See Home Value
$9,995,000
Condo - Off Market

525 PARK AVE #5C5D

Manhattan, NY 10065
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3000 Sqft
$54,785
Estimated Monthly
$4,035
HOA / Fees
1.84%
Cap Rate

About This Property

A unique and rarely available opportunity to own one of the last full floor apartments, redolent of the grand age of Manhattan prewar architecture, in what is considered to be the pre-eminent prewar condominium building in Manhattan!  The present opportunity is for the purchase of two contiguous apartments, 5C & 5D, and to reconstitute them to the original grand design.  Alternatively the apartments could be retained separately in their present 5.5 & 4.5 room configuration.

Presently, apartment 5C (5.5 rooms) consists of the original large scale front public rooms including  a stately, 'Parisien-style' living room & adjacent dining room (replete with original architectural detail and European mitering) -- extending 40 feet on Park Avenue; elegant entry foyer,  master bedroom with en-suite bath, large square 2nd bedroom / library with en-suite bath.  Apartment 5C is in excellent condition.

Apartment 5D (4.5 rooms) consists of the original rear private quarters including 2 bedrooms & 2 baths, original eat-in kitchen and dining area.  There are 10ft ceilings throughout both apartments.  The rear apartment will require renovation but is perfectly positioned & suited to combine with apartment 5C.

A reconstituted apartment 5C/D anticipates 9-10 beautifully proportioned rooms offering an optimal arrangement for practical, serene living and elegant formal entertaining.  The public areas and private chambers can easily be deployed in a gracious and useful floor plan and given maximum separation by a lengthy and elegant hallway.  The public areas would comprise a regal size living room & dining room (40 foot frontage on Park Avenue), a private elevator vestibule and oversize front hall gallery, a large eat-in-kitchen & butler's pantry and a large square library (bedroom).  The private quarters would consist of 4 large-scale bedrooms with en-suite baths.  There are three exposures and all major rooms are swept and burnished by western, eastern & southern sunlight.

 525 Park Avenue is a fully staffed 'white glove' building with all amenities including ample private storage and is located literally at the apex of what is presently Manhattan's most desirable residential corridor, steps from the tranquility of Central Park.

Please be advised that apartment 5D has limited access for showing subject to concluding a probate proceeding.
Unit Size
3,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$3,332
Property Type
Condo
Property Taxes
$1,672
HOA Dues
$4,035
Year Built
1915
Last updated: 5 months ago ( #RPLU-63213202705)

Price History

Date / Event Date Event Price
Aug 28, 2015 Listed by Halstead dba Brown Harris Stevens Residential Sales LLC $11,995,000
Listed by Halstead dba Brown Harris Stevens Residential Sales LLC

Property Highlights

Doorman
Elevator
Interior Details

Room Information

Rooms: 10
Exterior Details

Property Information

Property Condition: Good
PropertySubType: Apartment
Living Area: 3000
Living Area Units: SquareFeet

Building Information

Building Name: 525 PARK AVE CONDO
Stories (Total): 13


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,612/ft²
$9,950,000 Dec 2, 2012
- Feb 5, 2021
$5,602/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,575/ft²
$9,850,000 Aug 20, 2012
- Feb 5, 2021
$5,389/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,539/ft²
$9,750,000 Jun 24, 2012
- Feb 5, 2021
$5,389/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,466/ft²
$9,550,000 Apr 28, 2014
- Feb 5, 2021
$5,606/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,394/ft²
$9,350,000 Nov 19, 2013
- Feb 5, 2021
$5,602/mo
Condo
4 Beds
4 Baths
3,257 ft²
$2,886/ft²
$9,400,000 Sep 16, 2015
$9,400,000 Oct 31, 2016
$10,135/mo
Condo
4 Beds
6 Baths
2,700 ft²
$3,889/ft²
$10,500,000 Aug 15, 2023
-
$7,942/mo
Condo
4 Beds
4 Baths
2,899 ft²
$3,967/ft²
$11,500,000 Apr 23, 2024
-
$6,219/mo
Condo
4 Beds
5 Baths
3,316 ft²
$2,488/ft²
$8,250,000 Jan 7, 2024
-
$7,968/mo
Condo
4 Beds
4 Baths
4,115 ft²
$2,151/ft²
$8,850,000 Mar 25, 2024
-
$12,463/mo
Condo
4 Beds
6 Baths
4,205 ft²
$2,604/ft²
$10,950,000 Feb 9, 2024
-
$7,381/mo
Co-op
4 Beds
5 Baths
4,000 ft²
$2,050/ft²
$8,200,000 May 17, 2023
-
$12,994/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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About Upper Manhattan


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