by RH Advisors

Check Availability
$22,000,000
↓ $5.5M (20%)
Condo - For Sale

515 Park Avenue #3637

Manhattan, NY 10022
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5000 Sqft
$131,873
Estimated Monthly
$10,755
HOA / Fees
-0.60%
Cap Rate

About This Property

This massive 5000 sq. ft. Park Avenue Penthouse condominium duplex two blocks from Central Park, offers extraordinary scale, soaring 11'5" ceilings, huge floor to ceiling windows with glorious views of Central Park, four bedrooms, four full baths and two half baths. A studio apartment overlooking Park Avenue that can be used for staff, guest, office, or additional bedroom, is available for purchase, as well as a wine room and two storage units. Panoramic views of Central Park, the Manhattan skyline, Park Avenue and beyond to the George Washington Bridge surround the Penthouse, which is gloriously imbued with the architectural genius of world renowned designer, Juan Pablo Molyneux. The duplex, located in one of New York's most coveted limestone condominiums at the corner of Park Avenue and 60th Street, offers utmost privacy comprising the entire 36th floor and 37th floor of this 43 story building, and is joined by an exquisite onyx staircase with an intricately designed wrought iron railing, and the apartment's own private interior elevator. Every room in this sumptuous residence has double exposures either north and west over Central Park or south and east with iconic city views, filling the Penthouse with extraordinary light. Molyneux's superb finishes consist of parquet de Versailles floors, onyx and marble floors and door surrounds, a 19th century French scagliola fireplace, Guerin hardware throughout, all reflecting the grandeur and meticulous workmanship of Molyneux. The private elevator landing leads to a grand entrance gallery with onyx and marble patterned floor, soaring 11' 5" tray ceiling and sweeping onyx staircase with beautiful wrought iron railing, and leading to the private quarters on the second floor. Off the entrance gallery is the magnificent 30' x 20' corner drawing room with parquet de Versailles floor, Venetian plaster walls, rare 19th century French scagliola woodburning fireplace, 11.5 ceiling and three floor to ceiling windows filling the room with Central Park views, iconic city views, and beautiful light. The private corner library is off the living room and has 11'5" ceiling and long views north and east. Across the entrance gallery is the 20' corner formal dining room with parquet de Versailles floor, 11'5" ceiling and floor to ceiling windows with views to the ornate top of the Pierre Hotel and the park beyond. A lavish onyx powder room is off the entrance gallery. The large 24' x 14' corner windowed dine-in chef's kitchen is state-of-the-art and offers a marble floor, center island, custom cabinetry with marble countertops, Thermador, SubZero and Miele appliances, and a breakfast area. A staff bath is off the kitchen. The upper floor has 4 corner bedrooms, including the enormous corner master bedroom, 21' x 15', with high ceiling and floor to ceiling windows offering views of Central Park and north to the George Washington Bridge. The huge spa-like en-suite onyx master bath has a large window, double vanity sinks, a jacuzzi, and walk-in shower. Two oversized walk-in closets complete the master suite. The second bedroom is 20' x 13', with double exposures with beautiful views, high ceiling, large walk-in closet, and en-suite onyx bath. The third and fourth corner bedrooms face east with brilliant sunshine, high ceilings, floor to ceiling windows, and en-suite onyx baths. A laundry room completes the floor. The Penthouse has a Crestron sound and lighting system, fiber optics, and central air conditioning. The prestigious white glove condominium offers a full-time concierge and valet service, elegant lobby, windowed private sitting room off the lobby, state-of-the-art fitness center, dining salon with catering kitchen for use by residents, conference room, and 24 hour security. The Penthouse offers an extraordinary lifestyle, close to world class shopping, restaurants, museums, cultural events.

Flip Tax:  2% Paid By Buyer
Unit Size
5,000Ft²
Days on Market
841 days
Land Size
0.14 acres
Price per sqft
$4,400
Property Type
Condo
Property Taxes
$13,094
HOA Dues
$10,755
Year Built
1998
Listed By
Louise Beit
Sothebys International Realty
Last updated: 2 months ago (RLS #PRCH-3730555)

Price History

Date / Event Date Event Price
Sep 20, 2022 Price Decreased $22,000,000
↓ $6M (20%)
Price Decreased
Jan 7, 2022 Listed by Sothebys International Realty $27,500,000
Listed by Sothebys International Realty
Sep 9, 2021 Withdrawn -
Withdrawn
Aug 5, 2021 Price Increased $27,500,000
↑ $25M (900%)
Price Increased
Aug 4, 2021 Price Decreased $2,750,000
↓ $27M (90.8%)
Price Decreased
Show More

Property Highlights

Doorman
Elevator
Garage
Fireplace
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 4
Half Bathrooms: 2

Interior Information

Interior Features: Elevator, Storage
Living Area: 5000

Room Information

Laundry Features: Common On Floor, Common Area, Laundry Room
Rooms: 10

Fireplace Information

Has Fireplace
Wood Burning
Fireplaces: 1
Exterior Details

Property Information

Year Built: 1999

Building Information

Pets Allowed: Building Yes, Yes

Lot Information

Lot Size Dimensions: 60.0 x 100.42

Land Information

Tax Lot: 7501
Tax Block: 01394

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
5 Baths
4,628 ft²
$4,213/ft²
$19,500,000 Dec 24, 2020
$19,500,000 Oct 14, 2021
$25,620/mo
Condo
4 Beds
5 Baths
4,400 ft²
$4,841/ft²
$21,300,000 Mar 7, 2016
$21,300,000 Mar 7, 2016
$16,440/mo
Condo
4 Beds
4 Baths
4,462 ft²
$5,244/ft²
$23,400,000 Oct 13, 2016
$23,400,000 Feb 24, 2017
$17,885/mo
Condo
4 Beds
4 Baths
5,782 ft²
$2,940/ft²
$17,000,000 Apr 2, 2018
$17,000,000 May 31, 2019
$20,859/mo
Condo
3 Beds
5 Baths
4,019 ft²
$5,598/ft²
$22,500,000 Feb 24, 2022
$22,500,000 Sep 21, 2023
$22,130/mo
Condo
3 Beds
5 Baths
4,082 ft²
$3,773/ft²
$15,400,000 Jul 1, 2016
$15,400,000 Nov 16, 2018
$15,967/mo
Condo
4 Beds
5 Baths
4,628 ft²
$4,862/ft²
$22,500,000 Aug 12, 2022
-
$23,633/mo
Condo
4 Beds
6 Baths
4,613 ft²
$3,902/ft²
$18,000,000 Jan 17, 2024
-
$23,831/mo
Condo
4 Beds
5 Baths
4,869 ft²
$5,135/ft²
$25,000,000 Sep 21, 2023
-
$20,529/mo
Condo
4 Beds
5 Baths
4,003 ft²
$4,622/ft²
$18,500,000 May 4, 2022
-
$19,727/mo
Condo
4 Beds
4 Baths
4,019 ft²
$6,420/ft²
$25,800,000 Dec 7, 2022
-
$22,130/mo
Co-op
3 Beds
3 Baths
5,000 ft²
$3,600/ft²
$18,000,000 Jan 29, 2024
-
$20,106/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230308 Unit 18
03/08/2023
18
3 Bed
4 Bath
3257 ft²
$13,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3257 ft²
$13,500,000 -3.54%
07/24/2023
Marcos Cohen
Douglas Elliman Real Estate
20230220 Unit 12AB
02/20/2023
6 Bed
7 Bath
5000 ft²
$14,999,999
bedrooms
6 Bed
bathrooms
7 Bath
square feet
5000 ft²
$12,000,000 -20.00%
06/30/2023
-
Marlon Schwarcz
Nest Seekers International
20220711 Unit 34352H
07/11/2022
5 Bed
4 Bath
5000 ft²
$19,250,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
5000 ft²
$14,500,000 -24.68%
03/02/2023
-
Adam Rothman
Prudential Douglas Elliman Real Estate
20211129 Unit 3435
11/29/2021
4 Bed
5 Bath
5000 ft²
$20,000,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
5000 ft²
-
-
-
I.Dolly Lenz
Dolly Lenz Real Estate LLC
20201202 Unit 1516
12/02/2020
7 Bed
7 Bath
6030 ft²
$33,000,000
bedrooms
7 Bed
bathrooms
7 Bath
square feet
6030 ft²
-
-
-
Christophe Bourreau
Barnes New York
20200121 Unit 1516
01/21/2020
7 Bed
8 Bath
6030 ft²
$33,000,000
bedrooms
7 Bed
bathrooms
8 Bath
square feet
6030 ft²
-
-
-
Euro American Realty LLC Barnes New York
Euro American Realty LLC
20200113 Unit 7B
01/13/2020
7B
2 Bed
3 Bath
2200 ft²
$6,500,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2200 ft²
$6,150,000 -5.38%
04/06/2020
Adam D. Modlin
Modlin Group LLC
20180927 Unit 2728
09/27/2018
5 Bed
6 Bath
6500 ft²
$26,800,000
bedrooms
5 Bed
bathrooms
6 Bath
square feet
6500 ft²
$22,500,000 -16.04%
06/27/2019
Adam Modlin
Modlin Group LLC
20170201 Unit 10FL
02/01/2017
4 Bed
7 Bath
5000 ft²
$19,500,000
bedrooms
4 Bed
bathrooms
7 Bath
square feet
5000 ft²
$14,500,000 -25.64%
04/04/2018
-
Deborah Grubman
The Corcoran Group
20170124 Unit 3637
01/24/2017
4 Bed
5 Bath
5000 ft²
$35,000,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
5000 ft²
$22,166,100 -36.67%
06/21/2017
Pamela Nichols
Douglas Elliman Real Estate
20160817 Unit 7B
08/17/2016
7B
2 Bed
3 Bath
2200 ft²
$7,695,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2200 ft²
-
-
-
Pamela Kurtz
Prudential Douglas Elliman Real Estate
20160201 Unit 4B
02/01/2016
4B
2 Bed
2.5 Bath
-
$6,270,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
Elizabeth Sample
Sothebys International Realty
20150923 Unit 1718FL
09/23/2015
6 Bed
6.5 Bath
6500 ft²
$29,950,000
bedrooms
6 Bed
bathrooms
6.5 Bath
square feet
6500 ft²
-
-
-
Pamela Nichols
Prudential Douglas Elliman Real Estate
20150916 Unit 18FL
09/16/2015
4 Bed
4 Bath
3257 ft²
$14,500,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3257 ft²
$9,400,000 -35.17%
10/31/2016
-
Lisa Simonsen
Prudential Douglas Elliman Real Estate
20150410 Unit 12FL2J
04/10/2015
6 Bed
6.5 Bath
5404 ft²
$18,900,000
bedrooms
6 Bed
bathrooms
6.5 Bath
square feet
5404 ft²
-
-
-
Lauren Muss
Prudential Douglas Elliman Real Estate
20150402 Unit 17FL
04/02/2015
4 Bed
4 Bath
3257 ft²
$15,995,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3257 ft²
-
-
-
Pamela Nichols
Prudential Douglas Elliman Real Estate
20150210 Unit 4A
02/10/2015
4A
2 Bed
2.5 Bath
2520 ft²
$8,250,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2520 ft²
-
-
-
Elizabeth Sample
Sothebys International Realty
20140903 Unit 5AB
09/03/2014
5AB
6 Bed
5 Bath
4700 ft²
$15,600,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
4700 ft²
-
-
-
Charlie Attias
Compass
20140903 Unit 5B
09/03/2014
5B
2 Bed
2 Bath
2200 ft²
$6,950,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2200 ft²
-
-
-
Charlie Attias
Compass
20140109 Unit 7B
01/09/2014
7B
2 Bed
3 Bath
2200 ft²
$8,195,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2200 ft²
$4,750,000 -42.04%
02/27/2015
-
Jennine Gourin
Douglas Elliman Real Estate
20130921 Unit 7A
09/21/2013
7A
3 Bed
3 Bath
2500 ft²
$7,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2500 ft²
-
-
-
Patricia Vance
Prudential Douglas Elliman Real Estate
20130822 Unit 5B
08/22/2013
5B
2 Bed
3 Bath
2200 ft²
$7,895,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2200 ft²
$5,300,000 -32.87%
12/22/2015
-
Tal Alexander
Douglas Elliman Real Estate
20130507 Unit 24THFL
05/07/2013
4 Bed
4 Bath
3228 ft²
$14,500,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3228 ft²
$14,000,000 -3.45%
02/05/2021
-
John Burger
Brown Harris Stevens
20130507 Unit 3F
05/07/2013
3F
Studio
-
-
$850,000
bedrooms
Studio
bathrooms
-
-
-
-
John Burger
Brown Harris Stevens
20130501 Unit 10FL
05/01/2013
6 Bed
7.5 Bath
5000 ft²
$18,900,000
bedrooms
6 Bed
bathrooms
7.5 Bath
square feet
5000 ft²
$18,900,000
12/31/2013
-
Adam Modlin
Modlin Group LLC
20121223 Unit 5A
12/23/2012
5A
3 Bed
3 Bath
-
$9,600,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Frances Katzen
Prudential Douglas Elliman Real Estate
20090414 Unit 2728
04/14/2009
6 Bed
6.5 Bath
6500 ft²
$29,500,000
bedrooms
6 Bed
bathrooms
6.5 Bath
square feet
6500 ft²
$23,980,000 -18.71%
01/08/2010
Deborah Kallop
Brown Harris Stevens Residential Sales LLC

Building Info

515 Park Avenue 515 Park Avenue, New York, NY 10022
  • 96 Units
  • 3 Units for Sale
More about this Building
515 Park Avenue
Want to find out who owns 515 Park Avenue, New York, NY 10022? Get detailed property transactions here .

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