$15,000,000
SOLD FEB 20, 2019
3 Beds
4.5 Baths
4,003 Sq Ft
$8,331/mo HOA Fee

Recently Sold

$3,747 Per Sq Ft

14% Below List Price

256 Days on Market

Highlights

  • Garage
  • P.S. 59 Beekman Hill International Rated A
  • Laundry Facilities

About This Home

As of February 2019

THE ONLY UNIT AVAILABLE UNDER $20M. LIVE IN THE BEST BUILDING IN THE CITY FOR UNDER $4,000/SF-

Prestige city living takes a sophisticated turn in this stylish 432 Park Avenue residence featuring elegant interiors, flowing proportions and inspiring panoramas over the city and Central Park. Created to provide a unique sanctuary of classic appeal, it sets a high benchmark for deluxe inner city living with an impressive 4,003 sq ft area and full access to the building's premium resort services.

Set within the tallest residential tower in the western hemisphere, the home is accessed by a private elevator that opens onto an entry gallery. Inside there is a grand living area featuring a light filled open design with soaring 12 ft ceilings and large walls of glass that enhance natural light and the superb backdrop. North, south and west exposures capture the city from every angle and offer a dress circle seat to some of the best views in town. Three double sized bedroom suites each have their own bathroom and include a corner master with dual spa-like bathrooms, each with marble floors and walls, custom wood cabinetry, radiant heated floors and Dornbracht polished chrome bath fittings.

The chef's island kitchen is superbly appointed with Miele stainless steel appliances, marble countertops and natural oak cabinetry, and has its own butler's pantry and service entrance.

But that's not all ? residents of 432 Park Avenue have access to the building's six-star amenities including a private restaurant and outdoor terrace for dining and events. There is also a 75-foot indoor swimming pool, fitness center with a spa that includes sauna, steam and massage rooms, a library/billiards room, screening room and boardroom. This full service building has a concierge and 24-hour doorman offering onsite parking garage and valet services.

Designed by Rafael Vinoly, this spectacular 96 story skyscraper is enhanced by its desirable Midtown location in the very heart of Manhattan. From here it is just a short distance to an array of great museums, galleries, shopping choices, restaurants and subway stations.

Last Listed By

Sabrina Saltiel

Douglas Elliman Real Estate License #30SA0955472 Listed on: 03/20/2018

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $87,168

Year Built

  • Built in 2015

HOA Fees

  • $8,331 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 4,003 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling

Community Details

Overview

  • 432 Park Avenue Condos
  • Midtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$87,168

Year Built

Built in 2015

Lot Details

0

HOA Fees

$8,331 per month

Listing Details

  • Cross Street: E 56th St
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MIDTOWN
  • Entry Level: 35
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 4003.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8331.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 432 Park Avenue
  • Year Built: 2015

Tax Info

  • Tax Block: 0
  • Tax Annual: 87168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Feb 19, 2019
Sold by
432 Parkview Llc
Bought by
432 Park 35B Ny Llc
Seller's Agent
Sabrina Saltiel
Douglas Elliman Real Estate
List Price
$17,499,000
Sold Price
$15,000,000
Premium/Discount to List
-$2,499,000
-14.28%
Total Days on Market
256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.73%

Purchase Details

Closed on
Dec 22, 2015
Sold by
56Th And Park Owner Llc
Bought by
432 Parkview Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,750,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $15,000,000 --
Deed $18,116,903 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $17,750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 For Rent $60,000 0.0% --
05/25/2023 05/25/23 For Sale $18,500,000 0.0% $4,622 / Sq Ft
05/11/2023 05/11/23 Off Market $18,500,000 -- --
05/09/2023 05/09/23 For Sale $18,500,000 0.0% $4,622 / Sq Ft
05/02/2023 05/02/23 Off Market $18,500,000 -- --
05/04/2022 05/04/22 For Sale $18,500,000 +23.3% $4,622 / Sq Ft
02/20/2019 02/20/19 Sold $15,000,000 -14.3% $3,747 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $17,499,000 -- $4,371 / 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
2024 $94,790 $758,200 $156,659 $601,541
2023 $92,768 $756,240 $156,659 $599,581
2022 $91,249 $751,260 $156,659 $594,601
2021 $86,178 $702,516 $156,659 $545,857
2020 $90,692 $788,344 $156,659 $631,685
2019 $90,095 $756,667 $156,659 $600,008
2018 $87,909 $730,233 $156,659 $573,574
2017 $85,632 $694,969 $156,659 $538,310
2016 $69,366 $570,612 $156,658 $413,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10428605

Real Estate Board of New York (REBNY)

APN: 1292-1357