calm, and entirely yours.


Listing History for 500 Park Ave, PH-39/40

Now
06/16/2026
TOM by Frances Katzen
Douglas Elliman
04/28/2026
$10,000,000 [-$5,000,000] [33.3%]
Price Drop by Frances Katzen
Douglas Elliman

Building Details for 500 Park Ave

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1984
Financing Allowed90%
Floors/Apts40/48
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.15 miles
Lexington Av/59 St
0.18 miles
5 Av/59 St
0.19 miles
Lexington Av/63 St
0.26 miles
5 Av/53 St
0.31 miles

Citi Bike

E 58 St & Madison Ave
0.07 miles
E 61 St & Madison Ave
0.12 miles

Contact Agent

Contact Agent

Frances Katzen
Douglas Elliman

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1830140