Residential For Sale500 Park Avenue Ph40, New York City, New York 10022

500 Park Avenue Ph40, New York City, New York 10022

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Property Description

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.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
RLS20071581
Price:
$15,000,000
View:
City, Park/Greenbelt
Bedrooms:
7
Rooms:
17
Bathrooms:
5
Year Built:
1959
Status:
Active
Office Name:
Douglas Elliman Real Estate
Agent Name:
Frances W Katzen
Full Bathrooms:
4
Property Sub Type:
Duplex
Features
Cooling System:
Other
Basement:
Other
Fireplace:
Bedroom, Library
Patio:
None
Exterior Features:
Private Outdoor Space Over 60 Sqft
Fireplaces Total:
1
Laundry Features:
Building Other
Appliances
Appliances:
Washer Dryer Allowed
Address Map
Country:
US
State:
NY
County:
New York
City:
New York City
Zipcode:
10022
Street:
PARK
Street Number:
500
Street Suffix:
Avenue
Longitude:
W74° 1' 48''
Latitude:
N40° 45' 47.4''
Unit Number:
PH40
Additional Information
Entry Level:
39
Levels:
Two
Number Of Units Total:
53
On Market Date:
2026-02-11
Stories Total:
40
Financial
Association Fee:
16682.0
Association Fee Frequency:
Monthly
Listing Information
List Agent Mls Id:
41565
List Office Mls Id:
51
Modification Timestamp:
2026-02-17T21:14:31Z
Originating System Name:
RLS
Special Listing Conditions:
Standard
Status Change Timestamp:
2026-02-11T15:59:30Z
Residential For Sale
Listing ID:
RLS20071581
Bedrooms:
7
Bathrooms:
5
$15,000,000
Agent info
Contact Agent