by RH Advisors

Check Availability
$5,850,000
↓ $150K (2.5%)
Condo - For Sale

525 PARK Avenue #5C

Manhattan, NY 10065
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1837 Sqft
$32,833
Estimated Monthly
$2,574
HOA / Fees
0.30%
Cap Rate

About This Property

This bright corner unit on the fifth floor of a white-glove pre-war Condo has been recently renovated and feels fresh and current. A large entrance gallery sets the tone for this gracious, high-ceilinged apartment.

The gallery leads to a beautifully-appointed living room with both south and west facing windows with views extending south down Park Avenue. The room is centered on a decorative fireplace which is flanked on either side by built-in window seats.

A columned archway leads you into a grand dining room that can easily seat ten or more. Behind the dining room is a beautiful renovated kitchen, featuring gleaming white countertops and all new high-end appliances including a washer/dryer.

The two bedrooms are located at the east wing of the apartment and face the serene townhouse gardens at the back of the building. The primary bedroom has an ensuite bathroom and two built-in closets and plenty of storage. The second bedroom, also with ensuite bath, is bright and airy with two courtyard facing windows that offer light and tranquility.

525 Park Avenue is a premier white glove condominium located on Park Avenue and 61st Street. Built in 1914 by architects Schwartz and Gross it is one of the rare pre-war condos on Park Avenue. The proximity to world class shopping, galleries, museums and Central Park make this a highly desirable location.

There is a Working Capital Contribution equal to one month's common charges and real estate taxes payable by the purchaser.


Unit Size
1,837Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$3,185
Property Type
Condo
Property Taxes
$1,534
HOA Dues
$2,574
Year Built
1915
Listed By
Last updated: 10 days ago (RLS #RPLU-33422537569)

Price History

Date / Event Date Event Price
Oct 5, 2023 Price Decreased $5,850,000
↓ $150K (2.5%)
Price Decreased
Jun 20, 2023 Listed by Corcoran Group $6,000,000
Listed by Corcoran Group
Sep 19, 2018 No longer available -
No longer available
May 24, 2018 Sold to Escarpment Llc $4,715,000
Sold to Escarpment Llc
May 20, 2016 Listed by Halstead dba Brown Harris Stevens Residential Sales LLC $4,995,000
Listed by Halstead dba Brown Harris Stevens Residential Sales LLC
Grand & Gracious 5.5 rooms comprising the major public rooms of an original half-floor (9-10 rooms) apartment in what is considered to be the pre-eminent prewar condominium in Manhattan. Apartment 5C features large & lovely proportioned rooms -- a regal 'Parisian-style' living room & adjoining dining room (replete with original architectural detail and European mitering) -- extending 40 feet along Park Avenue with views of the lovely rose window of Christ Church; master bedroom…
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Property Highlights

Doorman
Elevator
Parking Available
Garage
Air Conditioning
Fireplace
With View
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Separate Formal Dining Room
Appliances: Washer Dryer Allowed
Living Area: 1837

Room Information

Laundry Features: Building Other, In Unit
Rooms: 5

Fireplace Information

Has Fireplace
Decorative
Fireplaces: 1

Basement Information

Exterior Details

Property Information

Year Built: 1915

Building Information

Building Name: 525 PARK AVE CONDO
Outdoor Living Structures: None
Pets Allowed: Building Yes, Yes

Land Information

Tax Lot: 1214
Tax Block: 01395

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2.5 Baths
1,843 ft²
$3,283/ft²
$6,050,000 Jul 10, 2013
- Feb 5, 2021
$3,748/mo
Condo
2 Beds
2.5 Baths
1,843 ft²
$3,174/ft²
$5,850,000 Jan 21, 2015
$5,850,000 Feb 5, 2021
$3,733/mo
Condo
2 Beds
2.5 Baths
1,843 ft²
$3,364/ft²
$6,200,000 Nov 14, 2012
- Feb 5, 2021
$3,605/mo
Condo
2 Beds
3 Baths
1,843 ft²
$2,849/ft²
$5,250,000 Aug 22, 2017
$5,250,000 Jun 27, 2019
$3,868/mo
Condo
2 Beds
2.5 Baths
1,843 ft²
$3,174/ft²
$5,850,000 Jan 21, 2015
- Jan 21, 2016
$3,733/mo
Condo
2 Beds
2.5 Baths
1,843 ft²
$3,578/ft²
$6,595,000 Oct 18, 2016
- Feb 5, 2021
$3,723/mo
Condo
2 Beds
3 Baths
1,729 ft²
$3,759/ft²
$6,500,000 Feb 21, 2024
-
$4,017/mo
Condo
2 Beds
3 Baths
1,720 ft²
$3,576/ft²
$6,150,000 Nov 7, 2023
-
$3,143/mo
Condo
2 Beds
3 Baths
1,720 ft²
$3,198/ft²
$5,500,000 Nov 7, 2023
-
$3,143/mo
Condo
2 Beds
2 Baths
1,676 ft²
$3,043/ft²
$5,100,000 Jan 23, 2023
-
$5,361/mo
Condo
2 Beds
3 Baths
1,720 ft²
$3,067/ft²
$5,275,000 Nov 7, 2023
-
$3,143/mo
Condo
2 Beds
3 Baths
2,309 ft²
$2,274/ft²
$5,250,000 Jan 6, 2024
-
$4,315/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230328 Unit PHA
03/28/2023
PHA
3 Bed
5 Bath
4410 ft²
$14,995,000
bedrooms
3 Bed
bathrooms
5 Bath
square feet
4410 ft²
$12,675,000 -15.47%
08/01/2023
Curtis Sloane
Brown Harris Stevens Residential Sales LLC
20230301 Unit 2S
03/01/2023
2S
3 Bed
3 Bath
2657 ft²
$4,995,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2657 ft²
$3,800,000 -23.92%
04/24/2024
-
Nicholas Helmuth
Corcoran Group
20230216 Unit 3A
02/16/2023
3A
3 Bed
3 Bath
2004 ft²
$4,199,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2004 ft²
$4,050,000 -3.55%
08/22/2023
STEVEN COHEN
Douglas Elliman Real Estate
20220314 Unit 11S
03/14/2022
11S
3 Bed
4 Bath
2562 ft²
$5,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2562 ft²
$5,400,000 -9.92%
03/31/2022
-
Christine Martin
Stribling & Associates
20210720 Unit 6B
07/20/2021
6B
3 Bed
2 Bath
1652 ft²
$4,199,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1652 ft²
$3,625,000 -13.67%
06/24/2022
Marcos G. Cohen
Douglas Elliman Real Estate
20160711 Unit 6S
07/11/2016
6S
4 Bed
4 Bath
3001 ft²
$9,500,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3001 ft²
$6,800,000 -28.42%
09/06/2017
-
Matthew Slosar
The Corcoran Group
20160520 Unit 5C
05/20/2016
5C
2 Bed
2 Bath
1837 ft²
$4,995,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1837 ft²
-
-
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20160315 Unit 11AB
03/15/2016
4 Bed
5.5 Bath
-
$32,000,000
bedrooms
4 Bed
bathrooms
5.5 Bath
-
-
-
Bari Rosen
Brown Harris Stevens Residential Sales LLC
20160307 Unit PH
03/07/2016
PH
4 Bed
5 Bath
4400 ft²
$22,000,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
4400 ft²
$21,300,000 -3.18%
03/07/2016
-
Maria Avellaneda
Compass
20160217 Unit 14E
02/17/2016
14E
1 Bed
2 Bath
960 ft²
$1,495,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
960 ft²
-
-
-
Maria Torresy
Brown Harris Stevens
20151104 Unit 8D
11/04/2015
8D
1 Bed
1 Bath
916 ft²
$2,000,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
916 ft²
$2,000,000
05/02/2016
Jessica Vertullo
Compass
20150828 Unit 5C5D
08/28/2015
4 Bed
4 Bath
3000 ft²
$11,995,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3000 ft²
-
-
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20150526 Unit 14E
05/26/2015
14E
1 Bed
2 Bath
866 ft²
$1,799,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
866 ft²
-
05/16/2016
Nella Zelensky
Brown Harris Stevens Residential Sales LLC
20140330 Unit 6B
03/30/2014
6B
2 Bed
2 Bath
1652 ft²
$5,300,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1652 ft²
-
-
-
Marcos Cohen
Prudential Douglas Elliman Real Estate
20131125 Unit 14E
11/25/2013
14E
1 Bed
2 Bath
866 ft²
$1,845,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
866 ft²
-
-
-
Nella Zelensky
Brown Harris Stevens Residential Sales LLC
20130909 Unit 11AB
09/09/2013
4 Bed
5 Bath
4000 ft²
$15,950,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
4000 ft²
$16,500,000 +3.45%
12/12/2013
-
Elizabeth Sahlman
The Corcoran Group
20120302 Unit 11AB
03/02/2012
4 Bed
5 Bath
-
$13,850,000
bedrooms
4 Bed
bathrooms
5 Bath
$13,824,000 -0.19%
02/05/2021
-
Brian Manning
Brown Harris Stevens Residential Sales LLC
20090501 Unit 6S
05/01/2009
6S
4 Bed
4 Bath
-
$9,000,000
bedrooms
4 Bed
bathrooms
4 Bath
$7,750,000 -13.89%
03/05/2010
Maria De
Brown Harris Stevens Residential Sales LLC

Building Info

525 Park Ave Condo 525 Park Avenue, New York, NY 10065
  • 54 Units
  • 3 Units for Sale
More about this Building
525 Park Avenue
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