NOT LISTED FOR SALE

Estimated Value: $3,571,000 - $9,922,761

3 Beds
4.5 Baths
4,003 Sq Ft
$14,997/mo HOA Fee

Last Sold July 30, 2024

Last sale price $10,700,000 $2,673 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $59,325/month

739 Days on Market

Highlights

  • City View
  • Elevator
  • High-Rise Condominium
  • P.S. 59 Beekman Hill International Rated A
  • Garage

About This Home

As of July 2024

The LOWEST PRICE HALF-FLOOR RESIDENCE at 432 Park Avenue! This grand 4,003 square foot, three-bedroom residence with library and four-and-a-half-baths offers generous proportions and abundant light throughout. Interior features include a private elevator landing, solid oak flooring, 12'-6 ceilings, and expansive 10' x10' windows. An elegant gallery leads to a gracious corner living room and dining room with views of Central Park to the north and the Manhattan skyline to the east. The windowed eat-in chef's kitchen also offers Central Park views and includes a center-island, marble floors and countertops, white lacquer and natural oak cabinetry, Miele stainless steel appliances and Dornbracht polished chrome fixtures. The corner master bedroom suite includes spacious closets, a separate dressing room, and boasts Southern and Eastern exposures. Two windowed master bathrooms include marble floors, showers and walls, cubic marble vanities with carved 22-inch oval sinks, custom wood cabinetry, freestanding soaking tub and separate shower, radiant heated floors and Dornbracht polished chrome bath fittings. The two additional south-facing bedrooms feature en-suite baths.

A limited selection of office suites and temperature-controlled wine cellars are also available for purchase.

Residents will enjoy 30,000 square feet of amenities, all with ceiling heights up to 28', including a private restaurant with a 5,000 square foot outdoor terrace for dining and events, fitness center, 75-foot indoor swimming pool, relaxation suite with sauna, steam, and massage rooms, billiards room and library, screening room, and conference room. In-residence dining and catering, concierge, 24-hour doorman, and onsite parking garage.

The complete terms are in an offering plan available from the Sponsor. File No. CD#11-0239.

Last Agent to Sell the Property

Shari Scharfer-Rollins

Douglas Elliman Real Estate License #30SC1053770 Listed on: 05/13/2022

Douglas Elliman Real Estate

Co-Listed By

Marc Palermo

Douglas Elliman Real Estate License #10301205829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $91,428

Year Built

  • Built in 2015

HOA Fees

  • $14,997 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 36th floor

Interior Spaces

  • 4,003 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1358 / 01292

Community Details

Overview

  • 104 Units
  • High-Rise Condominium
  • Midtown East Subdivision
  • 96-Story Property

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$91,428

Year Built

Built in 2015

Lot Details

0

HOA Fees

$14,997 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 36
  • Structure Type: High Rise
  • Pets No Pets Comments: NO,Building Pets Allowed Comments:NO
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 96

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 4003.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 14997.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 104
  • Total Stories: 96
  • Year Built: 2015

Tax Info

  • Tax Block: 01292
  • Tax Lot: 1358
  • Tax Annual: 91428.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
432 Park Avenue Trust and Mbf Property Holdings Llc
Bought by
Park Place Two Llc
Current Estimated Value
$6,918,587

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 30, 2024
Sold by
56Th And Park Owner Llc
Bought by
Mbf Property Holdings Llc
Seller's Agent
Shari Scharfer-Rollins
Douglas Elliman Real Estate
List Price
$14,750,000
Sold Price
$10,700,000
Premium/Discount to List
-$4,050,000
-27.46%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.78%

Purchase Details

Closed on
Jan 6, 2021
Sold by
Bbh Ventures Llc
Bought by
56Th And Park Owner Llc

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jun 18, 2019
Sold by
Park 36A Owner Llc and %
Bought by
Bbh Ventures Llc
Seller's Agent
Adam Modlin
Modlin Group LLC
List Price
$15,750,000
Sold Price
$15,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.96%

Purchase Details

Listed on
Mar 23, 2016
Closed on
Feb 20, 2018
Sold by
56Th And Park Owner Llc
Bought by
Park 36A Owner Llc
Seller's Agent
Roger Erickson
Douglas Elliman Real Estate
List Price
$17,500,000
Sold Price
$15,000,000
Premium/Discount to List
-$2,500,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Park Place Two Llc -- --
Mbf Property Holdings Llc $10,700,000 --
56Th And Park Owner Llc $13,000,000 --
56Th And Park Owner Llc $13,000,000 --
Bbh Ventures Llc $15,750,000 --
Bbh Ventures Llc $15,750,000 --
Park 36A Owner Llc $15,316,716 --
Park 36A Owner Llc $15,316,716 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $10,700,000 -27.5% $2,673 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $14,750,000 +37.9% $3,685 / Sq Ft
05/13/2024 05/13/24 Off Market $10,700,000 -- --
03/15/2023 03/15/23 Price Changed $14,750,000 -4.8% $3,685 / Sq Ft
01/13/2023 01/13/23 Price Changed $15,500,000 -8.8% $3,872 / Sq Ft
05/13/2022 05/13/22 For Sale $16,995,000 +7.9% $4,246 / Sq Ft
06/18/2019 06/18/19 Sold $15,750,000 0.0% $3,935 / Sq Ft View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $15,750,000 +5.0% $3,935 / Sq Ft
02/20/2018 02/20/18 Sold $15,000,000 -14.3% $3,747 / Sq Ft View Prior Sale
01/21/2018 01/21/18 Pending -- -- --
03/24/2016 03/24/16 For Sale $17,500,000 -- $4,372 / 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 $94,790 $755,569 $156,659 $598,910
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 $91,431 $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: RLS10960548

Real Estate Board of New York (REBNY)

APN: 1292-1358