Off Market

Overview

$15,995,000

20% Min Down

625 Park Ave #5A

625 Park Avenue, New York, NY 10065

Building: 625 Park Ave

Co-Op in Lenox Hill

4 Bed | 4.5 Bath | 5,119 ft² | $3,125/ft² | -0.45% Cap Rate

Listed Nov 11th, 2020 (309 days)
Welcome to apartment 5A at beautiful 625 Park Avenue. No expense has been spared in the design of this over 5100 square foot home. Upon entering the apartment by way of private elevator landing, you are immediately greeted by a stunning entrance foyer. This home is a flexible 4 bedroom apartment plus a library. The living room, dining room, and library all have fireplaces. The chef's kitchen has all top of the line appliances and does have a separate breakfast room as well as butler's pantry. The home has it's own laundry and staff room and bath as well. 625 Park Avenue was designed by J.E.R. Carpenter in 1931. This 15 story building is entirely clad in limestone and was converted to a coop in 1968.

Features & Amenities

Unit Amenities

  • Laundry in Building
  • Dogs Allowed
  • Cats Allowed
  • Elevator
  • Exposure: South West

Building Amenities

  • Laundry in Building
  • Dogs Allowed
  • Cats Allowed
  • Elevator
  • Number of Elevators: 2
  • Fitness Center
  • Doorman
  • Through-Wall Air Conditioning
  • Dryer
  • New Construction
  • Laundry in Unit
  • Central Air Conditioning

Building Policies

  • Cats Allowed
  • Dogs Allowed
Learn more about 625 Park Avenue, New York, NY 10065

Listed By

Richard J Steinberg Profile Picture
Richard J Steinberg

Elliman

(212) 350-8059
Alexander Mignogna Profile Picture
Alexander Mignogna

Elliman

(212) 350-8014
Lauren A. Keegan Profile Picture
Lauren A. Keegan

Elliman

(212) 303-5399

History

Date Event Price
Sep 9, 2021 Status Change -
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Aug 5, 2021 Price Drop $15,995,000
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Nov 13, 2020 Listed $18,500,000
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Property Analysis

Price Estimate

$16,154,950

HopScore Market Price

$15,995,000

Current Asking Price

+$159,950

Difference from Asking

Cap Rate Analysis

Operating Profit

-$71,472
/

Purchase Price

$15,995,000
=

Cap Rate

-0.45%
**

* Actual income may vary between $7,600 and $11,400 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 625 Park Ave

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 625 Park Ave

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Building at 625 Park Avenue, New York, NY 10065

625 Park Avenue

625 Park Avenue, New York, NY 10065

Built in 1929 | 36 Units | 13 Stories

Want to find out who owns 625 Park Avenue, New York, NY 10065? Get detailed property transactions here.

Neighborhood

Stats & Trends

$13,000,000

Median Asking

-

Above Asking

-

Sale Price/ft²

319

Days on Market

Transportation

F

at Lexington Av 790 ft | 3 min walk

6

at 68th St-Hunter College 920 ft | 4 min walk

4

5

6

N

Q

R

at 59th St 0.30 mi | 7 min walk

N

Q

R

at 5th Av 0.37 mi | 9 min walk

N

Q

T

at 72nd St 0.47 mi | 11 min walk

Schools

School Type Grades Distance
East Side Elementray School-Ps 267 Elementary KG to 5 0.25 mi
Jhs 167 Robert F Wagner Middle School 6 to 8 0.58 mi
Professional Performing Arts High School High School 6 to 12 1.2 mi
Eagle Academy for Young Men of Harlem Secondary School 6 to 11 3.64 mi
Thurgood Marshall Academy Lower School Elementary KG to 5 4.36 mi
Hamilton Heights School Elementary KG to 5 4.24 mi
River East Elementary Elementary PK to 5 2.84 mi
Bilingual Bicultural School (the) Elementary PK to 5 2.23 mi
Tag Young Scholars Elementary KG to 8 2.22 mi
Central Park East I Elementary PK to 5 2.09 mi
Anderson School (the) Elementary KG to 8 1.16 mi
Vanguard High School High School 9 to 12 0.38 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$80,416

Per Month
When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

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Recent Transactions at 625 Park Ave

Transaction history for 625 Park Avenue

Unit Br Ba ft² Listed Listing Agent Asking
Common Charges
Closed Closing Buyer(s)
Unit 1D - - - - - - Dec 30, 2020 - Charles Raich As Trustee
The Candice Stark 2020 Family Trust
The Steven Stark 2020 Family Trust
Unit 1A - - - - - - Dec 30, 2020 - Charles Raich Trustee
The Candice Stark 2020 Family Trust
The Steven Stark 2020 Family Trust
Unit 6A 4 4 - Apr 2, 2015 Sharon Baum
The Corcoran Group
$13,000,000
$13,154/mo
Feb 16, 2016
319 Days
$13,000,000 Katherine Simon
Kurt Simon
Unit 5C - - - - - - Aug 25, 2015 $360,000 Arthur Hershaft
Unit GRNE - - - - - - Apr 27, 2015 $990,000 Marjorie Gershwind Fiverson
Unit 8H - - - - - - Feb 3, 2014 $267,959 Ssre Llc
Unit MULTIPLE - - - - - - Feb 3, 2014 $21,500,000 Ssre Llc
Unit 2D 1 1 - Apr 26, 2013 Paula Del Nunzio
Brown Harris Stevens
$1,875,000
$1,903/mo
Oct 1, 2013
157 Days
$1,825,000
-2.67%
Candice Stark
Steven J Stark
Unit 1E - - - - - - Sep 30, 2013 $550,000 The Berggruen Trust
Unit 5B - - - - - - Nov 19, 2012 $2,400,000 Arlene C Fischer
Robert E Fischer
Unit 9A - - - - - - May 17, 2012 $17,250,000 Marjorie Gershwind Fiverson
Unit 4ABCD - - - - - - Oct 13, 2011 $25,000,000 David Simon
Jacqueline Simon
Unit 1B - - - - - - Mar 19, 2010 $1,600,000 Gretchen M Berggruen
John H Berggruen
Unit GRE - - - - - - Mar 1, 2010 $812,500 Robert H Gotkin
Deborah S Sarnoff
Unit 5D - - - - - - Nov 17, 2008 $1,818,000 Arthur Hershaft
Unit 1A - - - - - - Jan 23, 2008 $5,300,000 Candice Stark
Steven Stark
Unit 67B - - - - - - Jul 25, 2007 $8,250,000 Jacqueline J Barth
Jay S Nydick
Unit - - - - - - - Nov 29, 1968 - 625 Park Corp
Unit - - - - - - - Nov 29, 1968 - Park Helena Inc
Unit - - - - - - - Mar 1, 1967 - Alpert Charles
Alpert Joseph
Leon Donn Inc
Unit - - - - - - - Feb 2, 1966 - Leon Donn Inc
Unit - - - - - - - Jan 21, 1966 - Central Ison Ltd

Apartments for Sale at 625 Park Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft² Common Charges Floorplans

Apartments for Rent at 625 Park Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 625 Park Ave #5A

Building at 625 Park Avenue, New York, NY 10065

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