NOT LISTED FOR SALE

Estimated Value: $6,604,000 - $10,569,845

3 Beds
6 Baths
4,970 Sq Ft
$6,535/mo HOA Fee

Last Sold July 06, 2018

Last sale price $1 $0 Per Sq Ft

Est. 849,496,000% increase in value since last sale

Current estimated payment $51,308/month

228 Days on Market

About This Home

As of July 2018

A once in a lifetime opportunity exists to purchase the Penthouse at the legendary Museum Tower. This impressive property occupies the Northern side of the 51st and 52nd floors, with spectacular views of Central Park, the Hudson River, George Washington Bridge, and/or Midtown, from every room. The Museum Tower, designed by architect Cesar Pelli, is an iconic award-winning full service, white glove building next to the Museum of Modern Art.

At 5000 square feet, the apartment is two floors of gracious living space. On the first floor, a double height entrance foyer with an imposing circular staircase draws you into the expansive 50 ft living room with its oversized windows that frame the awe-inspiring quintessential Manhattan skyline views. The space is perfectly scaled for entertaining with 2 setback terraces, one on each end of the living room, totaling nearly 800 sq ft. There is a wood burning fireplace, and handsome wood paneling surrounds the room. The commercial eat-in kitchen faces East and has a restaurant quality Wolf range, two subzero refrigerators, and tremendous cabinet and counter space.

The upper level of the duplex consists of three bedrooms, one currently used as a library, and two wood burning fireplaces. The master bedroom has two bathrooms, 3 walk -in closets, and a sizeable dressing area. The two additional bedrooms both have en-suite baths and generous closet space. All bedrooms have remarkable views of Central Park and/or the midtown skyline.

There is a staff room with ensuite bathroom, a butler's pantry, and laundry on the first floor, a guest powder room off the foyer, and a dumbwaiter to service between the floors. The Museum Tower is part of the prestigious MoMA landmark complex and is centrally located in the center of Midtown surrounded by the most prestigious residences and cultural institutions. Central Park, award winning restaurants, and fine shopping are but steps away. With a professional and attentive staff of 50+, the building offers incomparable service including optional maid, laundry and valet services. The building offers one of the finest fitness centers of its kind with a large array of equipment, as well as a media and conference room, and a beautifully landscaped roof terrace overlooking the MoMa gardens. There are wine storage and private storage rooms for residents.

The Museum Tower offers the epitome of luxurious white glove living, and this apartment is its crown jewel. Showings by appointment.

Last Agent to Sell the Property

Edward Johnston

Brown Harris Stevens Residential Sales LLC License #30JO0990079 Listed on: 10/20/2017

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Shirley Mueller

Brown Harris Stevens Residential Sales LLC License #30mu0956110

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

HOA Fees

  • $6,535 Monthly HOA Fees

Home Design

  • 4,970 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 246 Units
  • Middle West Side Subdivision
  • 52-Story Property

Listing and Financial Details

  • Tax Block 01269

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$6,535 per month

Listing Details

  • Cross Street: 5 AVENUE and AVENUE OF THE AMERICAS
  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 4970.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6535.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 246
  • Total Stories: 52
  • Year Built: 1982

Tax Info

  • Tax Block: 01269
  • Tax Annual: 217248.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jul 6, 2018
Sold by
Alan Horn Co-Trustee and % : Chartwell Partners
Bought by
Penthouse Residence Llc
Seller's Agent
Edward Johnston
Brown Harris Stevens Residential Sales LLC
List Price
$15,950,000
Sold Price
$1
Premium/Discount to List
-$15,949,999
-100%
Current Estimated Value
$8,494,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,494,960
Avg. Annual Appreciation
768.78%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Perenchio A Jerrold
Bought by
Perenchio A Jerrold - Trustee and Perenchio
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penthouse Residence Llc $9,250,000 --
Perenchio A Jerrold - Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $1 -100.0% $0 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $15,950,000 -- $3,209 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $2,333,664 $521,115 $1,812,549
2024 -- $2,195,038 $521,115 $1,673,923
2023 $0 $2,142,697 $521,115 $1,621,582
2022 $0 $1,855,380 $521,115 $1,334,265
2021 $0 $1,826,694 $521,115 $1,305,579
2020 $0 $2,036,230 $521,115 $1,515,115
2019 $0 $2,122,080 $521,115 $1,600,965
2018 $0 $1,958,172 $521,115 $1,437,057
2017 $0 $1,904,279 $521,114 $1,383,165
2016 $0 $1,903,807 $521,115 $1,382,692
2015 -- $1,885,204 $521,114 $1,364,090
2014 -- $1,600,289 $521,115 $1,079,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10016349

Real Estate Board of New York (REBNY)

APN: 1269-1272