Apt: 7
New York, NY 10029

Property

Ownership: For Sale
Type: Co-op
Rooms: 7
Bedrooms: 5 BR
Bathrooms: 1
Pets: Pets Allowed

Financials

Price:$589,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Rty Gold Coast

Description

Experience Manhattan’s Upper East Side Lifestyle Introducing a rare HDFC, 5-Bedroom, 1-Bath Co-Op in one of New York City’s most vibrant and culturally rich enclaves. Opportunities like this don’t come around often—they simply don’t make homes like this anymore. With soaring ceilings, abundant natural light, and a generous floor plan, this residence is ready to be reimagined. Whether you need space for your art collection, a grand piano, a home office, or out-of-town guests, the possibilities are endless. Tucked inside a 10-unit Boutique Residence, this Pet-Friendly Co-op delivers the perfect blend of pre-war character and modern comfort. Renovation flexibility means you can design the home to fit your lifestyle, with washer/dryer and HVAC installations allowed with board approval. Recent upgrades to the common areas enhance the building’s appeal, while the boutique scale creates an atmosphere of community, charm, and exclusivity. Perfectly located in the heart of East Harlem, just six blocks from Central Park and surrounded by cultural icons like the Museum of the City of New York, El Museo del Barrio, the Conservatory Garden, and the Graffiti Hall of Fame. Nearby green spaces, playgrounds, and community gardens make this a dynamic and inspiring place to call home. Cash Only. Sold As-Is. This is a rare gem—one-of-a-kind residence, ideal for buyers and investors seeking a distinctive piece of New York with exceptional potential. Although an HDFC building, it does not have a regulatory agreement with the city - meaning daily oversight is not regulated by the city. For buildings in this category, they suggest that the co-op board considers prospective buyers whose income falls within 120% to 165% of area median income (AMI) for New York City. Family Size: Individual: $100,320-$137,940 Family of 2: $114,600-$157, 575 Family of 3: $128,880-$177,210 Family of 4: $143,160-$196,845 Family of 5: $154,680-$212,685 Family of 6: $166,080-$228,360 Family of 7: $177,600-$244,200 Family of 8: $189,000-$259,875 For more about AMI Thresholds: https://www.nyc.gov/site/hpd/services-and-information/area-median-income.page

Amenities

  • Ceiling Fan(s)
  • Eat-in Kitchen
  • Fire Escape
  • Freezer
  • High ceiling
  • Key Card Entry
  • Near Public Transit
  • Near School
  • Near Shops
  • Park
  • Refrigerator
  • Security System
  • Sewer Connected
  • Smoke Detectors
  • Tankless Water Heater
  • Trash
  • Trash Collection Public
  • Video Cameras
  • Walk Up
  • Washer
  • Water Connected

Experience Manhattan s Upper East Side Lifestyle Introducing a rare HDFC, 5 Bedroom, 1 Bath Co Op in one of New York City s most vibrant and culturally rich enclaves.


Long Island MLS

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.