$20,500,000
●
Condo -
Off Market
521 PARK AVE #6FLR
Manhattan, NY 10065
4 Beds
4 Baths
$110,584
Estimated Monthly
$7,645
HOA / Fees
0.17%
Cap Rate
About This Property
Rare Full Floor 1911 Condominium Never Before Seen
521 Park Avenue is one of a handful of buildings remaining from the first decade of the 20th century. Built in 1911, it is a rare condominium offering the grand proportions of buildings erected before the 1920's with 10.5 foot ceilings, all outside rooms, and over eighty feet of frontage facing Park Avenue. The sixth floor apartment, with 4,500 square feet and four exposures, was meticulously gut-renovated (completed in 2010) using absolutely the finest of materials and master craftsmanship to re-create the Neoclassical grandeur only matched by the building's magnificent Neo-Classical limestone facade. In the renovation, the apartment's floor plan was thoughtfully crafted to maximize the use of the square footage and create spacious rooms including a 40' living room along Park Avenue. While impeccably finished in every detail, all modern systems are discreetly concealed (including six zones for air conditioning and humidifying) to provide maximum comfort and achieve maximum beauty.
The elevator opens onto a private windowed landing, which leads to the thirty-five foot long gallery lined with full limestone-paneled walls, Stalattile limestone inlaid panels and marble flooring, and a decorative fireplace with an antique marble mantel. This central gallery gives access to all public rooms and to the separate bedroom wing. Three sets of French-polished Mahogany and beveled-glass-paned double doors open into the living room, which features a wood burning fireplace with an antique mantel and five large windows overlooking Park Avenue. On the opposite side of the gallery, another pair of walnut and glass double doors frame the entrance to the spacious dining room which has three large windows and wainscot paneling. A special feature of the apartment is the spectacular walnut-paneled game room, off the living room and overlooking the Avenue, with a walnut-carved ceiling complete with a wood-burning antique fireplace. The living room, dining room, and game room each has custom parquet floors constructed from antique oak planking.
The eat-in gourmet kitchen is fully paneled with limestone floors. It is outfitted with the highest-end appliances, including La Cornue Chateau stove and oven, custom oven hood, Sub-Zero refrigerator and freezer, Sub-Zero wine cooler with a 100 bottle capacity, Miele dishwasher, and an under-counter Dacor Microwave. The delightful separate dining area within the kitchen features an eastern window that welcomes the morning sun, and also has a wood-burning fireplace. The kitchen benefits from an additional two windows facing north. Between the gallery and kitchen are coat closets, a marble-floored and wainscoted powder room, private service elevator access, and a large and cheerful home office or staff room with its own windowed en-suite bathroom.
The bedroom wing, completely separate from the entertaining rooms, is currently configured as three en-suite bedrooms, but could easily accommodate another bedroom. The corner master bedroom faces south looking down Park Avenue and west looking into Park Avenue. It features a decorative fireplace with an antique marble mantel. The master bath is an immaculate work of art with book-matched marble paneling and flooring, a free-standing nickel bathtub, a walk-in shower, and a double vanity along with an embedded TV cabinet. The master suite includes an adjoining room (which could be a fourth bedroom) which currently serves as a dressing room and home gym. The other two bedrooms each have their own windowed marble bathrooms. Off the hallway leading to the two other bedrooms is a closet containing a Miele full-size washer/dryer and utility sink as well as a large walk-in storage closet.
The apartment's renovation by construction company, Residential Interiors Corporation, was completed in 2010. No expense was spared throughout the renovation, with such details as P.E. custom all-brass substantial door and window hardware, antique 19th century English and French fireplace mantels, Lefroy Brooks plumbing fittings, French-polished Mahogany doors, decorative molding and crown molding in every room, custom decorative brass radiator grilles, heated floors and towel warmers in all bathrooms, heated floor in the kitchen, closed circuit security monitors for main and service entrances, security system, and wiring in every room for Wi-Fi and television. Every window in the apartment is a new Marvin Clad double-hung window with sound-proofing. As part of the apartment renovation, five air condensers were placed on the roof for the sole use of this apartment; the apartment has a perpetual lease with the building for the space occupied by the condensers.
521 Park Avenue is one of a handful of buildings remaining from the first decade of the 20th century. Built in 1911, it is a rare condominium offering the grand proportions of buildings erected before the 1920's with 10.5 foot ceilings, all outside rooms, and over eighty feet of frontage facing Park Avenue. The sixth floor apartment, with 4,500 square feet and four exposures, was meticulously gut-renovated (completed in 2010) using absolutely the finest of materials and master craftsmanship to re-create the Neoclassical grandeur only matched by the building's magnificent Neo-Classical limestone facade. In the renovation, the apartment's floor plan was thoughtfully crafted to maximize the use of the square footage and create spacious rooms including a 40' living room along Park Avenue. While impeccably finished in every detail, all modern systems are discreetly concealed (including six zones for air conditioning and humidifying) to provide maximum comfort and achieve maximum beauty.
The elevator opens onto a private windowed landing, which leads to the thirty-five foot long gallery lined with full limestone-paneled walls, Stalattile limestone inlaid panels and marble flooring, and a decorative fireplace with an antique marble mantel. This central gallery gives access to all public rooms and to the separate bedroom wing. Three sets of French-polished Mahogany and beveled-glass-paned double doors open into the living room, which features a wood burning fireplace with an antique mantel and five large windows overlooking Park Avenue. On the opposite side of the gallery, another pair of walnut and glass double doors frame the entrance to the spacious dining room which has three large windows and wainscot paneling. A special feature of the apartment is the spectacular walnut-paneled game room, off the living room and overlooking the Avenue, with a walnut-carved ceiling complete with a wood-burning antique fireplace. The living room, dining room, and game room each has custom parquet floors constructed from antique oak planking.
The eat-in gourmet kitchen is fully paneled with limestone floors. It is outfitted with the highest-end appliances, including La Cornue Chateau stove and oven, custom oven hood, Sub-Zero refrigerator and freezer, Sub-Zero wine cooler with a 100 bottle capacity, Miele dishwasher, and an under-counter Dacor Microwave. The delightful separate dining area within the kitchen features an eastern window that welcomes the morning sun, and also has a wood-burning fireplace. The kitchen benefits from an additional two windows facing north. Between the gallery and kitchen are coat closets, a marble-floored and wainscoted powder room, private service elevator access, and a large and cheerful home office or staff room with its own windowed en-suite bathroom.
The bedroom wing, completely separate from the entertaining rooms, is currently configured as three en-suite bedrooms, but could easily accommodate another bedroom. The corner master bedroom faces south looking down Park Avenue and west looking into Park Avenue. It features a decorative fireplace with an antique marble mantel. The master bath is an immaculate work of art with book-matched marble paneling and flooring, a free-standing nickel bathtub, a walk-in shower, and a double vanity along with an embedded TV cabinet. The master suite includes an adjoining room (which could be a fourth bedroom) which currently serves as a dressing room and home gym. The other two bedrooms each have their own windowed marble bathrooms. Off the hallway leading to the two other bedrooms is a closet containing a Miele full-size washer/dryer and utility sink as well as a large walk-in storage closet.
The apartment's renovation by construction company, Residential Interiors Corporation, was completed in 2010. No expense was spared throughout the renovation, with such details as P.E. custom all-brass substantial door and window hardware, antique 19th century English and French fireplace mantels, Lefroy Brooks plumbing fittings, French-polished Mahogany doors, decorative molding and crown molding in every room, custom decorative brass radiator grilles, heated floors and towel warmers in all bathrooms, heated floor in the kitchen, closed circuit security monitors for main and service entrances, security system, and wiring in every room for Wi-Fi and television. Every window in the apartment is a new Marvin Clad double-hung window with sound-proofing. As part of the apartment renovation, five air condensers were placed on the roof for the sole use of this apartment; the apartment has a perpetual lease with the building for the space occupied by the condensers.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$2,280
HOA Dues
$7,645
Year Built
1912
Last updated: 5 months ago ( #RPLU-2191749069)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 5, 2013 | Listed by Brown Harris Stevens Residential Sales LLC | $19,950,000 | |
Listed by Brown Harris Stevens Residential Sales LLC | |||
|
|||
The sixth floor of 521 Park Avenue offers one of the rarest of
commodities in New York, a pre-war condominium on Park Avenue.
Built in 1911, the building is graced with a beautiful,
neo-classical limestone facade while inside the apartment, the
grand exterior is duplicated with a magnificent home that was
completely renovated in 2010 using only the finest materials and
meticulous attention to detail. Originally a 13 room home, the
apartment has been transformed into a 10 room residence…
|
|||
Oct 31, 2012 | Listed by Brown Harris Stevens Residential Sales LLC | $23,500,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Doorman
Elevator
Interior Details
Room Information
Rooms: 9
Exterior Details
Property Information
Property Condition: Excellent
PropertySubType: Apartment
Building Information
Building Name: 521 PARK AVE
Stories (Total): 12
Financial Details
Tax Annual Amount: $27,360
Location Details
Association Fee: $7,645
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
Co-op
4
Beds
6
Baths
4,649 ft²
$3,710/ft²
$17,250,000
Jul 25, 2017
$17,250,000
Oct 3, 2017
$14,762/mo
Co-op
4
Beds
4
Baths
-
$22,000,000
Mar 19, 2018
$22,000,000
Dec 31, 2018
$13,445/mo
Condo
4
Beds
7
Baths
5,000 ft²
$2,900/ft²
$14,500,000
Feb 1, 2017
$14,500,000
Apr 4, 2018
$16,493/mo
Co-op
4
Beds
4
Baths
-
$22,000,000
Apr 20, 2018
$22,000,000
Dec 27, 2018
$13,445/mo
Active
Condo
4
Beds
5
Baths
3,466 ft²
$6,290/ft²
$21,800,000
Jan 11, 2023
-
$12,196/mo
Active
Condo
4
Beds
5
Baths
6,646 ft²
$2,859/ft²
$19,000,000
Feb 5, 2024
-
$14,939/mo
Active
Condo
4
Beds
5
Baths
4,628 ft²
$4,862/ft²
$22,500,000
Aug 12, 2022
-
$23,633/mo
Active
Condo
4
Beds
5
Baths
3,466 ft²
$5,192/ft²
$17,995,000
Sep 5, 2023
-
$11,956/mo
Active
Condo
4
Beds
5
Baths
4,545 ft²
$3,960/ft²
$18,000,000
Oct 25, 2023
-
$18,026/mo
Active
Condo
4
Beds
6
Baths
5,000 ft²
$4,400/ft²
$22,000,000
Jan 7, 2022
-
$23,849/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/01/2023
|
4 Bed
|
5 Bath
|
3440 ft²
|
$5,950,000
4 Bed
5 Bath
3440 ft²
|
$4,625,000
-22.27%
04/19/2024
|
-
|
Philip Scheinfeld
Compass
|
|
02/25/2021
|
2 Bed
|
2 Bath
|
-
|
$1,995,000
2 Bed
2 Bath
|
$1,995,000
07/08/2021
|
Jeremy Stein
Sothebys International Realty
|
||
09/28/2020
|
3 Bed
|
6 Bath
|
3040 ft²
|
$7,450,000
3 Bed
6 Bath
3040 ft²
|
$7,450,000
08/19/2021
|
-
|
Gabriella Garzoni
La Seven Inc
|
|
01/25/2018
|
3 Bed
|
5.5 Bath
|
3040 ft²
|
$8,895,000
3 Bed
5.5 Bath
3040 ft²
|
-
-
|
-
|
Paola Garzoni
La Seven Inc
|
|
01/23/2018
|
1 Bed
|
2 Bath
|
1000 ft²
|
$1,780,000
1 Bed
2 Bath
1000 ft²
|
$1,900,000
+6.74%
12/21/2018
|
Gabriella Garzoni
La Seven Inc
|
||
03/30/2017
|
2 Bed
|
2 Bath
|
-
|
$6,500,000
2 Bed
2 Bath
|
-
-
|
-
|
Ariel Sassoon
Prudential Douglas Elliman Real Estate
|
|
03/14/2016
|
2 Bed
|
2 Bath
|
-
|
$7,500,000
2 Bed
2 Bath
|
-
-
|
-
|
Devin Leahy
Prudential Douglas Elliman Real Estate
|
|
01/14/2016
|
2 Bed
|
2 Bath
|
1577 ft²
|
$4,500,000
2 Bed
2 Bath
1577 ft²
|
$3,900,000
-13.33%
12/28/2016
|
Florencia Kaufmann
Douglas Elliman Real Estate
|
||
08/25/2015
|
3 Bed
|
2 Bath
|
2441 ft²
|
$5,650,000
3 Bed
2 Bath
2441 ft²
|
$4,700,000
-16.81%
12/22/2015
|
-
|
Carrie Chiang
The Corcoran Group
|
|
10/22/2014
|
1 Bed
|
1.5 Bath
|
-
|
$3,900,000
1 Bed
1.5 Bath
|
-
-
|
-
|
Pauline Evans
Sothebys International Realty
|
|
07/31/2014
|
3 Bed
|
2.5 Bath
|
2441 ft²
|
$6,900,000
3 Bed
2.5 Bath
2441 ft²
|
-
-
|
-
|
Pauline Evans
Sothebys International Realty
|
|
01/10/2014
|
3 Bed
|
3.5 Bath
|
2441 ft²
|
$8,700,000
3 Bed
3.5 Bath
2441 ft²
|
-
-
|
-
|
Javier Lattanzio
Time Equities Inc
|
|
11/07/2013
|
2 Bed
|
2 Bath
|
1577 ft²
|
$7,900,000
2 Bed
2 Bath
1577 ft²
|
-
-
|
-
|
Jennine Gourin
Douglas Elliman Real Estate
|
|
11/07/2013
|
2 Bed
|
2 Bath
|
1593 ft²
|
$9,400,000
2 Bed
2 Bath
1593 ft²
|
-
-
|
-
|
Jennine Gourin
Douglas Elliman Real Estate
|
|
07/30/2013
|
1 Bed
|
1 Bath
|
811 ft²
|
$3,000,000
1 Bed
1 Bath
811 ft²
|
-
-
|
-
|
Patricia Vance
Prudential Douglas Elliman Real Estate
|
|
07/30/2013
|
5 Bed
|
5 Bath
|
4500 ft²
|
$20,000,000
5 Bed
5 Bath
4500 ft²
|
-
-
|
-
|
Florencia Kaufmann
Prudential Douglas Elliman Real Estate
|
|
10/31/2012
|
4 Bed
|
4 Bath
|
-
|
$23,500,000
4 Bed
4 Bath
|
-
-
|
-
|
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
|
|
02/25/2013
|
5 Bed
|
5.5 Bath
|
4500 ft²
|
$12,950,000
5 Bed
5.5 Bath
4500 ft²
|
$11,700,000
-9.65%
02/05/2021
|
-
|
Richard Ferrari
Brown Harris Stevens
|
|
11/14/2012
|
1 Bed
|
1 Bath
|
-
|
$2,100,000
1 Bed
1 Bath
|
-
-
|
-
|
Ann Lenane
Prudential Douglas Elliman Real Estate
|
|
09/20/2012
|
4 Bed
|
4 Bath
|
3200 ft²
|
$8,750,000
4 Bed
4 Bath
3200 ft²
|
-
06/05/2013
|
DEIRDRE DERISI
Elliman
|
||
08/09/2004
|
5 Bed
|
5 Bath
|
4500 ft²
|
$15,000,000
5 Bed
5 Bath
4500 ft²
|
-
-
|
-
|
Carrie Chiang
The Corcoran Group
|
Building Info
521 Park Ave. Condo
521 Park Avenue, New York, NY 10065
- 29 Units
- 1 Unit for Sale
About Upper Manhattan
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