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Updated 5+ Days Ago
Highlights
Pet Friendly
Location
1516 Park Ave, New York, NY 10029, USA|East Harlem
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Central heat
- Extra Storage
Great for
Wellness
Pet owners
Social life
Amenities for 1516 Park Ave #5B, East Harlem
Features
| Air Conditioning | Freezer |
| Hardwood Floor | Water |
Appliances
| Garbage Disposal | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Sat Tv |
Community
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Onsite Laundry | Residents Lounge |
| Roof Deck | Security Cameras |
| Sewage |
Grounds
| Off-Street Parking | Storage |
Services
| Door Attendant | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1516 Park Ave #5B
Property Id: 1002397 The Pearl on Park: 111th Street & Park Avenue Corner 2BR/2BA + W/D Occupancy 10/1/2022 -Gym -Park time doorman -Co working lounge -Roofdeck -Bike Storage -Package Room -Hot water and cooking gas included Come home to The Pearl on Park, designed by well-known architects Fischer & Makooi, just two blocks from Central Park on 111th and Park Avenue. The Pearl stands eleven stories tall; appreciate the contrasting bold charcoal facade with pristine & pearly interiors. The lobby welcomes all with a 12-foot dramatic mosaic wall. Amenities include a complete gym, co-working space, a panoramic roof deck, and bike storage. The 59 units are a mix of studios, one-bedroom, and two-bedrooms - all including its own Bosch washer/dryer. Each kitchen is curated with polished quartz countertops, soft close custom cabinetry & designer appliances. Enjoy serene, porcelain bathrooms that feature Hansgrohe fixtures and one-piece toilets.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1516 Park Ave #5B compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Central heat
- This address offers a climate controlled environment
- Extra Storage
- Upgraded in-unit features
- Fireplace
- Upgraded in-unit features available
- Package service
- More secure storage for delivery
Considerations
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | East Harlem |
|---|---|
| Zip code | 10029 |
| Type | House for rent |
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Rent trends in East Harlem
2-bedroom apartments at 1516 Park Ave #5B cost about 26% more than the average rent price for 2-bedroom apartments in New York.
Median rents as of Aug 8 2026.
East Harlem
New York
| Month | Median Rent |
|---|---|
| August 2024 | $5,247 |
| September 2024 | $5,381 |
| October 2024 | $5,594 |
| November 2024 | $5,467 |
| December 2024 | $5,162 |
| January 2025 | $5,322 |
| February 2025 | $5,498 |
| March 2025 | $5,620 |
| April 2025 | $5,896 |
| May 2025 | $5,539 |
| June 2025 | $5,537 |
| July 2025 | $5,073 |
| August 2025 | $5,248 |
| September 2025 | $5,375 |
| October 2025 | $5,195 |
| November 2025 | $5,090 |
| December 2025 | $5,073 |
| January 2026 | $5,081 |
| February 2026 | $5,126 |
| March 2026 | $5,312 |
| April 2026 | $5,471 |
| May 2026 | $5,498 |
| June 2026 | $5,586 |
| July 2026 | $5,411 |
| August 2026 | $5,407 |
| Month | Median Rent |
|---|---|
| August 2024 | $3,550 |
| September 2024 | $3,486 |
| October 2024 | $3,330 |
| November 2024 | $3,457 |
| December 2024 | $3,353 |
| January 2025 | $3,499 |
| February 2025 | $3,523 |
| March 2025 | $3,573 |
| April 2025 | $3,746 |
| May 2025 | $3,880 |
| June 2025 | $3,792 |
| July 2025 | $3,648 |
| August 2025 | $3,723 |
| September 2025 | $3,870 |
| October 2025 | $3,774 |
| November 2025 | $3,516 |
| December 2025 | $3,490 |
| January 2026 | $3,756 |
| February 2026 | $3,858 |
| March 2026 | $3,898 |
| April 2026 | $3,896 |
| May 2026 | $3,868 |
| June 2026 | $3,895 |
| July 2026 | $3,777 |
| August 2026 | $3,895 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 years ago | $4,900 |
Schools near 1516 Park Ave #5B
P.S. 108 Assemblyman Angelo Del Toro Educational Complex
1615 madison ave
new york, NY, 10029
PK, K-8Public
C+
Central Park East I Elementary School
1573 madison ave
new york, NY, 10029
PK, K-5Public
B+
Bilingual Bicultural Mini School
219 e 109th st
new york, NY, 10029
PK, K-5Public
C+
TAG Young Scholars School
240 e 109th st
new york, NY, 10029
K-8Public
A
River East Elementary School
2351 1st ave
new york, NY, 10035
PK, K-5Public
B-
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Internet available near 1516 Park Ave #5B
Neighborhood
East Harlem | New York, NY
Getting around New York near 1516 Park Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1516 Park Ave, New York
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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