$9,995,000
●
Condo -
Off Market
525 PARK AVE #5C5D
Manhattan, NY 10065
4 Beds
4 Baths
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.
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
Financial Details
Tax Annual Amount: $20,064
Flip Tax Remarks: None.
Location Details
Association Fee: $4,035
Pets Allowed: Unit Yes, 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
4.5
Baths
2,755 ft²
$3,612/ft²
$9,950,000
Dec 2, 2012
-
Feb 5, 2021
$5,602/mo
Sold
Condo
4
Beds
4.5
Baths
2,755 ft²
$3,575/ft²
$9,850,000
Aug 20, 2012
-
Feb 5, 2021
$5,389/mo
Sold
Condo
4
Beds
4.5
Baths
2,755 ft²
$3,539/ft²
$9,750,000
Jun 24, 2012
-
Feb 5, 2021
$5,389/mo
Sold
Condo
4
Beds
4.5
Baths
2,755 ft²
$3,466/ft²
$9,550,000
Apr 28, 2014
-
Feb 5, 2021
$5,606/mo
Sold
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
Active
Condo
4
Beds
6
Baths
2,700 ft²
$3,889/ft²
$10,500,000
Aug 15, 2023
-
$7,942/mo
Active
Condo
4
Beds
4
Baths
2,899 ft²
$3,967/ft²
$11,500,000
Apr 23, 2024
-
$6,219/mo
Active
Condo
4
Beds
5
Baths
3,316 ft²
$2,488/ft²
$8,250,000
Jan 7, 2024
-
$7,968/mo
Active
Condo
4
Beds
4
Baths
4,115 ft²
$2,151/ft²
$8,850,000
Mar 25, 2024
-
$12,463/mo
Active
Condo
4
Beds
6
Baths
4,205 ft²
$2,604/ft²
$10,950,000
Feb 9, 2024
-
$7,381/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
03/28/2023
|
3 Bed
|
5 Bath
|
4410 ft²
|
$14,995,000
3 Bed
5 Bath
4410 ft²
|
$12,675,000
-15.47%
08/01/2023
|
Curtis Sloane
Brown Harris Stevens Residential Sales LLC
|
||
03/01/2023
|
3 Bed
|
3 Bath
|
2657 ft²
|
$4,995,000
3 Bed
3 Bath
2657 ft²
|
$3,800,000
-23.92%
04/24/2024
|
-
|
Nicholas Helmuth
Corcoran Group
|
|
02/16/2023
|
3 Bed
|
3 Bath
|
2004 ft²
|
$4,199,000
3 Bed
3 Bath
2004 ft²
|
$4,050,000
-3.55%
08/22/2023
|
STEVEN COHEN
Douglas Elliman Real Estate
|
||
03/14/2022
|
3 Bed
|
4 Bath
|
2562 ft²
|
$5,995,000
3 Bed
4 Bath
2562 ft²
|
$5,400,000
-9.92%
03/31/2022
|
-
|
Christine Martin
Stribling & Associates
|
|
07/20/2021
|
3 Bed
|
2 Bath
|
1652 ft²
|
$4,199,000
3 Bed
2 Bath
1652 ft²
|
$3,625,000
-13.67%
06/24/2022
|
Marcos G. Cohen
Douglas Elliman Real Estate
|
||
07/11/2016
|
4 Bed
|
4 Bath
|
3001 ft²
|
$9,500,000
4 Bed
4 Bath
3001 ft²
|
$6,800,000
-28.42%
09/06/2017
|
-
|
Matthew Slosar
The Corcoran Group
|
|
05/20/2016
|
2 Bed
|
2 Bath
|
1837 ft²
|
$4,995,000
2 Bed
2 Bath
1837 ft²
|
-
-
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
03/15/2016
|
4 Bed
|
5.5 Bath
|
-
|
$32,000,000
4 Bed
5.5 Bath
|
-
-
|
-
|
Bari Rosen
Brown Harris Stevens Residential Sales LLC
|
|
03/07/2016
|
4 Bed
|
5 Bath
|
4400 ft²
|
$22,000,000
4 Bed
5 Bath
4400 ft²
|
$21,300,000
-3.18%
03/07/2016
|
-
|
Maria Avellaneda
Compass
|
|
02/17/2016
|
1 Bed
|
2 Bath
|
960 ft²
|
$1,495,000
1 Bed
2 Bath
960 ft²
|
-
-
|
-
|
Maria Torresy
Brown Harris Stevens
|
|
11/04/2015
|
1 Bed
|
1 Bath
|
916 ft²
|
$2,000,000
1 Bed
1 Bath
916 ft²
|
$2,000,000
05/02/2016
|
Jessica Vertullo
Compass
|
||
08/28/2015
|
4 Bed
|
4 Bath
|
3000 ft²
|
$11,995,000
4 Bed
4 Bath
3000 ft²
|
-
-
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
05/26/2015
|
1 Bed
|
2 Bath
|
866 ft²
|
$1,799,000
1 Bed
2 Bath
866 ft²
|
-
05/16/2016
|
Nella Zelensky
Brown Harris Stevens Residential Sales LLC
|
||
03/30/2014
|
2 Bed
|
2 Bath
|
1652 ft²
|
$5,300,000
2 Bed
2 Bath
1652 ft²
|
-
-
|
-
|
Marcos Cohen
Prudential Douglas Elliman Real Estate
|
|
11/25/2013
|
1 Bed
|
2 Bath
|
866 ft²
|
$1,845,000
1 Bed
2 Bath
866 ft²
|
-
-
|
-
|
Nella Zelensky
Brown Harris Stevens Residential Sales LLC
|
|
09/09/2013
|
4 Bed
|
5 Bath
|
4000 ft²
|
$15,950,000
4 Bed
5 Bath
4000 ft²
|
$16,500,000
+3.45%
12/12/2013
|
-
|
Elizabeth Sahlman
The Corcoran Group
|
|
03/02/2012
|
4 Bed
|
5 Bath
|
-
|
$13,850,000
4 Bed
5 Bath
|
$13,824,000
-0.19%
02/05/2021
|
-
|
Brian Manning
Brown Harris Stevens Residential Sales LLC
|
|
05/01/2009
|
4 Bed
|
4 Bath
|
-
|
$9,000,000
4 Bed
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
About Upper Manhattan
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