50 Park Avenue, 1H

Murray Hill   |   East 37th Street & East 38th Street

Co-op [Full-Time Doorman]
$ 1,625,000
Rooms 5
Bedrooms 3
Bathrooms 1.5
Status Active
Maintenance [Monthly] $ 6,386
ASF/ASM 1,200/111
Financing Allowed 70%
Listing ID: 2138814

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

Request More Information

Property Description

Live/ Work Step into an extraordinary opportunity in the heart of Manhattan! This unique live/ work co-op unit is now available in a sophisticated, full-service building on prestigious Park Avenue—just a short stroll to Grand Central and Penn Station. With its own private entrance directly from Park Avenue, this versatile ground-floor space currently operates as a high-end dermatology office. Inside, you’ll find a spacious, light-filled reception room with oversized windows, a large windowed office complete with a wet pantry, three exam rooms, a private bathroom, and a flexible treatment space that was formerly a full bath. Enjoy the comfort of recently updated tenant-controlled central air conditioning yearround. Whether you’re an entrepreneur seeking a luxurious office setting, a creative looking for a stylish studio, or a visionary ready to convert the space into a chic Manhattan residence, the possibilities here are immense. Residential conversion is permitted pending co-op board approval—buyers are advised to consult their architect to explore all options and confirm zoning. And don’t miss the rooftop! Residents enjoy access to a beautifully appointed roof deck with comfortable seating and breathtaking skyline views—an urban sanctuary above it all.
Live/ Work Step into an extraordinary opportunity in the heart of Manhattan! This unique live/ work co-op unit is now available in a sophisticated, full-service building on prestigious Park Avenue—just a short stroll to Grand Central and Penn Station. With its own private entrance directly from Park Avenue, this versatile ground-floor space currently operates as a high-end dermatology office. Inside, you’ll find a spacious, light-filled reception room with oversized windows, a large windowed office complete with a wet pantry, three exam rooms, a private bathroom, and a flexible treatment space that was formerly a full bath. Enjoy the comfort of recently updated tenant-controlled central air conditioning yearround. Whether you’re an entrepreneur seeking a luxurious office setting, a creative looking for a stylish studio, or a visionary ready to convert the space into a chic Manhattan residence, the possibilities here are immense. Residential conversion is permitted pending co-op board approval—buyers are advised to consult their architect to explore all options and confirm zoning. And don’t miss the rooftop! Residents enjoy access to a beautifully appointed roof deck with comfortable seating and breathtaking skyline views—an urban sanctuary above it all.

Listing Courtesy of Compass

Care to take a look at this property?

Apartment Features

A/C [Central]

View / Exposure

East Exposure
50 Park Avenue Murray Hill New York NY 10016

Building Details [50 Park Avenue]

Ownership Co-op
Service Level Full-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 867/33
Building Type Mid-Rise
Age Pre-War
Year Built 1940
Floors/Apts 17/124

Building Amenities

Bike Room
Common Storage
Laundry Rooms
Private Storage
Roof Deck

Building Statistics

$ 877 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.