50 Park Ave

50 Park Ave, Manhattan, NY, 10016

Description

50 Park Ave Unit 1H is a lovely building located in Manhattan's vibrant Murray Hill neighborhood. The building stands tall with 17 stories, providing expansive city views. Constructed in 1940, it features 69 units that vary in size from 550 to 1,200 square feet. This high-rise offers various bedroom options—1, 2, 3, or even 5, making it versatile for different needs. Recent sales show unit prices range from $1,750,000 to $1,757,000. The average closed price for units over the last year was around $660,417, with a lowest price of $480,000. The average price per square foot sits at $821, reflecting the value of its prime location. Units spend an average of 272 days on the market, showcasing the unique nature of the building and its sought-after amenities. Residents benefit from a full-service cooperative setup. A live-in superintendent handles day-to-day needs, while a 24-hour doorman ensures safety and convenience. The landscaped roof terrace provides a great outdoor space with stunning panoramic views, perfect for relaxing or entertaining. Additional amenities include a central laundry room, bike, and storage rooms. The building welcomes pets and allows financing up to 70%. It also accepts pieds-à-terre and co-purchasing. The architecture features some historic details that add character. High beamed ceilings create an open feel, along with herringbone hardwood floors and oversized windows allowing natural light. Many units also include spacious entry foyers and open windowed kitchens. The location also offers access to nearby points of interest. Grand Central Station is just a short walk away, and the Morgan Library and the Union League Club enhance the neighborhood’s charm. The views from the building include iconic landmarks like the Empire State Building and Chrysler Building, creating a unique city living experience.