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Residential Income Property with Roof Deck
For Sale
$500,000

50 PARK Avenue 12E, New York City, NY 10016

Pre-war cooperative residence with doorman service, elevator access, and a rooftop terrace overlooking Manhattan landmarks.

Property SizeContact for details
Days on Market14

Property Features for 50 PARK Avenue 12E

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

doorman
roof deck

Building Details

Year Built 1940
Listing Agency: Corcoran Group
Listed By: Logan Berke · License #10401358336 (NY)
Source: Carytamura
Added: Aug 11 Changed: Aug 22 Last Checked: Aug 24 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

Investment Insights

Based on property information with market context.

Residence 12E is situated in a 1940 pre-war cooperative at 50 Park Avenue. The home includes a welcoming entry foyer, a bright living area, a separate sleeping chamber, and a windowed kitchen with city views. Southern exposure adds natural light, while the layout provides distinct living and sleeping areas within a flexible residence.

Building amenities include a full-time doorman, elevator service, and a roof deck with views toward the Empire State Building. Pets are permitted, and pied-a-terre purchases are allowed. The property is near Grand Central, Madison Square Park, restaurants, cafés, shopping, and transportation options in Midtown Manhattan.

Key Highlights

  • 1940 pre‑war cooperative at 50 Park Avenue
  • Separate sleeping chamber and bright living area
  • Windowed kitchen with city views and southern exposure

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

46,936
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Pre-war cooperative residence with doorman service, elevator access, and a rooftop terrace overlooking Manhattan landmarks.
Where is this residential income property located?
The property is located at 50 PARK Avenue 12E New York City, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1940 pre‑war cooperative at 50 Park Avenue; Separate sleeping chamber and bright living area; Windowed kitchen with city views and southern exposure
More about this property
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