520 Park Avenue LENOX HILL, MANHATTAN
SUMMARY
42
2018
Building Type: Condo
Building Stage: Resale
Report Date: December 3rd, 2025
$15M - $78.96M Sold Last 24-Months
Sales Started: 11 Years Ago (04/26/2015)
Closings Started: 7 Years Ago (08/30/2018)
Offering Type: New Construction Condominium
Developer: Zeckendorf Development, Global Holdings
Architect: Robert A. M. Stern Architects, Slce Architects
Landscape Design: --
520 Park Avenue is a luxury residential tower located in Lenox Hill, completed in 2018 by developers Zeckendorf Development and Global Holdings, with architectural design by Robert A M Stern Architects and SLCE Architects The limestone-clad building rises 51 floors and contains 42 units. Building amenities include 24-hour concierge and doorman services, elevators, a landscaped garden, an indoor swimming pool with
AMENITIES
double-height ceilings, fitness center and pilates studio, resident lounge, screening room, parking, and pet-friendly policies The property lies at the intersection of the Upper East Side Historic District and the Plaza District, providing convenient access to Central Park, Fifth Avenue shopping, fine dining, and cultural institutions.
520 Park Avenue
The average asking price of units at 520 Park Avenue is $16 8M, with an average price per square foot of $3,635 The average sold price stands notably higher at $48.7M with a sold price per square foot of $4,001. Units in the building are full-floor simplex and duplex residences, totaling 42 units These figures provide insight into the building's luxury status and high-value market positioning, reflecting significant demand and premium pricing trends over the past 24 months.
LENOX HILL NEIGHBORHOOD ANALYSIS
CONTRACTS
Sales Contract Activity in Lenox Hill / Q3 2025
During the last quarter in Lenox Hill, there were 158 contracts encompassing 3 new developments, 49 resale condos, and 91 resale coops. This marks an increase from 147 contracts the previous year, which included 11 new developments, 40 resale condos, and 85 resale coops The number of resale condos and coops has grown, while new development contracts have decreased compared to the previous period. Overall, the neighborhood shows heightened transaction activity across resale properties
LENOX HILL NEIGHBORHOOD ANALYSIS
PRICE
Average Sold Price / SF in Lenox Hill / Q3 2025
$1,823
In the last completed quarter, average price per square foot (PPSF) in Lenox Hill increased across all property types compared to the year-over-year quarter. New developments averaged $1,823 PPSF, condos averaged $1,684 PPSF, and coops averaged $1,090 PPSF Compared to the last year, condo
prices per square foot rose from $1,478 to $1,684, reflecting an upward trend. 520 Park Avenue’s average asking PPSF of $3,635 significantly exceeds neighborhood averages for condo new developments, underscoring its position in the ultra-luxury segment of the market